4912 E ARROYO VERDE Drive, Paradise Valley, AZ 85253

$3,475,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,915 Lot Size (sq. ft.): 43,464 Status: Active
Current Price: $3,475,000 Last Modified: 2/14/2026

Description

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.

Open Houses

Saturday, February 14, 1:00 pm - 3:00 pm

More Information MLS# 6983586

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $3,475,000 Status: Active Current Price: $3,475,000 List Date: 2026-02-12

Location, Tax & Legal

Assessor's Map #: 23 Legal Description (Abbrev): ARROYO VERDE Assessor's Parcel #: 15 Tax Municipality: Paradise Valley 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

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 1 Approx SQFT: 3915 Price/SqFt: 887.61 Approx Lot SqFt: 43464 Approx Lot Acres: 0.998 Horses: N Builder Name: Custom Lead Based Hazard Disclosure: Yes 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 Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 3 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 3 Year Built: 1972

Legal Info

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

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Foam: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1

Lockbox Type

Supra: 1

Master Bathroom

Full Bth Master Bdrm: 1 Double Vanity: 1

Fireplace Features

Gas Fireplace: 1

Private Pool Features

Outdoor: 1

Dining Area

Formal: 1

Heating

Electric: 1 Natural Gas: 1

Kitchen Features

Dishwasher: 1 Built-in Microwave: 1 Granite Counters: 1

Cooling

Central Air: 1 Heat Pump: 1

Laundry

Washer Hookup: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Great Room: 1 Bonus/Game Room: 1 Separate Workshop: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Balcony: 1 Open Deck: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 4 Total Covered Spaces: 3 Garage Spaces: 3

Parking Features

Circular Driveway: 1

Irrigation

Sprinkler: 1

New Financing

Cash: 1 Conventional: 1

Utilities

APS: 1 Natural Gas Connected: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Cul-De-Sac Lot: 1

Landscaping

Gravel/Stone Back: 1 Desert Front: 1

Services

Other (See Remarks): 1

Items Updated

Roof Yr Updated: 2016 Roof Partial/Full: Partial

Contact Info

List Agent Home Phn: 602-740-5712

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Tatum and Lincoln Directions: South on Tatum, left on Arroyo verde. Geo Lat: 33.528388 Geo Lon: -111.974619

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Double Vanity Fireplace Features: Gas Fireplace Private Pool Features: Outdoor Spa: None Dining Area: Formal Kitchen Features: Dishwasher; Built-in Microwave; Granite Counters Laundry: Washer Hookup Other Rooms: Family Room; Great Room; Bonus/Game Room; Separate Workshop Exterior Features: Balcony; Open Deck Parking Features: Circular Driveway Construction: Wood Frame Const - Finish: Stucco Roofing: Foam Cooling: Central Air; Heat Pump Heating: Electric; Natural Gas Utilities: APS; Natural Gas Connected Water Source: City Water Irrigation: Sprinkler Sewer: Sewer - Public Services: Other (See Remarks) Fencing: Block Property Description: Cul-De-Sac Lot Landscaping: Gravel/Stone Back; Desert Front Showing Notification Methods: Text; Email Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Compass
IDX
Last Updated: February - 14 - 2026
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