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Sold for $10,361,000
  • $10,361,000

    5241 E Palo Verde Drive, Paradise Valley, AZ 85253

    5beds
    7baths
    8,542sqft
    Single Family Residence
    Built in 2015
    1.22 Acres Lot
    $10,219,400 Zestimate®
    $1,213/sqft
    $5,013 Estimated rent

    Home value

    $10,219,400

    $9.30M - $11.24M

    $5,013/mo

    Zestimate® history
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    What's special

    Sparkling poolBase of camelback mountainBreathtaking viewsSerene courtyardStunning primary suiteMountain vistasPrivate guest suite
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Thomas 201-707-0543,

    Russ Lyon Sotheby's International Realty,

    Shawna Perkins 480-795-0128,

    Russ Lyon Sotheby's International Realty

    Bought with:

    Tim Hundelt, SA553679000

    Russ Lyon Sotheby's International Realty

    Source: ARMLS,MLS#: 6824421MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    Heating
    • Natural Gas, Ceiling
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Washer/Dryer Stacked, Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas Oven, Water Purifier
    • Laundry: Inside
    Features
    • Pantry, High Speed Internet, Smart Home, Granite Counters, Double Vanity, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Elevator, Vaulted Ceiling(s), Kitchen Island, Separate Shwr & Tub
    • Flooring: Stone, Tile, Wood
    • Windows: Double Pane Windows, Mechanical Sun Shds
    • Has basement: No
    • Number of fireplaces: 3
    • Fireplace features: Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
    Interior area
    • Total structure area: 8,542
    • Total interior livable area: 8,542 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Gated, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Detached
    • Garage spaces: 4
    • Uncovered spaces: 4
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Private Yard, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Heated
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    • Waterfront features: Wash
    Lot
    • Size: 1.22 Acres
    • Features: North/South Exposure, Sprinklers In Front, Desert Front, Natural Desert Back
    Details
    • Additional structures: Guest House
    • Parcel number: 17247017

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Steel Frame, Wood Frame, Stone, Block
    • Roof: Tile
    Condition
    • Year built: 2015
    Details
    • Builder name: Tiara Sun

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Security System Owned
    • Subdivision: Stone Canyon
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Price per square foot: $1,213/sqft
    • Tax assessed value: $6,848,800
    • Annual tax amount: $21,581
    • Date on market: 2/27/2025
    • Cumulative days on market: 10 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/21/2025Sold$10,361,000+5.7%$1,213/sqft
    Source: ARMLS #6824421 Report a problem
    3/9/2025Pending sale$9,800,000$1,147/sqft
    Source: ARMLS #6824421 Report a problem
    2/27/2025Listed for sale$9,800,000+1189.5%$1,147/sqft
    Source: ARMLS #6824421 Report a problem
    1/9/2012Sold$760,000-4.8%$89/sqft
    Source: ARMLS #4667105 Report a problem
    10/27/2011Listed for sale$798,000-67.4%$93/sqft
    Source: HomeSmart #4667105 Report a problem
    5/22/2008Listing removed$2,450,000$287/sqft
    Source: TourFactory #2951193 Report a problem
    4/3/2008Listed for sale$2,450,000$287/sqft
    Source: RE/Max Classic of Falmouth Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,415 +4.7%$684,880 +1%
    2024$21,401 +1.4%$678,180 +98.2%
    2023$21,104 +3.5%$342,227 -15.4%
    2022$20,384 -5.5%$404,680 +3.5%
    2021$21,564 +3.7%$391,000 -5.9%
    2020$20,798 +4%$415,680 -0.1%
    2019$20,004 $416,160 +13.2%
    2018$20,004 +4.2%$367,620 +8%
    2017$19,194 +291.6%$340,500 +39.2%
    2016$4,901 +3.6%$244,670 +230.5%
    2015$4,730 $74,020 +25.9%
    2014-- $58,800 -8.4%
    2013-- $64,160
    2012-- $64,160 -20.4%
    2011-- $80,570 -25%
    2010-- $107,470 +2%
    2009-- $105,330 -0.1%
    2008-- $105,400 +25%
    2007-- $84,350 +32.5%
    2006-- $63,650
    2005-- $63,650 +6.6%
    2004-- $59,700
    2003-- $59,700 +42.8%
    2002-- $41,800
    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
    $10,219,400
    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
    $10,219,400