tomo logo

$13,500,000

Beds
7
Baths
13.0
sq ft
17,701

7046 North 59th Place, Paradise Valley, AZ 85253

7046 North 59th Place

Paradise Valley, AZ 85253

  • 12 days on market
UNMATCHED 1031 VALUE! Most recently leased at 75K per month; move in immediately on Mummy Mountain to experience sweeping views of Camelback Mountain, vibrant City Lights, and the pinnacle of luxury + quality design. With 17,701 square feet of elegant living space, this opulent mansion offers an array of luxurious amenities to suit every taste, from a grand Ballroom perfect for art or car collectors to a full private gym/spa setup; adaptable spaces for exclusive fashion trunk shows. Enter through its private gates and be immersed in an atmosphere of exclusivity, capturing the sophistication of NYC or London in a truly exceptional estate. Most Valuable Now since the town of Paradise Valley changed its lot coverage rules; subterranean space counts towards lot coverage now. Voted Best Value! The scenic surroundings and enchanting panoramas serve as a perpetual reminder of the natural beauty that Paradise Valley graciously bestows upon this residence. Boasting 7 spacious bedrooms and an impressive 13 bathrooms, this home affords ample space for a large family or gracious entertaining. Inquire about our "Buy Now" and "Quick Occupancy" option.

Details

Property type

Single Family Residence

Est. home value

$11,083,926

Lot size

1.21 acres

Price per sq ft

$763

Year built

2014

Annual property taxes

$26,267

HOA

No

Price History

12/16/2024
ArizonaRegional

ArizonaRegional #6782313

Listed
$13,500,000
12/10/2024
ArizonaRegional

ArizonaRegional #6782313

Removed
$13,500,000
12/10/2024
ArizonaRegional

ArizonaRegional #6782313

Listed
$13,500,000
+20%

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

Morgan Stanley Private Bank Na

Loan start date

February 2022

Original loan amount

$6,750,000

Est. remaining balance

Not provided

Interest rate

2.4%

Loan type

New Conventional, 30 year

Seller

Wisley Investments 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?

Status: Active

Tomo last checked: 12/21/2024 at 11:55 PM

Listing updated: 12/18/2024 at 9:25 AM

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

MLS: ArizonaRegional #6782313

ArizonaRegional logo