5121 E WALLACE Avenue, Scottsdale, AZ 85254

New Listing
$879,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,215 Lot Size (sq. ft.): 7,800 Status: Active
Current Price: $879,000 List Date: 3/16/2026 Last Modified: 3/16/2026

Description

Beautifully updated single-level pool home in Scottsdale's coveted 85254 zip code, featuring a split floor-plan, dedicated office, and upgrades throughout. Perfectly positioned in a quiet and private setting, this refreshed residence offers a Scottsdale address with Phoenix municipal services. The home offers 3 bedrooms, 2 bathrooms, and a dedicated office/den arranged within a desirable split floor-plan, providing privacy for the primary suite while maintaining an easy flow for everyday living and entertaining. Recent improvements create a crisp, modern feel throughout the home, including a brand-new roof (2026), new flooring (2026), and fresh interior paint (2026), making the property truly move-in ready.

Supplements: The backyard offers a quiet and private retreat with a sparkling in-ground pool, perfect for relaxing afternoons or entertaining under Arizona's endless sunshine. Additional highlights include a 2-car garage and low HOA dues. Ideally located just minutes from some of the Valley's most desirable lifestyle destinations including Kierland Commons, Scottsdale Quarter, Desert Ridge Marketplace, and Paradise Valley, offering exceptional dining, shopping, and entertainment. A rare opportunity to own a beautifully updated home in one of the valley's most sought-after locations.

More Information MLS# 6998662

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $879,000 Status: Active Current Price: $879,000 List Date: 2026-03-13

Location, Tax & Legal

Assessor's Map #: 32 Legal Description (Abbrev): LOT 70 PALOS VERDES RANCH MCR 040501 Assessor's Parcel #: 563 Tax Municipality: Phoenix Taxes: 4032 House Number: 5121 Compass: E Street Name: WALLACE St Suffix: Avenue City/Town Code: Scottsdale State/Province: AZ Zip Code: 85254 Zip4: 1069 County Code: Maricopa Assessor Number: 215-32-563 Subdivision: PALOS VERDES RANCH Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 2215 Price/SqFt: 396.84 Approx Lot SqFt: 7800 Approx Lot Acres: 0.179 Flood Zone: No Horses: N Builder Name: Unknown Elementary School District: Paradise Valley Unified District High School District: Paradise Valley Unified District Elementary School: Whispering Wind Academy Jr. High School: Sunrise Middle School High School: Horizon High School Community Pool Y/N: No Private Pool Y/N: Yes Planned Comm Name: PALOS VERDES RANCH Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 1998

Legal Info

Range: 4E Section: 5 Township: 3N Lot Number: 70

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 0 HOA Fee: 150 HOA Paid Frequency: Quarterly HOA Name: Palos Verdes Ranch HOA Telephone: 602.863.3600 HOA Management Company: 360 Prop Mgt. Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 150 Disclosure Fees HOA: 400 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 50

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Architecture

Ranch: 1 Spanish: 1

Master Bathroom

Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Split: 1 Master Bedroom Walk-in Closet: 1

Flooring

Carpet: 1 Tile: 1

Window Features

Dual Pane: 1

Private Pool Features

Outdoor: 1 Fenced: 1

Dining Area

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

Heating

Forced Air: 1 Electric: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Electric Range: 1 Built-in Microwave: 1 Refrigerator: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1 No Interior Steps: 1 Water Softener Owned: 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: Y

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1 Paved: 1

Road Responsibility

City Maintained Road: 1

Technology

3+ Exist Tele Lines: 1 Cable TV Avail: 1 High Speed Internet: 1

Fencing

Back Yard: 1 Block: 1 Wrought Iron: 1

Water Source

City Water: 1

Exterior Features

Covered Patio(s): 1 Patio: 1 Pvt Yrd(s)/Crtyrd(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

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

Parking Features

Attached Garage: 1 Direct Access: 1 Garage Door Opener: 1 Off Street: 1

Foundation Details

Slab: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1

Plumbing

Electric Hot Wtr Htr: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

North/South Exposure: 1

Landscaping

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

Services

City Services: 1

Items Updated

Floor Yr Updated: 2026 Floor Partial/Full: Partial Roof Yr Updated: 2026 Roof Partial/Full: Full Pool Yr Updated: 2026 Pool Partial/Full: Partial

Unit Style

All on One Level: 1

Disclosures

Seller Discl Avail: 1 Vicinity of an Airport: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Rental OK (See Rmks): 1 Self Managed: 1

Remarks Misc

Cross Street: 52nd St & Bell Rd Directions: From Bell Rd, head S on 52nd St, W on Wallace Ave to property on S side of Street Geo Lat: 33.639689 Geo Lon: -111.969688

Property Features

Special Listing Cond: N/A Architecture: Ranch; Spanish Master Bathroom: Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet Flooring: Carpet; Tile Window Features: Dual Pane Private Pool Features: Outdoor; Fenced Spa: None Dining Area: Eat-in Kitchen; Dining in LR/GR Kitchen Features: Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters Laundry: Washer Included; Dryer Included Foundation Details: Slab Interior Features: Vaulted Ceiling(s); No Interior Steps; Water Softener Owned Technology: 3+ Exist Tele Lines; Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s) Parking Features: Attached Garage; Direct Access; Garage Door Opener; Off Street Road Access Type: City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Forced Air; Electric Plumbing: Electric Hot Wtr Htr Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Back Yard; Wrought Iron; Block Property Description: North/South Exposure Landscaping: Gravel/Stone Front; Gravel/Stone Back; Desert Front; Desert Back Lockbox Type: Supra Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Vicinity of an Airport
Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: March - 16 - 2026
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