8312 N 50TH Street, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 8 bed, 9 bath
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Paradise Valley, AZ 85253
This Stunning Paradise Valley Estate is listed at $4,999,999, offering long-term valuation stability as it is priced exactly at its $4,999,999 Fair Market Value. Boasting a Good Condition Rating, this 10,094-square-foot sanctuary features a chef’s kitchen with Wolf appliances, a state-of-the-art movie theater, and a detached 2-bedroom guest house. The 1.7-acre grounds provide a resort-style lifestyle with unobstructed Mummy Mountain views, a private waterslide, and a unique six-tee-box practice area. This prestigious property is a premier acquisition for a Luxury Homeowner or Multi-Generational Family seeking immediate move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8312 N 50TH Street Subject | $4,999,999* List Price | 8 | 9 | 10,094 | $495 | - |
A 9030 N 48TH Place Active | $4,250,000 List Price | 6 | 8 | 8,420 | $505 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and demonstrates high-quality maintenance and selective modern updates. While originally built in 1995, the interior features premium upgrades including Wolf and Sub-Zero appliances, updated flooring, and contemporary finishes in the bar and kitchen areas. The resort-style amenities and overall condition of the fixtures and systems suggest extensive upkeep and renovations within the 5 to 15-year range, meeting the criteria for a 'Good' condition score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 70902, living area = 10094.
The estate offers an unparalleled luxury lifestyle with a state-of-the-art movie theater, sauna, steam room, gym, and a unique outdoor practice area featuring six tee-boxes and a waterslide.
Situated on nearly 1.7 acres in the heart of Paradise Valley, the property boasts stunning views of Mummy Mountain and the Phoenix Mountain Preserve while remaining minutes from world-class resorts and dining.
Built in 1995, the property may require significant capital investment for modernizing aesthetic finishes and mechanical systems to meet the expectations of contemporary ultra-luxury buyers.
The extensive 1.7-acre grounds, featuring koi ponds, waterfalls, and a large pool, coupled with over 10,000 square feet of living space, will demand substantial ongoing maintenance and utility expenses.
Large grounds, large home, in a great location with views and amenities! This spectacular estate on nearly 1.7 acres is one of the best values available in Paradise Valley! The Main Residence offers 6 Bedrooms & 7 bathrooms and the Guest House offers 2 Bedrooms & 2 Bathrooms. This privately gated home with stunning Mummy Mountain and Phoenix Mountain Preserve views, has plenty of amenities. Incredible backyard with koi ponds, waterfalls, large pool, waterslide and 6 Tee-boxes with a practice area. Gorgeous light and bright kitchen with Wolf & Sub Zero appliances, state of the art movie theater, game room, bar, sauna, steam room, gym and 5 Garages! This property is conveniently located within minutes from the new Global Ambassador, world class resorts, shopping, dining and golf.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 97% |
| Baths | 9.0 | 4.0 | 99% |
| Square foot | 10,094 | 4,717 | 96% |
| Lot Size | 70,902 | 44,038 | 92% |
| Price | $5.00M | $2.50M | 79% |
| Price per sq ft | $495 | $667 | 40% |
| Built year | 1995 | 1983 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 489 | 2511 | 22% |
Dec 19, 2024
$4,999,999
Initial Listing
Apr 28, 2006
$4,740,000
Public Record