1 year on rocket

6940 E Indian Bend Rd, Paradise Valley, AZ, 85253

$5,900,000

7 Bedrooms
8 Baths
6,655 SqFt
$887/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, RV Gate, Separate Strge Area, Side Vehicle Entry, Gated
Garage5 spaces
Year Built2017
HeatingNatural Gas
CoolingCeiling Fan(s)
Fireplace3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6585064
Lot Size1.00 Acres
StatusActive

About 6940 E Indian Bend Rd

Privately gated generational resort home directly opposite the prestigious new Ritz-Carlton & Palmeraie shopping and dining district, but with all the reasons people are flocking to Paradise Valley from all over the globe: Spacious acreage with custom distinctive architecture, assuring privacy and differentiation from neighboring parcels. Adding to this true walkability to the finest shopping and dining district that will exist in the Americas. This luxurious privately gated estate, boasting a main house just under 5,000 square feet, complemented by three poolside casitas, bringing the total living space to 6,655 square feet when fully occupied. Perfect for multi-generational or long-term guests, providing both cohesion and privacy for a multi-generational living experience. This custom built 2017 privately gated estate is MODERN AND BRIGHT, with no steps, no HOA, Fully manicured resort pool with large roll in ramped Baja beach entry and covered gazebo outdoor kitchen. As you approach the property, grand motorized gates open to a captivating GRAND ENTRY. A beautifully paved circular drive, lush green turf, and a RECEPTION COURTYARD with fireplace set the stage for passed hors d'oeuvres and cocktails with clear views of Camelback Mountain. The large circular paved driveway provides access to garages on both sides of the home for 5 cars garaged and space for twenty or more guest vehicles. Grand front steel and glass door opens to views of pool water features through the retractable 10 foot high wall of glass providing a seamless transition from open great room living to extensive covered patios creating true outside Arizona living. Richly detailed, timeless architecture with transitional styling, hand carved moldings, Dramatic Coffered Ceilings and rich craftsmanship. Outdoors features Gourmet Kitchen, Entertainer's pool deck with Baja beach entry, flanked by poolside Gazebo featuring 8-person high-top granite island adjacent outdoor kitchen with grill, frig, sink, warming drawer, built in speakers and A/V electrical hookup. The Primary Owner's wing is thoughtfully designed with a split layout, accompanied by its own private side-entry garage. The guest wing offers an additional garage and an indoor ''Costco-style'' bulk supply room for added convenience. Recent upgrades include new underground plumbing and various improvements, ensuring a modern and efficient living experience. The interior features a Dining Room and a spacious Office to either side of the Foyer, each with double doors leading to the courtyard. Additional highlights include a Game Room, Formal Dining area, Butler Pantry with Wine Closet, expansive laundry room, separate outdoor pool bath, and walk-in closets with luxurious wood organizers in all bedroom walk-in closets. The property also boasts an audio equipment room (equipment conveys). Outdoor enthusiasts will appreciate the dazzling heated pool with a large Baja shelf, gazebo, and an outdoor kitchen with a granite 8-seat island, A/V hookups for TV, and stunning views of Mummy Mountain. The estate's ample grounds extend to the west, offering additional land with an RV Gate and mature citrus trees. This space can be utilized for an additional garage, sports court, or pickleball court. Moreover, the convenience of walking to the new Ritz, set to open in 2024-2025, adds an extra layer of luxury to this already impressive property. The Ritz Villas and custom homes in progress nearby promise a vibrant community atmosphere, with one corner of the 110-acre site dedicated to the Scottsdale Palmeraie ''the most anticipated experiential shopping, dining, and living destination in North America.'' Embrace the epitome of upscale living in this extraordinary estate.

Property Details

Property Features

Property Information:

  • Architectural Style: Santa Barbara/Tuscan
  • Year Built: 2017
  • Stories: 1
  • Living Area: 6,655 SqFt

Listing Office:

  • Office Name: Realty Executives
  • Office Phone: (602) 980-0737
  • Listing Agent: Denise van den Bossche

Interior Features

Interior Information:

  • Flooring Type: Carpet, Stone, Tile
  • Interior: Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Furnished(See Rmrks), Fire Sprinklers, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Fireplace: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s)
  • Exterior: Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Yard, Storage, Built-in Barbecue

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, RV Gate, Separate Strge Area, Side Vehicle Entry, Gated

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Privately gated directly across Ritz Resort AZURE homes under construction (west off Scottsdale Rd)

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,900,000
  • Price Per SqFt: $887/SqFt

Tax Information:

  • Annual Amount: $15,127
  • 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

72

# of Sold Homes

26

6940 E Indian Bend Rd vs Paradise Valley

501 DAYS ON ROCKET

+429 Days

$5,900,000

+$2.7M More

$887/SqFt

+$169 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $169/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: #6585064

Listing Office:

  • Office Name: Realty Executives
  • Office Phone: (602) 980-0737
  • Listing Agent: Denise van den Bossche

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: 12/22/2024, 1:21:04 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

Mar 25, 2021Home Sold
$3,500,000
Apr 04, 2016Home Sold
$820,000
Apr 30, 1996Home Sold
$314,500
Jun 26, 1995Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,127$270,280
2020$14,429$276,700
2019$13,371$222,500
2017$5,224$75,350

History based on county public records data.

Payment Calculator

$29.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.7K

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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-982629
9
/10
  • Kiva Elementary School

  • 6911 E McDonald Dr

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-982630
9
/10
  • Pueblo Elementary School

  • 6320 N 82nd St

  • 1.49 miles

  • Public District Grades PK-5

school-card-donut-982631
9
/10
  • Great Hearts Academies - Archway Cicero

  • 3102 N 56th St

  • 2.35 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,882. Most Paradise Valley, AZ residents have annual incomes less than $35k. 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 6940 E Indian Bend Rd

What is the listing price of this property?

The listing price of 6940 E Indian Bend Rd property is $5,900,000.

What type of property is this?

The property 6940 E Indian Bend Rd is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 6940 E Indian Bend Rd 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 $15,127 (source: MLS/based on county public records data).

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

The last sale was on March 25, 2021 for $3,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6940 E Indian Bend Rd has 7 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 6940 E Indian Bend Rd is 6,655 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6940 E Indian Bend Rd is 2017.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›6940 E Indian Bend Rd

This home is located at 6940 E Indian Bend Rd in Paradise Valley, AZ and zip code 85253 in the Adobe Ranch neighborhood. This 6,655 square foot home, which was built in 2017, sits on a 1.00 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 09, 2023 and is currently priced at $5,900,000.

In November 2024, from all listings sold in Paradise Valley, AZ there were more than 0 sold above asking price, over 19 sold below and more than 7 were sold right at the asked price. The number of homes for sale in Paradise Valley, AZ increased by 9.4% between October 2024 and November 2024. Listings spent 72 days on the market in November 2024, and had a median list price of $3,187,500 during the same period.

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

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