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.
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Location
4912 E ARROYO VERDE Drive, Paradise Valley, AZ 85253
Status
Sold
Property Amenities
Interior
Laundry roomWshr/Dry Hook Up Only
FireplaceGas
AppliancesBuilt-in Microwave, Dishwasher
Total Bedrooms:4
Half Bathrooms:1
Full Bathrooms:2
Other Interior FeaturesGranite Counters, Double Vanity, Full Bth Master Bdrm
Area & Lot
Lot Area1 Acres
Living area3,915 Sq.Ft.
MLS® ID6983586
Year Built1972
School DistrictScottsdale Unified District
High SchoolSaguaro High School
Middle SchoolMohave Middle School
Elementary SchoolKiva Elementary School
TypeResidential
StatusSold
Exterior
Stories1
PoolOutdoor
Air conditioningHeat Pump, Central Air
Heat typeElectric, Natural Gas
Water SourceCity Water
Garage Space3.0
SewerPublic Sewer
Other Exterior FeaturesBalcony
ParkingCircular Driveway
Lot FeaturesDesert Front, Cul-De-Sac, Gravel/Stone Back
RoofFoam
UtilitiesNatural Gas Connected
Finance
Sales Price$3,400,000
Real Estate Tax$6,603 yearly
Paradise Valley
Home to eight full-service resorts, making it one of Arizona's premier tourist destinations.
With experience and expertise in multiple facets of the business have given us the skills to deal with any transaction, regardless of the type or price point.