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$6,975,000

Beds
5
Baths
7.0
sq ft
8,866

6800 East Caballo Drive, Paradise Valley, AZ 85253

6800 East Caballo Drive

Paradise Valley, AZ 85253

  • 86 days on market
    • Price drop $525,000↓
    • Open house Nov 16
This distinguished residence, inspired by the elegance of Santa Barbara and situated in the heart of Paradise Valley, epitomizes luxury with its unparalleled finishes on a secluded and verdant corner lot. The property exudes an impressive street presence, drawing you in with its meticulous details and sophisticated design from the moment you arrive. Inside, the home boasts dramatic high ceilings adorned with custom elements, new designer lighting, and pristine white Venetian plaster, creating an immediate sense of grandeur. The interiors are further enhanced by exquisite stone and wood flooring, Cantera stone fireplaces, and custom furniture-grade cabinetry, all contributing to an ambiance of refined luxury. The formal living and dining areas seamlessly transition to a gourmet kitchen and family room, which features an updated wet bar. Additional highlights include a charming powder room and an 800-bottle wine room, both serving as elegant finishing touches. The ground floor is dedicated to a luxurious owner's retreat, complete with a spa-like bath, expansive dressing areas, and custom-built cabinetry, offering an unparalleled sanctuary. Also on the first level is a fully appointed guest suite, featuring a separate living area, bedroom, and full bath, ensuring a private and comfortable experience for visitors. The well-designed home theatre, equipped with custom paneling and a full bath, adds to the entertainment options available on this floor. A grand foyer staircase leads to the second level, where guest accommodations include a loft corridor overlooking the family room and kitchen. This level offers an ensuite bedroom with a full bath, an additional bedroom with a bath, and a versatile game room and additional laundry-room. The property also features a fully appointed guest house, which includes a spacious living room, kitchen, half bath, bedroom with a full bath, and laundry facilities ideal for live-in family members or long-term guests. The expansive backyard is designed for entertaining and relaxation, featuring ample covered patio space, a refreshing pool and spa, a BBQ area, and lush, mature landscaping. This home is a paragon of elegance and embodies the quintessential Paradise Valley lifestyle.

Details

Property type

Single Family Residence

Est. home value

$5,131,472

Lot size

1.02 acres

Price per sq ft

$787

Year built

2006

Annual property taxes

$11,691

Monthly HOA fee

$58.33

Price History

11/14/2024
ArizonaRegional

ArizonaRegional #6746023

Price change
$6,975,000
-7%
08/21/2024
ArizonaRegional

ArizonaRegional #6746023

Listed
$7,500,000
+111.27%
03/02/2021
ArizonaRegional

ArizonaRegional #6109586

Sold
$3,550,000
+12.7%

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

$5,044,010
Asking price
$6,975,000
Closing costs (~8% of asking)
-$558,000
Est. remaining loan balance
-$1,372,990
Cash to seller
$5,044,010

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2021

Original loan amount

$1,499,000

Est. remaining balance

$1,372,990

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Renwick Congdon and Kirsten Congdon

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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6110 East Caballo Lane, Paradise Valley, AZ 85253

Status: Active

Tomo last checked: 11/14/2024 at 7:45 PM

Listing updated: 11/14/2024 at 3:05 PM

Listed by: Jennifer Bolen, Russ Lyon Sotheby's International Realty Phone #: (480) 287-5200

MLS: ArizonaRegional #6746023

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