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$4,995,000

Beds
7
Baths
6.5
sq ft
7,119

5601 East Caballo Drive, Paradise Valley, AZ 85253

5601 East Caballo Drive

Paradise Valley, AZ 85253

  • 50 days on market
    • Price drop $395,000↓
Nestled in the heart of a prestigious neighborhood of Paradise Valley, this stunning home offers a rare blend of luxury, comfort, and convenience. Boasting 7 bedrooms and 6.5 bathrooms, this meticulously renovated residence spans 7,119 square feet of living space, ensuring ample room for both relaxation and entertainment. As you step inside to discover a seamless fusion of modern elegance and timeless charm. The open-concept layout enhances the flow between the spacious living areas, which are adorned with High-end Wood Tile flooring from NY and large custom windows and doors that flood the interiors with natural light. The gourmet kitchen is a chef's dream, featuring top-of-the-line Kohler appliances, enormous island with 2 dishwashers, 2 refrigerators and freezer surrounded by custom cabinetry, sleek Quartz countertops, ideal for culinary enthusiasts and hosting gatherings. The private quarters including the Casita, offer a tranquil retreat from the hustle and bustle of daily life. Each bedroom is generously sized and showcases its own bathroom, mesmerizing views and walk-in spacious closets. The master suite is particularly inviting, boasting a spa-like ensuite bathroom complete with Quartz Countertops, creating a haven of relaxation. This home is equipped with iPad controlled smart home technology, energy efficient appliances and security system, ensuring comfort, convenience, and peace of mind. A beautifully designed spacious office provides versatility to accommodate various lifestyle needs. Situated in a highly coveted area of the Valley overlooking Mummy Mountain, residents enjoy proximity to schools, shopping centers, and fine dining, offering a lifestyle of convenience and accessibility. This exceptional residence represents a rare opportunity to own a sophisticated home that combines luxury with functionality. Whether enjoying quiet moments indoors or hosting gatherings, this property exemplifies the pinnacle of modern living. Schedule your private showing today and envision yourself living in this unparalleled home.

Details

Property type

Single Family Residence

Est. home value

$5,724,888

Lot size

1.01 acres

Price per sq ft

$702

Year built

1988

Annual property taxes

$11,986

Price History

09/07/2024
ArizonaRegional

ArizonaRegional #6733233

Price change
$4,995,000
-7.33%
08/16/2024
ArizonaRegional

ArizonaRegional #6733233

Price change
$5,390,000
-6.7%
07/19/2024
ArizonaRegional

ArizonaRegional #6733233

Listed
$5,777,000
+6%

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

High school district: 

Scottsdale Unified District

Negotiation Insights

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

Seller could get up to

$1,612,816
Asking price
$4,995,000
Closing costs (~8% of asking)
-$399,600
Est. remaining loan balance
-$2,982,584
Cash to seller
$1,612,816

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Loan Capital

Loan start date

January 2024

Original loan amount

$3,000,000

Est. remaining balance

$2,982,584

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Tickling Bear Llc

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: 09/07/2024 at 6:45 PM

Listing updated: 09/06/2024 at 10:08 PM

Listed by: Brenda Wee, West USA Realty Phone #: (602) 942-4200

MLS: ArizonaRegional #6733233

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