7140 N 40th Street 12 Paradise Valley, 85253

Bedrooms:
4
Bathrooms:
6
Square Feet:
8,132 sqft
Price $16,200,000 .00
Approx /month
Get More Details
Sale Price:
$16,200,000
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)
$14,161
Insurance: (year)
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Virtual Tour of 7140 N 40th Street 12, Paradise Valley 85253

Property Description

NOW SCHEDULING HARD HAT TOURS! Discover unparalleled privacy and serenity with the Jade residence in Crown Canyon, Arizona's most exclusive gated community under development by renowned builder BedBrock Developers. This award-winning ultra luxury home with architect CP Drewett and interior designer Mara Green is a true masterpiece. Its distinctive Frank Lloyd Wright inspired triangular form features primary living on the main level with soaring 19-foot ceilings that ascend to an impressive 24 feet encapsulated in glass. A grand staircase, or elevator for ease, takes you to the lower level with two secondary en-suite bedrooms, an oversized game/family room complete with a bar, and a separate fitness room. A detached casita perched above the four-car garage rests seamlessly on the hillside, offering a private retreat for guest. Sprawling outdoor decks, fireplaces and an outdoor kitchen surround the infinity pool and spa capturing 250 degree views of the raw desert landscape. This one-of-a-kind home is customized with premium materials and appliances, showcasing a steel construction and meticulous attention to detail throughout.

General Information

Price:
$16,200,000
Status:
Active
Listing Updated:
6/4/2024
List Date:
3/4/2024
Close Date
Square Feet:
8,132
Bedrooms:
4
Bathrooms:
6
Garage Spaces:
4.00
Year Built:
2024
Builder Name:
Bedbrock Developers
Subdivision:
Crown Canyon
City:
Paradise Valley
Zip:
85253
County:
Maricopa
HOA Y/N:
Yes
HOA Fee:
$1,500
HOA Paid Frequency:
Annually
HOA Transfer Fee:
0.000
Taxes:
$14,161
Tax Year:
2023
MLS ID:
6672341
Listing Attribution:
Bedbrock Real Estate Company
Buyer Agency Compensation:
3.00%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Property Features

Interior Features
Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home
Exterior Features
Covered Patio(s), Patio, Storage, Built-in Barbecue
Flooring
Other, Tile
Laundry
Fireplace Features
2 Fireplace, Exterior Fireplace, Fire Pit, Living Room, Master Bedroom
Cooling
Refrigeration, Programmable Thmstat, Ceiling Fan(s)
Heating
Electric
Utilities
Pool
Variable Speed Pump, Private
Spa
Heated, Private
Construction Finish
Stucco, Stone, Frame - Metal, Frame - Wood, Spray Foam Insulation
Roofing
Metal
Water
City Water
Sewage
Septic Tank
Fencing
None

School Information

High School:
Camelback High School
High School District:
Phoenix Union High School District
Middle School:
Ingleside Middle School
Elementary School:
Biltmore Preparatory Academy
Elementary School District:
Creighton Elementary District

Community Information

Subdivision:
Crown Canyon

Lot Information

Lot Size (sq feet):
119,972
Lot Features:
Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
Fencing:
None

Location Information

Directions:
North on 40th St, take the road to the end where you reach the gate of Crown Canyon.
Cross Street:
40th St & Lincoln Dr
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

7140 N 40th Street Paradise Valley AZ 85253

Property Type:
Single Family - Detached
Bedrooms:
4
Bathrooms:
6
Interior SqFt:
8132
Interior Stories:
2
Year Built:
2024

5 Closed Properties

Address
Distance/Miles
Closed Price
Details
2 Miles
$8,700,000
1 Miles
$3,915,000
1.14 Miles
$4,550,000
1.16 Miles
$10,392,587
1.33 Miles
$3,865,000

18 Active Properties

Address
Distance/Miles
Active Price
Details
0.64 Miles
$5,900,000
1.29 Miles
$9,000,000
1.6 Miles
$11,200,000
1.99 Miles
$5,595,000
1 Miles
$4,300,000
0 Miles
$16,200,000
0.91 Miles
$11,500,000
1.82 Miles
$8,100,000
0.5 Miles
$21,000,000
0.73 Miles
$10,500,000
0.82 Miles
$7,995,000
0.19 Miles
$15,000,000
0.27 Miles
$19,400,000
0.08 Miles
$17,800,000
0.33 Miles
$9,000,000
1.83 Miles
$12,250,000
1.3 Miles
$14,900,000
1.31 Miles
$8,500,000