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Sold for $2,500,000
  • $2,500,000

    5539 E ARROYO VERDE Drive, Paradise Valley, AZ 85253

    3beds
    2,502sqft
    Condominium
    Built in 2018
    -- sqft lot
    $2,496,100 Zestimate®
    $999/sqft
    $4,915 Estimated rent

    Home value

    $2,496,100

    $2.27M - $2.72M

    $4,915/mo

    Zestimate® history
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    What's special

    Two sparkling poolsSingle-level villaFantastic camelback viewsIconic camelback mountain viewsGenerous islandFully customized boutique-style closetOversized walk-in shower
    Rare single-level villa within the exclusive, 24-hour guard-gated Mountain Shadows Flats—where refined design meets iconic Camelback Mountain views and resort amenities. This turnkey 3 bed, 3 bath residence delivers a curated blend of sophistication and effortless indoor-outdoor living, framed by soaring 10' ceilings, warm wood floors, and 9' stackable glass walls that open to a private covered patio with fireplace. One of the community's most coveted orientations, the home enjoys fantastic Camelback views thanks to single-story neighbors behind—an amenity few can claim. The chef's kitchen is a true showpiece, appointed with a 48'' Sub-Zero refrigerator/freezer, Sub-Zero wine tower, 6-burner + griddle Wolf gas range, quartz countertops, and a generous island. The open great room and The open great room and dining space create an atmosphere of effortless luxury, ideal for both intimate evenings and elevated entertaining. The primary suite is a sanctuary, offering patio access, dramatic mountain views, and a spa-worthy bath featuring a floating double vanity with underlighting, deep soaking tub, oversized walk-in shower, and a fully customized boutique-style closet. Two additional designer-appointed bedrooms provide comfort and flexibility for guests. Offered fully furnished via separate bill of sale for the ultimate move-in-ready experience. Residents enjoy privileged access to the award-winning Mountain Shadows Resort: two sparkling pools, a 4,500 sq ft fitness center with yoga and Pilates, world-class dining, golf, and exclusive discounts on accommodations and amenities. With an epoxy-finished garage, tankless water heater, and a coveted Paradise Valley address just minutes from Scottsdale's finest shopping and dining, this home delivers a level of luxury and convenience that is simply unparalleled.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kirsten Brown 602-526-0711,

    R.O.I. Properties

    Bought with:

    Julia Kinkead, SA533241000

    HomeSmart

    Source: ARMLS,MLS#: 6952384MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Cooling
    • HVAC SEER Rating, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
    • Laundry: Inside, Engy Star (See Rmks)
    Features
    • Non-laminate Counter, Quartz Countertops, High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Stone, Wood
    • Windows: Low Emissivity Windows, Double Pane Windows, ENERGY STAR Qualified Windows, Mechanical Sun Shds
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Exterior Fireplace, Living Room, Gas
    • Furnished: Yes
    • Common walls with other units/homes: 1 Common Wall,Neighbor Above
    Interior area
    • Total structure area: 2,502
    • Total interior livable area: 2,502 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Private Street(s), Private Yard
    • Spa features: None
    • Fencing: Other,Block
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 2,435 Square Feet
    • Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Parcel number: 16930209

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Spray Foam Insulation, Synthetic Stucco, Stucco
    • Roof: Foam
    Condition
    • Year built: 2018
    Details
    • Builder name: The New Home Company

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Water conservation: Tankless Ht Wtr Heat, Recirculation Pump

    Community & HOA

    Community
    • Features: Pool, Golf, Gated, Community Spa Htd, Guarded Entry, Biking/Walking Path, Fitness Center
    • Security: Fire Sprinkler System, Security Guard
    • Subdivision: VILLAS AT MOUNTAIN SHADOWS
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Other (See Remarks), Street Maint, Trash, Roof Replacement, Maintenance Exterior
    • HOA fee: $819 monthly
    • HOA name: Mtn Shadows HOA
    • HOA phone: 602-288-2658
    • Second HOA fee: $233 monthly
    • Second HOA name: Master Association
    • Second HOA phone: 602-288-2658
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Price per square foot: $999/sqft
    • Tax assessed value: $1,845,300
    • Annual tax amount: $6,111
    • Date on market: 11/29/2025
    • Cumulative days on market: 33 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/31/2025Sold$2,500,000-7.4%$999/sqft
    Source: ARMLS #6952384 Report a problem
    11/29/2025Listed for sale$2,700,000+11.3%$1,079/sqft
    Source: ARMLS #6952384 Report a problem
    3/25/2022Sold$2,425,000$969/sqft
    Source: ARMLS #6353558 Report a problem
    2/9/2022Listed for sale$2,425,000+24.4%$969/sqft
    Source: ARMLS #6353558 Report a problem
    3/16/2021Sold$1,950,000+13%$779/sqft
    Source: Public Record Report a problem
    1/22/2019Sold$1,725,893$690/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,190 +5.1%$184,530 -11.4%
    2024$5,891 -14.8%$208,270 +75.7%
    2023$6,916 +1.7%$118,512 -16.2%
    2022$6,802 -12.1%$141,410 +3.2%
    2021$7,738 +141.9%$137,020 -6.3%
    2020$3,199 +668.8%$146,250 +153%
    2019$416 $57,800 +618.9%
    2018$416 -45.7%$8,040 -47.2%
    2017$767 $15,237
    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
    $2,496,100
    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
    $2,496,100