
Paradise Valley, AZ 85253
This High-Potential Investment Opportunity is listed at $7,599,000, positioned well below the $7,850,671 Fair Market Value by 3%. This valuation gap offers $251,671 in Instant Equity. Featuring a Condition Rating of 2 with high-end renovations, this 9,336 sqft estate includes a resort-style pool, lighted tennis court, and a fully equipped casita. With its versatile multi-generational layout and prime Mummy Mountain views, this property is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a turnkey desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5315 E PARADISE CANYON Road Subject | $7,599,000* List Price | 7 | 8 | 9,336 | $841 | - |
A 5526 E ROADRUNNER Road Active | $5,900,000 List Price | 5 | 7 | 7,484 | $788 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1974, the property has undergone an extensive, high-end luxury renovation within the last 5 years. The chef's kitchen features professional-grade appliances and a walnut island, while the primary bath boasts modern Calacatta marble and updated fixtures. The interior finishes, including the marble flooring and custom millwork, are in mint condition, indicating that all major systems have been modernized to support the 9,336 sqft estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91718, living area = 9336.
The estate offers four distinct living areas, including a 1,500 sqft second-floor residence and a fully equipped casita, providing unparalleled privacy for guests or extended family.
Situated on over two acres at the base of Mummy Mountain, the property features a regulation lighted tennis court, a resort pool with fountains, and expansive travertine terraces.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9336, other record living area = 8961.
Originally built in 1974, the home may have underlying infrastructure or system ages that could concern buyers looking for the efficiency of a newer construction luxury build.
The assigned public schools for this address have ratings ranging from 6 to 7, which may be a consideration for families prioritizing top-tier academic performance.
Rarely does a property of this scale, craftsmanship, and setting come to market in Paradise Valley. Nestled at the base of Mummy Mountain, this extraordinary gated luxury estate spans 9,336 square feet across four distinct living areas -- delivering the privacy of a true desert retreat with the amenities of a private resort. The main house opens through a carved stone entry arch into a two-story foyer featuring a sweeping iron-and-marble staircase, polished marble floors with a custom inlay medallion, and a crystal chandelier. Principal rooms include a grand living room anchored by a hand-carved antique fireplace surround with bas-relief medallion, a dramatic crimson-walled formal dining room, a family room with custom marble-and-hardwood checkerboard floors, and a chef's kitchen with professional 6-burner range, arched stone hood, diamond mosaic backsplash, double wall ovens, and an oversized walnut island -- flowing to a breakfast nook with brick fireplace and direct pool access. A walnut-paneled library with fireplace, formal powder room with gold mosaic vanity, and butler's pantry complete the main level. The Primary Suite occupies its own private wing with coffered tray ceiling, mood-setting rope lights, gas fireplace, and French doors to the pool terrace. The primary bath features a soaking tub beneath a vaulted arch alcove with canyon views, bookmatched Calacatta marble shower, and dual vanities. The Second Floor Residence is the original primary suite -- approximately 1,500 square feet with separate entrance, private covered patio, and spectacular mountain views. The Guest Wing offers three bedrooms -- one en-suite and two sharing a beautiful Jack and Jill bath -- with soaring vaulted ceilings throughout. The Fully Equipped Casita provides a complete independent residence with bedroom, full kitchen with Viking range, jetted tub bath, and private laundry. Outside: resort pool with fountains and spa, vast travertine terrace, circular fire pit, covered loggia with fire table, and a regulation lighted tennis court with shaded pavilion -- all framed by Mummy Mountain.
No exterior & parking available.
Grades PK-6 • 2.5 mi
Grades 6-8 • 4.4 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 8.0 | 0.0 |
| Square foot | 9,336 | - |
| Lot Size | 91,718 | - |
| Price | $7.60M | $4.62M |
| Price per sq ft | $814 | $1.1K |
| Built year | 1974 | 0 |
| HOA | $0 | $0 |
| Days on market | 20 | 2902 |
Jul 2, 2026
$7,599,000
Initial Listing