7501 E PALO VERDE Drive 4, Scottsdale, AZ 85250, Scottsdale, 85250 - 3 bed, 4 bath
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Scottsdale, AZ 85250
This Stunning Move-In Ready Home is listed at $5,000,000, reflecting a stable valuation aligned with its $5,011,988 Fair Market Value. Featuring a fully restored 1959 Spanish territorial design, the property boasts an Excellent Condition Rating with high-end finishes, a 600-bottle wine cellar, and an 8-car garage. Situated on a private 1.36-acre oasis with a heated pool and spa, it offers a rare lifestyle near top-rated schools like Kiva Elementary. This property is the perfect fit for luxury homeowners or car enthusiasts seeking a secure, turnkey desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7501 E PALO VERDE Drive 4 Subject | $5,000,000* List Price | 3 | 4 | 3,970 | $1,262 | - |
A 7475 E JACKRABBIT Road Active | $6,250,000 List Price | 5 | 5 | 5,145 | $1,215 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1959, the property is described as fully restored with high-end custom finishes, including custom windows, doors, and cabinetry. The presence of top-of-the-line appliances, a 600-bottle wine cellar, and pristine interior/exterior images indicates a recent, comprehensive renovation that meets the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59410, living area = 3970.
Situated on a gated 1.36-acre flag lot, this fully walled desert oasis offers rare seclusion and security while remaining minutes from Scottsdale’s premier dining and shopping.
The property features an expansive 8-car garage capacity, a highly sought-after luxury amenity for collectors that is rarely found in standard residential listings.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =59410, other record lot size in square feet = 16534. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3970, other record living area = 3107.
The association fee of $2,094 represents a significant recurring expense that may impact the overall value proposition for some luxury buyers.
With only three bedrooms across nearly 4,000 square feet, the home may lack the functional layout required by larger families or buyers seeking more suites at this $5M price point.
Secluded, private, convenient, and gated. Comprising a fully walled and landscaped desert oasis, this flag lot provides a unique hidden and secure lifestyle, yet minutes from the fine dining and shopping that Paradise Valley and Scottsdale are known for. The main house is a fully restored vintage 1959 Spanish brick territorial with heightened ceilings and clay tile roof. Custom windows, doors, and cabinets, two limestone gas fireplaces, and top of the line appliances. The guest house is fully self contained and has a 600 bottle wine cellar! Total garage parking for 8 cars. The landscaped grounds include towering pines and palms, old-growth native trees, citrus grove, landscape lighting, large heated pool/spa, and bocce ball court. Once you arrive you won't want to leave!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 90% |
| Square foot | 3,970 | 2,148 | 94% |
| Lot Size | 59,410 | 7,555 | 97% |
| Price | $5.00M | $600.0K | 97% |
| Price per sq ft | $1.3K | $372 | 97% |
| Built year | 1959 | 1966 | 3% |
| HOA | $2094 | $0 | 97% |
| Days on market | 30 | 2310 | 3% |
May 17, 2026
$5,000,000
Initial Listing