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$13,975,000

Beds
5
Baths
6.0
sq ft
9,301

8601 North 59th Place, Paradise Valley, AZ 85253

8601 North 59th Place

Paradise Valley, AZ 85253

  • 2 days on market
Experience luxury living in this stunning Paradise Valley estate, set on over an acre in one of the most prestigious and desirable neighborhoods in all of Paradise Valley. This beautifully updated Candelaria-designed home offers elegance, comfort, and resort-style amenities throughout. The private primary suite features a serene courtyard, spa-like bathroom with steam shower, dual vanities, and spacious his-and-hers closets. Nearby, two home offices offer versatility to fit your lifestyle. Generously sized guest bedrooms, each with its own ensuite, ensure privacy and comfort for family and visitors. Perfect for entertaining, the home includes a game room, theater room, and a chef's kitchen with high-end appliances, a large island, butler's pantry, and walk-in pantry. Multiple cozy courtyards and covered patios enhance the indoor-outdoor lifestyle. Enjoy evenings by one of several fireplaces or host unforgettable gatherings with the outdoor kitchen featuring a built-in pizza oven. A 1,000-bottle wine cellar, wet bar, and a five-car air-conditioned garage complete the offering. The backyard offers true resort-style living, complete with lush, manicured landscaping designed for ultimate relaxation and enjoyment.

Details

Property type

Single Family Residence

Est. home value

$7,748,996

Lot size

1.14 acres

Price per sq ft

$1,503

Year built

2022

Annual property taxes

$21,234

HOA

No

Price History

04/03/2025
ArizonaRegional

ArizonaRegional #6844124

Listed
$13,975,000
+7.5%
05/06/2024
ArizonaRegional

ArizonaRegional #6655201

Removed
$12,999,999
04/24/2024
ArizonaRegional

ArizonaRegional #6655201

Pending
$12,999,999

Schools & Community

Elementary school: 

Cherokee Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

Community features: 

Sidewalks

High school district: 

Scottsdale Unified District

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

$10,055,680
Asking price
$13,975,000
Closing costs (~8% of asking)
-$1,118,000
Est. remaining loan balance
-$2,801,320
Cash to seller
$10,055,680

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Arc Home Llc

Loan start date

March 2021

Original loan amount

$3,080,000

Est. remaining balance

$2,801,320

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Matthew L Schissler and Stephanie A Schissler

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: 04/04/2025 at 4:40 AM

Listing updated: 04/03/2025 at 7:16 AM

Listed by: Irina Ahdoot, Griggs's Group Powered by The Altman Brothers Phone #: (480) 788-0929

MLS: ArizonaRegional #6844124

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