4912 E ARROYO VERDE Drive 8, Paradise Valley, AZ 85253

$3,475,000
Property Type: Land Lot Size (sq. ft.): 43,464 Status: Active
Current Price: $3,475,000 List Date: 2/12/2026 Last Modified: 2/19/2026

Description

Situated on a full 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.

More Information MLS# 6983596

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $3,475,000 List Price: $3,475,000 Status: Active List Date: 2026-02-12

Location, Tax & Legal

Lot #: 8 Assessor's Map #: 23 Legal Description (Abbrev): ARROYO VERDE Assessor's Parcel #: 15 Add'l Parcels: No Tax Municipality: Paradise Valley Census Tract: 105002 Taxes: 6603 House Number: 4912 Compass: E Street Name: ARROYO VERDE St Suffix: Drive City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 4138 County Code: Maricopa Assessor Number: 169-23-015 Subdivision: ARROYO VERDE Tax Year: 2025

General Property Description

Apx Total Acres: 1 Apx Total Acres G/N: N Price Per Acre: 3475000 Apx SqFt: 43464 Price Per SqFt: 79.95 Apx SqFt G/N: N Lot Size Dimensions: none Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Zoning: R-43

Legal Info

Range: 4E Section: 8 Township: 2N Lot Number: 8

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 3475000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1

Lockbox Type

Supra: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Parcel Size

.50 - .99 Acres: 1

Land Features

Cul-De-Sac: 1

View

Mountain(s): 1

Fencing

Block: 1

Water Source

Private: 1

Sewer

Sewer - Public: 1

Electric

APS: 1

Gas

SW Gas: 1

Irrigation

Sprinkler: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1 No Carry: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

On Property: 1

Distance to Sewer

On Property: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 602-740-5712

Remarks Misc

Directions: South on Tatum, left /east on Arroyo Verde to cul de sac Geo Lat: 33.528388 Geo Lon: -111.974619

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Parcel Size: .50 - .99 Acres Land Features: Cul-De-Sac View: Mountain(s) Water Source: Private Irrigation: Sprinkler Sewer: Sewer - Public Electric: APS Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable New Financing: Cash; Conventional; No Carry Environmental: None Showing Notification Methods: Text; Email Lockbox Type: Supra Fencing: Block
Listing Office: Compass
IDX
Last Updated: February - 19 - 2026
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