7017 E PALO VERDE Place 7, Paradise Valley, AZ 85253

$3,950,000
Property Type: Land Lot Size (sq. ft.): 54,768 Status: Closed
Current Price: $3,950,000 List Date: 9/21/2023 Last Modified: 8/20/2025

Description

THE BEST Paradise Valley lot with unobstructed panoramic views of Camelback Mountain, Mummy Mountain, Arizona sunsets and sparkling city lights. It's the only true south facing backyard in Paradise Valley Estates neighborhood, non front loaded, and also does not fall under hillside zoning. The oversized lot is an entertainer's dream with ample space for an amazing custom home featuring a resort style backyard, tennis court and anything you can dream up. Ideally located just minutes to the Paradise Valley Country Club, JW Camelback Inn Resort & Spa, Scottsdale Fashion Square, many popular restaurants, world renowned golf courses, hiking, cycling and walking trails.

More Information MLS# 6487249

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $3,950,000 Sold Price: $3,950,000 Status: Closed List Date: 2022-11-09

Location, Tax & Legal

Lot #: 7 Assessor's Map #: 29 Legal Description (Abbrev): LOT 7 PARADISVE VALLES ESTATES MCR 006104 Assessor's Parcel #: 7 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Paradise Valley Census Tract: 105004 Taxes: 9589 Marketing Name: Paradise Valley Estates Map Code/Grid: N36 House Number: 7017 Compass: E Street Name: PALO VERDE St Suffix: Place City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 5950 County Code: Maricopa Assessor Number: 169-29-007-A Subdivision: PARADISVE VALLES ESTATES Tax Year: 2022

General Property Description

Apx Total Acres: 1.26 Apx Total Acres G/N: G Price Per Acre: 3293650.79 Apx SqFt: 54768 Price Per SqFt: 75.77 Apx SqFt G/N: G Lot Size Dimensions: TBD Flood Zone: TBD 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 Zoning: RES

Legal Info

Range: 4E Section: 8 Township: 2N Lot Number: 7

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 4150000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Potential Use

Single Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Development Status

Subdivision Plat Apv: 1 See Remarks: 1

Land Features

Corner Lot: 1 North/South Exp: 1 Other: 1

View

City Lights: 1 Mountain(s): 1

Elevation Source

Other (See Remarks): 1

Vegetation

Low Desert: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Traffic Count

Other (See Rmks): 1

Fencing

See Remarks: 1

Water Source

Private: 1

Sewer

Other: 1

Electric

APS: 1

Topography

Level: 1 Gentle Sloping: 1

Gas

Other (See Rmks): 1

Existing Structures

None: 1

Distance to Cable

Under 350 Feet: 1

New Financing

Cash: 1 Conventional: 1 Other (See Rmks): 1

Distance to Phone

Call Listing Office: 1

Distance to Water

Under 350 Feet: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Distance to Gas

None: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

Call Listing Office: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Existing Other Loan

Not Applicable: 1

Seller May Carry (SMC) Payment

Principal & Interest: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: % Seller Concession to Buyer: 0 Seller Concession $/%: %

Remarks Misc

Cross Street: Lincoln Dr and Desert Fairways Dr Directions: North on Desert Fairways Dr, Right (E) on Palo Verde to property on Right (S). (Views of Camelback Mountain) Geo Lat: 33.537874 Geo Lon: -111.968826

Status Change Info

Off Market Date: 2023-10-18 Under Contract Date: 2023-09-19 Close of Escrow Date: 2023-10-17 Sold Price: $3,950,000

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Development Status: Subdivision Plat Apv; See Remarks Land Features: Corner Lot; North/South Exp; Other View: City Lights; Mountain(s) Elevation Source: Other (See Remarks) Vegetation: Low Desert Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: Other (See Rmks) Topography: Level; Gentle Sloping Existing Structures: None Water Source: Private Sewer: Other Electric: APS Gas: Other (See Rmks) Distance to Cable: Under 350 Feet Distance to Phone: Call Listing Office Distance to Water: Under 350 Feet Distance to Electric: On Property Distance to Gas: None Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; Other (See Rmks) Seller May Carry (SMC) Payment: Principal & Interest Environmental: None Lockbox Type: None Fencing: See Remarks
Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: August - 20 - 2025
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