5516 N 24th Street -, Phoenix, AZ 85016, Phoenix AZ 85016
Exceptional Biltmore Opportunity - One of the last remaining chances to build your dream estate at the gateway to the world-renowned Biltmore. This extraordinary 34,989 sq ft parcel is perfectly positioned in one of Phoenix's most prestigious and sought-after locations. Just steps from the vibrant Biltmore Fashion Park, enjoy fine dining, upscale shopping, and elite fitness clubs at your doorstep. With quick access to Sky Harbor Airport, downtown Phoenix, and premier golf courses, this homesite places you at the center of it all. Offering a remarkable canvas for a modern retreat or timeless
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 90th percentile of that active group. The comparison uses 564 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $1,262,500, and the median is $533 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 2234 E MISSOURI Avenue, Phoenix, AZ 85016 | Sep 30, 2026 | 4 bd · 3,562 sqft | $1,500,000 | 0.1 mi |
| 2521 E Marshall Avenue, Phoenix, AZ 85016 | Apr 30, 2026 | 3 bd · 2,734 sqft | $1,650,000 | 0.2 mi |
| 2505 E DENTON Lane, Phoenix, AZ 85016 | May 20, 2026 | 3 bd · 1,788 sqft | $985,000 | 0.2 mi |
| 2531 E MARSHALL Avenue, Phoenix, AZ 85016 | Jun 8, 2026 | 3 bd · 2,500 sqft | $1,500,000 | 0.2 mi |
| 5314 N 24TH Place, Phoenix, AZ 85016 | Jul 10, 2026 | 3 bd · 1,906 sqft | $980,000 | 0.2 mi |
| 2501 E MONTEBELLO Avenue, Phoenix, AZ 85016 | Apr 17, 2026 | 3 bd · 2,031 sqft | $1,025,000 | 0.2 mi |
| 5314 N 25TH Street, Phoenix, AZ 85016 | May 18, 2026 | 3 bd · 2,094 sqft | $1,587,500 | 0.3 mi |
| 5201 N 24TH Street 107, Phoenix, AZ 85016 | Apr 24, 2026 | 1 bd · 856 sqft | $397,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $2,280,000 · Active
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