5106 E DESERT JEWEL Drive, Paradise Valley, AZ 85253 (MLS# 6150420)

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
5106 E DESERT JEWEL Drive, Paradise Valley, AZ 85253- MLS# 6150420
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