$3,400,000
Paradise Valley, AZ 85253
MLS# 6983586
Status: Closed
4 beds | 3 baths | 3915 sqft
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Property Description
Situated on a near 1-acre cul-de-sac lot near Resort Row, with striking Camelback Mountain and Echo views, this flat, non-hillside, sewer-connected parcel offers exceptional flexibility in one of Paradise Valley's most desirable central locations . The existing residence is structurally solid and fully livable, having operated successfully as a rental for the past five years. It provides immediate usability and income potential. This creates a rare opportunity for a buyer to occupy, renovate thoughtfully over time, or land bank while collecting rental income in a premier redevelopment corridor. Surrounded by active and recently completed $10M+ estate construction, the location strongly supports a custom luxury build, high-end remodel, or strategic Hold.
Details
Contract Information
Sold Price: $3,400,000
Status: Closed
Current Price: $3,400,000
List Date: 2026-02-12
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location, Tax & Legal
House Number: 4912
Compass: E
Street Name: ARROYO VERDE
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 4138
Country: US
County Code: Maricopa
Assessor Number: 169-23-015
Subdivision: ARROYO VERDE
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: 1
Total Bathrooms: 3
Approx SQFT: 3915
Price/SqFt: 868.45
Horses: N
Builder Name: Custom
Year Built: 1972
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 43464
Approx Lot Acres: 0.998
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 3
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Legal Info
Township: 2N
Range: 4E
Section: 8
Lot Number: 8
Showing Notification Methods
Showing Service: Aligned Showings
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 3
Slab Parking Spaces: 4
Total Covered Spaces: 3
Items Updated
Roof Yr Updated: 2016
Roof Partial/Full: Partial
Contact Info
List Agent Home Phn: 602-740-5712
Sold Info
Loan Type: Cash
Closing Cost Split: Buyer - B
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: Tatum and Lincoln
Directions: South on Tatum, left on Arroyo verde.
Geo Lat: 33.528388
Geo Lon: -111.974619
Status Change Info
Off Market Date: 2026-03-21
Under Contract Date: 2026-02-22
Close of Escrow Date: 2026-03-20
Sold Price: $3,400,000
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Double Vanity
Fireplace Features: Gas Fireplace
Private Pool Features: Outdoor
Spa: None
Dining Area: Formal
Kitchen Features: Dishwasher; Built-in Microwave; Granite Counters
Laundry: Washer Hookup
Other Rooms: Family Room; Great Room; Bonus/Game Room; Separate Workshop
Exterior Features: Balcony; Open Deck
Parking Features: Circular Driveway
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Foam
Cooling: Central Air; Heat Pump
Heating: Electric; Natural Gas
Utilities: APS; Natural Gas Connected
Water Source: City Water
Irrigation: Sprinkler
Sewer: Sewer - Public
Services: Other (See Remarks)
Fencing: Block
Property Description: Cul-De-Sac Lot
Landscaping: Gravel/Stone Back; Desert Front
Showing Notification Methods: Text; Email
Lockbox Type: Supra
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Compass
Office Phone: 480-776-1555
Office Email: [email protected]
Last Updated: March - 21 - 2026
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