Unparalleled views in the exclusive guard gated hillisde community of La Place Du Sommet. The unencumbered views from this gorgeous mountainside setting in Paradise Valley are jaw dropping. The lot has easy access and you do not want to miss the opportunity to design your paradise in La Place Du Sommet.
Property Details
Property Features
Listing Office:
Office Name: Realty Executives
Office Phone: (480) 898-1234
Listing Agent: Nicki Highmark, Nicolle Karantinos
Lot Features
Lot Information:
Lot: Private
Lot Size: 1.48 Acres
Other
Directions Information:
Directions: From Lincoln, head N on Mockingbird Ln. Drive W on Cheney Dr, S on Hummingbird Lane, & W on Quartz Mountain Rd. From there, you will need to enter gate & stay to the left taking Cheney Dr to the lot.
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
HOA Fees:
Amount: $1875
Frequency: Quarterly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Paradise Valley, AZ.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,179
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$625
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Cherokee Elementary School
8801 N 56th St
Distance between this listing and this school1.46 miles
Public District Grades EE-5
9
/10
Kiva Elementary School
6911 E McDonald Dr
Distance between this listing and this school2.13 miles
Public District Grades PK-5
9
/10
Pueblo Elementary School
6320 N 82nd St
Distance between this listing and this school3.19 miles
Public District Grades PK-5
Nearby Schools
5
/10
Echo Canyon School
4330 N 62nd St
Distance between this listing and this school3.16 miles
Public District Grades PK-8
9
/10
Cocopah Middle School
6615 E Cholla St
Distance between this listing and this school3.31 miles
Public District Grades 6-8
6
/10
Ingleside Middle School
5402 E Osborn Rd
Distance between this listing and this school3.89 miles
Public District Grades 6-8
Nearby Schools
8
/10
Chaparral High School
6935 E Gold Dust Ave
Distance between this listing and this school2.78 miles
Public District Grades 9-12
5
/10
Accelerated Learning Center
4105 E Shea Blvd
Distance between this listing and this school3.20 miles
Public Charter Grades 9-12
7
/10
Saguaro High School
6250 N 82nd St
Distance between this listing and this school3.25 miles
The neighbors living near this home have an average income of $137,813. Most Paradise Valley, AZ residents have annual incomes $200k+. The most common type of family is 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 5687 E Cheney Dr Unit 5
What is the listing price of this property?
The listing price of 5687 E Cheney Dr Unit 5 property is $1,500,000.
What type of property is this?
The property 5687 E Cheney Dr Unit 5 is land located in Paradise Valley, Arizona, 85253.
Is this property for sale now?
Active Listing: 5687 E Cheney Dr Unit 5 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 5687 E Cheney Dr Unit 5 is 1.48 acres.
Interested in 5687 E Cheney Dr Unit 5? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5687 E Cheney Dr Unit 5 in Paradise Valley, AZ and zip code 85253 in the La Place du Sommet neighborhood. This home sits on a 1.48 acre lot. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $1,500,000.
While more than 2 listings in Paradise Valley, AZ in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 14 were sold below. The inventory of homes for sale in Paradise Valley, AZ between September 2024 and October 2024 increased by 16.9%. Listings spent 84 days on the market in October 2024, and had a median list price of $3,150,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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.
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
Men's Tennis
Stein Mart
BJs Wholesale Club
Bloomingdales
Cracker Barrel
Panera
Bob Evans
Lexus
Infiniti
Lincoln
Oldies
Adult Hits
News/Talk/Information