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Sold for $4,500,000
  • $4,500,000

    7501 E PALO VERDE Drive #8, Scottsdale, AZ 85250

    4beds
    5baths
    4,415sqft
    Single Family Residence
    Built in 2024
    0.49 Acres Lot
    $4,489,500 Zestimate®
    $1,019/sqft
    $7,696 Estimated rent

    Home value

    $4,489,500

    $4.09M - $4.94M

    $7,696/mo

    Zestimate® history
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    $27,559/mo

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    What's special

    Openness of glassWarmth of woodSpacious ensuite bedroomsPermanence of masonry
    Nestled just north of downtown Scottsdale, Palo Verde Lane is a unique desert modern community that blends architecture with the natural beauty of the desert. This final home sits on a nearly 0.5 acre lot, featuring a 3-car garage, 3 spacious ensuite bedrooms, an office, and a gym. Its design combines the warmth of wood, the permanence of masonry, and the openness of glass, offering both privacy and connection to nature. Just steps from upscale dining and shopping, the home honors its desert heritage and fosters neighborliness, making it a rare opportunity to own in this coveted community.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher V Karas 602-919-6511,

    Compass

    Bought with:

    Christopher V Karas, SA555869000

    Compass

    Source: ARMLS,MLS#: 6758018MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    Heating
    • Electric
    Cooling
    • Central Air, Programmable Thmstat
    Appliances
    • Included: Electric Cooktop
    Features
    • High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Concrete
    • Windows: Skylight(s), Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Fire Pit, Gas
    Interior area
    • Total structure area: 4,415
    • Total interior livable area: 4,415 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, Direct Access, Side Vehicle Entry
    • Garage spaces: 3
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Street(s), Built-in Barbecue
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Partial,Wrought Iron
    Lot
    • Size: 0.49 Acres
    • Features: Desert Back, Desert Front
    Details
    • Parcel number: 17304056

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Painted, Stone
    • Roof: Foam
    Condition
    • Year built: 2024
    Details
    • Builder name: ROEDER

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Pvt Water Company
    Green energy
    • Energy efficient items: Multi-Zones

    Community & HOA

    Community
    • Features: Gated, Community Pool
    • Security: Fire Sprinkler System
    • Subdivision: PALO VERDE LANE
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $1,914 quarterly
    • HOA name: Palo Verde Lane
    Location
    • Region: Scottsdale

    Financial & listing details

    • Price per square foot: $1,019/sqft
    • Tax assessed value: $2,399,100
    • Annual tax amount: $2,858
    • Date on market: 6/30/2025
    • Cumulative days on market: 149 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/15/2025Sold$4,500,000-1.3%$1,019/sqft
    Source: ARMLS #6758018 Report a problem
    2/12/2025Pending sale$4,559,000$1,033/sqft
    Source: ARMLS #6758018 Report a problem
    10/4/2024Price change$4,559,000+2%$1,033/sqft
    Source: ARMLS #6758018 Report a problem
    9/16/2024Listed for sale$4,469,000+2.3%$1,012/sqft
    Source: ARMLS #6758018 Report a problem
    6/1/2024Listing removed$4,369,000$990/sqft
    Source: ARMLS #6655222 Report a problem
    3/30/2024Price change$4,369,000+1.6%$990/sqft
    Source: ARMLS #6655222 Report a problem
    2/24/2024Listed for sale$4,300,000$974/sqft
    Source: ARMLS #6655222 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,316 +192.6%$239,910 +75.6%
    2024$2,842 +1.1%$136,650 +256.1%
    2023$2,810 +3.5%$38,371 -37.2%
    2022$2,714 -4.9%$61,140 +6.9%
    2021$2,853 +3.5%$57,180 +13.7%
    2020$2,757 +41.3%$50,310 -2.8%
    2019$1,951 $51,750
    Find assessor info on the county website

    Neighborhood: 85250

    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
    $4,489,500
    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
    $4,489,500