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  • Price cut: $45K (7/3)
    $2,350,000

    5434 E Lincoln Drive #72, Paradise Valley, AZ 85253

    3beds
    3,338sqft
    : 
    $14,061/mo
    Get pre-qualified
    Single Family Residence
    Built in 1972
    10,545 Square Feet Lot
    $-- Zestimate®
    $704/sqft
    $833/mo HOA

    What's special

    Regal fireplaceSprawling private courtyardBertazzoni italian rangeWine fridgeLushly landscaped groundsFrench oak flooringPremium granite countertops
    Experience ''Colonia's Crown,'' the pinnacle of Paradise Valley living in the prestigious, guard-gated community of Colonia Miramonte. Perched atop the neighborhood, this sophisticated residence offers 3,338 total sqft of refined living space, beautifully positioned between the iconic Mummy and Camelback Mountains. The home welcomes you through a sprawling, private courtyard that sets a tone of secluded relaxation. The 2,928 sqft (2 bed/2 bath) main home features an elegant living area furnished with French Oak flooring and a regal fireplace. The chef's kitchen is tastefully designed, featuring a Bertazzoni Italian range, premium granite countertops, and a wine fridge. (continued in supplement remarks) Every bedroom, including the spacious primary suite complete with a dual-vanity and soaking tub, offers direct access to the lushly landscaped grounds through charming French doors. For a truly elevated experience, the versatile "sky loft" provides a premier vantage point for breathtaking panoramic views of Camelback Mountain and city lights. The property includes a private 410 sqft guest casita (1 bed/1 bath), ideal for visitors or a home office. Significant updates include the full replacement of two HVAC units, new flooring in the primary suite, beautiful doors in bedroom two, and the addition of a half bath in the sky loft. Residents of Colonia Miramonte enjoy a lifestyle like no other including "yappy hour" at one of the neighborhood parks, live acoustic performances, and exclusive perks at the Camelback Inn, such as white-glove room service delivered straight to your door. Whether seeking a year-round residence or a lock-and-leave retreat, this is Paradise Valley living at its finest.
    105 days
    |
    1,084
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shelli Poulos 602-538-3698,

    RETSY,

    Sela Poulos 602-568-9571,

    RETSY

    Source: ARMLS,MLS#: 7018433MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s), Programmable Thmstat
      Appliances
      • Included: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Cooktop
      • Laundry: Inside
      Features
      • High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Tile, Wood
      • Windows: Skylight(s), Double Pane Windows
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Exterior Fireplace, Living Room, Gas
      Interior area
      • Total structure area: 3,338
      • Total interior livable area: 3,338 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Garage Door Opener, Direct Access
      • Attached garage spaces: 2
      • Uncovered spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: Balcony, Misting System, Private Yard
      • Spa features: None
      • Fencing: Block,Wrought Iron
      • Has view: Yes
      • View description: City, City Lights, Mountain(s)
      Lot
      • Size: 10,545 Square Feet
      • Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
      Details
      • Additional structures: Guest House
      • Parcel number: 16928114

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Painted, Block
      • Roof: Foam
      Condition
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Pvt Water Company

      Community & HOA

      Community
      • Features: Pool, Gated, Guarded Entry
      • Security: Security Guard
      • Subdivision: COLONIA MIRAMONTE 3A LOTS 70-72 TRACT Q
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Street Maint, Trash
      • HOA fee: $2,500 quarterly
      • HOA name: Colonia Miramonte
      • HOA phone: 602-635-9777
      Location
      • Region: Paradise Valley

