3135 E PALO VERDE Drive, Phoenix, AZ 85016, Phoenix, 85016 - 5 bed, 6 bath
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Phoenix, AZ 85016
This Modern Hillside Architectural Retreat is listed at $4,900,000, positioned near its $4,665,341 Fair Market Value to reflect its premium hillside location and recent high-end upgrades. Holding an exceptional Condition Rating of 2, the home features a 1,500-square-foot primary retreat, a chef’s kitchen, and panoramic mountain and city-light views. The expansive 1.18-acre lot provides a resort-style pool and significant undeveloped land for a guest house or sport court. This turnkey sanctuary is ideal for luxury lifestyle seekers or Owner-Occupants prioritizing privacy and modern design.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3135 E PALO VERDE Drive Subject | $4,900,000* List Price | 5 | 6 | 6,012 | $776 | - |
A 84 Biltmore Estates -- Active | $4,750,000 List Price | 6 | 6 | 7,073 | $672 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1995, the property has undergone an extensive, high-end modern renovation within the last 5 years. The interior features premium contemporary finishes including herringbone wood and large-format tile flooring, custom wood slat wall treatments, designer light fixtures, and a chef's kitchen. All visible components appear new or virtually new, meeting current luxury standards with no signs of physical depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 51741, living area = 6012.
Perched on a private hillside cul-de-sac near the Biltmore and Paradise Valley, this residence offers sweeping mountain and city-light views through expansive walls of glass.
The entire upper level is dedicated to a massive 1,500-square-foot primary suite, providing ultimate privacy with a spa-inspired bath and panoramic vistas.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6012, other record living area = 5315.
The property is zoned for Camelback High School, which carries a low rating of 3, potentially impacting its appeal to families focused on public education.
While offering views, the hillside terrain can result in higher maintenance costs and increased complexity for any future construction on the undeveloped land.
Altura Peak, a striking modern hillside residence set within the coveted Alta Vista enclave near the Biltmore and Paradise Valley. Perched on a private cul-de-sac and spanning over 1.18 acres, this architectural retreat captures sweeping mountain and city-light views while offering exceptional privacy in a premier central location. Designed for seamless indoor-outdoor living, the home features expansive open living spaces with 10-foot high ceilings, walls of glass, and multiple terraces that connect effortlessly to resort-style outdoor living. The chef's kitchen anchors the main living area and flows into generous entertaining spaces overlooking the pool and Valley beyond. A hidden speakeasy with custom bottle storage connects to a temperature-controlled garage, creating a distinctive entertaining experience for collectors and enthusiasts. The entire upper level is dedicated to an impressive 1,500-square-foot primary retreat with panoramic views, a spa-inspired bath, and generous walk-in closet space. A portion of the 1.18-acre lot remains undeveloped, offering future potential for amenities such as a sport court, guest house, or pickleball court. Altura Peak presents a rare opportunity for modern hillside living with space, privacy, and sweeping views in one of Phoenix's most desirable locations.
No exterior & parking available.
Grades PK-4 • 1.8 mi
Grades 5-8 • 1.9 mi
Grades K-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 6.0 | 2.0 | 98% |
| Square foot | 6,012 | 1,886.5 | 99% |
| Lot Size | 51,741 | 8,294 | 97% |
| Price | $4.90M | $595.0K | 99% |
| Price per sq ft | $815 | $354 | 95% |
| Built year | 1995 | 1955 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 1490 | 0% |
Mar 11, 2026
$4,900,000
Initial Listing