
Paradise Valley, AZ 85253
This High-Potential Investment Opportunity is listed at $3,300,000, positioned slightly above the $3,297,061 Fair Market Value. While the property requires modernization, its Fair Condition Rating and expansive 21,537 sqft lot offer significant upside for value-add renovations. Featuring a resort-style pool, mountain views, and proximity to top-rated schools like Cherokee Elementary (9/10), the estate provides a rare foundation for luxury living. This is an ideal acquisition for Luxury Remodel Investors or Owner-Occupants seeking a prestigious Paradise Valley address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8500 N SENDERO TRES M -- Subject | $3,300,000* List Price | 4 | 4 | 4,670 | $706 | - |
A 8560 N CANTA BELLO Drive Pending | $3,700,000 List Price | 4 | 5 | 5,364 | $690 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is over 30 years old and appears to retain many original features. While the home is well-maintained and described as move-in ready, the kitchen cabinetry, travertine flooring, and overall aesthetic are dated by modern standards. The listing specifically suggests it as a 'luxury remodel project,' which aligns with the Fair criteria for homes >20 years old needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21537, living area = 4670.
Elementary School: Cherokee Elementary School (9/10).
Situated in one of Paradise Valley's most prestigious enclaves, the property offers proximity to world-class resorts and access to top-rated schools, including Cherokee Elementary with a 9/10 rating.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4670, other record living area = 4556.
Built in 1993, the property is positioned as a 'luxury remodel project,' suggesting that interior finishes and systems may require significant capital investment to meet modern aesthetic standards.
The property is subject to a substantial association fee of $5,830, which represents a significant recurring expense compared to other luxury residential options in the area.
Nestled within one of Paradise Valley's most desirable enclaves, this privately situated estate presents a rare opportunity to own a residence offering exceptional scale, timeless architecture, and outstanding value. Positioned on a lush, oversized homesite surrounded by mature landscaping and mountain views, the property showcases a grand arrival with a circular drive, expansive frontage, and elegant Mediterranean inspired design. Inside, soaring ceilings, expansive living spaces, and abundant natural light create an impressive yet comfortable atmosphere. Travertine flooring, custom architectural details, arched openings, and handcrafted finishes highlight the quality of construction throughout. The spacious great room features dramatic vaulted wood beamed ceilings, a statement fireplace, and seamless connectivity to the kitchen and outdoor living areas. Designed for both everyday living and entertaining, the residence offers generous gathering spaces, a formal dining room, an oversized kitchen with substantial cabinetry and prep areas, and multiple rooms that provide flexibility for office, fitness, media, or guest accommodations. The resort style backyard is a true retreat, featuring a covered patio, sparkling pool, manicured lawn areas, and exceptional privacy framed by mature landscaping. Located in the heart of Paradise Valley, just minutes from world-class resorts, golf, fine dining, and premier shopping, this is an exceptional opportunity for a buyer seeking a move in ready estate, a luxury remodel project, or a long term investment in one of Arizona's most prestigious residential markets.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,670 | - |
| Lot Size | 21,537 | - |
| Price | $3.30M | $4.62M |
| Price per sq ft | $707 | $1.1K |
| Built year | 1993 | 0 |
| HOA | $5830 | $0 |
| Days on market | 42 | 2902 |
Jun 10, 2026
$3,300,000
Initial Listing