3282 E PALO VERDE Drive, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 7 bed, 6 bath
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Paradise Valley, AZ 85253
This Desert Contemporary Estate offers a stable valuation, listed at $5,800,000, which aligns with its $5,800,000 Fair Market Value. Boasting a Condition Rating of 2, the residence features an extensive high-end renovation including a chef's kitchen with waterfall marble and 21-foot ceilings. Situated on a one-acre mountainside lot, the property provides unobstructed Camelback Mountain views, a full-size tennis court, and a detached casita. This architectural masterpiece is a premier sanctuary for Luxury Owner-Occupants or High-End Entertainers seeking a sophisticated, move-in-ready Arizona lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3282 E PALO VERDE Drive Subject | $5,800,000* List Price | 7 | 6 | 6,724 | $863 | - |
A 5824 N 33RD Place N Sold | $5,100,000 | 5 | 6 | 5,719 | $892 | 0.1 mi |
B 5738 N 32ND Place Active | $4,400,000 List Price | 5 | 6 | 6,724 | $654 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1995, this estate has undergone an extensive, high-end contemporary renovation within the last 5 years. The interior features ultra-modern finishes including a chef's kitchen with waterfall marble islands and professional-grade appliances, large-format tile flooring, glass-enclosed wine storage, and updated designer lighting. All visible components meet current luxury standards with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44276, living area = 6724.
Custom-designed by John T. Pela using fireproof steel and masonry, this estate features dramatic 21-foot ceilings and a museum-like open floor plan ideal for high-end entertaining.
Situated on a one-acre mountainside lot with no HOA, the property offers unobstructed views of Camelback Mountain, city lights, and sunsets, all while being minutes from Biltmore Fashion Park.
While the listing mentions a 'pool to come,' the current lack of a finished swimming pool is a notable omission for a luxury estate in this price bracket and climate.
The assigned high school carries a low rating (3/10), which may be a deterrent for luxury buyers prioritizing top-tier public education for their families.
Gorgeous one-of-a-kind Desert Contemporary Estate. This is an entertainers dream situated on 1 acre mountainside with stunning Camelback, city light, sunset & mountain views! This home was originally custom-designed by John T. Pela and built with steel & masonry block and is fireproof! The 21 foot ceilings create a dramatic museum feel in the open great room with a custom wet bar looking up to the upstairs loft. Unbelievable sunset views-The builder designed to home around the beautigul AZ sunsets. The home features a courtyard entry multiple patios & balconies, a full size tennis court and detached casita. First floor master with his & her walk-in closets. NO HOA! Less than five minutes to great shopping at Biltmore Fashion Park & some of the best hiking trails in Phoenix. Pool to come
No exterior & parking available.
Grades K-8 • 1.3 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 95% |
| Baths | 6.0 | 4.0 | 70% |
| Square foot | 6,724 | 4,789 | 78% |
| Lot Size | 44,276 | 43,834 | 54% |
| Price | $5.80M | $2.60M | 78% |
| Price per sq ft | $863 | $667 | 68% |
| Built year | 1995 | 1983 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 511 | 3064 | 8% |
Jan 19, 2025
$5,800,000
Initial Listing