3 months on rocket

7236 N 40th St Unit 8, Paradise Valley, AZ, 85253

$15,000,000

5 Bedrooms
6 Baths
8,320 SqFt
$1,803/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingElectric Door Opener
Garage5 spaces
Year BuiltNew Const., 2026
HeatingElectric
Fireplace2 Fireplace, Living Room, Master Bedroom
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6747637
Lot Size1.57 Acres
StatusActive

About 7236 N 40th St Unit 8

Discover the Turquoise residence in Crown Canyon, Arizona's most exclusive gated community. Perched on the hillside, the beauty and overall experience of Turquoise is paramount. Designed by Swaback Architects, the home seamlessly integrates with the breathtaking desert landscape. As you approach, you are greeted by a captivating waterfall entry that cascades from a striking 70-foot infinity pool, setting the tone for the elegance that awaits. The moment you step inside, the distant view draws your gaze through an open-concept kitchen and living area, which serves as the central point of the home. The primary suite is split from 3 en-suite bedrooms for ultimate privacy. Floor-to-ceiling windows throughout blur the line between indoor and outdoor living. Descend to the lower level, where the residence transforms into an entertainment haven. Here, a state-of-the-art theatre room, game room with an indoor-outdoor bar, golf simulator and gym make up a majority of the lower level space adjacent to the decadent guest suite and 5 car garage. We welcome you to experience this one-of-a-kind residence! Crown Canyon is 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: 2026
  • Stories: 2
  • Living Area: 8,320 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: Tile, Wood
  • Interior: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Fireplace: 2 Fireplace, Living Room, Master Bedroom

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Electric Door Opener

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Desert Back, Desert Front
  • Lot Size: 1.57 Acres

Utilities

Utilities Information:

  • Heating: Electric

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: $15,000,000
  • Price Per SqFt: $1,803/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

7236 N 40th St Unit 8 vs Paradise Valley

92 DAYS ON ROCKET

+8 Days

$15,000,000

+$11.8M More

$1,803/SqFt

+$1K More

KEY TAKEAWAY

This property is $11.8M more than the Median Sold Price and $1K/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: #6747637

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: 11/24/2024, 7:20:53 AM 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

$75K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$45K

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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-1115880
6
/10
  • Madison Heights Elementary School

  • 7150 N 22nd St

  • 2.05 miles

  • Public District Grades PK-4

school-card-donut-1115881
8
/10
  • Mercury Mine Elementary School

  • 9640 N 28th St

  • 2.44 miles

  • Public District Grades PK-6

school-card-donut-1115882
10
/10
  • Cherokee Elementary School

  • 8801 N 56th St

  • 2.79 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. Typical income of Paradise Valley, AZ residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7236 N 40th St Unit 8

What is the listing price of this property?

The listing price of 7236 N 40th St Unit 8 property is $15,000,000.

What type of property is this?

The property 7236 N 40th St Unit 8 is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 7236 N 40th St Unit 8 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7236 N 40th St Unit 8 has 5 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 7236 N 40th St Unit 8 is 8,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7236 N 40th St Unit 8 is 2026.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›7236 N 40th St Unit 8

This home is located at 7236 N 40th St Unit 8 in Paradise Valley, AZ and zip code 85253 in the Camelback East neighborhood. This 8,320 square foot home, which was built in 2026, sits on a 1.57 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $15,000,000.

Over 2 listings were sold over their listed price in October 2024 in Paradise Valley, AZ. In the same period over 14 listings were sold below the listed price and 5 listings were sold for the listed price. Between September 2024 and October 2024, Paradise Valley, AZ real estate market has seen increase in the number of listings by 16.9%. 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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