4838 E Palomino Road, Phoenix, AZ 85018, Phoenix, 85018 - 7 bed, 8 bath
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Phoenix, AZ 85018
Analysis of 4838 E Palomino Road, Phoenix, AZ 85018 is currently available with a list price of $6,995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age range for a 'good' condition score. The home is move-in ready and features high-end finishes such as travertine flooring, decorative wood-beamed ceilings, and granite countertops. While the Mediterranean aesthetic and some appliances (particularly in the guest house) reflect the original construction era rather than a recent modern renovation, the estate is exceptionally well-maintained 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 = 65212, living area = 11103.
The property features a unique 3,400 square foot detached building with its own gated driveway and 5-car garage, offering unparalleled flexibility for a car collector's showroom, private gym, or professional studio.
The main residence includes an extraordinary 2,000 square foot primary suite with dual expansive walk-in closets, providing a level of scale and luxury rarely found even in high-end estates.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 11103, other record living area = 8762.
With over 11,000 square feet of living space across multiple structures and extensive grounds, the property will require significant ongoing maintenance and carry high utility expenses.
While the elementary school is highly rated, the assigned middle and high schools have average ratings, which may be a consideration for families prioritizing top-tier public education.
** Priced below appraised value ** Experience the scale and privacy of a true Paradise Valley estate within the coveted Arcadia Hillside neighborhood. This exceptional property presents a rare opportunity to enjoy the acreage and seclusion typically reserved for Paradise Valley, while benefiting from the community feel and walkability that make Arcadia so desirable. Set on 1.5 acres, the main residence features a thoughtfully designed floorplan highlighted by an extraordinary 2,000 square foot primary retreat with two expansive walk-in closets. Each guest suite is generously sized with its own private bathroom, offering comfort and privacy for family and guests. A private 1,000 square foot guest house is attached to the main residence and includes a full kitchen, making it ideal for extended stays or live-in accommodations. The main residence is accessed through a private gated drive that leads to a five-car garage. Built with block construction, the home offers superior insulation during the summer months while also minimizing exterior noise. In addition to the main residence, the property features a completely detached structure offering remarkable versatility for the next owner. With more than 3,400 square feet under roof and its own private gated driveway leading to an additional five-car garage, this space is ideal for a private training and recovery facility, a luxury car collector's showroom, or a wide range of other custom uses.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 100% |
| Baths | 8.0 | 3.0 | 99% |
| Square foot | 11,103 | 2,715 | 100% |
| Lot Size | 65,212 | 9,936 | 99% |
| Price | $7.00M | $1.20M | 98% |
| Price per sq ft | $630 | $473 | 72% |
| Built year | 2008 | 1961 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 1537 | 5% |
Apr 10, 2026
$6,995,000
$7,500,000
-7% Price Drop
Initial Listing
Jan 14, 2026
$7,500,000
Initial Listing