5333 E PALOMINO ROAD for sale in Phoenix, Arizona

$4,950,000

**EXCLUSIVE PRE-CONSTRUCTION OFFERING** Pool & exterior grounds are currently undergoing a $500k renovation with estimated completion in July. $1.5M interior renovation project will begin shortly after (floor plan avail. upon request). Home is being offered for sale prior to interior renovation phase at a smaller price tag - a perfect opportunity to claim your piece of Arizona history*** This is a private estate from the original 65 acre parcel of the Royal Palms Resort. Nicknamed, ''El Palacio'' the estate was built for entertaining & yet has a cozy at home feeling to enjoy living areas with family & guests alike. Just over 10,000 sf with over 1.2 acres of lush grounds, the original interior cost over $1000/sf & upgrades cost $14M apx. during the first 8 years after it was built. MUST S

Details
Property Class: Residential
Type: Single Family - Detached
Listing Status: Active
City: Phoenix
Area: Phoenix
Subarea: HIGHLANDS 3
County: Maricopa
State: AZ
Beds: 4.00
Baths: 10.00
Living Area (SqFt): 10031 sq. ft.
Carport Spaces: 2.00
Year Built: 1998.00
Listing#: 5252636
List Date: 3/18/2015
Dwelling Type: Single Family - Detached
Ownership: Fee Simple
Class: Single Family
Property Subtype: Single Family - Detached
Approx Lot Size: 1.196
Stories: 2
Fireplaces: Yes
Pool: Yes

Additional Bedroom: Mstr Bdr Walkin Clst, Separate Bdrm Exit, Other Bdrm Split, Mstr Bdrm Sitting Rm
Building Style: String
Construction: Block, Frame - Wood
Exterior Features: Balcony/Deck(s), Storage Shed(s), Pvt Yrd(s)/Crtyrd(s), Patio, Gazebo/Ramada, Circular Drive, Childrens Play Area
Fencing: Block, Other (See Remarks)
Kitchen Features: Granite Countertops, Wall Oven(s), Range/Oven Gas, Pantry, Kitchen Island
Laundry: Inside Laundry, Wshr/Dry HookUp Only
Other Rooms: Bonus/Game Room, Media Room, Loft, Library-Blt-in Bkcse, Guest Qtrs-Sep Entrn, Family Room
Pool - Private: Diving Pool, Pool - Private
Spa: Above Ground Spa, Spa - Private, Spa - Heated
Unit Style: Two Levels
Architecture: Other (See Remarks)
Association Fee Incl: No Fees
Cooling: Refrigeration
Energy/Green Feature: Multi-Zones
Fireplace: 3+ Fireplace, Two Way Fireplace, Fireplace Master Bdr, Fireplace Living Rm, Fireplace Family Rm, Firepit, Exterior Fireplace
Heating: Electric Heat
Master Bathroom: Bidet, Separate Shwr Tub, Full Bth Master Bdrm, Double Sinks
New Financing: 1031 Exchange, Conventional, Cash
Property Description: City Light View(s), North/South Exposure, Mountain View(s)
Sewer: Septic, Sewer in Cnctd
Utilities: SRP, SW Gas
Assoc Rules/Info: None
Const - Finish: Painted, Stucco
Dining Area: Breakfast Bar, Formal, Breakfast Room
Features: Skylight(s), Wet Bar(s), Vaulted Ceiling(s)
Flooring: Tile, Wood
Landscaping: Yrd Wtring Sys Back, Yrd Wtring Sys Front
Master Bedroom: Downstairs
Parking Features: Detached, Side Vehicle Entry
Roofing: Foam
Technology: Cable TV Avail, Security Sys Owned
Water: City Water


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