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$12,989,000

Beds
5
Baths
4.5
sq ft
8,006

7155 East Oakmont Drive, Paradise Valley, AZ 85253

7155 East Oakmont Drive

Paradise Valley, AZ 85253

  • 18 days on market
Your search for paradise ends here in Paradise Valley's most exclusive neighborhood with a one-of-a-kind, ethereal, light-bathed Mediterranean grand estate in a class of its own located in a prime, private corner location in the utmost interior of the neighborhood. Home is perched just 45 feet from a Par-3 golf green of a 5-star Ritz Carlton-JW Mariott Camelback championship golf course. The home floodlights light up the green! This is one of the most sought-after locations in the world where a residence can no longer be placed as close to a golf green as this home is situated; therefore, this home cannot be recreated anywhere in the world. Less than 2% of golf course properties are golf green properties. This grand estate is a corner golf green property, which is even more rare. 360-degree panoramic golf green views, golf course views, and mountain views of the Mummy Mountains and McDowell Mountains from 32 picture windows, massive decks & courtyards. Echoing the Taj Mahal, the estate is located in one of Earth's most inspiring landscapes. Here, a championship Ritz Carlton golf course's golf green meets a breathtaking Jurassic Park setting of lush palm trees and mountains, an Audubon bird sanctuary, ponds, and a palatial interior courtyard with a heated reflecting Roman swimming pool. This palatial grand estate that looks like a castle more than lives up to its name of being the Grand Venetian Palace with a 12-foot long tournament-size ornate snooker table imported from a castle in England that is three times bigger than a regular pool table. This snooker table has both pool balls and snooker balls to play either pool or snooker. The interior palatial courtyard's snooker table area has sofa seating for over 20 people. There is a central, reflective, heated, lighted, enclosed Roman swimming pool with multi-color LED underwater lights in this courtyard with extreme privacy even for skinny dipping. This interior courtyard area also has a shower, spa, and sauna. 5 ensuite bedrooms, spa, gym, sauna, outdoor shower, jetted tubs, citrus orchards, 21 tall palm trees, ornate snooker-pool table imported from an English castle, Zen-style colossal balconies, and viewing decks. There is a vaulted 18-foot ceiling Greatroom with circular seating for over 20 people that is the perfect location for a corporate offsite, corporate retreat, family reunion, or holiday gathering. This Greatroom has a Samsung 90" Smart TV Home Theater that seats 20 people with a custom surround sound system, 12 picture windows (with remote-controlled blinds), and floor-to-ceiling windows with Jurassic Valley views, golf green views & mountain views. THE ESSENCE: What if the soaring grace of an eagle riding the cliff's updraft looking onto endless mountains and golf acres could be the view from every single room of your home? This special experience and more can be yours here at this Grand Estate that was built to echo a Renaissance Venetian light-bathed palace that takes your breath away. Lord Byron wrote: "There is pleasure in the pathless woods, there is rapture in the lonely shore, there is society where none intrudes, by the deep sea, and music in its roar. I love not Man the less, but Nature more." These words best capture the timeless spirit and class of this palatial estate. Built in harmony with nature, you will be mesmerized by the fresh air of the surrounding lush parkland-style golf course, sense the rhythm of the wind amidst the perched golf green and surrounding Paradise Valley mountains, feel the cadence and fury of growing rainstorms amidst the certified Audubon International bird sanctuaries in the golf course ponds, hear the melodious chirping of exotic birds including many hummingbirds and appreciate the peace that comes with a rainbow's purity of color. There is a transcendent calmness that comes with entering this special environment. You'll be happy here! DESIGN: This tropical Zen palatial estate was all designed and completed by a Feng Sh

Details

Property type

Single Family Residence

Lot size

0.97 acres

Price per sq ft

$1,623

Year built

2001

Annual property taxes

$5,317

Monthly HOA fee

$58.33

Price History

03/29/2024
ArizonaRegional

ArizonaRegional #6684273

Listed
$12,989,000
+52.9%
03/28/2024
ArizonaRegional

ArizonaRegional #6591641

Removed
$8,495,000
12/27/2023
ArizonaRegional

ArizonaRegional #6591641

Listed
$8,495,000
+739.43%

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

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

or text or call (404) 738-5385

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

$11,216,210
Asking price
$12,989,000
Closing costs (~8% of asking)
-$1,039,120
Est. remaining loan balance
-$733,670
Cash to seller
$11,216,210

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

$733,670

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?

Status: Active

Tomo last checked: 04/17/2024 at 3:10 AM

Listing updated: 04/06/2024 at 8:13 AM

Listed by: John Doering, My Home Group Real Estate Phone #: (623) 764-5962

MLS: ArizonaRegional #6684273

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Copyright © 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers'' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.