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$8,975,000

Beds
6
Baths
10.0
sq ft
11,499

6480 East El Maro Circle, Paradise Valley, AZ 85253

6480 East El Maro Circle

Paradise Valley, AZ 85253

  • 17 days on market
    • Open house Sep 21
THE BEST BUY of 2024...Just reduced $2,000,000 to the new incredible listing price. DO NOT MISS OUT! Nestled within the secure confines of El Maro's gated community stands a stunningly refurbished estate. As you step inside, you're greeted by panoramic mountain vistas & expansive interiors filled with natural light. An inviting billiards room adjoins the family area and kitchen, ideal for gatherings of all sizes. The formal dining and living spaces offer captivating views of the glistening pool, lush landscaping, sprawling golf course & mountains beyond. This exquisite home boasts a wine cellar, an exercise enclave, a theater for cinematic indulgence & a den/retreat with built-in bookshelves and desks. The main house comprises four en-suite bedrooms alongside a sumptuous master suite.. replete with balconies, a cozy fireplace, a spa-inspired bathroom, and a lavish closet just steps away, a wood-paneled office with awe-inspiring vistas awaits. Additionally, an attached guest casita provides a private haven complete with its own entrance, kitchen, laundry facilities, fireplace, and a separate bedroom with a full bath. The property features a lighted tennis court (or two pickleball courts), a four-car garage, and an elevator, among other refined upgrades, further enhancing the timeless allure of this breathtaking estate.

Details

Property type

Single Family Residence

Est. home value

$6,456,905

Lot size

1.26 acres

Price per sq ft

$781

Year built

2002

Annual property taxes

$18,121

Monthly HOA fee

$405

Price History

09/03/2024
ArizonaRegional

ArizonaRegional #6749693

Listed
$8,975,000
-10.06%
06/26/2024
ArizonaRegional

ArizonaRegional #6693041

Removed
$9,979,000
05/15/2024
ArizonaRegional

ArizonaRegional #6693041

Price change
$9,979,000
-8.87%

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

Community features: 

Gated, Golf

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

Columbia State Bank

Loan start date

July 2020

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Credit Line (Revolving)

Seller

Paul M Lee

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: 09/20/2024 at 8:40 AM

Listing updated: 09/18/2024 at 11:19 AM

Listed by: Christopher V Karas, Launch Powered By Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6749693

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