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Sold for $12,940,000
  • $12,940,000

    5029 E DESERT PARK Lane, Paradise Valley, AZ 85253

    6beds
    8,403sqft
    Single Family Residence
    Built in 2023
    1.07 Acres Lot
    $12,975,900 Zestimate®
    $1,540/sqft
    $60,490 Estimated rent

    Home value

    $12,975,900

    $11.94M - $14.14M

    $60,490/mo

    Zestimate® history
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    What's special

    Diving pool and spaCharming outdoor fireplacePickleball courtWolf induction steam ovenWolf double ovensConvection ovenPrep sink
    Set just north of Paradise Valley Country Club, Desert Park is a 2023 new build, move-in ready estate offering sweeping 180 degree views of Camelback, Mummy Mountain and Phoenix Mountain Preserve. Conceived by Candelaria Design, constructed with all steel framing by Arcadia Custom Builders, and finished with interiors by Katie Bowe Designs, the home reflects a rare level of craftsmanship and thoughtful collaboration. Lush grounds by Berghoff create a seamless connection between architecture and landscape. With iconic Camelback and Mummy Mtn. as your backdrop, the setting sun casts warm light across the landscape, creating a stunning contrast to the lush, green, flower-filled backyard. As you pull up to the home you will be impressed by the tall stately steel windows that open to a grand foyer. The main residence offers five bedroom en-suites, two powder baths, all designed with comfort and privacy in mind. Every room engages with the outdoors! At the heart of the home, is an atrium style dining room with soaring glass and stunning mountain views. A striking dual kitchen concept showcases Taj Mahal stone countertops with refined oak cabinetry, along with an additional gourmet prep area that includes a long center island, a full size Sub-zero freezer, a dishwasher, a prep sink, Wolf induction steam oven, convection oven, and Wolf double ovens. Adjacent to this room, is an oversized pantry and a commercial walk-in cooler. A standout laundry room elevates everyday living with an island workspace, perfect as a wrapping station or craft counter, double stacking washers and dryers, built-in desk, and custom storage lockers. The south-facing backyard is an entertainer's dream, featuring a diving pool and spa, expansive covered patios, manicured gardens, a second level view deck, a charming outdoor fireplace and Pickleball Court. A thoughtfully designed garden corridor offers a dedicated space ideal for flowers, herbs, or a seasonal kitchen garden, adding both beauty and functionality to the grounds. A detached casita adds flexibility with its own kitchenette and living room, laundry, and spacious bedroom, perfect for guests, fitness, or a private studio. Dramatic 10ft telescoping steel doors open to the pool and entertaining area. The main gated entry of the home leads to two separate garages including a three bay garage with dog wash and a temperature controlled two bay garage. Both garages feature ceiling heights designed to accommodate car lifts, catering to the most discerning automotive enthusiast. This is truly a rare offering - an extraordinary, one of a kind estate that must be experienced to be believed! Furnishings can be negotiable.

    Zillow last checked:

    Listing updated:

    Listed by:

    Babbi L Gabel 602-741-7750,

    RETSY,

    Angela Phillips 602-708-4050,

    RETSY

    Bought with:

    Babbi L Gabel, SA028866000

    RETSY

    Source: ARMLS,MLS#: 6978434MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Central Air, Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Built In Recycling, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Induction Cooktop, Gas Range, Gas Oven, Gas Cooktop, Water Purifier
    • Laundry: Inside, Engy Star (See Rmks)
    Features
    • Pantry, Non-laminate Counter, High Speed Internet, Smart Home, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Stone, Wood
    • Windows: Solar Screens, Double Pane Windows, Mechanical Sun Shds, Tinted Windows
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Exterior Fireplace, Family Room, Gas
    Interior area
    • Total structure area: 8,403
    • Total interior livable area: 8,403 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Gated, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Over Height Garage, Temp Controlled
    • Garage spaces: 5
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: Zero-Grade Entry, Bath Roll-In Shower
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Pickleball Court(s), Balcony, Private Street(s), Private Yard, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Variable Speed Pump, Outdoor Pool, Diving Pool, Fenced, Heated, Lap
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Block
    • Has view: Yes
    • View description: Panoramic, Mountain(s)
    Lot
    • Size: 1.07 Acres
    • Features: North/South Exposure, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Additional structures: Guest House
    • Parcel number: 16907054

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other,Contemporary,Santa Barbara/Tuscan
    • Property subtype: Single Family Residence
    Materials
    • Synthetic Stucco, Steel Frame, Low VOC Paint, Painted, Stone
    • Roof: Tile
    Condition
    • Year built: 2023
    Details
    • Builder name: Arcadia Custom Builders

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Pvt Water Company
    Green energy
    • Water conservation: Tankless Ht Wtr Heat

