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Sold for $4,300,000
  • $4,300,000

    7620/7540 N RED LEDGE Drive #202, 205, Paradise Valley, AZ 85253

    --beds
    --baths
    16.46Acres
    Land
    Built in ----
    16.46 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Circular glass elevatorUninterrupted panoramic vistasStunning atrium lobbyCantilevered negative-edge poolGlass floorProfessional gym
    AUCTION BIDDING OPEN: Bidding ends 01/24. Previously listed at $11.8M. Current High Bid 3M! Perched atop the 2 highest view lots in Paradise Valley, this dual-lot estate presents an unmatched opportunity to create a desert masterpiece on over sixteen acres of breathtaking terrain. Selling collectively, the lots provide uninterrupted panoramic vistas encompassing Camelback Mountain, the downtown Phoenix skyline, and the vast Sonoran Desert. Build upon your wildest vision or use the thoughtfully designed plans that include a nearly 16,000-square-foot residence featuring sophisticated architectural details by Ivan Shongov and exceptional craftsmanship by Kurt Holland. The unapproved plans for this ultra-private estate boasts a cantilevered negative-edge pool with a glass floor, a 3,000-bottle wine room, a professional gym, and a stunning atrium lobby with a circular glass elevator. Whether it's retractable glass walls opening to expansive terraces to the rooftop retreat, any feature can be created and customized to harmonize luxury with the natural beauty of Arizona's iconic landscape. Minutes from world-class golf courses, fine dining, and vibrant Scottsdale culture, this property redefines desert living!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Jo Santistevan 480-703-4085,

    Berkshire Hathaway HomeServices Arizona Properties,

    Mike Santistevan 480-510-3150,

    Berkshire Hathaway HomeServices Arizona Properties

    Bought with:

    Donald G. Knight, SA663821000

    Compass

    Source: ARMLS,MLS#: 6795993MLS Logo

    Facts & features

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    Lot
    • Size: 16.46 Acres
    • Features: Gated Community, North/South Exp
    • Topography: Steep Sloping, Mountainous, Hillside
    • Residential vegetation: High Desert
    Details
    • Additional structures: None
    • Parcel number: 16912007D
    • Zoning: RES
    • Special conditions: Auction

    Utilities & green energy

    • Electric: APS
    • Sewer: Other, None
    • Water: Private

    Community & HOA

    Community
    • Security: Guarded Entry
    • Subdivision: CLEARWATER HILLS 2 LOT 202 and Lot 205
    HOA
    • Has HOA: Yes
    • HOA fee: $9,000 annually
    • HOA name: Clearwater Hills
    • HOA phone: 480-922-9080
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Annual tax amount: $23,156
    • Date on market: 2/22/2025
    • Cumulative days on market: 41 days
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/25/2025Sold$4,300,000+43.3%
    Source: ARMLS #6795993 Report a problem
    1/18/2025Price change$3,000,000-74.6%
    Source: Berkshire Hathaway HomeServices Arizona Properties #6795993 Report a problem
    12/19/2024Listed for sale$11,800,000
    Source: Berkshire Hathaway HomeServices Arizona Properties #6795993 Report a problem

    Public tax history

    Tax history is unavailable.

    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.