6940 E Indian Bend Road Paradise Valley, 85253

Bedrooms:
6
Bathrooms:
8
Square Feet:
6,655 sqft
Price $5,900,000 .00
Approx /month
Get More Details
Sale Price:
$5,900,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$14,229
Insurance: (year)
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Virtual Tour of 6940 E Indian Bend Road , Paradise Valley 85253

Property Description

Privately gated generational resort home directly opposite the prestigious new Ritz-Carlton & Palmeraie shopping and dining district, but with all the reasons people are flocking to Paradise Valley from all over the globe: Spacious acreage with custom distinctive architecture, assuring privacy and differentiation from neighboring parcels. Adding to this true walkability to the finest shopping and dining district that will exist in the Americas. This luxurious privately gated estate, boasting a main house just under 5,000 square feet, complemented by three poolside casitas, bringing the total living space to 6,655 square feet when fully occupied. Perfect for multi-generational or long-term guests, providing both cohesion and privacy for a multi-generational living experience. This custom built 2017 privately gated estate is MODERN AND BRIGHT, with no steps, no HOA, Fully manicured resort pool with large roll in ramped Baja beach entry and covered gazebo outdoor kitchen. As you approach the property, grand motorized gates open to a captivating GRAND ENTRY. A beautifully paved circular drive, lush green turf, and a RECEPTION COURTYARD with fireplace set the stage for passed hors d'oeuvres and cocktails with clear views of Camelback Mountain. The large circular paved driveway provides access to garages on both sides of the home for 5 cars garaged and space for twenty or more guest vehicles. Grand front steel and glass door opens to views of pool water features through the retractable 10 foot high wall of glass providing a seamless transition from open great room living to extensive covered patios creating true outside Arizona living. Richly detailed, timeless architecture with transitional styling, hand carved moldings, Dramatic Coffered Ceilings and rich craftsmanship. Outdoors features Gourmet Kitchen, Entertainer's pool deck with Baja beach entry, flanked by poolside Gazebo featuring 8-person high-top granite island adjacent outdoor kitchen with grill, frig, sink, warming drawer, built in speakers and A/V electrical hookup. The Primary Owner's wing is thoughtfully designed with a split layout, accompanied by its own private side-entry garage. The guest wing offers an additional garage and an indoor ''Costco-style'' bulk supply room for added convenience. Recent upgrades include new underground plumbing and various improvements, ensuring a modern and efficient living experience. The interior features a Dining Room and a spacious Office to either side of the Foyer, each with double doors leading to the courtyard. Additional highlights include a Game Room, Formal Dining area, Butler Pantry with Wine Closet, expansive laundry room, separate outdoor pool bath, and walk-in closets with luxurious wood organizers in all bedroom walk-in closets. The property also boasts an audio equipment room (equipment conveys). Outdoor enthusiasts will appreciate the dazzling heated pool with a large Baja shelf, gazebo, and an outdoor kitchen with a granite 8-seat island, A/V hookups for TV, and stunning views of Mummy Mountain. The estate's ample grounds extend to the west, offering additional land with an RV Gate and mature citrus trees. This space can be utilized for an additional garage, sports court, or pickleball court. Moreover, the convenience of walking to the new Ritz, set to open in 2024-2025, adds an extra layer of luxury to this already impressive property. The Ritz Villas and custom homes in progress nearby promise a vibrant community atmosphere, with one corner of the 110-acre site dedicated to the Scottsdale Palmeraie ''the most anticipated experiential shopping, dining, and living destination in North America.'' Embrace the epitome of upscale living in this extraordinary estate.

General Information

Price:
$5,900,000
Status:
Active
Listing Updated:
9/29/2024
List Date:
7/26/2023
Close Date
Square Feet:
6,655
Bedrooms:
6
Bathrooms:
8
Garage Spaces:
5.00
Year Built:
2017
Builder Name:
Tbd
Subdivision:
Adobe Ranch Unit 1
City:
Paradise Valley
Zip:
85253
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$14,229
Tax Year:
2022
MLS ID:
6585064
Listing Attribution:
Realty Executives 602-980-0737

Property Features

Interior Features
Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Furnished(See Rmrks), Fire Sprinklers, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
Exterior Features
Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Yard, Storage, Built-in Barbecue
Flooring
Carpet, Stone, Tile
Laundry
Fireplace Features
3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
Cooling
Refrigeration, Programmable Thmstat, Ceiling Fan(s)
Heating
Natural Gas
Utilities
Pool
Play Pool, Private
Spa
None
Construction Finish
Painted, Stucco, Frame - Wood
Roofing
Tile
Water
City Water
Sewage
Public Sewer
Fencing
Block, Wrought Iron

School Information

High School:
Saguaro High School
High School District:
Scottsdale Unified District
Middle School:
Mohave Middle School
Elementary School:
Kiva Elementary School
Elementary School District:
Scottsdale Unified District

Community Information

Subdivision:
Adobe Ranch Unit 1

Lot Information

Lot Size (sq feet):
43,494
Lot Features:
Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Fencing:
Block, Wrought Iron

Location Information

Directions:
Privately gated directly across Ritz Resort AZURE homes under construction (west off Scottsdale Rd)
Cross Street:
Scottsdale Rd & Indian Bend Rd
Map:
View on Map

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

6940 E Indian Bend Road Paradise Valley AZ 85253

Property Type:
Single Family - Detached
Bedrooms:
6
Bathrooms:
8
Interior SqFt:
6655
Interior Stories:
1
Year Built:
2017

5 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.11 Miles
$5,445,000
0.96 Miles
$5,300,000
1.31 Miles
$2,500,000
1.31 Miles
$18,750,000
1.34 Miles
$9,650,000

17 Active Properties

Address
Distance/Miles
Active Price
Details
1.01 Miles
$7,890,000
1.92 Miles
$3,500,000
0.18 Miles
$6,500,000
0.82 Miles
$4,750,000
0.49 Miles
$11,000,000
1.64 Miles
$7,500,000
0.64 Miles
$6,990,000
1.87 Miles
$9,250,000
0.64 Miles
$8,995,000
1.33 Miles
$10,800,000
1.17 Miles
$4,650,000
1.98 Miles
$9,995,000
1.21 Miles
$13,578,000
1.57 Miles
$18,495,000
1.12 Miles
$7,500,000
0.58 Miles
$12,995,000
0 Miles
$5,900,000