    Community & HOA

    Community
    • Features: Golf, Pickleball, Biking/Walking Path
    • Security: Security System Owned
    • Subdivision: FRANCISCAN TERRACE
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Price per square foot: $1,540/sqft
    • Tax assessed value: $7,167,300
    • Annual tax amount: $21,855
    • Date on market: 3/31/2026
    • Cumulative days on market: 45 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/15/2026Sold$12,940,000-13.2%$1,540/sqft
    Source: ARMLS #6978434 Report a problem
    3/19/2026Pending sale$14,900,000$1,773/sqft
    Source: ARMLS #6978434 Report a problem
    2/2/2026Listed for sale$14,900,000+16.4%$1,773/sqft
    Source: ARMLS #6978434 Report a problem
    7/9/2025Listing removed$12,800,000+4.1%$1,523/sqft
    Source: ARMLS #6461457 Report a problem
    12/13/2023Listing removed--
    Source: ARMLS #6461457 Report a problem
    4/18/2023Sold$12,300,000-3.9%$1,464/sqft
    Source: ARMLS #6536383 Report a problem
    4/15/2023Pending sale$12,800,000$1,523/sqft
    Source: ARMLS #6536383 Report a problem
    3/28/2023Listed for sale$12,800,000$1,523/sqft
    Source: ARMLS #6536383 Report a problem
    3/24/2023Listing removed$12,800,000$1,523/sqft
    Source: ARMLS #6461457 Report a problem
    3/14/2023Pending sale$12,800,000$1,523/sqft
    Source: ARMLS #6461457 Report a problem
    3/11/2023Listed for sale$12,800,000+16.4%$1,523/sqft
    Source: ARMLS #6461457 Report a problem
    2/1/2023Sold$11,000,000-2.2%$1,309/sqft
    Source: Public Record Report a problem
    12/16/2022Pending sale$11,250,000$1,339/sqft
    Source: ARMLS #6295271 Report a problem
    12/16/2022Price change$11,250,000-12.1%$1,339/sqft
    Source: ARMLS #6295271 Report a problem
    9/9/2022Price change$12,800,000+13.8%$1,523/sqft
    Source: ARMLS #6461457 Report a problem
    1/13/2022Pending sale$11,250,000$1,339/sqft
    Source: ARMLS #6295271 Report a problem
    12/27/2021Contingent$11,250,000$1,339/sqft
    Source: ARMLS #6295271 Report a problem
    12/27/2021Price change$11,250,000+13.1%$1,339/sqft
    Source: ARMLS #6295271 Report a problem
    10/17/2021Listed for sale$9,950,000+110455.6%$1,184/sqft
    Source: ARMLS #6295271 Report a problem
    6/4/2019Sold$9,000-99.4%$1/sqft
    Source: ARMLS #5917432 Report a problem
    6/1/2019Listing removed$8,000$1/sqft
    Source: Launch Real Estate #5917432 Report a problem
    4/27/2019Listed for rent$8,000$1/sqft
    Source: Launch Real Estate #5917432 Report a problem
    9/28/2018Sold$1,575,000-6.7%$187/sqft
    Source: HomeSmart Intl Solds #5767711_85253 Report a problem
    8/17/2018Listed for sale$1,689,000$201/sqft
    Source: HomeSmart #5767711 Report a problem
    7/9/2018Listing removed$1,689,000$201/sqft
    Source: HomeSmart #5767711 Report a problem
    5/18/2018Listed for sale$1,689,000+41.3%$201/sqft
    Source: HomeSmart #5767711 Report a problem
    6/2/2016Sold$1,195,000-4.4%$142/sqft
    Source: Public Record Report a problem
    5/3/2016Pending sale$1,250,000$149/sqft
    Source: Walt Danley Realty #5309875 Report a problem
    3/23/2016Listed for sale$1,250,000$149/sqft
    Source: Walt Danley Realty #5309875 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,678 +4.6%$716,730 +8%
    2024$20,723 +58.1%$663,660 +221.2%
    2023$13,105 +139.5%$206,636 +33.7%
    2022$5,471 -29.9%$154,515 +30.7%
    2021$7,803 +3.6%$118,180 -2.9%
    2020$7,534 +13.2%$121,720 +3.9%
    2019$6,654 $117,130 +9.9%
    2018$6,654 +4.5%$106,570 +18.5%
    2017$6,369 +5.2%$89,910 +0.1%
    2016$6,052 +4%$89,830
    2015$5,820 $89,830 +12.6%
    2014-- $79,810 +4.9%
    2013-- $76,110
    2012-- $76,110 -10.4%
    2011-- $84,910 -32.5%
    2010-- $125,870 +5.3%
    2009-- $119,500 -0.3%
    2008-- $119,900 +25%
    2007-- $95,900 +49.6%
    2006-- $64,100
    2005-- $64,100 -3.2%
    2004-- $66,250
    2003-- $66,250 +18.6%
    2002-- $55,850
    Find assessor info on the county website

    Neighborhood: 85253

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kiva Elementary School
    • Middle: Mohave Middle School
    • High: Saguaro High School
    • District: Scottsdale Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $12,975,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $12,975,900