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

> **TL;DR:** 4bd/3ba single family, $7,999,999 ($1417/sqft), built 1976, 5,645 sqft.
> Pool, Fireplace, A/C. Est. $34,667/mo. Listed 57 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,999,999 |
| Price/sqft | $1417 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Square Feet | 5,645 |
| Year Built | 1976 |
| Lot Size | 122,839 sqft (2.82 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 57 |

## Why This Home Stands Out

- **Pool** - Patio

## 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

## Key Amenities

- Pool
- Fireplace
- A/C

## Property Highlights

- Built in 1976
- 2.82 acre lot
- 2 stories
- Private pool
- Fireplace

## Description

### Agent 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.

## Location

- **Address:** 5057 E SKY DESERT Lane, Paradise Valley, AZ 85253
- **County:** Maricopa
- **Neighborhood:** Metes and Bounds
- **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/5b728ceb0569ebd3dda120e2684c8ad3l-f1732221899r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/5057-e-sky-desert-lane-paradise-valley-az-85253-6995406)*

---

**MLS#:** 6995406 | **Updated:** 2026-04-24
**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-85253-6995406)

---

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