7246 N 40th Street 7 Paradise Valley, 85253

Bedrooms:
4
Bathrooms:
5
Square Feet:
8,250 sqft
Price $14,850,000 .00
Approx /month
Get More Details
Sale Price:
$14,850,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$12,149
Insurance: (year)
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Virtual Tour of 7246 N 40th Street 7, Paradise Valley 85253

Property Description

Crown Canyon presents Garnet, an award-winning architectural masterpiece under development by esteemed luxury home builder BedBrock Developers. This remarkable design, inspired by the elevated site and terrain, is floating on the hillside within Arizona's most exclusive gated community. The home centers around a two-story great room that seamlessly extends to front and back terraces, providing efficient main-level living and outdoor entertainment areas shaded by cantilevered rooflines. Both levels of the residence offer intimate spaces and stunning views of the Four Peaks, enveloping the residents in the surrounding desert beauty. The material palette is rooted in native colors, drawing hues from the warm sand and exposed rocks of the mountain face. We welcome you to experience the timeless luxury and privacy that the Garnet residence has to offer. Discover the exquisite allure of Crown Canyon, a secluded and untouched 30-acre enclave in the prestigious community of Paradise Valley. Nestled within a breathtaking mountain preserve, this is home to 12 exceptional luxury residences. Meticulously designed by renowned architects, these one-of-a-kind homes embrace the natural beauty of the surroundings, maximizing the captivating views and unique topography of each homesite. Experience tranquility, seclusion, and utmost security within this gated haven, ensuring unparalleled peace of mind.

General Information

Price:
$14,850,000
Status:
Active
Listing Updated:
9/10/2024
List Date:
7/1/2024
Close Date
Square Feet:
8,250
Bedrooms:
4
Bathrooms:
5
Garage Spaces:
4.00
Year Built:
2026
Builder Name:
Bedbrock Developers
Subdivision:
Crown Canyon
City:
Paradise Valley
Zip:
85253
County:
Maricopa
HOA Y/N:
Yes
HOA Fee:
$1,500
HOA Paid Frequency:
Annually
HOA Transfer Fee:
0.000
Taxes:
$12,149
Tax Year:
2023
MLS ID:
6726877
Listing Attribution:
Bedbrock Real Estate Company

Property Features

Interior Features
Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
Exterior Features
Covered Patio(s), Patio, Built-in Barbecue
Flooring
Tile, Wood
Laundry
Fireplace Features
2 Fireplace, Two Way Fireplace, Living Room, Gas
Cooling
Refrigeration, Programmable Thmstat
Heating
Electric
Utilities
Pool
Private
Spa
None
Construction Finish
Stucco, Stone, Frame - Metal, Frame - Wood, Spray Foam Insulation
Roofing
Foam, Metal
Water
City Water
Sewage
Septic Tank
Fencing
None

School Information

High School:
Camelback High School
High School District:
Phoenix Union High School District
Middle School:
Ingleside Middle School
Elementary School:
Biltmore Preparatory Academy
Elementary School District:
Creighton Elementary District

Community Information

Subdivision:
Crown Canyon

Lot Information

Lot Size (sq feet):
73,054
Lot Features:
Sprinklers In Front, Desert Front, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Irrigation Front
Fencing:
None

Location Information

Directions:
North on 40th St, take the road to the end where you reach the gate of Crown Canyon.
Cross Street:
40th St & Lincoln Dr
Map:
View on Map

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

7246 N 40th Street Paradise Valley AZ 85253

Property Type:
Single Family - Detached
Bedrooms:
4
Bathrooms:
5
Interior SqFt:
8250
Interior Stories:
2
Year Built:
2026

1 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.78 Miles
$10,200,000

12 Active Properties

Address
Distance/Miles
Active Price
Details
1.9 Miles
$8,000,000
1.12 Miles
$4,300,000
1.64 Miles
$5,750,000
1.03 Miles
$9,995,000
1.04 Miles
$4,750,000
0.06 Miles
$19,400,000
0.05 Miles
$15,000,000
1.44 Miles
$8,500,000
0 Miles
$14,850,000
0.1 Miles
$16,550,000
1.61 Miles
$9,700,000
0.24 Miles
$16,200,000