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
Documents
Listing Office:
Russ Lyon Sotheby's International Realty
Last Updated: March - 16 - 2026
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