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$7,800,000

Beds
5
Baths
4.5
sq ft
5,088

7155 East Oakmont Drive, Paradise Valley, AZ 85253

7155 East Oakmont Drive

Paradise Valley, AZ 85253

  • 54 days on market
    • Price drop $2,000,000↓
This award-winning luxury vacation rental estate, which A-list celebrities have rented for $51K per month, is an architectural masterpiece that is located in the exclusive Camelback Country Club Estates in Paradise Valley, Arizona, which is the most expensive zip code in the Southwest United States, just 10 minutes from downtown Scottsdale and the Scottsdale SDL Private Airport. This singular, light-bathed, ethereal estate is perched on an elevated corner lot with sweeping views over a Ritz Carlton Camelback championship golf green. At night, this home controls the floodlighting of the golf green, illuminating the flag of Hole Three just 45 feet away against the stunning nightscape. This ethereal estate is reminiscent of a Roman palace with symmetrical, reflective designs that would make even the Taj Mahal blush while seamlessly blending grandeur with modern luxury, creating a living experience that feels both timeless and otherworldly. This home is more than just a residenceit is a private resort, a legacy, and a work of art. It boasts a stunning location, as it is a corner lot close to the golf green, in the center of the neighborhood at the heart of the golf course. This elevated lot provides 360-degree mountain views while towering over all other homes in the neighborhood. The home encircles a private, walled interior courtyard enclave, ensuring that this estate cannot be replicated anywhere in the world. The corner elevated lot with a golf green and mountain views is not just one-of-a-kind but one-of-one. The home is surrounded by verdant lawns, three mature citrus gardens, and 33 tall eucalyptus, orange, and palm trees, while the Audubon Sanctuary of birds provides a melodious backdrop for 360-degree mountain views. The home's breathtaking enclosed courtyard design includes five ensuite bedrooms, a library/office, a gym, and a four-car garage with a carport. Every bedroom is an ensuite retreat offering unique features like Zen citrus gardens, private courtyards, or expansive decks. The master wing boasts a private sitting room, a gym/massage room, a walk-in closet, a water closet, a jacuzzi tub beneath a skylight, a four-headed multi-directional shower, and an authentic Finnish sauna. The master suite opens directly into both a private courtyard and a Zen citrus garden. This beautiful fortress of walled privacy has a one-of-a-kind, massive enclosed interior courtyard with a heated Roman swimming pool and outdoor shower that are supremely private, making it perfect for skinny-dipping. This courtyard also features 42 regal light fixtures, Grecian columns, and a 12-foot ornate snooker table imported from England that is three times the size of a regular pool table. Massive decks and courtyards provide the perfect vantage point for stargazing by night, while the large expanses of lawn and lush greenery offer an oasis of peace and privacy and 360-degree mountain views. You will be captivated by this opulent structure's grand scale, unparalleled craftsmanship, and massive grounds. Spanish tile floors and four adobe-style fireplaces add to the grandeur, with designer finishes accentuating modern conveniences. The chef's kitchen boasts endless countertops, a dining-table-sized island, and Thermador appliances. The courtyard also provides an exceptional space for entertaining, with oversized covered patios creating the perfect space for hosting guests or relaxing in the serenity of the landscape around the sparkling walk-in Roman pool. An outdoor shower in the courtyard adds a luxurious touch, perfect for cooling off or a refreshing rinse after swimming in perfect privacy in the interior enclosed courtyard. This exquisite, stunning home is a rare find that offers a lifestyle of unparalleled luxury and privacy. Welcome to your personal paradise, where every day feels like a hole-in-one and every night feels like a dream come true!

Details

Property type

Single Family Residence

Lot size

0.97 acres

Price per sq ft

$1,534

Year built

1977

Annual property taxes

$5,317

Monthly HOA fee

$58

Price History

11/08/2024
ArizonaRegional

ArizonaRegional #6760542

Price change
$7,800,000
-20.41%
09/21/2024
ArizonaRegional

ArizonaRegional #6760542

Listed
$9,800,000
+22.58%
07/08/2024
ArizonaRegional

ArizonaRegional #6684273

Removed
$7,995,000

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

Community features: 

Golf

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

$6,452,800
Asking price
$7,800,000
Closing costs (~8% of asking)
-$624,000
Est. remaining loan balance
-$723,200
Cash to seller
$6,452,800

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

Seller’s Loan History

Lender

United Nations Fcu

Loan start date

April 2020

Original loan amount

$799,000

Est. remaining balance

$723,200

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Rohan Sahani and Victoria Shannon Sahani

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: 11/14/2024 at 9:55 AM

Listing updated: 11/12/2024 at 7:10 PM

Listed by: Anthony Turco, Walt Danley Local Luxury Christie's International Real Estate Phone #: (480) 450-1518

MLS: ArizonaRegional #6760542

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