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$879,000

  • For Sale
  • Under Contract
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 0.18 Acres
  • 2 Car Garage
  • Updated 16 hours ago
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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. 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.

Full Property Details for 5121 E Wallace Ave

General

  • Price: $879,000
  • HOA FEE: $50/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $4,032 (2025)
  • Status: Under Contract
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6998662
  • Updated: 4/3/2026
  • Added to Site: 19 day(s) ago

Interior

  • Interior Features: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Separate Shwr & Tub
  • Appliances: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Pool: Yes
  • Pool Description: Outdoor, Fenced

Exterior

  • Exterior Features: Private Yard

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Off Street, Attached Garage, Garage Door Opener, Direct Access

Location

  • County: Maricopa
  • Township: 3N
  • Subdivision: PALOS VERDES RANCH
  • Cross Streets: 52nd St & Bell Rd

Community

  • Association: Yes
  • Assoc. Name: Palos Verdes Ranch
  • Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Forced Air, Electric

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Ranch, Spanish,
  • Exterior Const.: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Windows: Dual Pane
  • Sq. Ft. Source: Assessor
  • Year Built: 1998

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,800
  • Lot Size Source: Assessor
  • Frontage: Paved, Asphalt
  • Lot Features: North/South Exposure, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back

Financial Considerations

  • Association Fee: $150
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $4,032
  • Tax Year: 2025
  • Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 70 PALOS VERDES RANCH MCR 040501
  • Property ID: 215-32-563
  • Range: 4E
  • Section: 5
  • Lot Number: 70

Listed by Russ Lyon Sotheby's International Realty

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Listing agents

— 5121 E Wallace Ave —

  • Russ Lyon Sotheby's International Realty

  • Russ Lyon Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5121 E Wallace Ave

School District:Paradise Valley Unified District
NameGradesDistance
Whispering Wind Academy
15844 North 43rd Street, Phoenix, AZ 85032
PK-61.3 mi
Horizon High School
5601 East Greenway Road, Scottsdale, AZ 85254
9-121.3 mi
Sunrise Middle School
4960 East Acoma Drive, Scottsdale, AZ 85254
7-81.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5121 E Wallace Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/16/2026
Listed
$879,000
385.02%
MLS
12/24/1997
Sold
$181,231
—
Public Record
Get Price Alerts and Save Property
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 for 5121 E Wallace Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,032
3%
$78,400
10%
2024
$3,927
-4%
$70,970
-6%
2023
$4,074
1%
$75,660
24%
2022
$4,033
—
$61,180
28%
2022
$4,033
—
$47,800
12%
2021
$4,045
3%
$42,850
11%
2019
$3,925
—
$38,600
-4%
2020
$3,920
3%
$40,250
13%
2018
$3,796
4%
$35,710
4%
2017
$3,639
2%
$34,500
3%
2016
$3,578
26%
$33,460
4%
2015
$2,829
5%
$32,250
25%
2014
$2,684
9%
$25,720
16%
2013
$2,469
—
$22,220
—
View All
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 for 5121 E Wallace Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Russ Lyon Sotheby's International Realty

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5121 E Wallace Avenue, Scottsdale, AZ 85254 (MLS# 6998662) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5121 E Wallace Avenue is currently listed for $879,000 and was received on March 16, 2026. Want to learn more about 5121 E Wallace Avenue? Do you have questions about finding other Single Family real estate for sale in Scottsdale? You can browse all Scottsdale real estate or contact a Coldwell Banker agent to request more information.

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