Targeting completion in January, this 5-bedroom, 6-bathroom new-construction residence seamlessly pairs sleek contemporary design with effortless indoor-outdoor living, making it an exceptional primary home or high-yield turnkey investment/Airbnb property. An expansive, vaulted great room anchors the main level, featuring a 60-inch linear fireplace and glass sliders that open directly to a covered outdoor lounge with an integrated kitchen. The adjacent chef's kitchen boasts custom rift-cut white oak cabinetry, Sub-Zero and Wolf appliances, a generous island, and built-in wine storage. Designed for main-level convenience, the primary retreat features a walk-in closet and a spa bath with a freestanding tub and zero-entry shower. Two additional main-floor bedrooms, a flex room, laundry, mudroom, and powder room are surrounded by sunlit courtyards. Upstairs, two secondary bedroom suites accompany a private sky lounge with a linear fireplace and an expansive sky deck. Elevated with hardwood and tile flooring, a statement pivot entry door, smart automation, and a two-car garage, this home offers maximum guest capacity and versatile luxury spaces tailored for premier short-term rental appeal.
Monterey Arcadia, located between Camelback Road and Indian School Road, is a residential and resort-adjacent Scottsdale neighborhood with mid-century ranch streetscapes and mountain-view backdrops. The neighborhood’s character concentrates around the Scottsdale Road and Lincoln Drive corridor, where patios, galleries, and polished dining rooms set a low-key, after-dark hum. Architectural lines lean toward single-level homes, block construction, and updated desert-modern remodels behind mature landscaping. Arcadia Park adds shaded lawns and a loop of paths that shape daily routines. The Phoenician and its golf course edges the area with manicured greens and a resort pace. Scottsdale Fashion Square and Old Town’s arts blocks sit nearby for museums, boutiques, and late-night coffee.
Provided by Walk Score and Local Logic
Offer insights
7020 E Chaparral Rd · $3,995,000
$3.98M and above
75% chance or better to win
Why $3.98M+ is a strong offer
DAYS ON MARKET
24 days
The average home goes pending in 63 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Interior features
High-speed internet
Double vanity
Master bedroom on the main level
Eat-in kitchen
Breakfast bar
Vaulted ceilings
Kitchen island
Pantry
Primary suite with separate shower and tub
Tankless hot water heater
Fireplace
Bedrooms
Up to 8 possible bedrooms
Bathrooms
5 full bathrooms
1 half bathroom
Kitchen
Built-in microwave
Multiple ovens
Gas range and gas oven
Gas cooktop
Dishwasher
Disposal
Refrigerator
Laundry & utility
Washer and dryer included
Flooring
Tile flooring
Wood flooring
Heating & cooling
Natural gas heating
Central air conditioning
Exterior features
Private outdoor pool
Private spa
Outdoor pool
Balcony
Private yard
Built-in barbecue
Block fencing
Sprinklers front and rear with auto timers
Desert and natural desert landscaping in rear and front
Gravel/stone front
Synthetic grass front and back
North/South exposure
Home design
Single-family residence
Fee simple ownership
Parking
2 covered parking spaces
2 open parking spaces
Attached 2-car garage
Garage door opener
Circular driveway
Construction
Wood frame and block construction
Painted exterior
Metal roof
Utilities
Public sewer
HOA & community
No association fees
Biking/walking path in the community
Other
Directions: West on Chaparral from Scottsdale Rd; around the roundabout — property is on the right
Electricity and solar
View estimated energy costs and solar savings for this home
A rare opportunity to own on the quiet residential side / at the end of Chaparral—just steps from Fashion Square and Camelback Mountain. Whether you're looking to enjoy the existing home or build new, the choice is yours. This charming single-level home features thoughtful upgrades, including an open-concept kitchen, remodeled bathrooms, a gas fireplace, and stone flooring throughout. The split floor plan offers 3 beds, 2 baths, and a temp-controlled garage/laundry space. The spacious, lush backyard has mature fruit trees and a rooftop view deck capturing Camelback views. The north/south-facing lot is highly valuable, ideal for a custom new build like many neighboring luxury homes. The property has sewer hookup, and the location is especially quiet thanks to its position near a roundabout in a residential pocket. With no HOA, this is an incredible chance to live, invest, or create your dream home.
Public Records
Sep 19, 1997
Sold
$100,000
$24/sq ft
Public Records
Jun 1, 1995
Sold
$80,283
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,436 (+4.2%)
2024
$1,378 (+2.3%)
2023
$1,348 (+5.1%)
2022
$1,283 (−7.8%)
$7,430 + $29,740
$37,170
2021
$1,392 (+0.9%)
$6,820 + $27,290
$34,110
2020
$1,379 (+3.1%)
$6,470 + $25,890
$32,360
2019
$1,337 (+2.4%)
$6,210 + $24,870
$31,080
2018
$1,306 (+6.0%)
$6,210 + $24,870
$31,080
2017
$1,233 (+2.0%)
$4,780 + $19,120
$23,900
2016
$1,208 (+4.1%)
$3,630 + $14,550
$18,180
2015
$1,161 (+3.5%)
$3,650 + $14,600
$18,250
2014
$1,122 (−15.8%)
$2,820 + $11,300
$14,120
2013
$1,332 (−4.2%)
$3,170 + $12,690
$15,860
2012
$1,391 (−8.3%)
$3,450 + $13,800
$17,250
2011
$1,517 (+4.3%)
$4,090 + $16,360
$20,450
2010
$1,454
$4,530 + $18,120
$22,650
2009
$1,455
$5,820 + $23,300
$29,120
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
8,256 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,199
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,199
Year built
1952
Style
Single Family Residential
County
Maricopa County
APN
17322023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
R1-7
Single-Family Residential District
This district is intended to promote and preserve urban single-family residential development. Lot size permits the highest density of population attainable in a single-family residential district. The principal land use is a single-family dwelling. Uses incidental or accessory to dwellings, recreations, religious and educational facilities are included.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Senior
Public service
Communications tower
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 112° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Paradise Valley, AZ • 85253
Average low and high temperatures (°F)
68
45
77
52
84
57
86
61
94
70
104
79
106
84
107
84
98
78
91
67
76
53
73
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Paradise Valley. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7020 E Chaparral Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $2,130,000 and $4,600,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.1M to $4.6M.