# 5057 E SKY DESERT Lane, Paradise Valley, AZ 85253

> **TL;DR:** land, $7,999,999. Est. $34,667/mo. Listed 109 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,999,999 |
| Lot Size | 122,839 sqft (2.82 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 109 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $34,667 |
| **Total** | **$34,667** |

## Nearby Schools

- **Elementary:** Cherokee Elementary School
- **Middle:** Cocopah Middle School
- **High:** Chaparral High School

## Property Highlights

- 2.82 acre lot

## Description

### Agent Description
NO HOA! 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. An existing residence on the property has been tastefully remodeled and is highly livable. 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.

## Location

- **Address:** 5057 E SKY DESERT Lane, Paradise Valley, AZ 85253
- **County:** Maricopa
- **Coordinates:** 33.555283, -111.971173
- **Google Maps:** https://www.google.com/maps?q=33.555283,-111.971173

## Listing Agent

- **Name:** Frank Dimaggio
- **Brokerage:** The Agency
- **Phone:** 6024692554
- **Email:** frank@theagencyfrank.com

## Primary Photo

![5057 E SKY DESERT Lane - Primary Photo](http://lh.rdcpix.com/9ca4be6892bbeaba52496f75bee06b8el-f1732221899r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/5057-e-sky-desert-lane-paradise-valley-az-85253-6995448)*

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**MLS#:** 6995448 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5057-e-sky-desert-lane-paradise-valley-az-85253-6995448)

---

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