
Paradise Valley, AZ 85253
This Premium Paradise Valley Estate is a Prime Investment Opportunity, listed at $2,900,000—positioned below the $2,994,985 Fair Market Value by 3%. This valuation gap provides $94,985 in Instant Equity. While maintaining a Condition Rating of 4, the residence offers iconic Camelback Mountain views and a rare golf cart garage with direct course access. Located near top-rated Kiva Elementary, this property serves as a versatile canvas for modernization. It is an ideal acquisition for Luxury Renovators or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5525 E LINCOLN Drive 105 Subject | $2,850,000* List Price | 4 | 4 | 3,424 | $868 | - |
A 5635 E LINCOLN Drive 26 Sold | $2,600,000 | 4 | 4 | 2,920 | $890 | 0.4 mi |
B 5434 E Lincoln Drive 50 Active | $3,400,000 List Price | 4 | 4 | 3,335 | $1,019 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the home is well-maintained but significantly dated with finishes likely from a 20-30 year old renovation, including older carpeting, vintage stone masonry, and 90s-style built-ins. The listing description explicitly suggests a full remodel or building a dream home, indicating that while functional, the systems and aesthetics require modernization.
Situated in the prestigious Mountain Shadows West, the property offers rare, unobstructed views of both the golf course and Camelback Mountain, providing a quintessential Paradise Valley backdrop.
The inclusion of a dedicated golf cart garage with direct access to the course is a rare and premium feature that significantly enhances the luxury lifestyle appeal.
With over 3,400 square feet on a premium lot, this property serves as a versatile canvas for a high-end remodel or a custom new build, supported by strong surrounding property values.
Built in 1963, the residence likely requires significant modernization or a full renovation to meet the aesthetic and efficiency standards expected at this price point.
The association fee of $2,075 is substantial, which may be a consideration for buyers evaluating the long-term cost of ownership in this community.
Endless opportunity awaits with this exceptional Paradise Valley residence, perfectly positioned within the highly sought-after community of Mountain Shadows West. Set on a premium lot, the home captures breathtaking golf course views alongside the iconic backdrop of Camelback Mountain- an ideal blend of luxury and location. Spanning 3,424 square feet, this elegant yet inviting home offers 4 bedrooms and 3.5 bathrooms, designed with both comfort and flexibility in mind. A grand entry welcomes you into expansive living spaces, where a dual-sided fireplace seamlessly connects the family room and living room, creating a warm and sophisticated atmosphere. The well-appointed kitchen opens to the spacious family room, making it ideal for both everyday living and entertaining. Additional highlights include a formal dining room, a generously sized primary suite with a large walk-in closet and 3 guest bedrooms that can offer the versatility as spaces that can also easily serve as a home office, or a den. Outdoor living is equally impressive, featuring a beautifully designed backyard with both covered and uncovered flagstone patios--perfect for enjoying Arizona's year-round sunshine and stunning views. A rare bonus, the separate golf cart garage offers direct access to the golf course, enhancing the lifestyle this home provides. Whether you choose to move in and enjoy as-is, update with your personal touches, undertake a full remodel, or build your dream home, this property offers incredible potential--all supported by strong surrounding sales.
No exterior & parking available.
Grades PK-6 • 1.8 mi
Grades 6-8 • 3.8 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,424 | 4,762 | 26% |
| Lot Size | 11,878 | 43,791 | 13% |
| Price | $2.85M | $2.60M | 51% |
| Price per sq ft | $832 | $667 | 64% |
| Built year | 1963 | 1983 | 13% |
| HOA | $2075 | $0 | 89% |
| Days on market | 36 | 2683 | 2% |
May 26, 2026
$2,850,000
$2,900,000
-2% Price Drop
Initial Listing
May 1, 2026
$2,900,000
Initial Listing