
Phoenix, AZ 85018
This Ultra-Luxury Hillside Estate represents a Strong Value Opportunity, listed at $12,750,000—positioned well below the $13,361,565 Fair Market Value by 4%. This valuation gap offers $611,565 in Instant Equity. Featuring a Condition Rating of 2, this architectural masterpiece includes an infinity edge pool, cantilevered guest house, and panoramic mountain views. While the property requires high-level maintenance, its unique amenities and prime location offer an unparalleled lifestyle. This is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a trophy asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4949 E RED ROCK Drive Subject | $12,750,000* List Price | 4 | 7 | 9,084 | $1,471 | - |
A 4725 N 56TH Street Active | $11,500,000 List Price | 4 | 7 | 6,982 | $1,647 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1980 build date, this ultra-luxury hillside estate has undergone a massive, high-end contemporary renovation. The property features mint-condition finishes, state-of-the-art amenities like a frozen rail bar and infinity pool, and modern architectural elements that indicate a recent top-tier overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54579, living area = 9084.
The estate features unique, high-end amenities including a cantilevered guest house, an indoor rock climbing wall, and an infinity-edge pool, offering an unparalleled entertainment experience.
Nestled against the iconic Red Rocks of Camelback Mountain, the property provides breathtaking panoramic views and a prestigious, secluded setting in one of Phoenix's most desirable areas.
The extensive luxury features, including multiple waterfalls, fire elements, and tiered putting greens, will require significant ongoing maintenance and high utility expenditures.
While the elementary school is highly rated, the assigned middle and high schools have lower ratings (6 and 5 respectively), which may be a consideration for families prioritizing top-tier public education.
Come experience this breathtaking hillside home. Red Rocks of Camelback provide a backdrop for the extraordinary architecture with elements that blend beautifully into the scenery and elements that provide exceptional juxtaposition with contemporary flair. Views are panoramic, and luxury finishes and furnishings are over the top. Just a few of the incredible features include the infinity edge pool, cantilevered guest house, in-house bar with frozen rail, game room with red rock climbing wall, rooftop seating and fire features, tiered putting greens and several massive waterfalls. Epic is just the beginning.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 7.0 | 2.0 |
| Square foot | 9,084 | 1,850.5 |
| Lot Size | 54,579 | 7,313 |
| Price | $12.75M | $481.7K |
| Price per sq ft | $1.4K | $289 |
| Built year | 1980 | 1987 |
| HOA | $0 | $175 |
| Days on market | 16 | 757 |
Aug 1, 2026
$12,750,000
Initial Listing