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$16,400,000

Beds
5
Baths
5.0
sq ft
8,190

7424 North 61st Street, Paradise Valley, AZ 85253

7424 North 61st Street

Paradise Valley, AZ 85253

  • 3 days on market
Challenging the essence of luxury design, this extraordinary 8,200 sq. ft. estate will sit on the most coveted view lot in Paradise Valley. A masterpiece redefining ultra-high-end living, it offers an architectural marvel that cannot be replicated. Crafted by award-winning STRATTON ARCHITECTS, this home features bold, soaring 24-foot-high glass walls that perfectly frame panoramic views of Mummy Mountain. Step inside to unparalleled interiors by MARA Design, where opulence and sophistication fuse through daring, exquisite finishes. This visionary design will be brought to life by multi-award-winning BEDBROCK DEVELOPERS with over 200 luxury homes built and reputation for building the most prized estates in Paradise Valley. Now PERMIT-READY —LET'S BUILD YOUR DREAM! This exclusive residence includes elite BEDBROCK CONCIERGE service, ensuring the home remains in impeccable condition. Set on a flat lot free from hillside regulations, it promises a seamless building experience. Words alone cannot capture this over-the-top design. Explore the renderings in the photos and documents section to immerse yourself in what could be your future sanctuary.

Details

Property type

Single Family Residence

Est. home value

$2,792,775

Lot size

1.13 acres

Price per sq ft

$2,003

Year built

2026

Annual property taxes

$6,185

Price History

09/15/2024
ArizonaRegional

ArizonaRegional #6757565

Listed
$16,400,000
+9.33%
07/08/2024
ArizonaRegional

ArizonaRegional #6695659

Removed
$15,000,000
04/25/2024
ArizonaRegional

ArizonaRegional #6695659

Listed
$15,000,000
+443.48%

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

Trustbank

Loan start date

July 2023

Original loan amount

$1,800,000

Est. remaining balance

Not provided

Interest rate

6.57%

Loan type

Commercial

Seller

Pv Cheney Spec 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: 09/18/2024 at 6:25 PM

Listing updated: 09/16/2024 at 4:29 PM

Listed by: Sharat Kanaka, West USA Realty Phone #: (480) 948-5554

MLS: ArizonaRegional #6757565

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