7540 N Red Ledge Drive, Paradise Valley, AZ 85253 - $19,500,000

Beds: 5
Baths: 7.00
Sq. Feet: 11,500
Days on Site: 110

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7540 N Red Ledge Drive, Paradise Valley, AZ 85253

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Comments for 7540 N Red Ledge Drive, Paradise Valley, AZ 85253

This Modern Frank Lloyd Wright Inspired mountainside estate is being designed and built on the HIGHEST VIEW LOT STILL AVAILABLE IN THE TOWN OF PARADISE VALLEY. The owners, in collaboration with Incline Builders and Architekshon, Inc. have designed a true modern masterpiece for the most discerning buyer. The 5.01 acre homesite offers unparalleled views and an extremely unique level of privacy and exclusion within 20 minutes of world class resorts, dining, shopping, Paradise Valley Country Club and both Scottsdale and Phoenix Sky Harbor Airports. The modern design will include 11,500 square feet of 10 to 12 foot ceilings, large open rooms w/ windows of glass, his & her offices, a gym w/ sauna, movie theater, negative edge pool, pool cabana and 5 car garage. A $2M private driveway....

$19,500,000

Estimated Monthly Payment: $87,948.46 (including taxes & insurance estimates)

Edit mortgage details for a more accurate payment

Property Details

City: Paradise Valley		Property Type: Residential - Single Family
Subdivision: CLEARWATER HILLS 2 PRIVATE ROADS		Lot Size: 5.01 Acres
Garage: 5 car attached		Bedrooms: 5
Taxes: $4,958		Bathrooms: 7.00
Status: Active		Square Feet: 11500
Year Built: 2025		MLS#: 6477513

Property Features

Property Type: Residential - Single Family		Interior: 9+ Flat Ceilings, Elevator, Fire Sprinklers
Additional Bedroom: 2 Master Bdrms, Mstr Bdr Walkin Clst, Mstr Bdrm Sitting Rm, Othr Bdr Walkin Clst, Separate Bdrm Exit		Kitchen: Built-in Microwave, Cook Top Gas, Dishwasher, Disposal, Granite Countertops, Kitchen Island, Multiple Ovens, Pantry, Range/Oven Gas, Refrigerator, Reverse Osmosis, Walk-in Pantry
Additional Rooms: Bonus/Game Room, Exercise/Sauna Room, Family Room, Great Room, Library-Blt-in Bkcse, Media Room		Landscaping: Auto Timer H2O Back, Auto Timer H2O Front, Desert Back, Desert Front, Gravel/Stone Back, Gravel/Stone Front, Natural Desert Back, Natural Desert Front, Yrd Wtring Sys Back, Yrd Wtring Sys Front
Assoc. Fee Includes: Common Area Maint, Street Maint		Laundry: Gas Dryer Hookup, Inside, Upstairs Laundry, Wshr/Dry HookUp Only
Assoc. Rules/Info: Prof Managed		Lot Size: 5.01 Acres
Community Features: Gated Community, Guarded Entry		Master Bathroom: 2 Master Baths, Bidet, Double Sinks, Full Bth Master Bdrm, Private Toilet Room, Separate Shwr & Tub, Tub with Jets
Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration		Parking Description: Attchd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area, Temp Controlled
Days on Site: 110		Planned Community Name: Clearwater Hills
Dining: Breakfast Room, Eat-in Kitchen, Formal		Pool: Heated, Private, Variable Speed Pump
Dwelling Type: Single Family - Detached		Property Description: City Light View(s), Hillside Lot, Mountain View(s), North/South Exposure
Energy Features: Multi-Zones		Roof Type: Foam, Metal
Exterior: Balcony, Built-in BBQ, Covered Patio(s), Misting System, Patio, Private Street(s), Pvt Yrd(s)/Crtyrd(s), Storage		Sauna: Yes
Exterior: Painted, Stone		Sewer: Septic Tank
Fee Cap Improvement/Impact 2: 3600		Spa: Yes
Fee HOA: 4600.00/Annually		Spa: Heated, Private
Fee HOA Transfer: 200.00		Special View Info: City Light, Mountain
Fee Total Monthly: 383.33		Stories: 3.0
Fireplace: 3+ Fireplace, Exterior Fireplace, Fireplace Family Rm, Fireplace Living Rm, Fireplace Master Bdr, Gas Fireplace		Swimming Pool: Yes
Fireplaces: 3		Taxes: $4,958
Flooring: Concrete, Stone, Wood		Technology: Smart Home System
Formal Dining: Yes		Utilities: APS, SW Gas
Garage: 5 car attached		Water: Pvt Water Company
Heating: Natural Gas		Year Built: 2025
Home Style: Contemporary

