Stately real estate located in one of the most expensive neighborhoods in the state of Arizona.
This stately residence, custom built on 2.5 acres of flat land, offers expansive views of iconic Camelback Mountain, Mummy Mountain, and the Phoenix Mountain Preserve.
Constructed with block, steel, and wood, with no expense spared - quality inside and out was of the utmost importance.
This 7 Bedrooms, 12 Bathroom estate, offers world-class amenities and an 11-car motor court and show garage.
The grounds, security, and privacy, can only be appropriately conveyed by experiencing the property.
Stately real estate like this, rarely becomes available, and always sells fast!
Do not miss out on this rare opportunity to own a piece of paradise in Paradise Valley, Arizona
Sold for $18,750,000
$18,750,000
5901 E EDWARD Lane, Paradise Valley, AZ 85253
7beds
12baths
14,624sqft
Single Family Residence
Built in 2007
2.45 Acres Lot
$18,653,400 Zestimate®
$1,282/sqft
$102,270 Estimated rent
Home value
$18,653,400
$16.97M - $20.52M
$102,270/mo
Zestimate® history
Owner options
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$102,270/mo
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$102,270/mo
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$85,675/mo
Est. payment
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$85,675/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joshua A Peters 480-788-7556,
Realty ONE Group
Bought with:
Joshua A Peters, SA640957000
Realty ONE Group
Monroe Peters, SA678963000
Realty ONE Group
Source: ARMLS,MLS#: 6746374
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 12
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
Appliances
- Included: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Gas Range, Gas Oven, Water Purifier
Features
- Pantry, High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Roller Shields, Vaulted Ceiling(s), Wet Bar, Kitchen Island, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Tile, Wood
- Windows: Low Emissivity Windows, Solar Screens, Double Pane Windows, ENERGY STAR Qualified Windows, Mechanical Sun Shds, Tinted Windows, Wood Frames
- Has basement: No
- Number of fireplaces: 3
- Fireplace features: Fire Pit, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
Interior area
- Total structure area: 14,624
- Total interior livable area: 14,624 sqft
Property
Parking
- Total spaces: 31
- Parking features: Gated, Garage Door Opener, Extended Length Garage, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Storage, Temp Controlled, Electric Vehicle Charging Station(s)
- Garage spaces: 11
- Uncovered spaces: 20
Features
- Stories: 1
- Patio & porch: Covered
- Exterior features: Playground, Balcony, Misting System, Private Yard, Sport Court(s), Storage, Tennis Court(s), Built-in Barbecue
- Has private pool: Yes
- Pool features: Play Pool, Diving Pool, Heated, Lap
- Has spa: Yes
- Spa features: Heated, Private, Bath
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 2.45 Acres
- Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Additional structures: Guest House
- Parcel number: 16942004
- Other equipment: Intercom
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Painted, Stone, Block
- Roof: Other
Condition
- Year built: 2007
Details
- Builder name: Mountain Shadows Custom Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Green energy
- Energy efficient items: Multi-Zones
- Water conservation: Recirculation Pump
Community & HOA
Community
- Security: Fire Sprinkler System, Security System Owned
- Subdivision: TILYOU RANCHITO LOT 7-14
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Paradise Valley
Financial & listing details
