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● For sale

$7,999,999

5057 E SKY DESERT Lane, Paradise Valley, AZ 85253

Metes and Bounds · Maricopa County

4 beds 3 baths 5,645 sqft 2.82 acres Built 1976 $1,417 /sqft No HOA

108 days on market

What's special

Mountain(s) views
Fireplace
3-car garage
No HOA

Description

Possibly the finest remaining homesite in all of Paradise Valley. Set on just under three acres of flat, buildable land, this extraordinary property offers sweeping mountain views, exceptional privacy, and a setting rarely found in today's market. A mature perimeter hedge creates a secluded estate environment, while the expansive grounds provide endless possibilities for a future world-class compound. Located in one of the most desirable areas of Paradise Valley, the property combines tranquility with proximity to the Valley's best dining, resorts, and shopping. An existing residence on the property has been tastefully remodeled and is highly livable, offering immediate enjoyment while future plans are developed. The home could easily be expanded or reimagined though the true value lies in the land itself -- presenting a rare opportunity to build a legacy estate on what may be one of the most exceptional lots currently available in Paradise Valley. Matt Thomas drawings available on request.

Property details

Interior

Bedrooms

Bedrooms: 4

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Interior Features

Full Bth Master Bdrm
Eat-in Kitchen
Pantry
Kitchen Island
Walk-in Pantry
High Speed Internet
Master Downstairs
Vaulted Ceiling(s)
Wet Bar
Flooring: Tile, Wood
Window Features: Wood Frames, Dual Pane, Tinted Windows

Appliances

Dishwasher
Disposal
Refrigerator
Gas Cooktop
Microwave
Gas Oven
Gas Range
Washer
Dryer
Water Purifier
Laundry Features: Inside

Heating and Cooling

Cooling Features: Central Air
Heating Features: Electric
Fireplace: Yes
Fireplace Features: Family Room, Living Room, Master Bedroom, Gas, Exterior Fireplace

Other Interior

Stories: 2

Accessibility

Zero-Grade Entry
Hard/Low Nap Floors
Remote Devices

Exterior

Exterior and Lot Features

Private Yard
Built-in Barbecue
Patio and Porch Features: Patio, Covered Patio(s)
Fencing: Block, Chain Link

Land Info

Cul-De-Sac
Corner Lot
Sprinklers In Front
Sprinklers In Rear
Grass Front
Grass Back
Lot Size Acres: 2.82
Lot Size Square Feet: 122,655

Garage and Parking

Garage Spaces: 3
Attached Garage: No
Parking Features: Garage Door Opener, Circular Driveway, Direct Access

Home Features

View: Mountain(s)

Community

Homeowners Association

Association: No
Association Fee Includes: No Fees

Neighborhood

Subdivision: Metes and Bounds

Listing

Other Property Info

Annual Tax Amount: $12,159
Source Listing Status: Active
County: Maricopa
Directions: East on Mockingbird to 51st Place, right (south) to Sky Desert and property.
Property Subtype: Single Family Residence
Parcel Number: 168-74-003-D
Postal City: Paradise Valley
Listing Date: 2/12/2026
On Market Date: 3/13/2026
MLS#: 6995406

Features

Building and Construction

Total Square Feet Living: 5,645
Year Built: 1976
Property Age: 50
Architectural Style: Spanish, Santa Barbara/Tuscan, Other
Construction Materials: Wood Frame, Painted, Stucco
Roof: Built-Up, Tile
Stories: 2
Living Area Source: Assessor

Utilities

Sewer: Septic-In & Connected
Water Source: Public

Contact Us

Ask a question or schedule a showing

Listed by Frank Dimaggio The Agency

Listing updated: May 24, 2026

MLS#: 6995406

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.