8 months on rocket

7140 N 40th St Unit 12, Paradise Valley, AZ, 85253

$16,200,000

4 Bedrooms
6 Baths
8,132 SqFt
$1,992/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Garage4 spaces
Year BuiltNew Const., 2024
HeatingElectric
CoolingCeiling Fan(s)
Fireplace2 Fireplace, Exterior Fireplace, Fire Pit, Living Room, Master Bedroom
ViewMountain(s)
Private PoolYes
MLS #6672341
Lot Size2.75 Acres
StatusActive

About 7140 N 40th St Unit 12

NOW SCHEDULING HARD HAT TOURS! Discover unparalleled privacy and serenity with the Jade residence in Crown Canyon, Arizona's most exclusive gated community under development by renowned builder BedBrock Developers. This award-winning ultra luxury home with architect CP Drewett and interior designer Mara Green is a true masterpiece. Its distinctive Frank Lloyd Wright inspired triangular form features primary living on the main level with soaring 19-foot ceilings that ascend to an impressive 24 feet encapsulated in glass. A grand staircase, or elevator for ease, takes you to the lower level with two secondary en-suite bedrooms, an oversized game/family room complete with a bar, and a separate fitness room. A detached casita perched above the four-car garage rests seamlessly on the hillside, offering a private retreat for guest. Sprawling outdoor decks, fireplaces and an outdoor kitchen surround the infinity pool and spa capturing 250 degree views of the raw desert landscape. This one-of-a-kind home is customized with premium materials and appliances, showcasing a steel construction and meticulous attention to detail throughout. 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 2
  • Living Area: 8,132 SqFt

Listing Office:

  • Office Name: Bedbrock Real Estate Company
  • Office Phone: (602) 717-9366
  • Listing Agent: Silje Garner, Nicole Meacham

Interior Features

Interior Information:

  • Flooring Type: Other, Tile
  • Interior: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home
  • Fireplace: 2 Fireplace, Exterior Fireplace, Fire Pit, Living Room, Master Bedroom

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)
  • Exterior: Covered Patio(s), Patio, Storage, Built-in Barbecue

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Lot Size: 2.75 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: North on 40th St, take the road to the end where you reach the gate of Crown Canyon.

Price Information

Listing Price Info

Price Summary:

  • List Price: $16,200,000
  • Price Per SqFt: $1,992/SqFt

HOA Fees:

  • Amount: $1500
  • Frequency: Annually
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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

7140 N 40th St Unit 12 vs Paradise Valley

259 DAYS ON ROCKET

+175 Days

$16,200,000

+$13.0M More

$1,992/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $13.0M more than the Median Sold Price and $1.2K/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: #6672341

Listing Office:

  • Office Name: Bedbrock Real Estate Company
  • Office Phone: (602) 717-9366
  • Listing Agent: Silje Garner, Nicole Meacham

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: 11/22/2024, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$81K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$48.6K

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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-640923
6
/10
  • Madison Heights Elementary School

  • 7150 N 22nd St

  • 2.23 miles

  • Public District Grades PK-4

school-card-donut-640924
8
/10
  • Mercury Mine Elementary School

  • 9640 N 28th St

  • 2.70 miles

  • Public District Grades PK-6

school-card-donut-640925
10
/10
  • Cherokee Elementary School

  • 8801 N 56th St

  • 2.74 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,056. Residents of Paradise Valley, AZ typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7140 N 40th St Unit 12

What is the listing price of this property?

The listing price of 7140 N 40th St Unit 12 property is $16,200,000.

What type of property is this?

The property 7140 N 40th St Unit 12 is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 7140 N 40th St Unit 12 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7140 N 40th St Unit 12 has 4 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 7140 N 40th St Unit 12 is 8,132 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7140 N 40th St Unit 12 is 2024.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›7140 N 40th St Unit 12

This home is located at 7140 N 40th St Unit 12 in Paradise Valley, AZ and zip code 85253 in the Camelback East neighborhood. This 8,132 square foot home, which was built in 2024, sits on a 2.75 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $16,200,000.

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 number of homes for sale 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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