Listing provided courtesy of Compass- MLS# 6996511MLS Provider

3135 E PALO VERDE DrivePhoenix, AZ 85016

Single Family · 5 Beds · 4 Full Baths · 2 Half Baths · 6,012 Sq. ft. | 1.19 Acres
$4,900,000 Active

3135 E PALO VERDE Drive Overview

Time on Site:
111 days
Visits:
0

Altura Peak, a striking modern hillside residence set within the coveted Alta Vista enclave near the Biltmore and Paradise Valley. Perched on a private cul-de-sac and spanning over 1.18 acres, this architectural retreat captures sweeping mountain and city-light views while offering exceptional privacy in a premier central location. Designed for seamless indoor-outdoor living, the home features expansive open living spaces with 10-foot high ceilings, walls of glass, and multiple terraces that connect effortlessly to resort-style outdoor living. The chef's kitchen anchors the main living area and flows into generous entertaining spaces overlooking the pool and Valley beyond. A hidden speakeasy with custom bottle storage connects to a temperature-controlled garage, creating a distinctive entertaining experience for collectors and enthusiasts. The entire upper level is dedicated to an impressive 1,500-square-foot primary retreat with panoramic views, a spa-inspired bath, and generous walk-in closet space. A portion of the 1.18-acre lot remains undeveloped, offering future potential for amenities such as a sport court, guest house, or pickleball court. Altura Peak presents a rare opportunity for modern hillside living with space, privacy, and sweeping views in one of Phoenix's most desirable locations.

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3135 E PALO VERDE Drive Facts & Features

  • Type Single Family
  • Sq. ft. 6,012
  • Price/Sq.ft. $815
  • Lot 1.19 Acres

Details

General

Association/HOA

  • Association Fee Includes: No Fees
  • Association: false

School Information

  • School District: Phoenix Union High School District
  • Elementary School: Madison #1 Elementary School
  • Middle Or Junior School: Madison #1 Elementary School
  • High School: Camelback High School

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Information

  • Builder Name: Custom Remodel
  • Year Built: 1995

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: ALTA VISTA PARK UNIT 4
  • Township: 2N

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $16,789.00
  • Tax Year: 2025

General Information

  • Disclosures: Agency Discl Req,Seller Discl Avail
  • Listing Terms: Owner May Carry,Cash,Conventional,Also for Rent,1031 Exchange,Lease Option,Lease Purchase
  • Ownership: Fee Simple
  • Parcel Number: 164-11-082-A
  • Possible Use: See Remarks
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 3.0

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total: 6
  • Bedrooms Total: 5
  • Bedrooms Possible: 6

Building Interior

  • Building Area Source: Appraiser

General Information

  • Fireplace Features: Gas
  • Fireplace: true
  • Fireplaces Total: 1
  • Flooring: Tile,Wood
  • Interior Features: Walk-in Pantry,Quartz Countertops,High Speed Internet,Double Vanity,Upstairs,Eat-in Kitchen,9+ Flat Ceilings,Kitchen Island,Pantry,Full Bth Master Bdrm,Separate Shwr \u0026 Tub
  • Laundry Features: Upstairs Laundry,Inside,See Remarks,Engy Star (See Rmks)
  • Living Area: 6012.0
  • Living Area Source: Appraiser
  • Rooms Total: 0
  • Security Features: Fire Sprinkler System
  • Spa Features: None
  • Stories Total: 2
  • Window Features: Screens,Dual Pane,ENERGY STAR Qualified Windows,Vinyl Frame

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Attached Garage,Garage Door Opener,Direct Access,Temp Controlled

Lot Information

  • Lot Features: North/South Exposure,Hillside Lot,Desert Back,Desert Front,Cul-De-Sac,Synthetic Grass Back,Auto Timer H2O Front,Irrigation Front,Irrigation Back
  • Lot Size Acres: 1.19
  • Lot Size Area: 51741.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 51741.0
  • Lot Size Units: Square Feet
  • Road Responsibility: City Maintained Road
  • Road Surface Type: Asphalt
  • Water Source: City Water

Waterfront/View

  • View: City,Panoramic,City Lights,Mountain(s)

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Attached Garage: false
  • Construction Materials: Stucco,Wood Frame,Painted
  • Property Attached: false
  • Roof: Foam

General Information

  • Covered Spaces: 3.0
  • Exterior Features: Rain Gutters,Balcony,Private Street(s),Built-in Barbecue
  • Fencing: Back Yard,Block,Wrought Iron
  • Horse: false
  • Pool Features: Outdoor
  • Pool Private: true
  • Sewer: Sewer in \u0026 Cnctd,Public Sewer

3135 E PALO VERDE Drive Neighborhood

Community

85016 (Phoenix) Demographics

38
Median Age
3,911
Population Density (per sq. mile)
52%
College Educated
$66,759
Estimated Median Income
8,433
Estimated Total Home Owners
8,685
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3135 E PALO VERDE Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3135 E PALO VERDE Drive Market Data

Based on the last 30 days in this zip code

$863,583
Average List Price
$468
Average Price per Square Foot
30
Properties Sold
99
Average Days on Market
273
Properties for Sale
Calculations provided by Reliance Network

3135 E PALO VERDE Drive History

Date Event Value Agent
4/19/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$35,000 -12.5%
3/25/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$4,900,000 -1.1%
3/11/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
March 11, 2026
11/20/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
November 20, 2025
9/7/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
Closed
7/26/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
UCB (Under Contract-Backups)
6/28/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$2,195,000 -12.0%
5/23/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$2,495,000 -3.9%
5/7/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$2,595,000 -3.7%
4/30/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$2,695,000 -3.6%
3/16/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$2,795,000 -3.5%
2/22/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
February 22, 2024