Large flat acreage at the base of Camelback: teardown economics, recent sales, and active builders.
Camelback Lands (Updated Q4 2026)
By Clayton Wolfe, Partner at The Agency · Published November 2, 2026 · Last updated November 2, 2026
I'm Clayton Wolfe, Partner at The Agency in Scottsdale. Camelback Lands, including the adjoining Cameldale plats, is where some of the town's largest flat parcels sit at the base of Camelback Mountain.
The published neighborhood median here is about $11.4 million, the highest of the named enclaves on the prices page, and the published typical lot is roughly 93,000 square feet, well over two acres. This is big-land territory.
Recent closes have run from $10 million to above $16 million, a mix of new construction and older homes bought for the land. Builders are very active here.
What drives value is the combination the town rarely offers at once: large, flat, buildable acreage with Camelback filling the view.
Closed | Sale price | Size (sq ft) | $/sq ft | Lot (acres) | Builder |
|---|---|---|---|---|---|
Apr 2026 | $10,000,000 | 6,772 | $1,477 | 1.13 | BedBrock Developers |
Mar 2026 | $9,500,000 | 13,946 | $681 | 2.26 | |
Feb 2026 | $10,600,000 | 7,781 | $1,362 | 1.13 | Travis Custom Homes |
Jan 2026 | $11,400,000 | 10,352 | $1,101 | 1.36 | |
Dec 2025 | $16,250,000 | 10,281 | $1,581 | 2.03 | |
Jul 2024 | $11,700,000 | 13,364 | $875 | 2.24 | |
Mar 2024 | $11,000,000 | 6,691 | $1,644 | 1.01 | BedBrock Developers |
Source: ARMLS closed records cross-checked to the Maricopa County Recorder, Camelback Lands and Cameldale plats. Published neighborhood median $11.4 million; see the Paradise Valley home prices by neighborhood page. Compiled by Clayton Wolfe. As of November 2, 2026.
Flat, oversized acreage. Camelback Lands and the adjoining Cameldale plats hold some of the largest flat parcels in town. The typical lot runs near 93,000 square feet, well over two acres. Flat, buildable ground is worth more per acre than steep ground because you can use all of it, and that is the core of the land value here.
The mountain is the view. These lots sit at the base of Camelback. From the right building site the mountain fills the frame. That view premium is a large part of why recent closes run from $10 million to above $16 million.
Teardown economics. Older homes here are often bought for the land. A well-kept 1980s house and a new build next door can sit at double the price. Before you plan a teardown, read the lot, the setbacks, and the natural grade, not just the existing house.
Active building. New construction is steady. BedBrock Developers and Travis Custom Homes are among the builders working recent sites. Active building supports land values and gives buyers finished comparables to price against.
For a seller, this is why a pre-listing inspection pays for itself in this market. I covered that in pre-listing inspections for Paradise Valley luxury homes. For a one-of-a-kind property, see how I price homes with no comps.
Short answers to the questions I hear most. Each one is covered in more depth above.
Two things: the lots and the views. Camelback Lands holds some of the largest flat parcels in Paradise Valley, with a typical lot near 93,000 square feet, and the land sits at the base of Camelback Mountain. Large, flat, buildable ground with a mountain view is the most expensive combination in town. Recent recorded closes have run from $10 million to above $16 million, with a published neighborhood median of $11.4 million.
The typical lot runs near 93,000 square feet, well over two acres. That is roughly double the town's one-acre minimum and larger than most named enclaves on the prices page. Shape and frontage matter as much as acreage, so read the setbacks and the natural grade before you plan a build.
Often yes. Older homes here are frequently bought for the land, and a new build next door can sit at double the price of a well-kept 1980s house. Before you commit, read the lot, the setbacks, and the natural grade, not just the existing house. I walk clients through the teardown math before they write an offer.
Building is usually cheaper per square foot, but it takes 18 months or more, and teardown plus site work on a large parcel here adds cost. A finished new build costs more because you are paying for the product and the time saved. With active builders like BedBrock Developers and Travis Custom Homes working here, there are finished comparables to price against. I run both numbers on the specific lot before clients decide.
A Camelback Mountain view that cannot be blocked is worth more than one that can. On these flat parcels, building position and neighboring rooflines decide how much of the mountain you keep. I check what the lots around you are allowed to build before I value the view, because a protected view is a large part of the price here.
Clayton Wolfe, Partner at The Agency, Scottsdale. Luxury real estate specialist for Paradise Valley, Scottsdale, and Arcadia, with a niche in airpark and hangar-home properties. $100M+ in closed sales. RealTrends Verified #59 in Arizona by sales volume. Member of REALM. Founding member of the American Real Estate Association. Commercially rated pilot, 2,000+ hours.
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