3135 E PALO VERDE Drive Phoenix, AZ 85016 Price Dropped by $54K

UPDATED: 04/24/2026 03:31 AM ON MARKET: 44 days on market

$4,900,000

5 Beds5 Baths6,012 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 6,012 sqft

Price per Sqft $815

Subdivision Alta Vista Park Unit 4

MLS Listing ID 6996511

Style Contemporary

Bedrooms 5

Full Baths 4

Half Baths 2

HOA Y/N No

Year Built 1995

Annual Tax Amount $16,789

Tax Year 2025

Lot Size 1.188 Acres

Acres 1.19

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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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