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$7,795,000

Beds
8
Baths
8.5
sq ft
9,472

6440 East Stallion Road, Paradise Valley, AZ 85253

6440 East Stallion Road

Paradise Valley, AZ 85253

  • 165 days on market
    • Price drop $200,000↓
Exquisite very tranquil Paradise Valley Estate in the heart of Paradise Valley on a large 1.28 acre cul-de-sac lot. Expansive rooms with soaring ceilings and a large open floor space plan totaling 9400 sqft including two separate guest houses. There is plenty of natural light flooding the entire home with expansive covered patios. Seven bedrooms with one office / study with its own patio Each bedroom is a complete en-suite with walk-in closet and full bathroom. Total of 8.5 bathrooms with a gorgeous powder room. Meticulously cared for, the house is in immaculate condition with extensive updating and remodeling in the past 3 years. A gourmet kitchen with double Bosch dishwashers and Thermador double ovens and five burner cook top and warming oven. Large Subzeroes. A brand new expansive kitchen island with exotic onyx and granite with creative under granite lighting A custom wet bar with fresco in ceiling. Two wine cellars to accommodate 200 wine bottles. A beautiful large foyer in the entry way with Monèt fresco hand painted by a well known artist with a unique chandelier. New granite vanities in the secondary bedrooms with new flooring. 5 plus car garage with storage cabinets lining the walls and additional slab parking for more vehicles. A gym and a sitting room form part of the very large master bedroom suite. A free flowing glass tile pool and hot tub with jets with in floor cleaning system and water features and surrounded by lush landscape and date palms. The back yard is expansive with views of McDowell and Mummy Mountains. Large cantera barbecue island and a fire pit with cantera sitting for family and friends get together. This is an entertainer's dream. There are three large indoor gas fireplaces. The double guest houses can serve as two in-law accommodations or his and hers offices or play rooms or teenager hangouts. There is a full kitchen with laundry in the main guest house and a kitchenette in the second studio guest house. Each has its own walk-in closet and full bathroom. Both guest houses have high ceilings and have been completely renovated in 2023 with brand new appliances, vanities and plumbing fixtures and more This residence is also well suited for multigenerational home for family gatherings. The home is ideally located with in 15 minutes drive to both the Phoenix International Airport and the private Scottsdale Airport, the exotic shopping areas and fine dining restaurants of Old Town Scottsdale and North Scottsdale and schools and medical facilities. The large yard can also accommodate a pickle ball court. This estate awaits the most discerning of buyers.

Details

Property type

Single Family Residence

Est. home value

$4,896,284

Lot size

1.28 acres

Price per sq ft

$823

Year built

1999

Annual property taxes

$16,915

Price History

07/02/2024
ArizonaRegional

ArizonaRegional #6651475

Listed
$7,795,000
07/01/2024
ArizonaRegional

ArizonaRegional #6651475

Removed
$7,795,000
04/11/2024
ArizonaRegional

ArizonaRegional #6651475

Price change
$7,795,000
-2.5%

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

First Fidelity Bank

Loan start date

December 2023

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Credit Line (Revolving)

Seller

Sham M Vengurlekar and Sham M Vengurlekar Trust

Lender

Wells Fargo Bank Na

Loan start date

October 2020

Original loan amount

$2,140,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

New Conventional, 30 year

Seller

Sham Mohan Vengurlekar and Kathleen Florence Dundas

Lender

Capitol Commerce Mtg Co

Loan start date

June 2000

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

Not Provided, 30 year

Seller

Sham M Vengurlekar and Kathleen Dundas Vengurlekar

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 12:10 PM

Listing updated: 07/01/2024 at 5:13 PM

Listed by: Maximilian Schopen De Melo, America One Luxury Real Estate Phone #: (480) 905-8115

MLS: ArizonaRegional #6651475

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