Set within the prestigious guard-gated enclave of Clearwater Hills, this exceptional estate has been completely transformed through a meticulous down-to-the-studs renovation, creating a residence that is both timeless and thoughtfully designed for modern luxurious living. The home captures extraordinary panoramic views of Camelback Mountain, Mummy Mountain, the Phoenix Mountain Preserve, and the glittering city skyline. Designed with an emphasis on seamless indoor-outdoor living, the massive great room features an impressive fireplace and dramatic 24-foot walls of glass that disappear completely opening to the resort-inspired outdoor living spaces that feature a heated pool and hot tub that perfectly showcase the spectacular mountain backdrop. (See More) The main-level primary suite is a special private retreat offering a fireplace, spa-inspired bath with a steam shower, private laundry, and a dedicated wellness studio ideal for yoga, fitness, or massage, and a serene garden offers an intimate outdoor escape, enhancing the suite's resort-like ambience. Designed for effortless entertaining, the residence features two fully appointed kitchens with the magnificent show kitchen serving as the centerpiece for gatherings, while the adjoining catering kitchen is fully equipped. You won't skip a beat with double refrigerator/freezers, a 60-inch Wolf gas range, a second gas range, three ovens, three dishwashers, an ice maker, and a 100-bottle wine refrigerator, allowing for seamless entertaining on every scale. The flexible floor plan includes five spacious ensuite bedrooms, five full baths, plus powder bath, and a four-car garage. In addition to that, the private upstairs guest residence offers its own exterior entrance, full kitchen, family room, bedroom, and laundry, providing exceptional accommodations for long-term guests, multi-generational living, or live-in staff. The state-of-the-art smart home features a Lutron lighting system and Sonos whole-home audio, and the designer finishes curated throughout the home are simply breathtaking. Every space reflects an uncompromising commitment to quality, comfort, and understated elegance. Located within one of Paradise Valley's most coveted guard-gated communities, this turnkey estate offers an extraordinary combination of privacy, sophistication, iconic views and an opportunity to experience Arizona luxury living at its finest!
For sale
$7,295,000
7347 N RED LEDGE Drive, Paradise Valley, AZ 85253
5beds
7,300sqft
Single Family Residence
Built in 1967
0.75 Acres Lot
$-- Zestimate®
$999/sqft
$475/mo HOA
What's special
Impressive fireplaceFlexible floor planThree dishwashersSpectacular mountain backdropSeamless indoor-outdoor livingIce makerPrivate laundry
- 31 days
- 939
- 37
Zillow last checked:
Listing updated:
Listed by:
Robert E Joffe 602-989-8300,
Compass,
Andrew J. Mehlman 602-432-5874,
Compass
Source: ARMLS,MLS#: 7062395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Programmable Thmstat
Appliances
- Included: Washer/Dryer Stacked, Dryer, Washer, Water Softener Owned, Built In Recycling, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Cooktop
- Laundry: Upper Level, Inside, Other
Features
- Pantry, Quartz Countertops, High Speed Internet, Smart Home, Granite Counters, Double Vanity, Other, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Tile, Wood
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 3
- Fireplace features: Fire Pit, Family Room, Master Bedroom, Gas
Interior area
- Total structure area: 7,300
- Total interior livable area: 7,300 sqft
Property
Parking
- Total spaces: 10
- Parking features: Attached, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Temp Controlled
- Attached garage spaces: 4
- Uncovered spaces: 6
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony, Private Yard, Built-in Barbecue
- Has private pool: Yes
- Pool features: Variable Speed Pump, Heated
- Has spa: Yes
- Spa features: Heated, Private
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: City, Panoramic, City Lights, Mountain(s)
Lot
- Size: 0.75 Acres
- Features: North/South Exposure, Hillside Lot, Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
Details
- Parcel number: 16916039A
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Spray Foam Insulation, Stucco, Wood Frame, Painted, Stone, Slump Block
- Foundation: Slab, Concrete Perimeter
- Roof: Tile,Concrete
Condition
- Complete Spec Home
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Septic Tank
- Water: Pvt Water Company
Green energy
- Energy efficient items: Multi-Zones
- Water conservation: Tankless Ht Wtr Heat, Recirculation Pump
Community & HOA
Community
- Features: Gated, Guarded Entry
- Security: Fire Sprinkler System, Security System Owned, Security Guard
- Subdivision: CLEARWATER HILLS
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Grounds, Street Maint
- HOA fee: $5,700 annually
- HOA name: Clearwater Hills
- HOA phone: 480-922-9080
Location
- Region: Paradise Valley
Financial & listing details
- Price per square foot: $999/sqft
- Tax assessed value: $2,681,700
- Annual tax amount: $11,198
- Date on market: 8/7/2026
- Cumulative days on market: 32 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $7,295,000+77.9%$999/sqft |
Source:  ARMLS #7062395 Report a problem | ||
| 6/7/2024 | Sold | $4,100,000-8.8%$562/sqft |
Source: ARMLS #6622921 Report a problem | ||
| 6/3/2024 | Pending sale | $4,495,000$616/sqft |
Source: ARMLS #6622921 Report a problem | ||
| 4/30/2024 | Price change | $4,495,000-3.9%$616/sqft |
Source: ARMLS #6622921 Report a problem | ||
| 4/16/2024 | Price change | $4,675,000-6.4%$640/sqft |
Source: ARMLS #6622921 Report a problem | ||
| 2/23/2024 | Price change | $4,995,000-4.9%$684/sqft |
Source: ARMLS #6622921 Report a problem | ||
| 1/12/2024 | Price change | $5,250,000-4.3%$719/sqft |
Source: ARMLS #6622921 Report a problem | ||
| 11/2/2023 | Listed for sale | $5,485,000+181.3%$751/sqft |
Source: ARMLS #6622921 Report a problem | ||
| 7/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/8/2023 | Listed for rent | $14,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/18/2014 | Sold | $1,950,000-13.3%$267/sqft |
Source: ARMLS #5067853 Report a problem | ||
| 2/11/2014 | Listed for sale | $2,250,000$308/sqft |
Source: Walt Danley Realty, LLC #5067853 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,433 +4.9% | $268,170 +5.5% |
| 2024 | $8,992 +1.5% | $254,200 +70.4% |
| 2023 | $8,862 -10.1% | $149,196 -0.5% |
| 2022 | $9,861 -1.8% | $149,900 +9.2% |
| 2021 | $10,037 +5.5% | $137,230 -1.4% |
| 2020 | $9,511 -3.8% | $139,120 +8.1% |
| 2019 | $9,884 | $128,750 +9.9% |
| 2018 | $9,884 +8.4% | $117,130 -1.1% |
| 2017 | $9,121 +5.8% | $118,470 -8.2% |
| 2016 | $8,619 -1.7% | $129,050 |
| 2015 | $8,765 | $129,050 +14.8% |
| 2014 | -- | $112,410 +28.6% |
| 2013 | -- | $87,430 |
| 2012 | -- | $87,430 -2.1% |
| 2011 | -- | $89,330 -26.7% |
| 2010 | -- | $121,920 -25.5% |
| 2009 | -- | $163,570 -2.1% |
| 2008 | -- | $167,000 +25% |
| 2007 | -- | $133,600 +49.2% |
| 2006 | -- | $89,550 |
| 2005 | -- | $89,550 +6.9% |
| 2004 | -- | $83,750 |
| 2003 | -- | $83,750 -0.7% |
| 2002 | -- | $84,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 85253
Nearby schools
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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