5434 E Lincoln Drive 72, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 3 bed, 4 bath
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Paradise Valley, AZ 85253
This Sophisticated Paradise Valley Estate is a High-Potential Investment Opportunity listed at $2,900,000—positioned well below the $3,027,338 Fair Market Value by 4%. This valuation gap provides $127,338 in Instant Equity. Boasting a Mint Condition Rating, the residence features a chef's kitchen with a Bertazzoni range, French Oak flooring, and a panoramic sky loft overlooking Camelback Mountain. Located near top-rated Kiva Elementary, residents enjoy exclusive Camelback Inn resort perks. This is an elite acquisition for Owner-Occupants or Luxury Real Estate Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5434 E Lincoln Drive 72 Subject | $2,550,000* List Price | 3 | 4 | 3,338 | $824 | - |
A 5434 E LINCOLN Drive E 36 Pending | $2,900,000 List Price | 3 | 4 | 3,344 | $867 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1972, the property has undergone significant high-end renovations including a chef's kitchen with a Bertazzoni range, French Oak flooring, and full replacement of HVAC units. The interior finishes and systems are in mint condition, meeting the criteria for a recent comprehensive renovation.
Nestled in a prestigious guard-gated community between Mummy and Camelback Mountains, the property features a unique 'sky loft' that provides breathtaking panoramic views of the iconic landscape and city lights.
Residents benefit from a luxury lifestyle with unique perks at the Camelback Inn, including white-glove room service delivered to the door and curated community social events like live acoustic performances.
The residence showcases sophisticated finishes including French Oak flooring, a chef's kitchen with a Bertazzoni Italian range, and a private 410 sqft guest casita ideal for visitors or a home office.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The association fee of $2,500 is exceptionally high, which may be a deterrent for buyers sensitive to significant monthly recurring expenses.
Built in 1972, the property's core infrastructure is over 50 years old, which may present ongoing maintenance challenges compared to newer luxury constructions in the area.
Experience ''Colonia's Crown,'' the pinnacle of Paradise Valley living in the prestigious, guard-gated community of Colonia Miramonte. Perched atop the neighborhood, this sophisticated residence offers 3,338 total sqft of refined living space, beautifully positioned between the iconic Mummy and Camelback Mountains. The home welcomes you through a sprawling, private courtyard that sets a tone of secluded relaxation. The 2,928 sqft (2 bed/2 bath) main home features an elegant living area furnished with French Oak flooring and a regal fireplace. The chef's kitchen is tastefully designed, featuring a Bertazzoni Italian range, premium granite countertops, and a wine fridge. (continued in supplement remarks) Every bedroom, including the spacious primary suite complete with a dual-vanity and soaking tub, offers direct access to the lushly landscaped grounds through charming French doors. For a truly elevated experience, the versatile "sky loft" provides a premier vantage point for breathtaking panoramic views of Camelback Mountain and city lights. The property includes a private 410 sqft guest casita (1 bed/1 bath), ideal for visitors or a home office. Significant updates include the full replacement of two HVAC units, new flooring in the primary suite, beautiful doors in bedroom two, and the addition of a half bath in the sky loft. Residents of Colonia Miramonte enjoy a lifestyle like no other including "yappy hour" at one of the neighborhood parks, live acoustic performances, and exclusive perks at the Camelback Inn, such as white-glove room service delivered straight to your door. Whether seeking a year-round residence or a lock-and-leave retreat, this is Paradise Valley living at its finest.
No exterior & parking available.
Grades PK-6 • 1.9 mi
Grades 6-8 • 3.9 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 22% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,338 | 4,327 | 32% |
| Lot Size | 10,545 | 43,791 | 11% |
| Price | $2.55M | $2.55M | 50% |
| Price per sq ft | $764 | $667 | 59% |
| Built year | 1972 | 1983 | 32% |
| HOA | $2500 | $0 | 92% |
| Days on market | 53 | 3065 | 3% |
Jun 9, 2026
$2,550,000
$2,699,000
-6% Price Drop
Initial Listing
May 19, 2026
$2,699,000
$2,900,000
-7% Price Drop
Initial Listing
Apr 23, 2026
$2,900,000
Initial Listing