
Paradise Valley, AZ 85253
This Luxury Paradise Valley Estate is a High-Potential Investment Opportunity, with a List Price of $3,899,999 positioned well below the $4,535,630 Fair Market Value by 14%. This valuation gap provides $635,631 in Instant Equity. Boasting a Condition Rating of 3, the home features unobstructed Camelback Mountain views, a private pool, and a massive 0.6-acre lot with expansion potential for a guest casita. Located in the exclusive Phoenician Estates near Kiva Elementary, it balances high-end lifestyle with significant financial upside. This is an elite acquisition for Luxury Value-Add Investors or Owner-Occupants targeting a high-equity landmark residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6332 E VISTA Drive Subject | $3,899,999* List Price | 4 | 6 | 5,539 | $704 | - |
A 5225 N 63RD Place Sold | $2,750,000 List Price | 6 | 4 | 5,052 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1984, the property has undergone significant high-end renovations likely within the 5-15 year range. The interior features updated stone flooring, modern lighting, and renovated bathrooms with granite and marble finishes. The home is well-maintained, functional, and move-in ready, fitting the criteria for a property of this age with a mid-term renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26484, living area = 5539.
Situated in the prestigious Phoenician Estates, this property offers rare privacy in a gated enclave of just 12 homes near Camelback Mountain and Old Town Scottsdale.
The oversized 0.6-acre lot provides significant value-add opportunities, including ample space for a detached guest casita or an additional three-car garage.
Built in 1984, the home may require updates to its mechanical systems and interior finishes to align with modern luxury standards and buyer expectations.
Despite a recent price reduction, the nearly $4M asking price for a 40-year-old home may face scrutiny from buyers comparing it to newer construction in the area.
Located in the gated community of Phoenician Estates, an exclusive gated enclave of just 12 homes in the heart of Paradise Valley. 6332 E Vista Drive offers 5,539 sq ft of living space with 4 bedrooms and 5.5 bathrooms, w/ a 3-car garage. Situated on one of the largest homesites in the community at over .5 acres. Soaring ceilings, exposed wood beams, arched architectural accents, and multiple fireplaces that add warmth and character throughout. The open floor plan features expansive living and dining areas designed for both everyday comfort and entertaining. All four bedrooms are en suite with large walk-in closets. Beautiful mountain views, and multiple outdoor spaces. Outdoor amenities include a private pool and spa, picturesque mountain views, with multiple sundecks. The over half-acre lot provides space to potentially add a detached guest casita and also a additional three -car garage. The property sits near the base of Camelback Mountain. It is just minutes from The Phoenician for golf, dining, and resort amenities, and a short drive/walk to Scottsdale Fashion Square along with the restaurants, shopping, and entertainment to Old Town. Residents also enjoy access to their nearby private park in the community featuring a pickleball court. A rare opportunity within one of Paradise Valley's most intimate and established gated communities.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 6.0 | 4.0 | 70% |
| Square foot | 5,539 | 4,789 | 65% |
| Lot Size | 26,484 | 43,791 | 32% |
| Price | $3.90M | $2.60M | 62% |
| Price per sq ft | $704 | $667 | 54% |
| Built year | 1984 | 1983 | 51% |
| HOA | $1800 | $0 | 92% |
| Days on market | 103 | 3064 | 3% |
Apr 24, 2026
$3,899,999
$3,995,000
-2% Price Drop
Initial Listing
Mar 3, 2026
$3,995,000
Initial Listing