      Financial & listing details

      • Price per square foot: $704/sqft
      • Tax assessed value: $2,322,500
      • Annual tax amount: $6,368
      • Date on market: 4/24/2026
      • Cumulative days on market: 250 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Price change$2,350,000-1.9%$704/sqft
        Source: ARMLS #7018433 Report a problem
        6/16/2026Price change$2,395,000-6.1%$717/sqft
        Source: ARMLS #7018433 Report a problem
        6/6/2026Price change$2,550,000-5.5%$764/sqft
        Source: ARMLS #7018433 Report a problem
        5/15/2026Price change$2,699,000-6.9%$809/sqft
        Source: ARMLS #7018433 Report a problem
        4/23/2026Listed for sale$2,900,000-1.7%$869/sqft
        Source: ARMLS #7018433 Report a problem
        4/1/2026Listing removed$2,950,000$884/sqft
        Source: ARMLS #6944647 Report a problem
        2/23/2026Price change$2,950,000-4.8%$884/sqft
        Source: ARMLS #6944647 Report a problem
        2/16/2026Price change$3,100,000-1.6%$929/sqft
        Source: ARMLS #6944647 Report a problem
        1/29/2026Price change$3,150,000-3.1%$944/sqft
        Source: ARMLS #6944647 Report a problem
        11/30/2025Price change$3,250,000-1.5%$974/sqft
        Source: ARMLS #6944647 Report a problem
        11/8/2025Listed for sale$3,300,000-9.6%$989/sqft
        Source: ARMLS #6944647 Report a problem
        5/29/2025Listing removed$3,650,000$1,093/sqft
        Source: ARMLS #6466390 Report a problem
        5/10/2025Price change$3,650,000-2.7%$1,093/sqft
        Source: ARMLS #6466390 Report a problem
        4/14/2025Price change$3,750,000-3.8%$1,123/sqft
        Source: ARMLS #6466390 Report a problem
        4/3/2025Listed for sale$3,900,000$1,168/sqft
        Source: ARMLS #6466390 Report a problem
        3/16/2025Listing removed$3,900,000$1,168/sqft
        Source: ARMLS #6466390 Report a problem
        2/15/2025Price change$3,900,000-8.2%$1,168/sqft
        Source: ARMLS #6466390 Report a problem
        1/13/2025Price change$4,250,000+6.9%$1,273/sqft
        Source: ARMLS #6466390 Report a problem
        12/8/2024Listed for sale$3,975,000-0.6%$1,191/sqft
        Source: ARMLS #6466390 Report a problem
        10/2/2024Listing removed$15,000$4/sqft
        Source: Zillow Rentals Report a problem
        9/9/2024Price change$15,000-21.1%$4/sqft
        Source: Zillow Rentals Report a problem
        9/4/2024Price change$19,000-24%$6/sqft
        Source: Zillow Rentals Report a problem
        8/31/2024Listed for rent$25,000$7/sqft
        Source: Zillow Rentals Report a problem
        12/27/2023Listing removed$4,000,000+116.2%$1,198/sqft
        Source: ARMLS #6466390 Report a problem
        3/2/2021Sold$1,850,000+42.3%$554/sqft
        Source: ARMLS #6179375 Report a problem
        4/12/2013Sold$1,300,000+13%$389/sqft
        Source: ARMLS #4877035 Report a problem
        5/30/2006Sold$1,150,000+21.1%$345/sqft
        Source: Public Record Report a problem
        5/26/2005Sold$950,000+111.1%$285/sqft
        Source: Public Record Report a problem
        4/2/1998Sold$450,000$135/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,312 +5.1%$232,250 0%
        2024$6,007 +1.5%$232,330 +126.1%
        2023$5,918 +3.8%$102,776 -42.6%
        2022$5,702 -5.9%$179,080 +4.9%
        2021$6,056 +3.9%$170,780 -0.2%
        2020$5,826 +4.3%$171,200 +12.9%
        2019$5,588 $151,650 +7.8%
        2018$5,588 +4.6%$140,620 +26.6%
        2017$5,344 +8.6%$111,080 +3.5%
        2016$4,922 -3.1%$107,360
        2015$5,081 $107,360 +25.5%
        2014-- $85,570 +43.1%
        2013-- $59,810
        2012-- $59,810 -10.5%
        2011-- $66,850 -19.4%
        2010-- $82,960 -16.1%
        2009-- $98,860 +0%
        2008-- $98,850 +25%
        2007-- $79,050 +66.6%
        2006-- $47,450
        2005-- $47,450 -9.4%
        2004-- $52,400 +10.4%
        2003-- $47,450 +22.6%
        2002-- $38,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 85253

        Getting around

        13 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Kiva Elementary School
        • Middle: Mohave Middle School
        • High: Saguaro 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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