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$19,995,000

Beds
4
Baths
7.0
sq ft
7,998

4301 E Upper Ridge Way, Paradise Valley, AZ 85253

4301 E Upper Ridge Way

Paradise Valley, AZ 85253

  • 92 days on market
Perched between two mountain peaks, the Upper Ridge Residence is an exquisite 8,000 +/- sf custom home on almost 7 acres of land that was designed and built by The Construction Zone. The home is a modern steel and glass pavilion that reaches the highest level of fit and finish in the industry. The home's double height entry is flooded with natural light from the overhead skylights which highlight the finished materials and house the handcrafted steel and glass staircase leading up to the main level. The primary spaces occupy the upper level which is clad almost entirely in glass and offers panoramic views of the Valley of the Sun. The lower level of the exterior is clad in rusticated limestone, giving a sense of solidity and grounding the house into the rocky site. The interior palette presents a serene contrast to the raw desert. A smooth, oversized neolith floor echo's the creamy tones of the stone walls and crisp interior steel detailing outlines the white walls. An overhead planked oak ceilings adds warmth to the space and ties into the custom millwork throughout the home. Sliding glass walls open to maximize the indoor/outdoor livability of the space. Whether entertaining by the fire under the steel and wood shade structure or floating in the rooftop pool, spectacular views of the city and distant mountains beyond can be appreciated year round. The primary bedroom has two separate walk-in closets with lighted cabinets and bronze mirrors. The two primary bathrooms include custom floating vanities by Ak Studio. One bathroom features a sculptural soaker tub by Boffi and the other features and unbelievable indoor/outdoor shower with starlight and city views. The detached private home office is accessed through custom sliding glass doors which lead you into the ebony wood clad space. It has 360-degree views, a lounge with custom fireplace and an amazing steel-clad bar. The home is Crestron fully automated with lighting, shade, climate, audio and video controls. To make the home accessible to all, the home is equipped with a a fully finished elevator located in close proximity to the staircase. The home theater room features a 135-inch projection screen with Dolby Atmos surround sound and 4k video. When not in use the blackout shades open to a stunning downtown city view. In addition to the home theater and fully outfitted gym on the lower level there is also a separate laundry room as well as two en suite guest rooms each with views spanning across the Valley. The four-car garage will showcase the finest of automobiles in a highly finished, conditioned space. At one end you'll find a specialty room accessed thru a custom sliding glass door. This steel-clad room could serve as a hobby space, art studio or an additional unique living space. Upper Ridge Way sits on a total of 3.45 acres which offers an extreme level of privacy. Finished in 2022, this exquisite home is incredibly unique and is sure to appeal to those with the most discerning of tastes.

Details

Property type

Single Family Residence

Est. home value

$7,186,285

Lot size

6.78 acres

Price per sq ft

$2,500

Year built

2021

Annual property taxes

$26,012

Monthly HOA fee

$375

Price History

09/20/2024
ArizonaRegional

ArizonaRegional #6760263

Listed
$19,995,000
+11.11%
06/04/2024
ArizonaRegional

ArizonaRegional #6608739

Removed
$17,995,000
05/15/2024
ArizonaRegional

ArizonaRegional #6608739

Price change
$17,995,000
-9.8%

Schools & Community

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

Community features: 

Gated

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

Bell Bank

Loan start date

October 2021

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

2.43%

Loan type

Credit Line (Revolving), 10 year

Seller

Michael T Cowley and F Lee Allen

Lender

Bell Bank

Loan start date

July 2021

Original loan amount

$4,320,000

Est. remaining balance

$3,997,877

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Michael T Cowley and F Lee Allen

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?

Status: Active

Tomo last checked: 12/22/2024 at 10:15 AM

Listing updated: 09/23/2024 at 12:09 PM

Listed by: Shawna Glazier, Bespoke Real Estate, LLC Phone #: (480) 221-9932

MLS: ArizonaRegional #6760263

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