8306 N MERION Way, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 6 bed, 9 bath
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Paradise Valley, AZ 85253
This Montecito-style Luxury Estate is a Prime Investment Opportunity listed at $8,250,000—positioned well below the $8,429,359 Fair Market Value by 2%. This valuation offers $179,359 in Instant Equity. Boasting an Excellent Condition Rating after a high-end renovation, the property features mountain views, a pickleball court, and a chef’s kitchen. Situated in Camelback Country Club Estates near 9/10 rated Cherokee Elementary, this move-in ready sanctuary offers a premier lifestyle. It is ideal for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8306 N MERION Way Subject | $8,250,000* List Price | 6 | 9 | 8,572 | $983 | - |
A 7272 N 71ST Street Active | $7,200,000 List Price | 6 | 6 | 6,810 | $1,057 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1974, the property has undergone a complete, high-end 'reimagining' and meticulous renovation. The kitchen features modern designer cabinetry, premium appliances, and contemporary wide-plank flooring. All visible systems, including HVAC vents and electrical fixtures, appear brand new, placing the renovation well within the <5-year 'Excellent' threshold for a mint-condition, move-in ready estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43193, living area = 8572.
Elementary School: Cherokee Elementary School (9/10).
The estate is fully equipped for high-end living with a private pickleball court, a temperature-controlled wine room, a dedicated gym, and an oversized theater/game room.
The expansive 8,572-square-foot interior and nearly an acre of lush, mature landscaping will require significant ongoing maintenance and high utility costs.
Despite the extensive renovation, the property's 1974 origin may present underlying structural or utility limitations compared to a modern ground-up build.
Reimagined by MDF Development in collaboration with Lauren Wallace Designs, this six-ensuite-bedroom Montecito-style estate in the prestigious Camelback Country Club of Paradise Valley delivers an exceptional blend of timeless elegance and modern livability. Lush expanses of green lawn and mature, thoughtfully curated landscaping create a private, resort-style setting. The single-level main residence offers six spacious ensuite bedrooms, seven full bathrooms, and two powder baths. Designed with both comfort and functionality in mind, the home features two private offices, a gym, a temperature-controlled wine room, and an oversized theater/game room, perfect for elevated entertaining and everyday enjoyment. Every detail reflects refined craftsmanship and a cohesive, sophisticated design. The grounds, redesigned by Roots First Landscape, are equally impressive, showcasing a pickleball court, expansive outdoor living areas, and a dedicated pool bath for seamless indoor-outdoor living. This is a rare opportunity to own a meticulously renovated estate in one of Paradise Valley's most coveted enclaves.
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 89% |
| Baths | 9.0 | 4.0 | 98% |
| Square foot | 8,572 | 4,789 | 89% |
| Lot Size | 43,193 | 43,791 | 45% |
| Price | $8.25M | $2.60M | 91% |
| Price per sq ft | $962 | $667 | 77% |
| Built year | 1974 | 1983 | 32% |
| HOA | $700 | $0 | 79% |
| Days on market | 43 | 2683 | 2% |
Apr 24, 2026
$8,250,000
Initial Listing