4912 E ARROYO VERDE Drive, Paradise Valley, AZ 85253

$3,400,000

Property Type: Residential Bedrooms: 4 Baths: 3 Lot Size (sq. ft.): 43,464 Status: Closed

Current Price: $3,400,000 Last Modified: 3/21/2026

Overview

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.

Listing Details MLS# 6983586

Location, Tax & Legal

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
Country: US
County Code: Maricopa
Assessor Number: 169-23-015
Subdivision: ARROYO VERDE
Tax Year: 2025

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: Yes
# of Interior Levels: Yes
# Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: Yes
Total Bathrooms: 3
Approx SQFT: 3915
Price/SqFt: 868.45
Horses: N
Builder Name: Custom
Year Built: 1972
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 43464
Approx Lot Acres: 0.998
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 3
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: Tatum and Lincoln
Directions: South on Tatum, left on Arroyo verde.

Status Change Info

Off Market Date: 2026-03-21
Under Contract Date: 2026-02-22
Close of Escrow Date: 2026-03-20

Legal Info

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

More Information

Basement

Basement Y/N: N

Items Updated

Roof Yr Updated: 2016
Roof Partial/Full: Partial

Parking Spaces

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

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Home Phn: 602-740-5712

Sold Info

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

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

Office Phone: 480-776-1555

Office Email: lexie.fabor@compass.com

Last Updated: March - 21 - 2026