
Paradise Valley, AZ 85253
This Mediterranean estate represents a Strong Value Opportunity, listed at $4,595,000—positioned well below the $5,047,022 Fair Market Value by 8%. This valuation gap provides $452,022 in Instant Equity. Featuring a Condition Rating of 4, the home offers a resort-style outdoor oasis with a heated salt water pool and mountain views. While the interior reflects a vintage aesthetic, the expansive 42,476 sqft lot and proximity to top-rated Cherokee Elementary make this an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a prestigious Paradise Valley lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5129 E BERYL Avenue Subject | $4,200,000* List Price | 6 | 8 | 7,225 | $600 | - |
A 5225 E TURQUOISE Avenue Active | $3,995,000 List Price | 5 | 5 | 5,914 | $676 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 with interior finishes and a Mediterranean aesthetic that appear to stem from a renovation approximately 20-25 years ago. While the home is grand and well-maintained, elements like the mirrored wet bar, specific tile patterns, and heavy wood accents are dated and require cosmetic updates to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42476, living area = 7225.
Elementary School: Cherokee Elementary School (9/10).
The estate features an expansive outdoor oasis with a heated salt water pool, spa, cooling misters, and a comprehensive built-in kitchen, ideal for high-end entertaining in the Arizona climate.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 7225, other record living area = 8077.
Built in 1978, the property may require significant capital investment to modernize mechanical systems and interior aesthetics to compete with newer luxury builds in the area.
The conversion of the fourth garage bay into an office space reduces dedicated vehicle storage, which may be a drawback for luxury buyers with large car collections.
Price improvement with a motivated Seller! Luxury Mediterranean estate on nearly an acre in prestigious Paradise Valley, offering privacy, space, and a premier location near world-class golf, fine dining, and luxury resorts. This 7,225-square-foot home delivers timeless design and exceptional indoor-outdoor living. The floor plan includes a private upstairs guest suite/retreat with custom built-ins, full wet bar, refrigerator, and bath--ideal for guests, multi-generational living, or executive entertaining. A flexible office or bonus room (converted fourth garage bay) adds versatility with future potential. The resort like heated salt water pool and a spa offer relaxing areas with room for entertaining with misters and a large built in outdoor kitchen with many features... Additionally the primary bedroom suite is very private with easy access on the main floor including his and hers bathrooms as well as separate walk in closets. The cozy sitting area adjoining the suite is complete with a fireplace to enjoy quiet evenings.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 86% |
| Baths | 8.0 | 4.0 | 95% |
| Square foot | 7,225 | 4,789 | 78% |
| Lot Size | 42,476 | 43,791 | 38% |
| Price | $4.20M | $2.60M | 73% |
| Price per sq ft | $581 | $622 | 49% |
| Built year | 1978 | 1983 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 3064 | 3% |
Jun 9, 2026
$4,200,000
$4,595,000
-9% Price Drop
Initial Listing
May 21, 2026
$4,595,000
Initial Listing