This Home Has Been Sold
Sold for $3,400,000 on March 19, 2026
Paradise Valley, AZ 85253
$3,475,000
Last sold: $3,400,000 on March 19, 2026
4
Bedrooms
3
Bathrooms
3,915
Square Feet
3
Garage Spaces
1 acre
Lot Size
43,464
Lot Sq Ft
$6,603
Taxes (2025)
Situated on a near 1-acre cul-de-sac lot near Resort Row, with striking Camelback Mountain and Echo views, this flat, non-hillside, sewer-connected parcel offers exceptional flexibility in one of Paradise Valley's most desirable central locations . The existing residence is structurally solid and fully livable, having operated successfully as a rental for the past five years. It provides immediate usability and income potential. This creates a rare opportunity for a buyer to occupy, renovate thoughtfully over time, or land bank while collecting rental income in a premier redevelopment corridor. Surrounded by active and recently completed $10M+ estate construction, the location strongly supports a custom luxury build, high-end remodel, or strategic Hold.
Paradise Valley schools consistently rank well. Zoned schools depend on exact address.
Primary District: Scottsdale Unified School District (SUSD)
Paradise Valley is primarily served by the Scottsdale Unified School District. Specific school zones depend on your exact address. Arizona open enrollment also allows families to apply to schools outside their zoned area.
8801 N 56th St, Paradise Valley
Located within Paradise Valley
6911 E McDonald Dr, Paradise Valley
Located within Paradise Valley
8490 E Jackrabbit Rd, Scottsdale
5402 E Osborn Rd, Phoenix
6935 E Gold Dust Ave, Scottsdale
96% graduation rate
6250 N 82nd St, Scottsdale
94% graduation rate
Public & charter ratings from GreatSchools. Private school letter grades from Niche. Enrollment zones vary by address.
See this property with a Paradise Valley agent.
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Paradise Valley schools consistently rank well. Zoned schools depend on exact address.
Primary District: Scottsdale Unified School District (SUSD)
Paradise Valley is primarily served by the Scottsdale Unified School District. Specific school zones depend on your exact address. Arizona open enrollment also allows families to apply to schools outside their zoned area.
8801 N 56th St, Paradise Valley
Located within Paradise Valley
6911 E McDonald Dr, Paradise Valley
Located within Paradise Valley
8490 E Jackrabbit Rd, Scottsdale
5402 E Osborn Rd, Phoenix
6935 E Gold Dust Ave, Scottsdale
96% graduation rate
6250 N 82nd St, Scottsdale
94% graduation rate
Public & charter ratings from GreatSchools. Private school letter grades from Niche. Enrollment zones vary by address.
Get a rough cost to build your custom home on this lot
Property
4912 E Arroyo Verde Drive
Paradise Valley, AZ 85253
Lot Size
43,464 sq ft
1 acre
Listing Price
$3,475,000
sq ft · Max: 10,866 sq ft (Lot 43,464 sq ft × 25% FAR)
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Most PV Zoning: Floor Area Ratio (FAR) is the maximum amount of building area allowed on a lot, expressed as a percentage of the lot's size. Paradise Valley's FAR is broader than what many think of as “living area” — it generally includes the roofed footprint of the first floor, any second story, garages, covered patios, roof overhangs, accessory structures, and certain courtyard and trellis areas. Although FAR sets the maximum floor area, the actual size and design of a home may be further limited by setbacks, height restrictions, open space requirements, grading, drainage, hillside regulations, easements, washes, and other Town development standards. A fully subterranean basement generally does not count toward FAR. This tool is intended for estimate purposes only.
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