7017 E PALO VERDE Place 7, Paradise Valley, AZ 85253 (MLS# 6487249)

7017 E PALO VERDE Place 7, Paradise Valley, AZ 85253

$3,950,000

Property Type: Land Lot Size (sq. ft.): 54,768 Status: Closed

Current Price: $3,950,000 List Date: 9/21/2023 Last Modified: 8/20/2025

Overview

Description

THE BEST Paradise Valley lot with unobstructed panoramic views of Camelback Mountain, Mummy Mountain, Arizona sunsets and sparkling city lights. It's the only true south facing backyard in Paradise Valley Estates neighborhood, non front loaded, and also does not fall under hillside zoning. The oversized lot is an entertainer's dream with ample space for an amazing custom home featuring a resort style backyard, tennis court and anything you can dream up. Ideally located just minutes to the Paradise Valley Country Club, JW Camelback Inn Resort & Spa, Scottsdale Fashion Square, many popular restaurants, world renowned golf courses, hiking, cycling and walking trails.

Listing Details MLS# 6487249

Location, Tax & Legal

Map Code/Grid: N36
House Number: 7017
Compass: E
Street Name: PALO VERDE
St Suffix: Place
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 5950
County Code: Maricopa
Assessor Number: 169-29-007-A
Subdivision: PARADISVE VALLES ESTATES
Tax Year: 2022
Lot #: 7
Assessor's Map #: 29
Legal Description (Abbrev): LOT 7 PARADISVE VALLES ESTATES MCR 006104
Assessor's Parcel #: 7
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Paradise Valley
Census Tract: 105004
Taxes: 9589
Marketing Name: Paradise Valley Estates

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 1.26
Apx Total Acres G/N: G
Price Per Acre: 3293650.79
Apx SqFt: 54768
Price Per SqFt: 75.77
Apx SqFt G/N: G
Lot Size Dimensions: TBD
Zoning: RES
Flood Zone: TBD
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: Lincoln Dr and Desert Fairways Dr
Directions: North on Desert Fairways Dr, Right (E) on Palo Verde to property on Right (S). (Views of Camelback Mountain)

Status Change Info

Off Market Date: 2023-10-18
Under Contract Date: 2023-09-19
Close of Escrow Date: 2023-10-17

Legal Info

Township: 2N
Range: 4E
Section: 8
Lot Number: 7

More Information

Sold Info

Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession $/%: %
Seller Concession $/%: %
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Special Listing Cond

N/A: Yes

Pmt & Rate Info

Equity: 4150000
Total Owed: 0

Assoc/Prop Info

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

Lockbox Type

None: Yes

Existing Land Use

Residential Lot: Yes

Zoned Presently

Single Family: Yes

Potential Use

Single Family: Yes

Parcel Size

1.00 - 2.49 Acres: Yes

Development Status

Subdivision Plat Apv: Yes
See Remarks: Yes

Land Features

Corner Lot: Yes
North/South Exp: Yes
Other: Yes

View

City Lights: Yes
Mountain(s): Yes

Elevation Source

Other (See Remarks): Yes

Vegetation

Low Desert: Yes

Road Surface Type

Asphalt: Yes

Road Responsibility

City Maintained Road: Yes

Traffic Count

Other (See Rmks): Yes

Fencing

See Remarks: Yes

Water Source

Private: Yes

Sewer

Other: Yes

Electric

APS: Yes

Topography

Level: Yes
Gentle Sloping: Yes

Gas

Other (See Rmks): Yes

Existing Structures

None: Yes

Distance to Cable

Under 350 Feet: Yes

New Financing

Cash: Yes
Conventional: Yes
Other (See Rmks): Yes

Distance to Phone

Call Listing Office: Yes

Distance to Water

Under 350 Feet: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Distance to Electric

On Property: Yes

Distance to Gas

None: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Distance to Sewer

Call Listing Office: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Existing Other Loan

Not Applicable: Yes

Seller May Carry (SMC) Payment

Principal & Interest: Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Development Status: Subdivision Plat Apv; See Remarks Land Features: Corner Lot; North/South Exp; Other View: City Lights; Mountain(s) Elevation Source: Other (See Remarks) Vegetation: Low Desert Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: Other (See Rmks) Topography: Level; Gentle Sloping Existing Structures: None Water Source: Private Sewer: Other Electric: APS Gas: Other (See Rmks) Distance to Cable: Under 350 Feet Distance to Phone: Call Listing Office Distance to Water: Under 350 Feet Distance to Electric: On Property Distance to Gas: None Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; Other (See Rmks) Seller May Carry (SMC) Payment: Principal & Interest Environmental: None Lockbox Type: None Fencing: See Remarks

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: August - 20 - 2025