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Sold for $4,525,000
  • $4,525,000

    7348 N RED LEDGE Drive, Paradise Valley, AZ 85253

    5beds
    4baths
    5,304sqft
    Single Family Residence
    Built in 1960
    0.81 Acres Lot
    $4,433,100 Zestimate®
    $853/sqft
    $7,889 Estimated rent

    Home value

    $4,433,100

    $4.03M - $4.88M

    $7,889/mo

    Zestimate® history
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    $25,426/mo

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    What's special

    An exceptional example of Modern Spanish architecture and interior design make this a must-see lock and leave home in beautiful Clearwater Hills. On a flat 35,000 square foot lot; covered patios, lush grass, and native plants make for a low maintenance landscape with plenty of room for entertaining and enjoying the unstoppable views of Camelback Mountain. Totally rebuilt and taken to the studs in 2022, the interiors are spacious, and light filled with a gourmet kitchen opening to a family room with a fireplace and a fabulous bar. There is a stunning library/den, powder room, gorgeous dining room, and a huge great room with fireplace on the main floor. Upstairs you will find a serene primary suite with an attached office that could be converted to a bedroom. There are two guest rooms that share a jack and jill bathroom as well as a second master suite. This home is all about comfortable, elegant living whether it is your primary residence or a second home you can't wait to visit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Libby Cohen 602-291-1446,

    RETSY,

    Julie Rohr 602-317-5667,

    RETSY

    Bought with:

    Libby Cohen, SA572812000

    RETSY

    Julie Rohr, SA642841000

    RETSY

    Source: ARMLS,MLS#: 6805445MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Gas Cooktop, Water Purifier
    Features
    • High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Tile, Wood
    • Windows: Skylight(s), Low Emissivity Windows, Double Pane Windows, Wood Frames
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Exterior Fireplace, Free Standing, Family Room, Living Room, Master Bedroom, Gas
    Interior area
    • Total structure area: 5,304
    • Total interior livable area: 5,304 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets
    • Garage spaces: 4
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Playground, Balcony, Private Yard, Storage, Built-in Barbecue
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wrought Iron
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 0.81 Acres
    • Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Additional structures: Gazebo
    • Parcel number: 16916026

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Spanish
    • Property subtype: Single Family Residence
    Materials
    • Spray Foam Insulation, Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 1960

    Utilities & green energy

    • Water: Pvt Water Company

    Community & HOA

    Community
    • Features: Gated, Guarded Entry, Biking/Walking Path
    • Security: Fire Sprinkler System, Security System Owned
    • Subdivision: CLEARWATER HILLS PRVT ROADS & TR A
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Maintenance Grounds, Street Maint, Trash
    • HOA fee: $4,750 annually
    • HOA name: Clearwater Hills
    • HOA phone: 480-922-9080
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Price per square foot: $853/sqft
    • Tax assessed value: $2,314,500
    • Annual tax amount: $9,435
    • Date on market: 9/24/2025
    • Cumulative days on market: 61 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/12/2025Sold$4,525,000+0.7%$853/sqft
    Source: ARMLS #6805445 Report a problem
    2/18/2025Price change$4,495,000-3.3%$847/sqft
    Source: ARMLS #6805445 Report a problem
    1/15/2025Listed for sale$4,650,000+132.5%$877/sqft
    Source: ARMLS #6805445 Report a problem
    9/30/2020Sold$2,000,000-7%$377/sqft
    Source: ARMLS #6085747 Report a problem
    9/23/2020Pending sale$2,150,000$405/sqft
    Source: Walt Danley Christie's International Real Estate #6085747 Report a problem
    6/2/2020Price change$2,150,000-8.5%$405/sqft
    Source: Walt Danley Christie's International Real Estate #6085747 Report a problem
    6/4/2019Listed for sale$2,350,000+184.8%$443/sqft
    Source: Coldwell Banker Residential Brokerage #5934749 Report a problem
    3/27/2013Listing removed$825,000$156/sqft
    Source: Walt Danley Realty, LLC #4905465 Report a problem
    3/16/2013Listed for sale$825,000+41249900%$156/sqft
    Source: Walt Danley Realty, LLC #4905465 Report a problem
    3/2/2011Listing removed$2
    Source: Coldwell Banker Residential Brokerage #4333234 Report a problem
    2/25/2011Listed for sale$2-100%
    Source: Coldwell Banker Residential Brokerage #4333234 Report a problem
    7/2/2010Sold$2,250,000-9.6%$424/sqft
    Source: Public Record Report a problem
    2/8/2010Listed for sale$2,490,000$469/sqft
    Source: NRT Arizona #4333234 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,798 +12.6%$231,450 +5.8%
    2024$7,810 +1.5%$218,660 +67.1%
    2023$7,697 -10.2%$130,823 -0.4%
    2022$8,573 -5.2%$131,370 +10.7%
    2021$9,041 +5.6%$118,660 -12.5%
    2020$8,564 -3.8%$135,570 +16.5%
    2019$8,902 $116,400 +9.9%
    2018$8,902 +0.4%$105,950 -6.6%
    2017$8,868 +5.8%$113,470 -9.9%
    2016$8,379 +0.7%$125,900
    2015$8,321 $125,900 +22.4%
    2014-- $102,830 +20.8%
    2013-- $85,150
    2012-- $85,150 -4.7%
    2011-- $89,310 -24.4%
    2010-- $118,120 -14.2%
    2009-- $137,730 +0%
    2008-- $137,700 +25%
    2007-- $110,150 +31.1%
    2006-- $84,050
    2005-- $84,050 +9.9%
    2004-- $76,500
    2003-- $76,500 -1.8%
    2002-- $77,900
    Find assessor info on the county website

    Neighborhood: 85253

    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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    Estimated market value
    $4,433,100
    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
    $4,433,100