
Paradise Valley, AZ 85253
This Exquisite Remodeled Estate is a High-Potential Investment Opportunity, listed at $4,950,000—positioned well below the $5,657,749 Fair Market Value by 12%. This valuation provides $707,749 in Instant Equity for a property boasting an Excellent Condition Rating. The comprehensive 2018 remodel features marble countertops, a versatile detached casita, and a resort-style pool and spa on a sprawling acre lot. Located near top-rated Cherokee Elementary (9/10), it perfectly balances luxury lifestyle with significant financial upside. This is the definitive choice for Luxury Homebuyers or Discerning Families seeking a sophisticated sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5501 E SANNA Street Subject | $4,950,000* List Price | 5 | 6 | 5,469 | $1,035 | - |
A 5518 E Sanna Street Sold | $4,175,000 | 4 | 5 | 5,559 | $751 | 0.1 mi |
B 4945 E Mountain View Road Active | $5,795,000 List Price | 5 | 6 | 5,338 | $1,086 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive remodel in 2018 with additional recent high-end upgrades, bringing all components to current luxury standards. The interior features modern wide-plank wood flooring, marble countertops, custom cabinetry, and contemporary light fixtures. The kitchen and bathrooms are fully modernized with premium finishes like freestanding tubs and designer tiling, and the overall aesthetic shows no signs of physical depreciation or deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46601, living area = 5469.
Elementary School: Cherokee Elementary School (9/10).
Extensively remodeled in 2018 with high-end upgrades including marble countertops and custom cabinetry, offering a sophisticated, move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5469, other record living area = 5044.
Despite the comprehensive 2018 remodel, the 1987 original construction may still possess some structural or utility elements that lack the efficiency of a modern new-build estate.
With only two secondary bedrooms located in the main house wing, the floor plan may feel restrictive for larger families who prefer more sleeping quarters under the primary roof.
Located on a quiet and charming street, this move-in-ready residence blends exceptional quality and thoughtful design with Arizona's signature indoor-outdoor lifestyle. Originally reimagined in a comprehensive 2018 remodel, the home has been further elevated with quality upgrades, reflecting a meticulous attention to detail throughout. Just beyond the entry, a grand living room with soaring ceilings and a dramatic double-sided fireplace opens seamlessly to the outdoors, creating the perfect setting for both intimate evenings and entertaining. The beautifully appointed kitchen features quality custom cabinetry and a center island with seating, serving as both a functional workspace and natural gathering point. The primary wing offers a bedroom or flex space in addition to the luxurious primary suite. The primary bathroom is a timeless sanctuary featuring marble countertops, a freestanding tub, and two oversized walk-in closets. In the secondary wing, two well-appointed bedrooms and a beautifully designed powder room provide comfort for family or guests. Beyond the main house, a versatile detached casita with its own bathroom provides the ideal footprint for a private guest retreat, executive home office, fitness studio or creative space. The lush backyard is a destination in itself, centered around an oversized pool and spa complemented by an accent fireplace. Whether you are enjoying a quite evening or hosting a sunset soirée, this home offers a desired lifestyle curated for comfort and effortless desert living.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 6.0 | 4.0 | 71% |
| Square foot | 5,469 | 4,717 | 66% |
| Lot Size | 46,601 | 44,038 | 71% |
| Price | $4.95M | $2.50M | 79% |
| Price per sq ft | $905 | $683 | 74% |
| Built year | 1987 | 1983 | 62% |
| HOA | $610 | $0 | 79% |
| Days on market | 48 | 2511 | 1% |
Mar 5, 2026
$4,950,000
Initial Listing