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5525 E Lincoln Dr Unit 124, Paradise Valley, AZ, 85253

$6,935,000

4 Bedrooms
5 Baths
4,068 SqFt
$1,705/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingElectric Door Opener, Golf Cart Garage, Electric Vehicle Charging Station(s)
Garage3 spaces
Year Built2024
HeatingElectric
Fireplace1 Fireplace, Exterior Fireplace, Gas
ViewMountain(s)
MLS #6783044
Lot Size0.30 Acres
StatusActive

About 5525 E Lincoln Dr Unit 124

Nestled in the prestigious Mountain Shadows Estates West of Paradise Valley, this luxurious 4-bedroom, 4.5-bathroom residence offers unparalleled elegance with breathtaking views of Camelback Mountain and direct access to the Mountain Shadows golf course, located on the scenic 10th hole tee box. Designed with meticulous attention to detail, this home seamlessly blends modern amenities with timeless sophistication. The expansive floor plan is anchored by a gourmet kitchen, featuring premium appliances, a large island, and custom cabinetry—perfect for entertaining. Throughout the home, large windows capture the stunning natural beauty of the surrounding landscape, filling the interiors with abundant natural light and showcasing the iconic Camelback Mountain views. Outside, the beautifully landscaped backyard offers a serene oasis with a covered patio, perfect for enjoying Arizona's breathtaking sunsets. The home also includes a three-car garage and ample storage space. Residents can gain access to the Mountain Shadows Resort, located just moments away. Indulge in world-class amenities, including fine dining, a luxurious spa, a state-of-the-art fitness center, and a resort-style poolall within the resort's sophisticated, serene setting. Don't miss the opportunity to own this exquisite property in Mountain Shadows Estates West. Listing Agent and Co-Listing Agent have a financial interest in the property (see documents tab for disclosure).

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 1
  • Living Area: 4,068 SqFt

Listing Office:

  • Office Name: Westbay Commercial Real Estate
  • Office Phone: (505) 459-2907
  • Listing Agent: Jacob Elbogen, Brian Johnson

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood
  • Interior: Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Fireplace: 1 Fireplace, Exterior Fireplace, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Covered Patio(s), Patio, Private Yard

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Electric Door Opener, Golf Cart Garage, Electric Vehicle Charging Station(s)

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,935,000
  • Price Per SqFt: $1,705/SqFt

HOA Fees:

  • Amount: $1975
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $4,860
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Paradise Valley, AZ.

Med. Sold Price

$3.1M

Med. Price/SqFt

$717

Avg. Days On Market

84

# of Sold Homes

21

5525 E Lincoln Dr Unit 124 vs Paradise Valley

2 DAYS ON ROCKET

-82 Days

$6,935,000

+$3.7M More

$1,705/SqFt

+$987 More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price and $987/SqFt more than other homes in Paradise Valley, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6783044

Listing Office:

  • Office Name: Westbay Commercial Real Estate
  • Office Phone: (505) 459-2907
  • Listing Agent: Jacob Elbogen, Brian Johnson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2020Home Sold
$1,050,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,860$85,230
2020$4,828$85,660
2019$4,488$81,930
2017$4,312$70,550

History based on county public records data.

Payment Calculator

$35.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.8K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-515862
9
/10
  • Kiva Elementary School

  • 6911 E McDonald Dr

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut-515863
9
/10
  • Hopi Elementary School

  • 5110 E Lafayette Blvd

  • 2.14 miles

  • Public District Grades KG-5

school-card-donut-515864
10
/10
  • Cherokee Elementary School

  • 8801 N 56th St

  • 2.64 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $123,958. Typical income of Paradise Valley, AZ residents is $200k+ annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5525 E Lincoln Dr Unit 124

What is the listing price of this property?

The listing price of 5525 E Lincoln Dr Unit 124 property is $6,935,000.

What type of property is this?

The property 5525 E Lincoln Dr Unit 124 is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 5525 E Lincoln Dr Unit 124 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,860 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2020 for $1,050,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5525 E Lincoln Dr Unit 124 has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 5525 E Lincoln Dr Unit 124 is 4,068 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5525 E Lincoln Dr Unit 124 is 2024.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›5525 E Lincoln Dr Unit 124

This home is located at 5525 E Lincoln Dr Unit 124 in Paradise Valley, AZ and zip code 85253 in the Mountain Shadows Estates West neighborhood. This 4,068 square foot home, which was built in 2024, sits on a 0.30 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $6,935,000.

In October 2024, from all listings sold in Paradise Valley, AZ there were more than 2 sold above asking price, over 14 sold below and more than 5 were sold right at the asked price. The number of listings in Paradise Valley, AZ increased by 16.9% between September 2024 and October 2024. While the average time on the market in October 2024 was 84 days, the median list price was $3,150,000.

From Rocket Homes Real Estate and based on county public records data.

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