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Sold for $16,500,000
    • $16,500,000

    5524 N HOMESTEAD Lane, Paradise Valley, AZ 85253

    6beds
    8,697sqft
    Single Family Residence
    Built in 2025
    1.61 Acres Lot
    $16,663,700 Zestimate®
    $1,897/sqft
    $5,314 Estimated rent

    Home value

    $16,663,700

    $15.16M - $18.33M

    $5,314/mo

    Zestimate® history
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    What's special

    Form and function exist harmoniously in this stunning property, featuring nearly 5000sqft of climate-controlled garage space. Six bays (lifts can be accommodated) plus an RV garage, workspace and a half-bath make this a stand-out. The main home offers an owner's wing with a gym, including a cold plunge and sauna, and an ensuite office, or bedroom 5. A fantastic kitchen with a custom skylight creates beautiful natural light throughout the heart of the home. A game room opens up to an outdoor kitchen. The detached guest house features a kitchen, living room, ensuite bedroom and a delightful outdoor patio. Ample indoor-outdoor entertaining spaces on this oversized lot, including a pickleball court and sports pavilion. Gorgeous views of Camelback Mountain and the Preserve serve as a backdrop.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer N Burgess 602-999-5988,

    RETSY,

    Siena Koppelman 520-861-9919,

    RETSY

    Bought with:

    William Rhoades, SA716098000

    Apex Residential

    Jonathan Michael Leaman, SA648438000

    Apex Residential

    Source: ARMLS,MLS#: 6964838MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 11
    • Full bathrooms: 11
    Heating
    • Natural Gas
    Cooling
    • Central Air, Mini Split, Programmable Thmstat
    Appliances
    • Included: Electric Cooktop
    Features
    • High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Stone, Tile, Wood
    • Windows: Skylight(s)
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Fire Pit, Living Room, Master Bedroom, Gas
    Interior area
    • Total structure area: 8,697
    • Total interior livable area: 8,697 sqft

    Property

    Parking
    • Total spaces: 17
    • Parking features: RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, Storage, Temp Controlled, RV Garage, Electric Vehicle Charging Station(s)
    • Garage spaces: 12
    • Uncovered spaces: 5
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Private Pickleball Court(s), Sport Court(s), Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Heated
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Block
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1.61 Acres
    • Features: Desert Front, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Additional structures: Guest House
    • Parcel number: 17003003

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Spray Foam Insulation, Synthetic Stucco, Stucco, Steel Frame, Wood Frame, Painted, Stone
    • Roof: Tile,Concrete,Metal
    Condition
    • Year built: 2025
    Details
    • Builder name: Tinker Development

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Fire Sprinkler System
    • Subdivision: STANFORD HILLS 1 LOTS 1-3 9-12
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Price per square foot: $1,897/sqft
    • Tax assessed value: $4,652,300
    • Annual tax amount: $27,576
    • Date on market: 11/2/2025
    • Cumulative days on market: 66 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/7/2026Sold$16,500,000-2.9%$1,897/sqft
    Source: ARMLS #6964838 Report a problem
    10/1/2025Listed for sale$17,000,000+1.8%$1,955/sqft
    Source: ARMLS #6927079 Report a problem
    5/2/2025Listing removed$16,697,800$1,920/sqft
    Source: ARMLS #6806388 Report a problem
    1/17/2025Listed for sale$16,697,800+714.5%$1,920/sqft
    Source: ARMLS #6806388 Report a problem
    8/30/2022Sold$2,050,000$236/sqft
    Source: ARMLS #6456355 Report a problem
    8/29/2022Listed for sale$2,050,000$236/sqft
    Source: ARMLS #6456355 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$27,576 +177.7%$465,230 +183.3%
    2024$9,931 +0.7%$164,220 +89.5%
    2023$9,861 +4.3%$86,678 +5%
    2022$9,454 -4.4%$82,550 +4.4%
    2021$9,892 +0.1%$79,100 +2.5%
    2020$9,884 -1.3%$77,200 +5.2%
    2019$10,011 $73,370 +0.7%
    2018$10,011 +4.3%$72,830 +2.2%
    2017$9,601 +6.3%$71,270 +9.2%
    2016$9,031 +28.2%$65,270
    2015$7,044 $65,270 +6.6%
    2014-- $61,210
    2013-- $61,210
    2012-- $61,210 -14.8%
    2011-- $71,870 -22.3%
    2010-- $92,460 -6.2%
    2009-- $98,520 +0%
    2008-- $98,500 +25%
    2007-- $78,800 +64.5%
    2006-- $47,900
    2005-- $47,900 +6.7%
    2004-- $44,900
    2003-- $44,900 +6.1%
    2002-- $42,300
    Find assessor info on the county website

    Neighborhood: 85253

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Biltmore Preparatory Academy
    • Middle: Biltmore Preparatory Academy
    • High: Phoenix Coding Academy
    • District: Creighton Elementary 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
    $16,663,700
    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
    $16,663,700

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