LUXURY PROPERTY AUCTION: BID 10-24 JANUARY. Listed for $11.8M. Starting Bids Expected Between $1M-$3M. Perched atop the 2 highest view lots in Paradise Valley, this dual-lot estate presents an unmatched opportunity to create a desert masterpiece on over sixteen acres of breathtaking terrain. Selling collectively, the lots provide uninterrupted panoramic vistas encompassing Camelback Mountain, the downtown Phoenix skyline, and the vast Sonoran Desert. Build upon your wildest vision or use the thoughtfully designed plans that include a nearly 16,000-square-foot residence featuring sophisticated architectural details by Ivan Shongov and exceptional craftsmanship by Kurt Holland. The unapproved plans for this ultra-private estate boasts a cantilevered negative-edge pool with a glass floor, a 3,000-bottle wine room, a professional gym, and a stunning atrium lobby with a circular glass elevator. Whether it's retractable glass walls opening to expansive terraces to the rooftop retreat, any feature can be created and customized to harmonize luxury with the natural beauty of Arizona's iconic landscape. Minutes from world-class golf courses, fine dining, and vibrant Scottsdale culture, this property redefines desert living!
Listing Agent: Mary Jo Santistevan, Mike Santistevan
Lot Features
Lot Information:
Lot: Private
Lot Size: 16.68 Acres
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 lots in Clearwater Hills.
Price Information
Listing Price Info
Price Summary:
List Price: $11,800,000
HOA Fees:
Amount: $9000
Frequency: Annually
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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.
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Nearby Schools
10
/10
Cherokee Elementary School
8801 N 56th St
Distance between this listing and this school2.38 miles
Public District Grades EE-5
6
/10
Madison Heights Elementary School
7150 N 22nd St
Distance between this listing and this school2.79 miles
Public District Grades PK-4
8
/10
Mercury Mine Elementary School
9640 N 28th St
Distance between this listing and this school3.09 miles
Public District Grades PK-6
Nearby Schools
5
/10
Biltmore Preparatory Academy
4601 N 34th St
Distance between this listing and this school2.71 miles
Public District Grades KG-8
9
/10
Villa Montessori - Phoenix Campus
4535 N 28th St
Distance between this listing and this school3.16 miles
Public Charter Grades KG-8
5
/10
Echo Canyon School
4330 N 62nd St
Distance between this listing and this school3.58 miles
Public District Grades PK-8
Nearby Schools
5
/10
Accelerated Learning Center
4105 E Shea Blvd
Distance between this listing and this school2.90 miles
Public Charter Grades 9-12
5
/10
Arcadia High School
4703 E Indian School Rd
Distance between this listing and this school3.21 miles
Public District Grades 9-12
2
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.23 miles
The neighbors living near this home have an average income of $216,999. The majority of Paradise Valley, AZ residents have income $200k+ annually. Typical family type is 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 7620/7540 N Red Ledge Dr Unit 202, 205
What is the listing price of this property?
The listing price of 7620/7540 N Red Ledge Dr Unit 202, 205 property is $11,800,000.
What type of property is this?
The property 7620/7540 N Red Ledge Dr Unit 202, 205 is land located in Paradise Valley, Arizona, 85253.
Is this property for sale now?
Active Listing: 7620/7540 N Red Ledge Dr Unit 202, 205 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 7620/7540 N Red Ledge Dr Unit 202, 205 is 16.68 acres.
Interested in 7620/7540 N Red Ledge Dr Unit 202, 205? Let's connect.
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This home is located at 7620/7540 N Red Ledge Dr Unit 202, 205 in Paradise Valley, AZ and zip code 85253 in the Clearwater Hills neighborhood. This home sits on a 16.68 acre lot. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $11,800,000.
In November 2024 more than 0 listings in Paradise Valley, AZ were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 19 were sold below. Between October 2024 and November 2024, Paradise Valley, AZ real estate market has seen increase in the number of listings by 9.4%. While the average time on the market in November 2024 was 72 days, the median list price was $3,187,500.
From Rocket Homes Real Estate and based on county public records data.
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.
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