4630 E Charles Drive, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 5 bed, 3 bath
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Paradise Valley, AZ 85253
Analysis of 4630 E Charles Drive, Paradise Valley, AZ 85253 is currently available with a list price of $2,500,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Paradise Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1962 (62 years old) with no evidence of major renovations. The listing description explicitly focuses on the lot's buildability and the potential for a 'future modern estate,' which is industry shorthand for a tear-down. Interior photos reveal dated elements like popcorn ceilings, old wallpaper, and 1980s-style built-ins, indicating the structure is likely being sold for land value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 2112.
Elementary School: Cherokee Elementary School (9/10).
The property boasts rare, unobstructed East, South, and West views of mountains and city lights, complemented by a North/South lot orientation that provides natural late-day shade.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43560, other record lot size in square feet = 42340.
The existing 1962 block home is likely at the end of its functional life cycle for this price point, requiring either a massive expansion or a complete teardown.
At a $2.5M price point for a 2,112 sqft original home, the buyer is primarily paying for land value, necessitating substantial additional capital for redevelopment.
Welcome to one of the most serene parts of Paradise Valley. The property's view corridors to the East, South and West provide breathtaking unobstructed views of mountains & city lights. The limited amount of traffic in the area would be basically those who live in this section of PV. The original block home can be expanded upon for what you envision or the lot itself can be the foundation of your future modern estate. One thing you'll notice is how buildable the site is as it's fairly flat for the elevation. Homes in the area, current and under construction, provide the confidence needed for development as values approach Eight Figures. The N/S oriented lot is desirable as always and the Western Mountains in close proximity provide great late day shade. You'll love the setting! 3C Schools
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 3.1 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 3.0 | 4.0 | 27% |
| Square foot | 2,112 | 4,327 | 3% |
| Lot Size | 43,560 | 43,791 | 49% |
| Price | $2.50M | $2.50M | 50% |
| Price per sq ft | $1.2K | $667 | 81% |
| Built year | 1962 | 1983 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 3064 | 3% |
Apr 28, 2026
$2,500,000
Initial Listing