
Paradise Valley, AZ 85253
This Luxury Guard-Gated Estate in the prestigious Cheney Estates is listed at $3,870,000, representing a stable acquisition at its $3,870,000 Fair Market Value. Maintaining a Move-in Ready Condition Rating, the 5,187 square foot residence features a designer kitchen, soaring ceilings, and a resort-style backyard complete with a pool, spa, and mountain views. Situated in a prime walkable location near high-end boutiques and the 9/10 rated Cherokee Elementary School, this property balances architectural volume with lifestyle convenience. It is the ideal sanctuary for Luxury Home Seekers or Growing Families.
Property is move-in ready.
Although built in 1994, the property is in move-in ready condition with significant modern updates. The designer kitchen features contemporary flat-panel cabinetry and high-end stainless steel appliances, while the bathrooms have been renovated with modern vessel sinks and updated tile work. The home shows minimal wear and tear, with well-maintained stone and wood flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22132, living area = 5187.
Elementary School: Cherokee Elementary School (9/10).
Situated in the prestigious guard-gated Cheney Estates at the base of Mummy Mountain, this home offers rare walkability to over 30 high-end restaurants and boutiques, blending luxury privacy with urban convenience.
Built in 1994, the property may require significant cosmetic or systemic updates to compete with the ultra-modern aesthetics and smart-home integrations found in newer Paradise Valley luxury builds.
With an association fee of $2,025 and the maintenance requirements of a large 22,132 square foot lot with extensive water features, the ongoing cost of ownership is substantial.
Located in the heart of Paradise Valley, within the prestigious guard-gated community of Cheney Estates this home offers both privacy and convenience. This residence built by Geoffrey Edmunds and Assoc., features large oversize windows, soaring ceilings, 8ft. solid core doors and an open light-filled atmosphere throughout. Ideally situated near the community's common amenities, this property enjoys the privacy of no direct neighboring home to the South. The designer kitchen showcases dual ovens, a side-by-side stainless refrigerator and freezer, gas range, breakfast bar, and rich custom cabinetry. The home provides multiple spaces for entertaining an inviting family room with fireplace and wet bar, both formal and casual dining areas, and a sophisticated living room with its own fireplace. Bedrooms are generous in size, with large walk- in closets providing comfort and flexibility for family or guests. The backyard is an entertainer's retreat with a covered patio, manicured lawn, built-in BBQ, and a sparkling pool and spa accented by a raised sunning/dining platform with a water feature spilling into the pool. A truly exceptional home not to be missed. Cheney Estates is nestled at the base of Mummy Mountain and is walkable to more than 30 restaurants and high-end boutiques, making it a very desirable neighborhood for those that love to walk, bike, or hike. If you are a golfer, you are surrounded by more than 35 golf courses all within a 30 minute drive.
No exterior & parking available.
Grades PK-6 • 2.0 mi
Grades PK-5 • 2.0 mi
Grades 6-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 5.0 | 4.0 | 52% |
| Square foot | 5,187 | 4,717 | 60% |
| Lot Size | 22,132 | 43,984 | 18% |
| Price | $3.87M | $2.50M | 67% |
| Price per sq ft | $746 | $683 | 55% |
| Built year | 1994 | 1983 | 70% |
| HOA | $2025 | $0 | 90% |
| Days on market | 175 | 2511 | 5% |
Oct 29, 2025
$3,870,000
Initial Listing