3414 E MARLETTE Avenue, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 5 bed, 4 bath
Loading property details...
Paradise Valley, AZ 85253
This Renovated Luxury Residence is a Strong Value Opportunity, listed at $3,300,000—positioned well below the $3,514,866 Fair Market Value by 6%. This valuation gap offers $214,866 in Instant Equity. Featuring a Condition Rating of 3, the home boasts a Chef's Kitchen with premium appliances and a Guest Casita on a massive lot with Panoramic Mountain Views. This property balances high-end lifestyle amenities with significant financial upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier Paradise Valley address.
Property is move-in ready.
While built in 1974, the property has undergone a high-end renovation featuring premium materials like Wolf and Sub-Zero appliances, solid cherry cabinetry, and hickory flooring. The style and condition of the kitchen and finishes suggest a renovation within the 5-15 year range, making it well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42430, living area = 3644.
The property features a premium kitchen renovation equipped with professional-grade Wolf and Sub-Zero appliances, slab granite countertops, and custom cherry cabinetry, catering to luxury culinary standards.
Situated on a nearly one-acre lot in the prestigious Biltmore area of Paradise Valley, the property offers spectacular mountain views and significant space for further development or privacy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3644, other record living area = 3086. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1974, the slump-block construction and original infrastructure may present ongoing maintenance requirements or aesthetic limitations compared to modern luxury builds in the same price bracket.
The assigned high school carries a lower rating (3/10), which may be a consideration for families prioritizing top-tier public education performance in their home search.
Located in the desirable Biltmore area of Paradise Valley, this inviting home offers spectacular views and a rare opportunity. The residence has been thoughtfully renovated with quality finishes, including hickory flooring, solid cherry cabinetry, Pella windows and doors, and a well-appointed chef's kitchen featuring a Wolf gas range, warming drawer, Sub-Zero refrigerator and freezer, wine storage, slab granite countertops, and convenient pullout shelving. A beautiful guest casita with a full bathroom provides ideal accommodations for visitors, a private office, or flexible additional living space. The outdoor areas include an intimate entry courtyard with a fountain and a low-maintenance backyard with mature landscaping and a fire pit. The home's distinctive slump-block architecture adds warmth and character, while the extraordinary lot and views offer exciting potential to further enhance the existing residence or create something entirely your own. Ideally located near the airport, downtown sporting events, shopping, dining, and many of the Valley's best amenities.
No exterior & parking available.
Grades K-8 • 1.8 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,644 | - |
| Lot Size | 42,430 | - |
| Price | $3.30M | $4.62M |
| Price per sq ft | $906 | $1.1K |
| Built year | 1974 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 2902 |
Jul 7, 2026
$3,300,000
Initial Listing