A vacant parcel of land near the top of Camelback Mountain is listed for $3.85 million — a price that includes architectural renderings for a secluded 7,000-square-foot estate.East of the 1.07-acre lot is land owned by the city of Phoenix where no other home can be built, said Dallas Peagler, Realtor with The Brokery and listing agent for the property at 5250 E. Red Rock Drive #34 in Phoenix.The property was listed Jan. 8 and offers unobstructed 180-degree views of the city below, Peagler said. The adjacent city-owned property includes a canyon that creates waterfalls when it rains.Ivan Shongov, principal architect with Phoenix-based Architekshon Inc., designed an estate for the lot that features a 10-car basement and a rooftop terrace.He designed the living room, kitchen and dining areas into one open space w …
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