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$29,000,000

Beds
8
Baths
10.0
sq ft
16,000

7620 N Red Ledge Dr, Paradise Valley, AZ 85253

7620 N Red Ledge Dr

Paradise Valley, AZ 85253

  • 305 days on market
Step into the future of architectural brilliance with this forthcoming masterpiece, the 16,000-square-foot modern home Serenity Heights (one of two executive homes in ''SaddleRidgeLiving'' Development), that has been designed and will be built by renowned architect Ivan Shongov of architekshon, Inc, alongside Kurt Holland of Incline LLC in the prestigious Clearwater Hills community the highest and most coveted view lot in Paradise Valley. This contemporary haven stands as a testament to innovation, luxury, and the seamless integration of design and nature. Architectural Marvels: Envisioned by a luminary in the field, this modern marvel transcends traditional boundaries. The design seamlessly merges sleek lines, expansive glass, and cutting-edge materials to create a residence that not only defines modern living but redefines it. The cantilevered infinity pool is thoughtfully designed with a glass bottom and ambient lighting unveiling the intricate details of the natural rock formations. Unrivaled Views: Situated on a sprawling 11-acre estate, this home commands the highest and most coveted view lot in Paradise Valley offering unparalleled views of Mummy and Camelback Mountain. Experience the ever-changing panorama from nearly every corner of the home, where nature becomes a living canvas. Environmental Harmony: Designed with a commitment to environmental preservation, this residence minimizes intrusion on the natural surroundings, allowing you to coexist harmoniously with the beauty of the landscape. Exclusive Privacy: Nestled within the 24-hour attended gated Clearwater Hills community, this property boasts an exclusive private gated entrance and a majestic 3,000-foot driveway which is shared with only one other estate home in Saddleridge. Luxurious Features: Indulge in the amenities of this exquisite residence, kitchen with butler's pantry, and dining areas to the balcony; living room with fireplace; expansive bar; library; home theater; family room; professional gym with dressing room, sauna, and steam room; ~3,000-bottle wine room; atrium lobby with staircase and circular glass elevator; private office; primary suite with a suspended fireplace, extensive closet systems, ensuite bathroom, and private laundry; roof terrace featuring two gazebos, an outside bar, and lounge areas, along with a custom ~10-person hot tub; IT room; secure safe room; home automation and sound system; and a 24-zone HVAC system. Experience a sense of liberation and escape in the middle of the fifth largest city in the country. The design and location make you feel like you're in a different cosmos, providing a retreat from the hustle and bustle while being close to Scottsdale and Phoenix airports. Serenity Heights is not just a dwelling; it's an elevated lifestyle, a retreat where architectural innovation meets natural splendor, offering privacy, luxury, and an unparalleled sense of being on top of the world. Welcome to your future haven in the sky. Don't miss the video!

Details

Property type

Single Family Residence

Est. home value

$9,579,465

Lot size

11.46 acres

Price per sq ft

$1,813

Year built

2027

Annual property taxes

$15,421

Monthly HOA fee

$375

Price History

01/19/2024
ArizonaRegional

ArizonaRegional #6652586

Listed
$29,000,000
+1280.95%
03/29/2022
ARMLS

ARMLS #6318540

Sold
$2,100,000
-6.67%
06/30/2021
ARMLS

ARMLS #6097505

Sold
$2,250,000

Schools & Community

Elementary school: 

Kiva Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

Community features: 

Gated

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

Midfirst Bank

Loan start date

January 2023

Original loan amount

$630,000

Est. remaining balance

Not provided

Interest rate

6.58%

Loan type

Credit Line (Revolving), 2 year

Seller

Red Ledge Developers 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: 11/19/2024 at 8:20 AM

Listing updated: 08/24/2024 at 7:43 PM

Listed by: Mary Jo Santistevan, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 467-4900

MLS: ArizonaRegional #6652586

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