5106 E DESERT JEWEL Drive, Paradise Valley, AZ 85253
$2,750,000
Property Type:
Residential
Bedrooms:
4
Baths:
4.5
Square Footage:
6,500
Lot Size (sq. ft.):
129,604
Status:
Closed
Current Price:
$2,650,000
Last Modified:
4/28/2023
Description
Welcome to Desert Jewel, a secluded 2.98 acre Paradise Valley mid-century modern desert adobe. This property presents a unique opportunity to create a one of a kind renovation by renowned architect, Erik Peterson of PHX Architecture. Offered as a complete package with permit-ready plans for a buyer who desires a masterfully detailed transformation from the current 4200 sf existing residence into appoximately 6500 sf of a modern, desert industrial sanctuary with 4 bedrooms + office, 3.5 baths and 5 car garage. It's a rarity to find such acreage with stunning local backdrops of all major landmarks: Mummy Mtn, Camelback, Piestewa Peak, Phoenix Mtn Preserve and views all the way north to Pinnacle Peak. Erik Peterson's comprehensive re-design emphasizes
Supplements: existing updated aesthetics, enhanced sloped rooflines with dynamic windows and brings structural materials/textures to the forefront of Desert Jewel all while paying homage to the Frank Lloyd Wright vibe with a more industrial, loft feel. This hidden gem is located among multi-million dollar estates in the highly coveted 3 C's school district, 15 minutes from downtown Phoenix and Sky Harbor and the Valley's finest golf, entertainment and shopping districts. Property can also be sold without building plans. Contact Listing Agent for details. Sold as-is; Buyer to verify all facts, figures, measurements.
More Information MLS# 6150420
Contract Information
Status Change Date: 2021-09-01
Sold Price: $2,650,000
Status: Closed
Current Price: $2,650,000
List Date: 2020-10-22
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: N36
House Number: 5106
Compass: E
Street Name: DESERT JEWEL
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 3052
Country: USA
County Code: Maricopa
Assessor's Map #: 74
Assessor's Parcel #: 4
Assessor Parcel Ltr: F
Assessor Number: 168-74-004-F
Legal Description (Abbrev): PT LOT 6 DAF BEG SE COR N 40' TO TR POB W 452.85' N 18: E 230.98' TH N 79: 55' E 214.26' TH N 32:
Subdivision: Metes and Bounds
Tax Municipality: Paradise Valley
Taxes: 9957
Tax Year: 2020
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
# Bathrooms: 4.5
Approx SQFT: 6500
Price/SqFt: 407.69
Horses: Y
Builder Name: Unknown
Year Built: 1966
Approx Lot SqFt: 129604
Approx Lot Acres: 2.975
Pool: Private Only
Elementary School: Cherokee Elementary School
Jr. High School: Cocopah Middle School
High School: Chaparral High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: Tatum and Desert Jewel
Directions: East on Desert Jewel to last home on north side of street.
Geo Lat: 33.55397
Geo Lon: -111.969901
Status Change Info
Off Market Date: 2021-09-01
Under Contract Date: 2021-07-01
Close of Escrow Date: 2021-08-31
Sold Price: $2,650,000
Legal Info
Township: 3N
Range: 4E
Section: 32
Lot Number: F
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Architect
Architect: Erik Peterson PHX Ar
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: Y
Parking Spaces
Garage Spaces: 5
Slab Parking Spaces: 4
Total Covered Spaces: 5
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Architecture: Other (See Remarks)
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks
Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet; Master Bedroom Sitting Room
Fireplace: 2 Fireplace; Fireplace Family Rm; Fireplace Living Rm; Fireplace Master Bdr
Pool Features: Private
Spa: None
Dining Area: Dining in LR/GR
Kitchen Features: Range/Oven Elec; Dishwasher; Refrigerator; Wall Oven(s)
Laundry: Inside
Other Rooms: Guest Qtrs-Sep Entrn
Exterior Features: Covered Patio(s); Patio
Construction: Slump Block; Adobe
Const - Finish: Other (See Remarks)
Roofing: Built-Up; Foam
Cooling: Refrigeration
Heating: Electric
Utilities: APS
Water: City Water
Sewer: Septic Tank; Septic in & Cnctd
Fencing: Other
Property Description: Mountain View(s); North/South Exposure; Adjacent to Wash
Landscaping: Desert Front; Desert Back
Horse Features: Other; See Remarks
Lockbox Type: Supra (ARMLS)
Possession: Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: HomeSmart
Last Updated: April - 28 - 2023
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