4002 E MCDONALD Drive, Paradise Valley, AZ 85253 (MLS# 6932016)

4002 E MCDONALD Drive, Paradise Valley, AZ 85253

$1,895,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,450 Lot Size (sq. ft.): 31,914 Status: Active

Current Price: $1,895,000 Last Modified: 3/13/2026

Description

Prime Paradise Valley redevelopment opportunity. Situated on a 0.73 acre corner lot, the property is ready for a full remodel or custom new build. Existing 1959 structure offers flexibility for investors, builders, or end users seeking a custom project. No HOA, strong surrounding values, and excellent visibility along McDonald Drive, ideal for a modern estate or design driven spec build. Here's your chance to showcase your creativity and design your masterpiece in a high demand PV location. Buyer to verify all measurements.

Open Houses

Sunday, March 15, 1:00 pm - 3:00 pm

More Information MLS# 6932016

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $1,895,000 Status: Active Current Price: $1,895,000 List Date: 2025-10-10

Location, Tax & Legal

Assessor's Map #: 7 Legal Description (Abbrev): LOT 1 SHORT HILLS MCR 007111 Assessor's Parcel #: 2 Tax Municipality: Paradise Valley Taxes: 3859 House Number: 4002 Compass: E Street Name: MCDONALD St Suffix: Drive City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 3930 County Code: Maricopa Assessor Number: 171-07-002 Subdivision: SHORT HILLS Tax Year: 2024

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 3 Half Bathrooms: 0 Approx SQFT: 2450 Price/SqFt: 773.47 Approx Lot SqFt: 31914 Approx Lot Acres: 0.733 Horses: N Builder Name: -- Lead Based Hazard Disclosure: Yes Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Echo Canyon K-8 Jr. High School: Echo Canyon K-8 High School: Arcadia High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 3 Year Built: 1959

Legal Info

Range: 4E Section: 18 Township: 2N Lot Number: 1

Special Listing Cond

N/A: 1

Construction

Block: 1 Steel Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Tub with Jets: 1

Additional Bedroom

Separate Bedroom Exit: 1 Master Bedroom Walk-in Closet: 1

Add'l Property Use

None: 1

Fireplace Features

Wood Burning: 1 Fireplace Family Rm: 1

Flooring

Carpet: 1 Tile: 1

Private Pool Features

Outdoor: 1 Fenced: 1

Dining Area

Eat-in Kitchen: 1 Dining in LR/GR: 1

Heating

Natural Gas: 1

View

Mountain(s): 1

Kitchen Features

Dishwasher: 1 Built-in Microwave: 1 Refrigerator: 1 Electric Cooktop: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Great Room: 1 Guest Qtrs-Sep Entrn: 1

Separate Den/Office

Sep Den/Office Y/N: N

Road Access Type

City Street: 1

Road Surface Type

Paved: 1

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

Pvt Water Company: 1

Exterior Features

Built-in BBQ: 1 Covered Patio(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 1 Total Covered Spaces: 2 Garage Spaces: 2

Parking Features

Circular Driveway: 1 Attached Garage: 1 Garage Door Opener: 1

New Financing

Cash: 1 VA: 1 Conventional: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Corner Lot: 1

Landscaping

Gravel/Stone Back: 1 Desert Front: 1 Desert Back: 1 Grass Back: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: 40th Street and Camelback Directions: Property is located 1.2 miles north of Camelback Road, at the intersection of Mcdonald Drive and 40th Street. Geo Lat: 33.524375 Geo Lon: -111.994692

Property Features

Special Listing Cond: N/A Add'l Property Use: None View: Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Tub with Jets Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Wood Burning; Fireplace Family Rm Flooring: Carpet; Tile Private Pool Features: Outdoor; Fenced Spa: None Dining Area: Eat-in Kitchen; Dining in LR/GR Kitchen Features: Electric Cooktop; Dishwasher; Built-in Microwave; Refrigerator Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room; Great Room; Guest Qtrs-Sep Entrn Technology: Cable TV Avail; High Speed Internet Exterior Features: Built-in BBQ; Covered Patio(s) Parking Features: Circular Driveway; Attached Garage; Garage Door Opener Road Access Type: City Street Road Surface Type: Paved Construction: Block; Steel Frame Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Utilities: SRP; SW Gas Water Source: Pvt Water Company Sewer: Sewer - Public Fencing: Block Property Description: Corner Lot Landscaping: Gravel/Stone Back; Desert Front; Desert Back; Grass Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail

Listing Office: Keller Williams, Professional Partners

Last Updated: March - 13 - 2026