7040 E PALO VERDE Lane, Paradise Valley, AZ 85253
$2,000,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,548 Lot Size (sq. ft.): 41,553 Status: Closed
Current Price: $2,000,000 Last Modified: 3/17/2026
Description
Welcome to your very own piece of paradise, nestled in the heart of Paradise Valley, AZ! This charming residence boasts stunning upgrades and an abundance of natural light, creating a bright and inviting atmosphere from the moment you walk in. Perfectly situated on a generous lot, offering a spacious backyard with sparkling pool, perfect for outdoor gatherings and activities, all while enjoying breathtaking mountain views! Immerse yourself in the tranquility and beauty of this ideal location, where every day feels like a retreat.
More Information MLS# 6624551
Contract Information
Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Sold Price: $2,000,000 Status: Closed Current Price: $2,000,000 List Date: 2023-10-30
Location, Tax & Legal
Assessor's Map #: 6 Legal Description (Abbrev): LOT 487 HIDDEN VILLAGE 11 LOTS 484-491, 501-509 MCR 008129 Assessor's Parcel #: 5 Tax Municipality: Paradise Valley Taxes: 5459 House Number: 7040 Compass: E Street Name: PALO VERDE St Suffix: Lane City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 5951 County Code: Maricopa Assessor Number: 173-06-005 Subdivision: HIDDEN VILLAGE 11 LOTS 484-491, 501-509 Tax Year: 2023
General Property Description
Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 2548 Price/SqFt: 784.93 Approx Lot SqFt: 41553 Approx Lot Acres: 0.954 Horses: N Builder Name: unknown Lead Based Hazard Disclosure: No Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Kiva Elementary School Jr. High School: Mohave Middle School High School: Saguaro High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 3 Year Built: 1960
Legal Info
Range: 4E Section: 15 Township: 2N Lot Number: 487
Special Listing Cond
N/A: 1
Construction
Block: 1 Wood Frame: 1
Const - Finish
Painted: 1 Stucco: 1 Brick Veneer: 1
Roofing
Composition: 1
Association & Fees
HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings Phone Call: 1
Lockbox Type
Supra: 1
Architecture
Ranch: 1
Master Bathroom
Double Vanity: 1
Additional Bedroom
Other Bedroom Split: 1
Flooring
Carpet: 1 Tile: 1
Private Pool Features
Diving Pool: 1
Dining Area
Formal: 1 Eat-in Kitchen: 1 Breakfast Bar: 1
Heating
Natural Gas: 1
View
City Lights: 1 Mountain(s): 1
Kitchen Features
Dishwasher: 1 Disposal: 1 Gas Oven: 1 Gas Range: 1 Pantry: 1 Refrigerator: 1 Gas Cooktop: 1 Granite Counters: 1
Cooling
Ceiling Fan(s): 1 Central Air: 1
Interior Features
No Interior Steps: 1
Laundry
Washer Included: 1 Dryer Included: 1 Inside: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Road Responsibility
City Maintained Road: 1
Technology
Cable TV Avail: 1 High Speed Internet: 1
Fencing
Block: 1
Water Source
Pvt Water Company: 1
Exterior Features
Covered Patio(s): 1 Patio: 1
Spa
None: 1
Sewer
Septic Tank: 1 Septic-In & Connected: 1
Parking Spaces
Slab Parking Spaces: 2 Total Covered Spaces: 2 Garage Spaces: 2
Parking Features
Direct Access: 1 Garage Door Opener: 1
New Financing
Cash: 1 Conventional: 1
Plumbing
Gas Hot Water Heater: 1
Utilities
APS: 1 SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
Corner Lot: 1
Landscaping
Grass Front: 1 Grass Back: 1 Synthetic Grass Frnt: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1 Auto Timer H2O Back: 1
Services
City Services: 1
Disclosures
Seller Discl Avail: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Sold Info
Loan Type: Conventional Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Cross Street: Scottsdale Rd and McDonald Directions: West on McDonald Rd to North Qual Run Rd, Then South to Palo Verde, The East to the end of the street. Geo Lat: 33.523018 Geo Lon: -111.928354
Status Change Info
Off Market Date: 2024-02-23 Under Contract Date: 2024-01-25 Close of Escrow Date: 2024-02-23 Sold Price: $2,000,000
Property Features
Special Listing Cond: N/A Architecture: Ranch View: City Lights; Mountain(s) Master Bathroom: Double Vanity Additional Bedroom: Other Bedroom Split Flooring: Carpet; Tile Private Pool Features: Diving Pool Spa: None Dining Area: Formal; Eat-in Kitchen; Breakfast Bar Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Refrigerator; Pantry; Granite Counters Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room Interior Features: No Interior Steps Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio Parking Features: Direct Access; Garage Door Opener Road Responsibility: City Maintained Road Construction: Block; Wood Frame Const - Finish: Painted; Stucco; Brick Veneer Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: Pvt Water Company Sewer: Septic Tank; Septic-In & Connected Services: City Services Fencing: Block Property Description: Corner Lot Landscaping: Grass Front; Grass Back; Synthetic Grass Frnt; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Back Showing Notification Methods: Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: RE/MAX Fine Properties
Last Updated: March - 17 - 2026
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