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$9,695,000

Beds
5
Baths
6.5
sq ft
5,458

4451 East Joshua Tree Lane, Paradise Valley, AZ 85253

4451 East Joshua Tree Lane

Paradise Valley, AZ 85253

  • 167 days on market
    • Price drop $300,000↓
Recently completed award-winning Razor's Edge is a one-of-a-kind modern contemporary home designed by C.P. Drewett and built by BedBrock Developers. Truly an architectural triumph blending form and function with the natural desert environment. Finishes include Tuscan travertine stone which enhance impressive roof overhangs and black basalt which flows throughout. Retractable glass walls provide unobstructed views of Camelback Mountain. North South Facing. Oversized windows frame Mummy Mountain and the Phoenix Mountain Preserve to provide a 360-degree view. Interior finishes elevate its artistic exterior with a custom Snaidero Italian kitchen and wine room. Imported Italian floors, Ice Crystal Marble, Quartzite Taj Mahal stone and a St Gabriel leathered black granite bar and fireplace. Travertine massing joins impressive roof overhangs from beveled edges that 'blur the distinction between roof and walls.' 1,209 Sq Ft of livable outdoor space making a total 6,667 Sq Ft under the roof. The Snaidero Italian kitchen features a wine room and Wolf Sub-Zero appliances. Custom lighting is found throughout, and Italian porcelain tile embellishes the floors and extends to outdoor spaces. The Crestron Electronics system powers the home and professional landscaping adorns the property's perimeter. Winner of the 2021 Gold Nugget Award of Merit among many others, the home attained international recognition for best custom home 4000-6000 sq ft. Razor's Edge is a state-of-the-art modern contemporary masterpiece. The residence appears to soar above the desert floor, defying gravity, while the contrasting stone elements firmly ground the architecture to the unique site. The custom home is comprised of five bedrooms, a guest room with separate entrance, and a commanding upper game room which has 360-degree views through clerestory windows and adjacent patios. The interior design followed the architectural lines to the exterior and maintains the same proportion and scale on the inside. A conservative materials palette with clean lines exemplifies the home's contemporary aesthetic. Endless views from every room enhance the indoor/outdoor livability of the home. **See the Document tab for more details**

Details

Property type

Single Family Residence

Est. home value

$10,247,665

Lot size

0.83 acres

Price per sq ft

$1,777

Year built

2021

Annual property taxes

$12,326

Price History

05/17/2024
ArizonaRegional

ArizonaRegional #6652748

Price change
$9,695,000
-3%
04/18/2024
ArizonaRegional

ArizonaRegional #6652748

Price change
$9,995,000
-1.96%
03/07/2024
ArizonaRegional

ArizonaRegional #6652748

Price change
$10,195,000
-2.86%

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

Comerica Bank

Loan start date

April 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Credit Line (Revolving), 30 year

Seller

Stacy Lavon Fornara and Clifton John Moschnik

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: 07/04/2024 at 12:40 PM

Listing updated: 06/27/2024 at 9:43 AM

Listed by: Stacy Fornara, Modern Portfolio Real Estate Services Phone #: (480) 596-0001

MLS: ArizonaRegional #6652748

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