tomo logo

$6,499,650

Beds
7
Baths
11.0
sq ft
13,749

5455 West Ray Road, Chandler, AZ 85226

5455 West Ray Road

Chandler, AZ 85226

  • 297 days on market
    • Price drop $695,350↓
***Ignore Days On Market***Welcome to the Estate on Ray, a complete masterpiece nestled on over five acres in the heart of Chandler, Arizona's vibrant community. This stunning property offers the perfect blend of modern luxury and suburban charm, providing an exceptional living experience for discerning buyers. This one owner home, has been thoughtfully designed and well cared for offering future residents true luxury resort style living. As you enter the home under the porte-cochère, guests are greeted with massive solid 13' maple double doors, 24' soaring ceilings, a grand sweeping staircase, wall of glass and an abundance of natural light, creating an inviting atmosphere that exudes elegance. Retreat to the expansive master suite, featuring a sitting area, a fireplace, an office with wet bar and 2nd fireplace, a spa-inspired ensuite bath with a centerpiece skylight, dual vanities, twin water closets, a soaking tub, stackable washer and dryer, two walk-in closets, french doors to a private patio, private gym, spa and a dry sauna providing a sanctuary to escape the hustle and bustle of daily life. The recently updated kitchen features gas cooking with Wolf, Viking and Subzero stainless steel appliances featuring a vegetable fridge and bread warmer, two tone cabinetry including crafted wood arches over the large island, spacious walk in pantry and a beautiful view to the backyard oasis. Upstairs, each mini suite includes a fireplace, walk out patio, ensuite baths with soaking jetted tubs and shower. The list of features and benefits are long including imported Crema Marfil Marble flooring, over 2,000 s.f. of garage space, over 3,000 s.f. of covered patios, 8 fireplaces, 11 bathrooms, digital wifi heating and cooling (15 seer), two private casitas with separate entrances, walk in cooler, elevator for the 3 levels, a basement with a full bar, game room and a covered lower patio. The property features a remodeled pool, spa, swim up bar, sunken cabana, detached restroom and shower, spoiling the guests with a resort style experience. The property includes a detached storage shop for equipment and a climate controlled dog house. There is space enough to build a future pickleball court and a helipad! The property includes parking for 8 vehicles including a drive through garage. Additionally, the land is irrigated with an onsite well providing reusable water for the 2 lakes and grass areas, recycled back down to the well. The property could be split to accommodate two additional residences to be constructed on the north side of the lot. Additionally, 1.5 acres divided into two lots to the south of the lot may be available to the new owner as well. This home must be viewed in person to truly appreciate all that it offers.

Details

Property type

Single Family Residence

Lot size

5.21 acres

Price per sq ft

$473

Year built

1995

Annual property taxes

$28,986

HOA

No

Price History

12/10/2024
ArizonaRegional

ArizonaRegional #6667550

Removed
$6,499,650
10/01/2024
ArizonaRegional

ArizonaRegional #6667550

Listed
$6,499,650
09/05/2024
ArizonaRegional

ArizonaRegional #6667550

Price change
$6,499,650
-4.42%

Schools & Community

Elementary school: 

Kyrene del Milenio

Middle school: 

Kyrene del Pueblo Middle School

High school: 

Corona Del Sol High School

Community features: 

Gated, Playground

High school district: 

Tempe Union High School 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

Arizona Bank & Trust

Loan start date

June 2021

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

2.64%

Loan type

Credit Line (Revolving)

Seller

Jesus G Guerrero and Rose Marie Guerrero

Lender

Bank One Na

Loan start date

April 2003

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

5.79%

Loan type

Commercial

Seller

Jesse Guerrero and Rose Marie Guerrero

Lender

Bank One Na

Loan start date

January 2003

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

Commercial

Seller

Jesse Guerrero and Rose Marie Guerrero

Lender

National Bank Of Arizona

Loan start date

September 1995

Original loan amount

$800,000

Est. remaining balance

Not provided

Interest rate

7.82%

Loan type

Building or Construction Loan

Seller

Jesse Guerrero and Rose Marie Guerrero

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: 12/22/2024 at 5:45 PM

Listing updated: 12/10/2024 at 10:02 AM

Listed by: Steven Zajdzinski, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6667550

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