6602 E CHENEY Drive, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 5 bed, 4 bath
Loading property details...
Paradise Valley, AZ 85253
This Reimagined Paradise Valley Estate is a Strong Value Opportunity, listed at $4,999,000—positioned well below the $5,374,566 Fair Market Value by 6%. This valuation gap offers $375,566 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a high-end Arcadia-style remodel with White Oak flooring, designer lighting, and a chef’s kitchen. The sprawling one-acre lot provides mountain views, a pool, and a spa, all within the top-rated Kiva Elementary boundary. This turnkey sanctuary is ideal for Luxury-Seeking Families or Owner-Occupants prioritizing immediate prestige and equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6602 E CHENEY Drive Subject | $4,999,000* List Price | 5 | 4 | 4,458 | $1,206 | - |
A 6331 E HUMMINGBIRD Lane Sold | $4,000,000 | 3 | 4 | 4,789 | $835 | 0.5 mi |
B 7007 N 59TH Place Sold | $4,150,000 | 4 | 4 | 4,327 | $959 | 0.9 mi |
C 7171 N 64TH Place Sold | $3,999,999 List Price | 4 | 5 | 4,762 | 0.4 mi | |
D 7437 N 71ST Street Active | $5,250,000 List Price | 5 | 6 | 6,138 | $855 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive, high-end renovation that brings it to like-new condition. The interior features premium White Oak hardwood flooring, designer lighting, and custom millwork throughout. The kitchen is equipped with professional-grade stainless steel appliances, a custom hood, and modern cabinetry, while the bathrooms showcase luxury finishes including freestanding tubs and high-end brass fixtures. The overall aesthetic is modern and meticulously maintained, meeting the highest quality standards for a recently remodeled home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 4458.
Securing a fully remodeled, single-level home on a full acre in Paradise Valley for under $5M represents a rare and highly competitive price point for this prestigious market.
The home features high-end 'Arcadia-style' finishes, including White Oak hardwood flooring, custom millwork, and designer lighting, offering a turnkey experience with a timeless open-concept layout.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43560, other record lot size in square feet = 42524. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4458, other record living area = 4107.
Despite the extensive 1985 remodel, some original structural or mechanical components may remain, which may not offer the same longevity as a ground-up new construction.
The configuration of 5 bedrooms and 4 bathrooms lacks the 1:1 ensuite ratio typically expected by high-end luxury buyers at the $5M price level.
Welcome to a truly exceptional PV Home with an Arcadia flare. Meticulously reimagined with uncompromising craftsmanship and a refined, modern aesthetic. Nestled with stunning custom homes in one of the most desirable pockets of PV, this single-level residence offers an extraordinary opportunity: under $5M remodeled home on an acre-an incredibly rare find in today's market. This 5-bed, 4-bath home seamlessly blends comfort and resort-style living with an effortless indoor-outdoor flow. Step through a steel front door into an interior thoughtfully reimagined with White Oak hardwood flooring, designer lighting, custom millwork, and a modern yet timeless open-concept layout. The expansive living spaces are filled with natural light creating an aesthetic that feels both elevated and inviting
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades 6-8 • 3.1 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 4,458 | 4,661 | 49% |
| Lot Size | 43,560 | 43,984 | 42% |
| Price | $5.00M | $2.50M | 79% |
| Price per sq ft | $1.1K | $683 | 85% |
| Built year | 1985 | 1983 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 2511 | 1% |
Mar 11, 2026
$4,999,000
Initial Listing