8219 N CHARLES Drive, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 4 bed, 4 bath
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Paradise Valley, AZ 85253
This Hillside Luxury Estate represents a premier Value-Add Opportunity in Paradise Valley, featuring a List Price of $4,998,500 and a $4,422,549 Fair Market Value. While currently maintaining a Vintage Condition Rating with original 1973 finishes, the property’s value is anchored by its 1.35-acre hillside lot and unobstructed panoramic views. With a spacious 4,750 sq. ft. layout, private pool, and access to top-rated schools like Cherokee Elementary (9/10), the estate offers immense potential for forced appreciation through modernization. This is an elite acquisition for Luxury Developers or Owner-Occupants looking to create a custom sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8219 N CHARLES Drive Subject | $4,695,000* List Price | 4 | 4 | 4,750 | $931 | - |
A 4455 E MOONLIGHT Way Active | $4,999,888 List Price | 4 | 5 | 4,168 | $1,200 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is well-maintained but shows significant signs of being outdated. While the home features high-quality original construction and premium views, the interior finishes—including parquet flooring, oak built-ins, vintage window treatments, and older ceiling fans—reflect a style from several decades ago. It meets the 'fair' criteria as an aged home maintained through regular upkeep but lacking the modern renovations expected in the current luxury market.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 58784, living area = 4750.
Elementary School: Cherokee Elementary School (9/10).
Situated on a 1.35-acre hillside lot, the property offers rare privacy and unobstructed, panoramic views of the valley and surrounding mountains.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4750, other record living area = 4602.
Built in 1973, the home may require significant updates to its aesthetic finishes and core systems to align with modern luxury standards.
The elevated hillside location, while providing views, often entails higher maintenance costs for landscaping and potential accessibility considerations for the sloped lot.
Views like this don't exist at this price point. Perched on 1.35 acres within the Phoenix Mountain Preserve, this solidly built Dave Hanson residence delivers sweeping Valley vistas, city lights, and mountain panoramas from nearly every room -- the kind of elevation and sightlines that typically command far more. Sliding glass doors open to patios, a pool, and a terraced backyard where the desert stretches endlessly below. Generous room sizes, soaring ceilings, and seamless indoor-outdoor living complete the picture. A rare combination of acreage, privacy, and preserve-backed setting that cannot be replicated -- at any price.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 4,750 | 4,750 | 50% |
| Lot Size | 58,784 | 43,834 | 86% |
| Price | $4.70M | $2.60M | 76% |
| Price per sq ft | $988 | $667 | 76% |
| Built year | 1973 | 1983 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 3064 | 3% |
Jun 2, 2026
$4,695,000
$4,998,500
-6% Price Drop
Initial Listing
Apr 3, 2026
$4,998,500
Initial Listing