PARADISE VALLEY EXQUISITE LOT WITH PANORAMIC MUMMY MOUNTAIN VIEWS AND PERMIT READY PLANS. Challenging the essence of luxury design, this extraordinary 8,200 sq. ft. estate will sit on the most coveted view lot in Paradise Valley. A masterpiece redefining ultra-high-end living, it offers an architectural marvel that cannot be replicated. Crafted by award-winning STRATTON ARCHITECTS, this home features bold, soaring 24-foot-high glass walls that perfectly frame panoramic views of Mummy Mountain. Step inside to unparalleled interiors by MARA Design, where opulence and sophistication fuse through daring, exquisite finishes. Now PERMIT-READY — BUILD YOUR DREAM!! See MLS no 6757565 to explore options to build with a reputed Builder.
Property Details
Property Features
Listing Office:
Office Name: West USA Realty
Office Phone: (480) 948-5554
Listing Agent: Sharat Kanaka
Lot Features
Lot Information:
Lot Size: 1.13 Acres
Other
Directions Information:
Directions: From Lincoln go north on Mockingbird, go left on Cheney Drive, turn left on N. 61st Street
Price Information
Listing Price Info
Price Summary:
List Price: $4,500,000
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.
$22.5K
Per Month
Principal & Interest
$22.4K
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)
$0
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
$13.5K
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 school1.52 miles
Public District Grades EE-5
9
/10
Kiva Elementary School
6911 E McDonald Dr
Distance between this listing and this school1.82 miles
Public District Grades PK-5
9
/10
Pueblo Elementary School
6320 N 82nd St
Distance between this listing and this school2.72 miles
Public District Grades PK-5
Nearby Schools
5
/10
Echo Canyon School
4330 N 62nd St
Distance between this listing and this school3.12 miles
Public District Grades PK-8
9
/10
Cocopah Middle School
6615 E Cholla St
Distance between this listing and this school3.14 miles
Public District Grades 6-8
6
/10
Mohave Middle School
8490 E Jackrabbit Rd
Distance between this listing and this school3.61 miles
Public District Grades 6-8
Nearby Schools
8
/10
Chaparral High School
6935 E Gold Dust Ave
Distance between this listing and this school2.51 miles
Public District Grades 9-12
7
/10
Saguaro High School
6250 N 82nd St
Distance between this listing and this school2.80 miles
Public District Grades 9-12
8
/10
Great Hearts Academies - Cicero Preparatory
7205 N Pima Rd
Distance between this listing and this school3.46 miles
The neighbors living near this home have an average income of $80,882. The most common annual income of people living in Paradise Valley, AZ is less than $35k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7424 N 61st St Unit 95
What is the listing price of this property?
The listing price of 7424 N 61st St Unit 95 property is $4,500,000.
What type of property is this?
The property 7424 N 61st St Unit 95 is land located in Paradise Valley, Arizona, 85253.
Is this property for sale now?
Active Listing: 7424 N 61st St Unit 95 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 7424 N 61st St Unit 95 is 1.13 acres.
Interested in 7424 N 61st St Unit 95? 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 7424 N 61st St Unit 95 in Paradise Valley, AZ and zip code 85253 in the Mummy Mountain Park neighborhood. This home sits on a 1.13 acre lot. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $4,500,000.
In October 2024 more than 2 listings in Paradise Valley, AZ were sold above the asking price. During the same period more than 5 listings were sold at asking price, while 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. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $3,150,000.
From Rocket Homes Real Estate and based on county public records data.