- Price per square foot: $1,282/sqft
- Tax assessed value: $13,468,700
- Annual tax amount: $53,106
- Date on market: 3/22/2026
- Cumulative days on market: 183 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $18,750,000-24.7%$1,282/sqft |
Source: Public Record Report a problem | ||
| 6/25/2025 | Listing removed | $24,888,888$1,702/sqft |
Source:  ARMLS #6843189 Report a problem | ||
| 4/23/2025 | Price change | $24,888,888-3.9%$1,702/sqft |
Source: ARMLS #6843189 Report a problem | ||
| 4/1/2025 | Listed for sale | $25,888,888+23.4%$1,770/sqft |
Source: ARMLS #6843189 Report a problem | ||
| 8/28/2024 | Sold | $20,975,000+4.9%$1,434/sqft |
Source: ARMLS #6746374 Report a problem | ||
| 8/23/2024 | Pending sale | $20,000,000$1,368/sqft |
Source: ARMLS #6746374 Report a problem | ||
| 8/20/2024 | Listed for sale | $20,000,000-13%$1,368/sqft |
Source: ARMLS #6746374 Report a problem | ||
| 8/12/2024 | Listing removed | $23,000,000$1,573/sqft |
Source: ARMLS #6663527 Report a problem | ||
| 8/10/2024 | Listed for sale | $23,000,000$1,573/sqft |
Source: ARMLS #6663527 Report a problem | ||
| 8/9/2024 | Pending sale | $23,000,000$1,573/sqft |
Source: ARMLS #6663527 Report a problem | ||
| 2/14/2024 | Listed for sale | $23,000,000+80.4%$1,573/sqft |
Source: ARMLS #6663527 Report a problem | ||
| 1/20/2017 | Sold | $12,750,000-5.6%$872/sqft |
Source: ARMLS #5522429 Report a problem | ||
| 11/8/2016 | Listed for sale | $13,500,000-6.9%$923/sqft |
Source: Launch Real Estate #5522429 Report a problem | ||
| 7/5/2016 | Listing removed | $14,500,000$992/sqft |
Source: Launch Real Estate #5360227 Report a problem | ||
| 11/10/2015 | Listed for sale | $14,500,000+7.4%$992/sqft |
Source: Berkshire Hathaway HomeServices Arizona Properties #5360227 Report a problem | ||
| 8/15/2015 | Listing removed | $13,500,000$923/sqft |
Source: Camelback Office #5275652 Report a problem | ||
| 5/6/2015 | Listed for sale | $13,500,000+535.3%$923/sqft |
Source: Berkshire Hathaway HomeServices Arizona Properties #5275652 Report a problem | ||
| 2/11/2004 | Sold | $2,125,000$145/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $56,504 +5.8% | $1,346,870 +1.8% |
| 2024 | $53,416 +1.4% | $1,322,580 +57.4% |
| 2023 | $52,686 +3.5% | $840,219 +2.5% |
| 2022 | $50,918 -5.4% | $819,650 +5.6% |
| 2021 | $53,816 +3.6% | $776,450 +1.8% |
| 2020 | $51,936 -3% | $762,520 +10.3% |
| 2019 | $53,525 | $691,250 -1.9% |
| 2018 | $53,525 +3.2% | $704,400 -0.3% |
| 2017 | $51,861 +3.5% | $706,810 +9.6% |
| 2016 | $50,102 -1.3% | $644,610 +0.9% |
| 2015 | $50,776 | $638,700 |
| 2014 | -- | $638,700 +1.8% |
| 2013 | -- | $627,520 |
| 2012 | -- | $627,520 +0.8% |
| 2011 | -- | $622,550 -23.5% |
| 2010 | -- | $814,020 -27.4% |
| 2009 | -- | $1,121,780 +121.9% |
| 2008 | -- | $505,520 +40.7% |
| 2007 | -- | $359,200 +30% |
| 2006 | -- | $276,320 +7.8% |
| 2005 | -- | $256,400 |
| 2004 | -- | $256,400 +76.1% |
| 2003 | -- | $145,600 |
| 2002 | -- | $145,600 |
Find assessor info on the county website
Neighborhood: 85253
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Nearby schools
GreatSchools rating
- 10/10Kiva Elementary SchoolGrades: PK-6Distance: 1.3 mi
- 6/10Mohave Middle SchoolGrades: 6-8Distance: 3.3 mi
- 9/10Saguaro High SchoolGrades: 9-12Distance: 2.8 mi
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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Estimated market value
$18,653,400
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
$18,653,400
- Arizona
- Maricopa County
- Paradise Valley
- 85253
- 5901 E EDWARD Lane
Nearby cities
Nearby zip codes
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