5238 E PALO VERDE Drive, Paradise Valley, AZ 85253, Paradise Valley AZ 85253
An extraordinary opportunity to acquire just over an acre on Camelback Mountain-an increasingly rare setting where exceptional land, privacy, and views converge. Surrounded by some of the Valley's most distinguished estates, this property offers a remarkable canvas for the creation of a one of a kind custom residence. Opportunities of this caliber are exceptionally limited. Buildable homesites in Paradise Valley are increasingly scarce, and parcels on Camelback Mountain are rarer still. With it's gentle sloping terrain, the property offers a distinct advantage; It is not subject to hillside de
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Paradise Valley
This property is grouped with the current 4-bedroom homes in Paradise Valley. Its asking price falls near the 71st percentile of that active group. The comparison uses 79 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 26 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $3,252,500, and the median is $1,021 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 5002 E VALLE VISTA Way, Paradise Valley, AZ 85253 | Jun 30, 2026 | 4 bd · 9,068 sqft | $12,000,000 | 0.3 mi |
| 6210 N CAMELBACK MANOR Drive, Paradise Valley, AZ 85253 | Jul 9, 2026 | 4 bd · 3,660 sqft | $4,299,000 | 0.3 mi |
| 6306 N CAMELBACK MANOR Drive, Paradise Valley, AZ 85253 | Jul 6, 2026 | 3 bd · 4,038 sqft | $3,700,000 | 0.5 mi |
| 4800 E Valley Vista Lane, Paradise Valley, AZ 85253 | Jul 24, 2026 | 3 bd · 4,428 sqft | $2,277,777 | 0.5 mi |
| 6180 N LAS BRISAS Drive, Paradise Valley, AZ 85253 | Jun 30, 2026 | 3 bd · 3,620 sqft | $3,695,000 | 0.5 mi |
| 5455 E LINCOLN Drive 2009, Paradise Valley, AZ 85253 | Aug 18, 2026 | 1 bd · 1,005 sqft | $1,200,000 | 0.6 mi |
| 5455 E LINCOLN Drive 1005, Paradise Valley, AZ 85253 | Oct 16, 2026 | 1 bd | $1,380,000 | 0.6 mi |
| 6339 N 48TH Place, Paradise Valley, AZ 85253 | Jul 22, 2026 | 5 bd · 4,684 sqft | $2,810,000 | 0.6 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $5,195,000 · Active
- $5,195,000 · Active
- $5,195,000 · Active
- $5,195,000 · Active
- $5,195,000 · Active
- $5,195,000 · Active
- $5,195,000 · Active
Continue comparing
Similar active homes in Paradise Valley
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Paradise Valley homes for sale · See the Paradise Valley market report