5416 E Palo Verde Dr., Paradise Valley, AZ 85253

NOW A SHORT SALE - ONE-ACRE TEARDOWN ON NORTH SLOPE OF CAMELBACK MOUNTAIN BETWEEN SANCTUARY RESORT & ECHO CANYON - This prime north/south lot in desirable Stone Canyon has spectacular views of Camelback Mountain, including its Praying Monk, to the south and Mummy Mountain to the north. APPRAISED AT $1.4 MILLION IN OCTOBER 2008 BY LEADING PARADISE VALLEY APPRAISER ZACK BUNCH. Overhead power lines being removed under Arizona Public Service conversion project. Lot does not back to McDonald Dr. No HOA. DRASTICALLY REDUCED FROM $1,895,000. See Documents section of listing for: 1. appraisal, 2. APS correspondence & fact sheet regarding underground conversion project, 3. map of conversion project & 4. Maricopa County Official Parcel Map showing location & dimensions of Lot 2 in Stone Canyon East.