8513 N 48TH Place, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 6 bed, 7 bath
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Paradise Valley, AZ 85253
This Luxury New-Build Estate is listed at $8,995,000, representing a stable investment aligned with its $8,867,082 Fair Market Value. Boasting a Pristine Condition Rating, this 2023 soft-modern masterpiece features a main residence and a detached guest house totaling 6,404 square feet. The property offers an unparalleled lifestyle with Mummy Mountain views, a resort-style pool and spa, and seamless indoor-outdoor integration. Situated in the prestigious Cherokee Elementary district (9/10), this sanctuary is the ultimate fit for luxury homeowners or multi-generational families seeking modern elegance in Paradise Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8513 N 48TH Place Subject | $8,495,000* List Price | 6 | 7 | 6,404 | $1,394 | - |
A 5022 E ORCHID Lane Active | $9,995,000 List Price | 5 | 7 | 7,511 | $1,331 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 2023 new construction luxury estate is in pristine condition, featuring high-end soft-modern finishes throughout. The property boasts premium features such as telescoping glass walls for indoor-outdoor living, a designer kitchen with stone countertops and custom cabinetry, and a spa-like bathroom with a freestanding concrete tub and intricate wood-paneled accents. All systems, appliances, and fixtures are brand new, meeting the highest current quality standards with no signs of wear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44753, living area = 6404.
Elementary School: Cherokee Elementary School (9/10).
Built in 2023, this soft-modern estate features a 5,000+ sqft main residence and a substantial 1,360 sqft guest house, providing a rare combination of new-build quality and versatile living spaces.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6404, other record living area = 5044. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
At a list price of nearly $9 million, the property is positioned at the highest end of the market, which naturally limits the pool of qualified buyers and may lead to a longer sales cycle.
The scale of the 6,404 sqft living space across two structures, combined with a one-acre desert lot, necessitates significant ongoing costs for landscaping, utilities, and general property management.
Tucked away in one of the valley's most exclusive enclaves, this luxury custom estate offers buyers the opportunity to experience refined desert living in the heart of Paradise Valley. Ideally situated on a quiet cul-de-sac, this stunning newer construction home showcases a soft modern aesthetic, thoughtfully designed for the most sophisticated buyer. The main residence spans over 5,000 square feet, offering 4 spacious bedrooms, 4.5 bathrooms, a dedicated game room and a 3 car garage. Enjoy a meticulously designed open concept featuring expansive windows and doors, filling the home with natural light. Telescoping doors highlight the mountain views and create the ultimate indoor/outdoor lifestyle Arizona is known for. Complementing the main home is a beautifully appointed 1,360 square foot guest house, complete with 2 bedrooms, 2 bathrooms and it's own 2 car garage - perfect for extended family, guests or a private retreat. Step outside to your own backyard oasis, where breathtaking views of Mummy Mountain provide a dramatic and serene backdrop. Whether entertaining friends and family or enjoying quiet evenings, the setting offers both privacy and unparalleled beauty. Located in one of the Valley's most prestigious neighborhoods, this home delivers the perfect balance of modern elegance, functional design and iconic Arizona scenery. Conveniently located near everything! Minutes from Old Town Scottsdale, Talking Stick, Kierland Commons, the Scottsdale Quarter, Biltmore Fashion Park and Scottsdale Fashion Square, offering upscale shopping, five-star dining and more! For golf lovers, you are surrounded by world-renowned courses, including the TPC Scottsdale, home of the Waste Management Open. For outdoor enthusiasts, you are in close proximity to Camelback Mountain, Piestewa Peak and the McDowell Mountain Preserve, where you can enjoy miles of hiking, biking and horseback riding. Whether you are searching for a primary residence, vacation home or executive home for entertaining, this property offers everything you could ask for. What a great place to call home!
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 89% |
| Baths | 7.0 | 4.0 | 83% |
| Square foot | 6,404 | 4,789 | 72% |
| Lot Size | 44,753 | 43,834 | 68% |
| Price | $8.49M | $2.60M | 91% |
| Price per sq ft | $1.3K | $667 | 83% |
| Built year | 2023 | 1983 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 2683 | 2% |
May 8, 2026
$8,495,000
$8,995,000
-6% Price Drop
Initial Listing
Apr 6, 2026
$8,995,000
Initial Listing