ParkingAttch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area, Temp Controlled
Garage5 spaces
Year BuiltNew Const., 2026
HeatingNatural Gas
Fireplace2 Fireplace, Gas
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6652584
Lot Size5.01 Acres
StatusActive
About 7540 N Red Ledge Dr
Step into the future of architectural brilliance with this forthcoming masterpiece, the 11,500-square-foot modern home Whispering Heights (one of 2 executive homes in ''SaddleridgeLiving'' Development) that has been designed and will be built by renowned architect Ivan Shongov of architekshon, Inc, alongside Kurt Holland of Incline LLC in the prestigious Clearwater Hills community on one of the highest and most coveted view lots in Paradise Valley. This contemporary haven stands as a testament to innovation, luxury, and the seamless integration of design and nature. Architectural Marvels: Envisioned by a luminary in the field, this modern marvel transcends traditional boundaries. The design seamlessly merges sleek lines, expansive glass, and cutting-edge materials to create a residence that not only defines modern living but redefines it. The cantilevered infinity pool is thoughtfully designed with sheer artful streams of water that cascade over the pool's edge, gracefully descending to meet the first floor. Unrivaled Views: Situated on a sprawling 5-acre estate, this home offers unparalleled views of Mummy and Camelback Mountain. Experience the ever-changing panorama from nearly every corner of the home, where nature becomes a living canvas. Environmental Harmony: Designed with a commitment to environmental preservation, this residence minimizes intrusion on the natural surroundings, allowing you to coexist harmoniously with the beauty of the landscape. Exclusive Privacy: Nestled within the 24-hour attended gated Clearwater Hills community, it features its own private gated entrance and a majestic ~3,000-foot drive, which it shares with just one other Saddleridge estate home. Luxurious Features: Indulge in the amenities of this exquisite residence, featuring his and her offices, a home fitness studio and sauna, dual primary suites, a chef's dream kitchen with a butler's pantry, movie theatre, wine room, a circular glass elevator and a pool cabana. The five-car garage, roof terrace, and state-of-the-art home automation complete this unparalleled living dream. Experience a sense of liberation and escape in the middle of the fifth largest city in the country. The design and location make you feel like you're in a different cosmos, providing a retreat from the hustle and bustle while being close to Scottsdale and Phoenix airports. Whispering Heights is not just a dwelling; it's an elevated lifestyle, a retreat where architectural innovation meets natural splendor, offering privacy, luxury, and an unparalleled sense of being on top of the world. Welcome to your future haven in the sky. Don't miss the video!
Parking: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area, Temp Controlled
Lot Features
Lot Information:
Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
Lot Size: 5.01 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Other
Directions Information:
Directions: North on Tatum Blvd, past Paradise Valley Country Club. Left at the light at Clearwater Pkwy, proceed to gate house. Guard will direct to the highest view lot in the community of Clearwater Hills.
Price Information
Listing Price Info
Price Summary:
List Price: $21,000,000
Price Per SqFt: $1,826/SqFt
HOA Fees:
Amount: $4500
Frequency: Annually
Tax Information:
Annual Amount: $5,278
Tax Year: 2021
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$105.2K
Per Month
Principal & Interest
$104.8K
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)
$375
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
$63K
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 school2.40 miles
Public District Grades EE-5
6
/10
Madison Heights Elementary School
7150 N 22nd St
Distance between this listing and this school2.42 miles
Public District Grades PK-4
8
/10
Mercury Mine Elementary School
9640 N 28th St
Distance between this listing and this school2.52 miles
Public District Grades PK-6
Nearby Schools
5
/10
Biltmore Preparatory Academy
4601 N 34th St
Distance between this listing and this school2.94 miles
Public District Grades KG-8
3
/10
Shea Middle School
2728 E Shea Blvd
Distance between this listing and this school3.09 miles
Public District Grades 7-8
9
/10
Villa Montessori - Phoenix Campus
4535 N 28th St
Distance between this listing and this school3.29 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Accelerated Learning Center
4105 E Shea Blvd
Distance between this listing and this school2.47 miles
Public Charter Grades 9-12
5
/10
Shadow Mountain High School
2902 E Shea Blvd
Distance between this listing and this school3.00 miles
Public District Grades 9-12
2
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.34 miles
The neighbors living near this home have an average income of $200,655. Typical income of Paradise Valley, AZ residents is $200k+ annually. 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 7540 N Red Ledge Dr
What is the listing price of this property?
The listing price of 7540 N Red Ledge Dr property is $21,000,000.
What type of property is this?
The property 7540 N Red Ledge Dr is a house located in Paradise Valley, Arizona, 85253.
Is this property for sale now?
Active Listing: 7540 N Red Ledge Dr 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 $5,278 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 5, 2011 for $329,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 7540 N Red Ledge Dr has 5 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 7540 N Red Ledge Dr is 11,500 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7540 N Red Ledge Dr is 2026.
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 7540 N Red Ledge Dr in Paradise Valley, AZ and zip code 85253 in the Clearwater Hills neighborhood. This 11,500 square foot home, which was built in 2026, sits on a 5.01 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $21,000,000.
In October 2024, from all listings sold in Paradise Valley, AZ there were more than 2 sold above asking price, over 14 sold below and more than 5 were sold right at the asked price. Between September 2024 and October 2024, Paradise Valley, AZ real estate market has seen increase in the number of listings by 16.9%. The median list price of listings available in October 2024 was $3,150,000, while the average time on the real estate market was 84 days.
From Rocket Homes Real Estate and based on county public records data.