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Sold for $5,505,000
  • $5,505,000

    5060 E SKY DESERT Lane, Paradise Valley, AZ 85253

    7beds
    7,725sqft
    Single Family Residence
    Built in 1984
    2.81 Acres Lot
    $5,452,600 Zestimate®
    $713/sqft
    $7,629 Estimated rent

    Home value

    $5,452,600

    $5.18M - $5.73M

    $7,629/mo

    Zestimate® history
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    What's special

    Heated oversized poolFour fireplacesRenovated kitchenPanoramic mountain viewsAbundant natural lightClerestory windowsPrivate corner lot
    Set on nearly three pristine acres in the heart of Paradise Valley, 5060 E Desert Sky Lane is a true Hacienda estate where panoramic mountain views, timeless Territorial/Santa Fe architecture, and extraordinary future potential converge. Perfectly positioned on a private corner lot ,the home captures sweeping 360° views of Paradise Valley's most iconic mountain ranges -- Camelback Mountain, Mummy Mountain, the Phoenix Mountain Preserve, and distant McDowell Mountain vistas -- visible from nearly every window and outdoor living space. Authentic old-world craftsmanship defines the residence. Dramatic wood beams span both indoor and outdoor ceilings. Hand-carved solid wood doors, rounded plaster walls, hand-forged lighting, 12 ft plus ceilings in living room, skylights, and four fireplaces create a warmth and architectural integrity rarely found today. Clerestory windows and abundant natural light enhance the connection between the home and the surrounding desert landscape. The estate is uniquely composed of a substantial main residence of over 5,000 square feet with an attached casita with kitchenette. In addition, there is a 2,400+ square foot guest house (built 2012) complete with its own garage, yard, kitchen, office, great room, laundry, and high ceilings throughout, the guest house comfortably housed the owners for over a year during renovations offering exceptional flexibility for guests, multi-generational living, or a private retreat. Inside the main home, thoughtful updates blend seamlessly with the property's architectural character. The renovated kitchen features new appliances, dual dishwashers, granite counters, mesquite cabinetry, an oversized island, and a butler's pantry, opening to expansive covered patios designed for effortless indoor-outdoor living. Additional spaces include a dedicated library, gym, private guest wing with its own living area and patio, and multiple en-suite bedrooms positioned to capture mountain views. The primary suite is a retreat of its own, showcasing views of Mummy Mountain and the McDowells & private access to the pool and spa. Outdoors, the property unfolds into a private desert compound designed for both entertaining and recreation. Amenities include a heated oversized pool, pickleball/sports court, fire pit with banco seating, desert greenery, circular paver drive, gated courtyard entry with fountain, and parking for 20+ guests. The estate offers ample room to add additional garages or structures for the car enthusiast. With acreage that is increasingly rare in Paradise Valley, authentic Territorial architecture that cannot be replicated, and uninterrupted mountain views in every direction, 5060 E Desert Sky Lane represents not only a beautiful residence , but a remarkable canvas for expansion, reimagination, or the creation of a legacy estate unlike anything else in the Valley.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer L Michaels 4804501626,

    Citiea

    Bought with:

    Nicholas A Toon, SA677990000

    RETSY

    Source: ARMLS,MLS#: 6983133MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop
    • Laundry: Inside
    Features
    • Pantry, High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Tile, Wood
    • Windows: Skylight(s), Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 3
    • Fireplace features: Fire Pit, Family Room, Living Room, Master Bedroom
    Interior area
    • Total structure area: 7,725
    • Total interior livable area: 7,725 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: RV Access/Parking, Garage Door Opener, Circular Driveway
    • Garage spaces: 4
    • Uncovered spaces: 4
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Playground, Private Yard, Sport Court(s), Storage, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Diving Pool
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Block,Wrought Iron
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 2.81 Acres
    • Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Additional structures: Guest House
    • Parcel number: 16874012
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Territorial/Santa Fe
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Painted, Block
    • Roof: Foam
    Condition
    • Year built: 1984
    Details
    • Builder name: Rex Short

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Energy efficient items: Multi-Zones

    Community & HOA

    Community
    • Security: Security System Owned
    • Subdivision: KERR ESTATES 3
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Price per square foot: $713/sqft
    • Tax assessed value: $5,272,700
    • Annual tax amount: $14,459
    • Date on market: 2/28/2026
    • Cumulative days on market: 154 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/31/2026Sold$5,505,000-8.3%$713/sqft
    Source: ARMLS #6983133 Report a problem
    7/15/2026Pending sale$6,000,000$777/sqft
    Source: ARMLS #6983133 Report a problem
    4/21/2026Price change$6,000,000-7.7%$777/sqft
    Source: ARMLS #6983133 Report a problem
    2/28/2026Price change$6,500,000-10.3%$841/sqft
    Source: ARMLS #6983133 Report a problem
    2/12/2026Listed for sale$7,250,000+202.1%$939/sqft
    Source: ARMLS #6983133 Report a problem
    4/20/2017Sold$2,400,000+42.6%$311/sqft
    Source: ARMLS #5598356 Report a problem
    10/1/2001Sold$1,683,000$218/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,337 +4.8%$527,270 +0.6%
    2024$13,679 +1.4%$523,910 +135.9%
    2023$13,486 +3.6%$222,109 -32.9%
    2022$13,019 -5.6%$331,100 +9.2%
    2021$13,785 +3.7%$303,160 +8.1%
    2020$13,288 +4%$280,330 +5.7%
    2019$12,772 $265,230 +2.3%
    2018$12,772 +4.3%$259,210 -28.4%
    2017$12,246 +8.1%$362,250 +41.6%
    2016$11,334 +2%$255,780 +2.7%
    2015$11,113 $248,960 +61.7%
    2014-- $153,950 +12.5%
    2013-- $136,830
    Find assessor info on the county website

    Neighborhood: 85253

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cherokee Elementary School
    • Middle: Cocopah Middle School
    • High: Chaparral High School
    • District: Scottsdale Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,452,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,452,600