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Courtesy of Cordova Realty, Alexander Dery-Chaffin Listing Contact: 520-240-0408 
3 Beds
3 Baths
4,000 sqft

$4,000,000

2515 E VALLEY VIEW Drive, Phoenix AZ, 85042

Price per sqft$1,000.00
Built in2026
Property size4,000 sqft
Property typeResidential

Overview

Active

Listed May 1, 2026

Updated Aug 12

A rare opportunity to build a true statement home on one of the most dramatic hillside homesites in the Valley. Perched on over an acre, this elevated setting captures unobstructed panoramic views that stretch endlessly, delivering breathtaking sunsets and a nightly display of city lights that feel almost within reach. The combination of elevation, orientation, and surrounding protected land creates a setting that is both visually striking and incredibly private. Ideal canvas for a one-of-a-kind custom residence. This is a to-be-built opportunity with meaningful flexibility. Current architectural plans and concepts are in place, and buyers have the ability to connect directly with the architect/builder to refine, expand, or completely reimagine the design to suit their vision. Whether pursuing a modern hillside showpiece or a warm desert retreat, the homesite supports a wide range of possibilities, with build costs varying based on scope, finishes, and overall design intent. The proposed concept begins with approximately a 5,000 square foot footprint, thoughtfully designed to embrace the landscape and maximize the views. A key advantage of the layout is the ability to enclose extensive covered exterior areas, including the space between the main residence and garages as well as a floating patio, allowing the future owner to significantly expand the livable square footage while maintaining seamless indoor-outdoor flow. The result is a home that lives far beyond its initial footprint, designed for both everyday living and elevated entertaining. Set at the base of South Mountain Preserve and backing directly to the Mormon Trail, the property offers immediate access to over 25 square miles of protected Sonoran Desert. Step outside your front door and you are instantly connected to miles of hiking, mountain biking, and exploration, with the natural terrain becoming an extension of your backyard. With preserve land bordering the homesite on three sides, the sense of permanence, privacy, and view protection is exceptionally rare and highly sought after. Despite the quiet, retreat-like setting, the location remains highly connected. Just minutes from Phoenix Sky Harbor International Airport, Arizona State University, and Downtown Phoenix, this property offers the unique ability to enjoy a serene desert lifestyle without sacrificing convenience to the core of the city. A significant advantage to this offering is that the seller has already advanced the hillside development and permitting process to near completion, effectively removing one of the most time-consuming and complex steps of hillside construction. This positions a buyer to move forward with building in a fraction of the typical timeline, adding both immediate value and long-term appeal. The property is also cross listed as a land-only opportunity, providing flexibility for those who prefer to design and build independently. Architecturally significant renderings from the current architect/builder are available, offering a glimpse into the potential of what can be created on this extraordinary homesite. Opportunities like this are increasingly rare - where elevated views, protected desert surroundings, direct trail access, and central proximity all come together. This is more than a homesite; it is a chance to build a legacy property in one of the most visually compelling and naturally connected settings in Arizona.

$26,612/mo

Est. mortgage payment based on a $4,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7022130

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.11 Acres

Other Property Details

Taxes
$1,885
Tax Frequency
Annually
Garage
Yes
View
Yes
Pool
Yes

Courtesy of Cordova Realty, Alexander Dery-Chaffin

Listing Contact: 520-240-0408 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Santistevan Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 3:24 AM UTC, 8/12/2026.

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