7040 E PALO VERDE Lane, Paradise Valley, AZ 85253

$2,000,000
Property Type: Residential Bedrooms: 4 Baths: 3 Lot Size (sq. ft.): 41,553 Status: Closed
Current Price: $2,000,000 Last Modified: 3/17/2026

Overview

Description

Welcome to your very own piece of paradise, nestled in the heart of Paradise Valley, AZ! This charming residence boasts stunning upgrades and an abundance of natural light, creating a bright and inviting atmosphere from the moment you walk in. Perfectly situated on a generous lot, offering a spacious backyard with sparkling pool, perfect for outdoor gatherings and activities, all while enjoying breathtaking mountain views! Immerse yourself in the tranquility and beauty of this ideal location, where every day feels like a retreat.

Listing Details MLS# 6624551

Location, Tax & Legal

House Number
7040
Compass
E
Street Name
PALO VERDE
St Suffix
Lane
City/Town Code
Paradise Valley
State/Province
AZ
Zip Code
85253
Zip4
5951
Country
US
County Code
Maricopa
Assessor Number
173-06-005
Subdivision
HIDDEN VILLAGE 11 LOTS 484-491, 501-509
Tax Year
2023

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
Total Bathrooms
3
Approx SQFT
2548
Price/SqFt
784.93
Horses
N
Builder Name
unknown
Year Built
1960
Lead Based Hazard Disclosure
No
Approx Lot SqFt
41553
Approx Lot Acres
0.954
Community Pool Y/N
No
Private Pool Y/N
Yes
Fireplace YN
Yes
Fireplaces Total
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

Remarks Misc

Cross Street
Scottsdale Rd and McDonald
Directions
West on McDonald Rd to North Qual Run Rd, Then South to Palo Verde, The East to the end of the street.

Status Change Info

Off Market Date
2024-02-23
Under Contract Date
2024-01-25
Close of Escrow Date
2024-02-23

Legal Info

Township
2N
Range
4E
Section
15
Lot Number
487

More Information

Basement

Basement Y/N
N

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Conventional
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Special Listing Cond: N/A Architecture: Ranch View: City Lights; Mountain(s) Master Bathroom: Double Vanity Additional Bedroom: Other Bedroom Split Flooring: Carpet; Tile Private Pool Features: Diving Pool Spa: None Dining Area: Formal; Eat-in Kitchen; Breakfast Bar Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Refrigerator; Pantry; Granite Counters Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room Interior Features: No Interior Steps Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio Parking Features: Direct Access; Garage Door Opener Road Responsibility: City Maintained Road Construction: Block; Wood Frame Const - Finish: Painted; Stucco; Brick Veneer Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: Pvt Water Company Sewer: Septic Tank; Septic-In & Connected Services: City Services Fencing: Block Property Description: Corner Lot Landscaping: Grass Front; Grass Back; Synthetic Grass Frnt; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Back Showing Notification Methods: Phone Call 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
IDX
Listing Office: RE/MAX Fine Properties
Office Email: gremmers@fineprop.com
Last Updated: March - 17 - 2026
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