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$3,500,000

Beds
4
Baths
5.5
sq ft
6,173

7801 North Sherri Lane, Paradise Valley, AZ 85253

7801 North Sherri Lane

Paradise Valley, AZ 85253

  • 38 days on market
Nestled in the desirable Tatum Canyon of Paradise Valley, this exceptional home spans over 6,174 square feet on a private acre corner lot, offering sweeping mountain views in every direction. Designed for sophisticated living, this residence blends elegance with practicality.On entering, one is greeted by a light-filled great room with soaring ceilings, glass walls, and sliding doors that create a seamless flow between the indoor and outdoor spaces. A meticulously landscaped backyard offers the ultimate retreat with a stunning pool, water features, spa, outdoor BBQ, ramada, a sport court ideal for pickleball, and beautiful lawns — all set against the backdrop of the canyon's natural beauty. The home boasts four spacious bedrooms, a dedicated office The primary suite, positioned in its own wing, is a luxurious sanctuary with a lavish bath, a 360-degree mirrored dressing room, and a cozy sitting area complete with fireplace. Designed with entertaining in mind, the chef's kitchen is a culinary masterpiece, equipped with Viking appliances, concrete countertops, and a professional-grade wine cellar. An 8-foot butcher-block island, floor-to-ceiling stone fireplace, and open-concept design make the kitchen and family room perfect for both intimate and grand gatherings. Additional spaces include a formal dining room with a dry bar, family room, and a 25-foot game room with a wet bar. Each of the four bedrooms is en-suite, with a guest suite for ultimate privacy. An elegant living room along with a library/office with a loft, complement the living areas. Previously owned by a sports star's family, this one-of-a-kind home offers an unparalleled opportunity to own a private, gated resort with dramatic views, luxurious amenities, and the perfect blend of comfort and elegance. Conveniently located with easy access to premier shopping, dining, hiking, and biking trails, this home is just a short drive from Phoenix Sky Harbor and Scottsdale airports, making it the ideal combination of luxury and convenience.

Details

Property type

Single Family Residence

Est. home value

$4,298,648

Lot size

0.96 acres

Price per sq ft

$567

Year built

1993

Annual property taxes

$12,059

Price History

11/14/2024
ArizonaRegional

ArizonaRegional #6781385

Listed
$3,500,000

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

Bank Of America Na

Loan start date

June 2020

Original loan amount

$1,028,700

Est. remaining balance

Not provided

Interest rate

2.37%

Loan type

New Conventional, 30 year

Seller

Raun D Melmed and Helen Davis Melmed

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: 12/22/2024 at 10:30 AM

Listing updated: 11/14/2024 at 11:20 AM

Listed by: Liza Czopp, Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6781385

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