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$6,000,000

Beds
4
Baths
5.5
sq ft
5,486

4002 East Lamar Road, Paradise Valley, AZ 85253

4002 East Lamar Road

Paradise Valley, AZ 85253

  • 161 days on market
Perched majestically on a high mountainside in the prestigious Paradise Valley, this architectural masterpiece offers an unparalleled blend of luxury, modernity, and panoramic vistas. As you step inside, be prepared to be awe-struck by the soaring 20-foot ceilings adorned with sleek lines and meticulous craftsmanship. Floor-to-ceiling windows seamlessly merge the interior with the breathtaking outdoor landscape, inviting natural light to flood every corner of the home and showcasing the sweeping views of the valley below. The bespoke bar, a focal point of the living space, is a testament to bespoke design, offering a compelling setting for entertaining guests or enjoying quiet evenings in. Step outside onto the covered terrace, an entertainer's dream space, where you can savor the cool desert breeze while lounging by the heated pool or hosting al fresco gatherings under the vast Arizona sky. The property is privately gated, ensuring utmost exclusivity and security, while the expansive 2.26-acre lot provides ample space for privacy and relaxation. Inside, discover four en-suite bedrooms, each boasting private patios that offer intimate retreats amidst the stunning surroundings. A thoughtfully designed powder room adds convenience and sophistication to the main living area. Spanning 5,486 square feet, this modern sanctuary is a testament to contemporary elegance, seamlessly integrating a SMART home system to enhance comfort and convenience. From every room, captivating views unfold, creating an immersive living experience that celebrates the beauty of its natural surroundings. With the added bonus of a splittable lot, this property offers endless possibilities for expansion or investment. Whether you seek a serene retreat or a luxurious oasis for entertaining, this Paradise Valley gem promises a lifestyle of unparalleled luxury and refinement.

Details

Property type

Single Family Residence

Est. home value

$3,789,833

Lot size

2.26 acres

Price per sq ft

$1,094

Year built

1974

Annual property taxes

$11,085

Price History

04/27/2024
ArizonaRegional

ArizonaRegional #6697810

Listed
$6,000,000
+226.98%
05/08/2015
ArizonaRegional

ArizonaRegional #5213139

Sold
$1,835,000

Schools & Community

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

High school district: 

Scottsdale Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Equitable Home Mortgage Inc

Loan start date

May 2015

Original loan amount

$1,468,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Izhak Ben Shabat

Lender

Equitable Home Mortgage Inc

Loan start date

March 2015

Original loan amount

$1,468,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

Izhak Ben Shabat

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/05/2024 at 5:25 PM

Listing updated: 09/26/2024 at 7:39 PM

Listed by: Michel Edery, Russ Lyon Sotheby's International Realty Phone #: (480) 287-5200

MLS: ArizonaRegional #6697810

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