6346 E GOLD DUST Avenue, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 5 bed, 3 bath
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Paradise Valley, AZ 85253
This Versatile Paradise Valley Estate is a High-Potential Investment Opportunity, listed at $2,340,000—positioned well below the $2,407,707 Fair Market Value by 2%. This valuation gap secures $67,707 in Instant Equity. Boasting a Recently Renovated Condition Rating, the home features a waterfall-island kitchen, mountain views, and a private pool. Located near top-rated Cherokee Elementary (9/10) and Cocopah Middle (8/10), the 33,983 sqft lot offers immediate luxury or a premier redevelopment site. This is an elite acquisition for Owner-Occupants or Luxury Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6346 E GOLD DUST Avenue Subject | $2,340,000* List Price | 5 | 3 | 3,123 | $771 | - |
A 6323 E GOLD DUST Avenue Sold | $2,550,000 List Price | 5 | 4 | 3,620 | 0.1 mi | |
B 6130 E VIA ESTRELLA Avenue Active | $2,450,000 List Price | 4 | 3 | 3,312 | $740 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the listing description highlights the property's potential as a teardown due to its large lot in a prime location, the interior images reveal an extensive, high-end renovation. The kitchen is modern with a massive waterfall-style island, contemporary grey cabinetry, updated stainless steel appliances, and stylish light fixtures. The home features updated wood-look flooring, recessed lighting, and skylights, meeting the criteria for a recently renovated, move-in-ready luxury property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33983, living area = 3123.
Elementary School: Cherokee Elementary School (9/10).
Situated on a substantial 33,983 sqft lot in Paradise Valley, this property offers a rare 'scrape and build' opportunity for a custom luxury estate.
Built in 1971, the existing home likely requires extensive modernization or a complete teardown to meet the luxury standards of the surrounding neighborhood.
The $2.34M price point reflects the land value and location, necessitating a significant additional capital investment for construction or major renovation.
This is one of those rare properties that is a little like a ''choose your own adventure'' novel. Are you looking to enter Paradise Valley for the first time, this home is loaded with features, in a perfect location at a great value. Are you building a home, and need a place to dwell while you complete your project? This one is perfect! Are you looking for your next lot, to scrape and build, we understand that might be best for this lot. Come for a tour, and choose the path that's best for you.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 3.0 | 4.0 | 26% |
| Square foot | 3,123 | 4,661 | 19% |
| Lot Size | 33,983 | 43,984 | 22% |
| Price | $2.34M | $2.50M | 48% |
| Price per sq ft | $749 | $683 | 56% |
| Built year | 1971 | 1982 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 2511 | 1% |
Mar 2, 2026
$2,340,000
Initial Listing