4912 E Arroyo Verde Drive, Paradise Valley, AZ 85253
- $3,400,000
- 4
- BD
- 3
- BA
- 3,915
- SqFt
- Sold Price
- $3,400,000
- List Price
- $3,475,000
- Status
- CLOSED
- Days on Market
- 37
- Closing Date
- Mar 20, 2026
- MLS#
- 6983586
- Subtype
- Residential
- Year Built
- 1972
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 3,915
- Lot Size
- 43,464
- Acres
- 1
- Subdivision
- Arroyo Verde
Property 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.
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Additional Information
- Interior Features
- Full Bth Master Bdrm, Double Vanity, Granite Counters
- Exterior Features
- Balcony
- Taxes
- $6,603
- Heating
- Electric, Natural Gas
- Air Conditioning
- Central Air, Heat Pump
- Exterior Construction
- Wood Frame, Stucco
- Stories
- 1
- Pool
- Yes
- Parking Features
- Circular Driveway
- Garage Spaces
- 3
- Elementary School
- Kiva Elementary School
- Middle School
- Mohave Middle School
- High School
- Saguaro High School
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Listing courtesy of Listing Agent: Christine Labelle (602-740-5712) from Listing Office: Compass.
Selling Office: Realty ONE Group.All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.