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
Last Updated: August - 20 - 2025
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