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$5,990,000

Beds
4
Baths
4.5
sq ft
4,305

5815 North Kiva Lane, Paradise Valley, AZ 85253

5815 North Kiva Lane

Paradise Valley, AZ 85253

  • 30 days on market
    • Open house Dec 22
For the refined buyer seeking exceptional craftsmanship, exquisite finishes, and a serene home with enduring grace and effortless comfort. Experience timeless sophistication in this one-of-a-kind Desert Jewel Box, ideally located in the heart of Paradise Valley, with breathtaking views of Camelback Mountain, the McDowell Mountains, Four Peaks, Mummy Mountain, and the Phoenix Mountain Preserve. Designed by acclaimed architect Susan Biegner of Biegner-Murff and expertly constructed by Nance Construction, this home showcases impeccable artistry and attention to detail, from its hand-applied lime wash to the steel windows, doors, and custom plaster fireplaces. Enter through the front courtyard into the formal living room, where sweeping views of Camelback Mountain and the iconic Praying monk greet you. The backyard oasis, complete with a sleek linear pool and lush landscaping, serves as the perfect focal point, visible from nearly every room. Sunlight pours over French Oak floors, creating an inviting and spacious atmosphere throughout the home's open floor plan. The family room, featuring a unique hand-plastered fireplace, flows seamlessly into the chef's kitchen, which boasts marble countertops, a waterfall island, a Sub-Zero refrigerator, and a La Cornue range. The kitchen overlooks the tranquil center courtyard, complete with a water feature and an Orchid tree, adding to the home's serene ambiance. Retreat to the primary suite with its spa-like bathroom, offering stunning views of Camelback Mountain, dual vanities, a glass-enclosed shower, a soaking tub, and an expansive walk-in closet. Each secondary bedroom includes en suite bathrooms, and the office or fourth bedroom features a private entrance from the center courtyard. The exterior grounds provide both privacy and space, with lush lawns, desert landscaping, and a sparkling pool with steps leading to a submerged spa. Whether relaxing under the ample shade or enjoying the desert's endless sunsets and starlit skies, this Paradise Valley home is an extraordinary retreat.

Details

Property type

Single Family Residence

Est. home value

$5,194,300

Lot size

1.09 acres

Price per sq ft

$1,392

Year built

2023

Annual property taxes

$5,762

HOA

No

Price History

11/22/2024
ArizonaRegional

ArizonaRegional #6776483

Listed
$5,990,000
08/01/2024
ArizonaRegional

ArizonaRegional #6625719

Removed
$5,990,000
11/07/2023
ArizonaRegional

ArizonaRegional #6625719

Listed
$5,990,000
+339.31%

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

Scottsdale Community Bank

Loan start date

June 2023

Original loan amount

$2,600,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Credit Line (Revolving)

Seller

Chad C Clark and Chad C Clark Living Trust

Lender

Tradition Capital Bank

Loan start date

June 2021

Original loan amount

$2,250,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Building or Construction Loan, 2 year

Seller

Chad Clark

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: 12/21/2024 at 10:50 PM

Listing updated: 12/21/2024 at 11:20 AM

Listed by: Wendy R Walker, The Agency Phone #: (480) 739-5110

MLS: ArizonaRegional #6776483

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