5923 E NORTH Lane, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 4 bed, 5 bath
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Paradise Valley, AZ 85253
This 2025 Ground-Up Luxury Reconstruction is a Prime Investment Opportunity listed at $2,899,000—positioned well below the $2,961,865 Fair Market Value by 2%. This valuation gap provides $62,865 in Instant Equity for a property with an Excellent Condition Rating. Featuring mountain views, 9-foot custom oak doors, and a resort-style pool with a travertine deck, this contemporary masterpiece is located in the prestigious "Three C's" school district, including the top-rated Cherokee Elementary (9/10). It is an unmatched sanctuary for Luxury Home Seekers or Executive Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5923 E NORTH Lane Subject | $2,699,990* List Price | 4 | 5 | 4,223 | $639 | - |
A 10228 N 55th Place Pending | $2,695,000 List Price | 5 | 3 | 4,169 | $646 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a 2025 ground-up reconstruction, effectively functioning as a brand-new luxury home. It features high-end contemporary finishes throughout, including porcelain tile flooring, 9-foot custom oak doors, and a gourmet kitchen with premium stainless steel appliances and soft-close cabinetry. All bathrooms are modern and spa-inspired, featuring high-quality fixtures and en-suite configurations. With all systems being new and the property showing no physical depreciation, it meets the highest quality standards.
Elementary School: Cherokee Elementary School (9/10).
Completely rebuilt from the ground up in 2025, this contemporary masterpiece offers the quality and peace of mind of new construction featuring high-end designer finishes, 9-foot custom oak doors, and porcelain tile throughout.
Nestled on a private cul-de-sac in the prestigious Country Estates of Paradise Valley, the home is located within the highly-coveted CCC school district and offers stunning mountain views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4223, other record living area = 4107.
At approximately 0.38 acres, the lot is notably smaller than the one-acre-plus estates typically associated with the Paradise Valley luxury market, which may limit total privacy or expansion potential.
The landscaping is designed for low-maintenance living, which may lack the lush, mature greenery and dense natural screening often preferred by high-end buyers in this price tier.
Listed below appraised value. Experience luxury living in this stunning contemporary residence. Completely rebuilt from the ground up, this 4,223 sq. ft. masterpiece was completed in 2025. Nestled among mountain views, tucked away on a private cul-de-sac in the tranquil Country Estates community of Paradise Valley, this home sits on nearly half an acre. It features 4 bedrooms, 4.5 bathrooms, a bright open-concept floor plan, and a split master retreat. Expansive windows, tall ceilings and east/west exposure fill the interior with natural light and beautiful views. Designer-selected finishes include porcelain tile flooring, 9-foot custom oak doors, and seamless transitions throughout the home. The gourmet kitchen showcases custom oak soft-close cabinetry, an oversized island with a breakfast bar, a gas cooktop, premium stainless steel appliances, and a walk-in pantry. The adjoining dining area opens to a wall of sliding glass doors, blending indoor and outdoor living. The primary retreat is a private sanctuary featuring a cozy fireplace, mountain views, and a custom-designed walk-in closet. The spa-inspired primary bath includes a dual-sink vanity, an oversized walk-in shower, a soaking tub, and a separate tankless smart toilet for ultimate comfort. Each of the additional three bedrooms offers an en-suite bathroom and walk-in closet, ensuring privacy for family and guests. Designed for entertaining, the home's large covered patio overlooks a brand new pool with an extended travertine pool deck and shaded ramada - perfect for gatherings year-round. The front and backyard are thoughtfully landscaped for low-maintenance living while leaving ample room to add your own touches. Located in the highly sought-after CCC school district and just minutes from golf, restaurants, and premier shopping, this exceptional home delivers the perfect balance of luxury, comfort, privacy and lifestyle.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 51% |
| Square foot | 4,223 | 4,762 | 45% |
| Lot Size | 16,695 | 43,791 | 17% |
| Price | $2.70M | $2.60M | 51% |
| Price per sq ft | $639 | $639 | 50% |
| Built year | 1970 | 1983 | 19% |
| HOA | $103 | $0 | 68% |
| Days on market | 73 | 2683 | 2% |
May 29, 2026
$2,699,990
$2,749,000
-2% Price Drop
Initial Listing
May 15, 2026
$2,749,000
$2,899,000
-5% Price Drop
Initial Listing
Mar 25, 2026
$2,899,000
Initial Listing