5241 E Palo Verde Drive, Paradise Valley, AZ 85253

$10,361,000

Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 8,542 Lot Size (sq. ft.): 53,239 Status: Closed

Current Price: $10,361,000 List Date: 2/27/2025 Last Modified: 4/22/2025

Description

Perched at the base of Camelback Mountain, this extraordinary luxury estate offers breathtaking views and an unbeatable location. The main residence spans two levels, featuring a sophisticated living room and a gourmet kitchen designed for both functionality and style. The lower level boasts four spacious bedrooms, including a stunning primary suite, plus a private theater room for ultimate relaxation. A serene courtyard with a sparkling pool provides a picturesque retreat framed by mountain vistas. An additional building offers a refined entertaining space with a caterer's kitchen and a private guest suite. With its dramatic stone facade and exceptional design, this home is a true statement of luxury.

More Information MLS# 6824421

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Sold Price: $10,361,000 Status: Closed Current Price: $10,361,000 List Date: 2025-02-21

Location, Tax & Legal

Assessor's Map #: 47 Assessor's Parcel #: 17 Tax Municipality: Paradise Valley Taxes: 21581 House Number: 5241 Compass: E Street Name: Palo Verde St Suffix: Drive City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 County Code: Maricopa Assessor Number: 172-47-017 Subdivision: Stone Canyon Tax Year: 2024

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Approx SQFT: 8542 Price/SqFt: 1212.94 Approx Lot SqFt: 53239 Approx Lot Acres: 1.222 Horses: N Builder Name: Tiara Sun 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: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 3 Marketing Name: Stone Canyon Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 5 Total Bathrooms: 7 Year Built: 2015

Legal Info

Range: 2N-4E-17 Section: 47 Township: 172 Block: 017 Lot Number: 17

Special Listing Cond

N/A: 1

Construction

Block: 1 Wood Frame: 1 Steel Frame: 1

Const - Finish

Stucco: 1 Stone: 1

Roofing

Tile: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

None: 1

Architect

Architect: David Dick

Master Bathroom

Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Downstairs: 1

Additional Bedroom

Other Bedroom Downstairs: 1 Master Bedroom Walk-in Closet: 1

Add'l Property Use

None: 1

Fireplace Features

Fireplace Family Rm: 1 Fireplace Living Rm: 1 Fireplace Master Bdr: 1 Gas Fireplace: 1 Exterior Fireplace: 1

Flooring

Stone: 1 Tile: 1 Wood: 1

Window Features

Dual Pane: 1 Mechanical Sun Shds: 1

Private Pool Features

Heated: 1

Dining Area

Formal: 1 Breakfast Bar: 1 Breakfast Room: 1 Dining in LR/GR: 1

Heating

Ceiling: 1 Natural Gas: 1

View

City Lights: 1 Mountain(s): 1

Kitchen Features

Dishwasher: 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Built-in Microwave: 1 Multiple Ovens: 1 Refrigerator: 1 Reverse Osmosis: 1 Walk-in Pantry: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Programmable Thmstat: 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1 9+ Flat Ceilings: 1 Fire Sprinkler System: 1 Elevator: 1 Water Softener Owned: 1 Water Purifier: 1

Laundry

Washer Included: 1 Dryer Included: 1 Engy Star (See Rmks): 1 Stacked Washer/Dryer: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Guest Qtrs-Sep Entrn: 1 Media Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Technology

Cable TV Avail: 1 High Speed Internet: 1 Smart Home: 1 Security System Owned: 1

Fencing

Wrought Iron: 1

Water Source

City Water: 1

Exterior Features

Separate Guest House: 1 Built-in BBQ: 1 Covered Patio(s): 1 Patio: 1 Pvt Yrd(s)/Crtyrd(s): 1

Spa

Private: 1 Heated: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 4 Total Covered Spaces: 4 Garage Spaces: 4

Parking Features

Attch'd Gar Cabinets: 1 Detached: 1 Direct Access: 1 Garage Door Opener: 1 Gated: 1

New Financing

Cash: 1 Conventional: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Conventional: 1

Property Description

North/South Exposure: 1 Adjacent to Wash: 1

Landscaping

Desert Front: 1 Natural Desert Back: 1 Yrd Wtring Sys Front: 1

Services

City Services: 1

Unit Style

Two Levels: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 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: E. McDonald Drive & E Palo Verde Directions: From Scottsdale Rd take E. McDonald Drive to E Palo Verde and turn left. House on right side. Geo Lat: 33.522214 Geo Lon: -111.96824

Status Change Info

Off Market Date: 2025-03-09 Under Contract Date: 2025-02-26 Close of Escrow Date: 2025-04-21 Sold Price: $10,361,000

Property Features

Special Listing Cond: N/A Add'l Property Use: None View: City Lights; Mountain(s) Master Bathroom: Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Downstairs Additional Bedroom: Other Bedroom Downstairs; Master Bedroom Walk-in Closet Fireplace Features: Fireplace Family Rm; Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace; Exterior Fireplace Flooring: Stone; Tile; Wood Window Features: Dual Pane; Mechanical Sun Shds Private Pool Features: Heated Spa: Private; Heated Dining Area: Formal; Breakfast Bar; Dining in LR/GR; Breakfast Room Kitchen Features: Gas Oven; Gas Range; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Multiple Ovens; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Engy Star (See Rmks); Stacked Washer/Dryer; Inside Other Rooms: Guest Qtrs-Sep Entrn; Media Room Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Fire Sprinkler System; Elevator; Water Softener Owned; Water Purifier Technology: Cable TV Avail; High Speed Internet; Security System Owned; Smart Home Exterior Features: Built-in BBQ; Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s); Separate Guest House Parking Features: Attch'd Gar Cabinets; Detached; Direct Access; Garage Door Opener; Gated Construction: Block; Wood Frame; Steel Frame Const - Finish: Stucco; Stone Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Ceiling; Natural Gas Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron Property Description: North/South Exposure; Adjacent to Wash Landscaping: Desert Front; Natural Desert Back; Yrd Wtring Sys Front Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: Two Levels Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: Seller Discl Avail

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: April - 22 - 2025