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$5,899,000

Beds
5
Baths
5.5
sq ft
7,045

8124 East Paraiso Drive, Scottsdale, AZ 85255

8124 East Paraiso Drive

Scottsdale, AZ 85255

  • 33 days on market
    • Price drop $351,000↓
Home appraised over list price January 2025. Nestled on the 4th hole at Pinnacle Peak Country Club, this extraordinary home offers an unparalleled blend of luxury and design. The property boasts breathtaking, panoramic views of the McDowell Mountains and the surrounding fairways, creating a serene backdrop that feels like a private oasis. Completely reimagined in 2020, every inch of this home was crafted with meticulous attention to detail, sparing no expense to achieve the pinnacle of elegance and comfort. The main residence flows seamlessly into the outdoor spaces, offering an entertainer's dream at every turn. The expansive rooftop deck provides a stunning vantage point for sunset views over the golf course, with ample space for lounging or hosting guests in style. The outdoor lounge and kitchen area are designed to impress, with high-end finishes, a built-in barbecue, and ample seating to enjoy the Arizona climate year-roundan experience that rivals the finest resorts. Adding $500,000 in landscaping flawlessly compliments this no expense spared breathtaking home. Thoughtfully designed to enhance the natural beauty of the surroundings, the outdoor spaces flow effortlessly from one area to the next. Seven tungsten electric heaters keep the outdoor entertaining spaces warm in the winter months. Lush greenery, striking water & fire features, and custom lighting elevate the experience. The landscape design has garnered multiple awards for its innovation and seamless integration with the home's architecture, and both the interior and exterior have been featured in prestigious home magazines for their exceptional design. The casita, an intimate and beautifully designed retreat, is a standout feature. At 977 square feet, it redefines luxury living in smaller spaces with custom floor-to-ceiling cabinetry, offering an abundance of storage and elegance in every corner. Its size and craftsmanship make it feel more like a sprawling estate than a guest suite, with high-end appliances & stunning finishes to match the main home. Inside, the finishes throughout this estate are on par with a luxury penthouse in Las Vegas. An 882 bottle climate controlled custom wine cellar with backlit onyx and a hand crafted wood door frame accentuate the formal dinning area. Expansive windows flood the space with natural light, and designer touches that elevate every room. The living spaces are open and airy, with sleek lines, contemporary textures, and a modern yet timeless design that effortlessly combines style and comfort. Whether hosting an elegant dinner party or enjoying a quiet night at home, this residence delivers every possible luxury, offering an exceptional lifestyle in one of Scottsdale's most sought-after locations. Every detail, from the hand-selected materials to the innovative design, has been chosen to ensure the perfect balance of sophistication and livability. This is more than just a homeit's a statement.

Details

Property type

Single Family Residence

Est. home value

$2,671,090

Lot size

1.09 acres

Price per sq ft

$838

Year built

2020

Annual property taxes

$8,935

Monthly HOA fee

$37.5

Price History

03/02/2025
ArizonaRegional

ArizonaRegional #6813647

Price change
$5,899,000
-5.62%
01/31/2025
ArizonaRegional

ArizonaRegional #6813647

Listed
$6,250,000
+463.06%
08/15/2017
ArizonaRegional

ArizonaRegional #5572366

Sold
$1,110,000

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Pinnacle Peak Preparatory

Middle school: 

Mountain Trail Middle School

High school: 

Pinnacle High School

Community features: 

Gated

High school district: 

Paradise Valley 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

Stifel Bank & Trust

Loan start date

December 2022

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

George J Schuller Jr and Lori A Schuller

Lender

Bokf Na

Loan start date

April 2018

Original loan amount

$880,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

Credit Line (Revolving)

Seller

George J Schuller Jr and Lori A Schuller

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: 03/06/2025 at 6:35 AM

Listing updated: 03/01/2025 at 5:38 PM

Listed by: Blake St John, Engel & Voelkers Scottsdale Phone #: (480) 515-5900

MLS: ArizonaRegional #6813647

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