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$2,175,000
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Property Description
NEW CONSTRUCTION! Now offered at a compelling value for Lower Arcadia NEW BUILD. Modern-cottage warmth meets elevated design-- complete with a Brand new pool and Camelback Mountain views! A three-panel steel patio door frames the view from the entry and opens to a private yard designed for easy entertaining: sculptural water curtain, twin gas fire features, and low-maintenance landscaping. Inside, natural tones (soft greens/blues), walnut accents, and micro-cement details create a calm, cohesive palette. The plan includes a serene primary retreat with a private coffee patio, plus a separate ensuite flex room opening to the pool--ideal as a guest suite, studio, or office...(SEE MORE).... 2025 New Construction The chef's kitchen flows to the great room, anchored by a floor-to-ceiling charcoal stone-tile fireplace. Grounds are fully finished with Ficus privacy screening and drip irrigation. Move-in ready and crafted with meticulous attention to detail.
Full Property Details
Full Property Details for 5420 E Verde Ln
General
- Price: $2,175,000
- Taxes: $2,407 (2024)
- Status: Under Contract
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6932781
- Updated: 1/7/2026
- Added to Site: 82 day(s) ago
Interior
- Interior Features: Double Vanity, See Remarks, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Gas Cooktop
- Flooring: Other, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Additional Information
- Pool: Yes
- Pool Description: Outdoor
Exterior
- Exterior Features: Other, Built-in Barbecue
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener
Location
- County: Maricopa
- Township: 2N
- Subdivision: SHERWOOD TOWNE LOTS 1-8, 41-46
- Cross Streets: 54th and Thomas
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Builder: KBBS Development
- Exterior Const.: Spray Foam Insulation, Synthetic Stucco, Wood Frame, Stone
- Roof: Composition, Other
- Windows: Dual Pane
- Sq. Ft. Source: Builder
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 8,934
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Alley, Dirt Back, Synthetic Grass Frnt, Synthetic Grass Back
Green Features
- Water Conservation: Tankless Ht Wtr Heat
Financial Considerations
- Tax Amount: $2,407
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 50 SHERWOOD TOWNE LOTS 1-8, 41-46 MCR 005732
- Property ID: 128-25-036
- Range: 4E
- Section: 29
- Lot Number: 50
Listed by West USA Realty
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Schools
Schools serving 5420 E Verde Ln
School District:Scottsdale Unified District
| Name | Grades | Distance |
|---|---|---|
Tavan Elementary School 4610 East Osborn Road, Phoenix, AZ 85018 | PK-5 | 1.2 mi |
Ingleside Middle School 5402 East Osborn Road, Phoenix, AZ 85018 | 6-8 | 0.5 mi |
Arcadia High School 4703 East Indian School Road, Phoenix, AZ 85018 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5420 E Verde Ln
Date
Details
Price
Change
Source
12/28/2025
Price Reduced
$2,175,000
-0.23%
MLS
11/03/2025
Price Reduced
$2,180,000
-4.39%
MLS
10/26/2025
Listed
$2,280,000
210.2%
MLS
12/09/2024
Sold
$735,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5420 E Verde Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,521
5%
$65,800
16%
2024
$2,407
2%
$56,830
-8%
2023
$2,359
4%
$61,670
17%
2022
$2,262
—
$52,610
41%
2022
$2,262
-4%
$37,370
5%
2021
$2,345
2%
$35,720
1%
2020
$2,310
4%
$35,220
2%
2019
$2,224
4%
$34,500
9%
2018
$2,138
4%
$31,680
1%
2017
$2,055
3%
$31,360
13%
2016
$2,002
25%
$27,800
15%
2015
$1,598
3%
$24,180
25%
2014
$1,557
7%
$19,270
18%
2013
$1,453
—
$16,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5420 E Verde Ln
5420 E Verde Lane, Phoenix, AZ 85018 (MLS# 6932781) is a Single Family property with 5 bedrooms and 4 full bathrooms. 5420 E Verde Lane is currently listed for $2,175,000 and was received on October 26, 2025. Want to learn more about 5420 E Verde Lane? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

