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5241 E Palo Verde Drive, Paradise Valley, AZ 85253

$10,361,000

Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 8,542 Lot Size (sq. ft.): 53,239 Status: Closed

Current Price: $10,361,000 List Date: 2/27/2025 Last Modified: 3/31/2026

Overview

Description

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.

Listing Details MLS# 6824421

Location, Tax & Legal

House Number: 5241
Compass: E
Street Name: Palo Verde
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Country: US
County Code: Maricopa
Assessor Number: 172-47-017
Subdivision: Stone Canyon
Tax Year: 2024

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 5
Total Bathrooms: 7
Approx SQFT: 8542
Price/SqFt: 1212.94
Horses: N
Builder Name: Tiara Sun
Year Built: 2015
Approx Lot SqFt: 53239
Approx Lot Acres: 1.222
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 3
Marketing Name: Stone Canyon
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School

Remarks Misc

Cross Street: E. McDonald Drive & E Palo Verde
Directions: From Scottsdale Rd take E. McDonald Drive to E Palo Verde and turn left. House on right side.

Status Change Info

Off Market Date: 2025-03-09
Under Contract Date: 2025-02-26
Close of Escrow Date: 2025-04-21

Legal Info

Township: 172
Range: 2N-4E-17
Section: 47
Block: 017
Lot Number: 17

More Information

Architect

Architect: David Dick

Basement

Basement Y/N: N

Parking Spaces

Garage Spaces: 4
Slab Parking Spaces: 4
Total Covered Spaces: 4

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %

Property Features

Special Listing Cond: N/A Add'l Property Use: None View: City Lights; Mountain(s) Master Bathroom: Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Downstairs Additional Bedroom: Other Bedroom Downstairs; Master Bedroom Walk-in Closet Fireplace Features: Fireplace Family Rm; Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace; Exterior Fireplace Flooring: Stone; Tile; Wood Window Features: Dual Pane; Mechanical Sun Shds Private Pool Features: Heated Spa: Private; Heated Dining Area: Formal; Breakfast Bar; Dining in LR/GR; Breakfast Room Kitchen Features: Gas Oven; Gas Range; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Multiple Ovens; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Engy Star (See Rmks); Stacked Washer/Dryer; Inside Other Rooms: Guest Qtrs-Sep Entrn; Media Room Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Fire Sprinkler System; Elevator; Water Softener Owned; Water Purifier Technology: Cable TV Avail; High Speed Internet; Security System Owned; Smart Home Exterior Features: Built-in BBQ; Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s); Separate Guest House Parking Features: Attch'd Gar Cabinets; Detached; Direct Access; Garage Door Opener; Gated Construction: Block; Wood Frame; Steel Frame Const - Finish: Stucco; Stone Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Ceiling; Natural Gas Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron Property Description: North/South Exposure; Adjacent to Wash Landscaping: Desert Front; Natural Desert Back; Yrd Wtring Sys Front Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: Two Levels Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: Seller Discl Avail

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: March - 31 - 2026