7501 E PALO VERDE Drive 8, Scottsdale, AZ 85250

$4,500,000
Property Type: Residential Bedrooms: 4 Baths: 4.5 Square Footage: 4,415 Lot Size (sq. ft.): 21,163 Status: Closed
Current Price: $4,500,000 Last Modified: 4/22/2025

Description

Nestled just north of downtown Scottsdale, Palo Verde Lane is a unique desert modern community that blends architecture with the natural beauty of the desert. This final home sits on a nearly 0.5 acre lot, featuring a 3-car garage, 3 spacious ensuite bedrooms, an office, and a gym. Its design combines the warmth of wood, the permanence of masonry, and the openness of glass, offering both privacy and connection to nature. Just steps from upscale dining and shopping, the home honors its desert heritage and fosters neighborliness, making it a rare opportunity to own in this coveted community.

More Information MLS# 6758018

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Sold Price: $4,500,000 Status: Closed Current Price: $4,500,000 List Date: 2024-09-16

Location, Tax & Legal

Unit #: 8 Assessor's Map #: 4 Legal Description (Abbrev): LOT 8 PALO VERDE LANE MCR 133817 Assessor's Parcel #: 56 Tax Municipality: Scottsdale Taxes: 2858 House Number: 7501 Compass: E Street Name: PALO VERDE St Suffix: Drive City/Town Code: Scottsdale State/Province: AZ Zip Code: 85250 Zip4: 6029 County Code: Maricopa Assessor Number: 173-04-056 Subdivision: PALO VERDE LANE Tax Year: 2023

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 4415 Price/SqFt: 1019.25 Approx Lot SqFt: 21163 Approx Lot Acres: 0.486 Horses: N Builder Name: ROEDER 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 Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 2 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 4.5 Year Built: 2024

Legal Info

Range: 4E Section: 14 Township: 2N Lot Number: 8

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stone: 1

Roofing

Foam: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 0 HOA Fee: 1914 HOA Paid Frequency: Quarterly HOA Name: Palo Verde Lane HOA Telephone: TBD Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 1000 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 2094 Disclosure Fees HOA: 0 Other Fees HOA: 180 Other Fees Description: 180/qtr- Operating Reserve Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 638

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Phone Call: 1

Lockbox Type

None: 1

Architecture

Contemporary: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Split: 1 Other Bedroom Downstairs: 1 Separate Bedroom Exit: 1 Master Bedroom Walk-in Closet: 1

Fireplace Features

Gas Fireplace: 1 Fire Pit: 1

Flooring

Concrete: 1

Window Features

Dual Pane: 1

Community Features

Gated: 1

Dining Area

Eat-in Kitchen: 1 Dining in LR/GR: 1

Heating

Electric: 1

Kitchen Features

Built-in Microwave: 1 Dishwasher: 1 Disposal: 1 Kitchen Island: 1 Multiple Ovens: 1 Non-laminate Counter: 1 Pantry: 1 Refrigerator: 1 Walk-in Pantry: 1 Wall Oven(s): 1 Electric Cooktop: 1

Cooling

HVAC SEER Rating: 18 Programmable Thmstat: 1 Central Air: 1

Interior Features

Skylight(s): 1 9+ Flat Ceilings: 1 Fire Sprinkler System: 1 No Interior Steps: 1

Laundry

Washer Hookup: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Exercise/Sauna Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Technology

Cable TV Avail: 1 High Speed Internet: 1 Smart Home: 1

Fencing

Block: 1 Wrought Iron: 1 Partial: 1

Water Source

Pvt Water Company: 1

Exterior Features

Built-in BBQ: 1 Covered Patio(s): 1 Patio: 1 Private Street(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 3 Garage Spaces: 3

Parking Features

Side Vehicle Entry: 1 Direct Access: 1 Garage Door Opener: 1

New Financing

Cash: 1 Conventional: 1

Energy/Green Feature

Multi-Zones: 1

Plumbing

Gas Hot Wtr – Tnklss: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Desert Front: 1 Desert Back: 1

Contact Info

List Agent Home Phn: 602-919-6511

Disclosures

Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

None: 1

Sold Info

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

Remarks Misc

Cross Street: Scottsdale Rd/Palo Verde Dr Directions: Scottsdale Rd/Palo Verde Dr Directions: East on Palo Verde Lane from Scottsdale Road, Property to the Right Geo Lat: 33.521901 Geo Lon: -111.918671

Status Change Info

Off Market Date: 2025-02-12 Under Contract Date: 2025-02-02 Close of Escrow Date: 2025-04-15 Sold Price: $4,500,000

Property Features

Special Listing Cond: N/A Architecture: Contemporary Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Gas Fireplace; Fire Pit Flooring: Concrete Window Features: Dual Pane Spa: None Community Features: Gated Dining Area: Eat-in Kitchen; Dining in LR/GR Kitchen Features: Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Non-laminate Counter; Kitchen Island Laundry: Washer Hookup; Inside Other Rooms: Exercise/Sauna Room Interior Features: Skylight(s); 9+ Flat Ceilings; Fire Sprinkler System; No Interior Steps Technology: Cable TV Avail; High Speed Internet; Smart Home Exterior Features: Built-in BBQ; Covered Patio(s); Patio; Private Street(s) Parking Features: Direct Access; Garage Door Opener; Side Vehicle Entry Construction: Wood Frame Const - Finish: Painted; Stone Roofing: Foam Cooling: Central Air; Programmable Thmstat Heating: Electric Plumbing: Gas Hot Wtr – Tnklss Utilities: APS; SW Gas Water Source: Pvt Water Company Sewer: Sewer - Public; Sewer-In & Connected Fencing: Wrought Iron; Block; Partial Landscaping: Desert Front; Desert Back Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Agency Discl Req
Listing Office: Compass
IDX
Last Updated: April - 22 - 2025
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