School Information

High School: Saguaro High School

Middle School: Mohave Middle School

Elementary School: Kiva Elementary School

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Listed By

Agency Name: Walt Danley Christie's International Real Estate
Agency Phone: (480) 991-2050

Shown By

Agent Name: Rita Low
Agent Phone: (480) 948-4711
Agency Title: Arizona Best Real Estate

Market Trends
Demographics
Walk Score

Maricopa County Residential Market Trend Graphs

Zip Code 85253
Paradise Valley
Maricopa County

Maricopa County Demographic Information

Fips
Fips Code04013
Population
2020 to 2021 Changeup 1.7%
2010 Count3,817,117
2020 Count4,420,568
2021 Estimate4,496,588
2010 Estimate3,817,365
Age Distribution (Years Old)
0 to 46.2%
5 to 1723.5%
18 to 6454.8%
65 and Older15.5%
Gender
Male49.4%
Female50.6%
Place of Birth
Foreign14.7%
US85.3%
Education
High School Graduate, Age 25+88.4%
Bachelor's Degree or Higher, Age 25+33.4%
Computer and Internet use
Households with a computer94.8%
Households with a broadband Internet subscription88.7%
Language
English is Second Language, Age 5+26.6%
English is First Language, Age 5+73.4%
Veterans
Veterans253,512
Income
Per Capita Income$35,090
Median Household Income$67,799
People in Poverty11.6%

Fips

Fips Code04013

Population

2020 to 2021 Changeup 1.7%

2010 Count3,817,117

2020 Count4,420,568

2021 Estimate4,496,588

2010 Estimate3,817,365

Age Distribution (Years Old)

0 to 46.2%

5 to 1723.5%

18 to 6454.8%

65 and Older15.5%

Gender

Male49.4%

Female50.6%

Place of Birth

Foreign14.7%

US85.3%

Education

High School Graduate, Age 25+88.4%

Bachelor's Degree or Higher, Age 25+33.4%

Computer and Internet use

Households with a computer94.8%

Households with a broadband Internet subscription88.7%

Language

English is Second Language, Age 5+26.6%

English is First Language, Age 5+73.4%

Veterans

Veterans253,512

Income

Per Capita Income$35,090

Median Household Income$67,799

People in Poverty11.6%

Commute
Average Work Commute Time27 minutes
Housing
Total Housing Units1,765,880
Households1,596,784
Average Household Size2.73
Owner-Occupied63.2%
Multi-Family24.8%
Owner-Occupied Median Value$278,700
Median selected monthly owner costs -with a mortgage$1,583
Median selected monthly owner costs -without a mortgage$473
Median gross rent$1,182
Building Permits
New Private Housing Issued 202042,123
Years at Residence
1 Year or More83.4%
Less Than 1 Year16.6%
Business and Employment
Private non-farm Establishments100,346
Private non-farm Employment1,829,257
Private non-farm Employment Growthup 1.9%
Nonemployer Establishments336,089
Number of Firms324,146
Business Production
Value of Shipments$34,583,412,000
Wholesale Trade$60,841,058,000
Retail Trade$57,296,663,000
Retail Sales Per Capita$14,534
Accommodation and Food Services$9,105,877,000
Land
Land Area9,200.14 sq. miles
Population Per Square Mile415

Commute

Average Work Commute Time27 minutes

Housing

Total Housing Units1,765,880

Households1,596,784

Average Household Size2.73

Owner-Occupied63.2%

Multi-Family24.8%

Owner-Occupied Median Value$278,700

Median selected monthly owner costs -with a mortgage$1,583

Median selected monthly owner costs -without a mortgage$473

Median gross rent$1,182

Building Permits

New Private Housing Issued 202042,123

Years at Residence

1 Year or More83.4%

Less Than 1 Year16.6%

Business and Employment

Private non-farm Establishments100,346

Private non-farm Employment1,829,257

Private non-farm Employment Growthup 1.9%

Nonemployer Establishments336,089

Number of Firms324,146

Business Production

Value of Shipments$34,583,412,000

Wholesale Trade$60,841,058,000

Retail Trade$57,296,663,000

Retail Sales Per Capita$14,534

Accommodation and Food Services$9,105,877,000

Land

Land Area9,200.14 sq. miles

Population Per Square Mile415

Maricopa County Walk Score Information

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 02/01/2023. The listing information on this page last changed on 02/01/2023. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of ARMLS (last updated Wed 02/01/2023 7:40:57 PM EST). Real estate listings held by brokerage firms other than Arizona Best Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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