4836 E MOONLIGHT Way, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 5 bed, 4 bath
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Paradise Valley, AZ 85253
This Quintessential Hacienda Estate is a Strong Value Opportunity, listed at $2,750,000—positioned well below the $2,888,748 Fair Market Value by 4%. This valuation gap offers $138,748 in Instant Equity for a property in Excellent Renovated Condition. Situated on an elevated 1.6-acre lot with unobstructed Camelback Mountain views, the home features a detached guest house, resort-style pool, and modernized chef’s kitchen. Located near top-rated Kiva Elementary, it perfectly balances luxury lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4836 E MOONLIGHT Way Subject | $2,695,000* List Price | 5 | 4 | 3,165 | $878 | - |
A 4545 E Pepper Tree Lane Sold | $2,650,000 | 5 | 4 | 3,270 | $810 | 0.9 mi |
B 4800 E CLEARWATER Parkway Pending | $2,375,000 List Price | 4 | 3 | 2,928 | $811 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1973, the property has undergone extensive recent renovations that meet modern luxury standards. The interior features a fully updated open-concept kitchen with white shaker cabinetry, premium stainless steel appliances, and designer tile backsplashes. High-quality hardwood-style flooring, contemporary light fixtures, and custom architectural details like the decorative coffered ceilings are present throughout. The exterior is equally well-maintained with a resort-style pool, outdoor kitchen, and a detached guest house, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 69547, living area = 3165.
Situated on an elevated 1.6-acre lot, the property offers stunning, unobstructed views of Camelback Mountain and surrounding peaks, providing a rare sense of privacy and scale in a premier location.
The home features tasteful updates that blend classic Arizona resort living with modern amenities, including a custom iron and glass entry, an oversized wine bar, and a seamless indoor-outdoor flow perfect for entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3165, other record living area = 2591.
Originally built in 1973, the property may possess older underlying plumbing or electrical systems that, despite cosmetic updates, could require more maintenance than a contemporary build.
With a listing price of $2.75M for approximately 3,165 square feet, the property commands a high price per square foot, which may challenge buyers prioritizing interior living space over lot size and views.
Privately gated and elevated on nearly 1.6 acres, this quintessential Paradise Valley estate greets you with sweeping mountain views from every angle. Tastefully updated, it evokes classic Arizona resort living with the warmth of hacienda charm. From the custom iron and glass entry, you'll find a home that is equally comfortable, effortless to manage, and ideal for entertaining. Every detail invites you to unwind -- the open kitchen, oversized wine bar, dining room with Camelback views, and expansive patio that opens to a lush, private oasis backyard. A detached guest house welcomes your loved ones in style. An owned solar system keeps energy costs remarkably low, with total electric bills under $2,000 last year. This is the one.
No exterior & parking available.
Grades PK-6 • 3.1 mi
Grades 6-8 • 5.0 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,165 | 4,661 | 22% |
| Lot Size | 69,547 | 44,038 | 92% |
| Price | $2.69M | $2.50M | 53% |
| Price per sq ft | $852 | $683 | 67% |
| Built year | 1973 | 1982 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 2511 | 1% |
Apr 17, 2026
$2,695,000
$2,750,000
-2% Price Drop
Initial Listing
Feb 19, 2026
$2,750,000
Initial Listing