
Paradise Valley, AZ 85253
This Sophisticated Single-Level Estate is a High-Potential Investment Opportunity listed at $2,900,000—positioned well below the $2,990,953 Fair Market Value by 3%. This valuation gap provides $90,953 in Instant Equity. Boasting a Move-in Ready Condition Rating, the residence features a Gourmet Kitchen, vaulted wood-beamed ceilings, and a Detached Guest House. Located in the prestigious Colonia Miramonte near Kiva Elementary, it offers breathtaking Mountain Views. This is an ideal acquisition for Owner-Occupants or Luxury Renovators.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5434 E LINCOLN Drive E 36 Subject | $2,900,000* List Price | 3 | 4 | 3,344 | $894 | - |
A 5635 E LINCOLN Drive 26 Sold | $2,600,000 | 4 | 4 | 2,920 | $890 | 0.4 mi |
B 5434 E LINCOLN Drive E 1 Active | $2,800,000 List Price | 3 | 4 | 2,891 | $969 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior updates, including a gourmet kitchen with high-end stainless appliances and premium granite countertops. While the original structure dates to 1967, the interior showcases modern finishes, vaulted wood-beamed ceilings, and well-maintained flooring. The presence of a mini-split cooling system in the bedroom and the overall sophisticated presentation suggest the home has been extensively updated within the last 5 to 15 years, though it retains some vintage infrastructure.
Located in the prestigious Colonia Miramonte with 24-hour guard gates, offering unparalleled security and privacy in Arizona's most sought-after zip code.
This rare single-level estate includes a detached guest house and dramatic vaulted wood-beamed ceilings, providing both architectural character and flexible accommodations for visitors.
The property features a private courtyard with flagstone patios and stunning mountain views, perfectly capturing the quintessential Paradise Valley indoor-outdoor lifestyle.
The $2,500 association fee represents a significant recurring expense that may impact the overall cost of ownership compared to other luxury properties.
Originally built in 1967, the property may require more frequent maintenance or updates to its aging structural and mechanical systems despite modern interior finishes.
Experience unparalleled sophistication in this 3,344 sq. ft. estate nestled behind the prestigious 24-hour guard gates of Colonia Miramonte. This rare single-level residence boasts dramatic vaulted, wood-beamed ceilings and a grand fireplace, creating an atmosphere of refined elegance. The gourmet kitchen features premium granite counters and high-end stainless appliances.A detached guest house provides private accommodations for visitors. Step outside to your private courtyard oasis with flagstone patios and breathtaking mountain views. Residents enjoy a vibrant social atmosphere with curated excursions and a heated community pool/spa. Discover the perfect blend of privacy and community in Arizona's most coveted zip code
No exterior & parking available.
Grades PK-6 • 1.8 mi
Grades 6-8 • 3.8 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 | 21% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,344 | 4,661 | 27% |
| Lot Size | 10,562 | 43,984 | 7% |
| Price | $2.90M | $2.50M | 55% |
| Price per sq ft | $867 | $683 | 70% |
| Built year | 1967 | 1982 | 23% |
| HOA | $2500 | $0 | 90% |
| Days on market | 51 | 2511 | 1% |
Mar 2, 2026
$2,900,000
Initial Listing