5021 E Arabian Way, Paradise Valley, AZ 85253 (MLS# 5826956)

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5021 E Arabian Way, Paradise Valley, AZ 85253

$18,500,000
Bedrooms: 6 Baths: 9 Lot Size (sq. ft.): 193,673 Status: Active
Current Price: $18,500,000 List Date: 9/29/2018 Last Modified: 11/28/2021

Description

Timeless Classic Elegant Masterpiece! Surround yourself in complete tranquility and luxury on almost 5 spectacular acres enveloped by mountains, lush grounds and magnificent gardens. This prestigious residence has been masterfully remodeled to be one of the finest estates in Paradise Valley. With over 16,000 square feet comprising 6 bedrooms and 9 bathrooms, this exquisite home boasts a stunning grand entrance, soaring uniquely decorated ceilings, large scale rooms with finest architectural features including sophisticated finishes throughout with details sourced the world over and a floorplan that is formal, yet creates a comfortable and inviting ambience. Other luxury amenities include; formal living and dining rooms, family style great room and open chef's kitchen,

Suppliments: stately office/library, private bar, wine cellar, media room, large master suite with fireplace, his and hers separate bathrooms & expansive walk-in closets, exercise room, specific pets room and much more. The beautiful outdoor areas invite relaxation and recreation with vast shaded patios, sparkling pool, tranquil green lawns, lovely pond with water feature and a detached guest house. In addition, the avid car collector will enjoy the auto courtyard with lounge, various sized garages and state of the art show rooms for the perfect display of the ultimate collection. A true opportunity to acquire one of the top trophy estates in Paradise Valley, AZ.

More Information MLS# 5826956

Contract Information

Status Change Date: 2018-09-29 List Price: $18,500,000 Status: Active Current Price: $18,500,000 List Date: 2018-09-29 Type: ER Ownership: Fee Simple

Location, Tax & Legal

Map Code/Grid: M36 House Number: 5021 Compass: E Street Name: Arabian St Suffix: Way City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Country: USA County Code: Maricopa Assessor's Map #: 33 Assessor's Parcel #: 11 Assessor Number: 168-33-011 Subdivision: Martingale Farms Unit 2 Tax Municipality: Paradise Valley Taxes: 32088 Tax Year: 2017

General Property Description

Dwelling Type: Single Family - Detached Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 6 # Bathrooms: 9 Approx SQFT: 16083 Price/SqFt: 1150.28 Guest House SqFt: 1120 Horses: N Builder Name: Dave Hanson Year Built: 1985 Approx Lot SqFt: 193673 Approx Lot Acres: 4.446 Pool: Private Only Planned Comm Name: Martingale Farms Marketing Name: Martingale Farms Elementary School: Cherokee Elementary School Jr. High School: Mohave Middle School High School: Chaparral High School Elem School Dist #: 048 - Scottsdale Unified District High School Dist #: 048 - Scottsdale Unified District

Remarks & Misc

Cross Street: Martingale & Doubletree. Directions: North on Martingale to Arabian Way. West into cul-de-sac and property Geo Lat: 33.569536 Geo Lon: -111.971856

Legal Info

Lot Number: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Cap Impv/Impt Fee$/%: $ Cap Impv/ImptFee2$/%: $ Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N

Basement

Basement Y/N: Y

Separate Den/Office

Sep Den/Office Y/N: Y

Items Updated

Floor Yr Updated: 2014 Wiring Yr Updated: 2014 Plmbg Yr Updated: 2014 Ht/Cool Yr Updated: 2014 Roof Yr Updated: 2014 Kitchen Yr Updated: 2014 Bath(s) Yr Updated: 2014 Rm Adtn Yr Updated: 2014 Pool Yr Updated: 2014

Parking Spaces

Garage Spaces: 30 Total Covered Spaces: 30

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Tub with Jets; Bidet Additional Bedroom: Mstr Bdr Walkin Clst; Othr Bdr Walkin Clst Fireplace: 3+ Fireplace; Fireplace Family Rm; Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace Flooring: Carpet; Stone; Tile; Wood Pool Features: Private; Diving Pool; Heated Spa: None Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Breakfast Room Kitchen Features: Range/Oven Elec; Range/Oven Gas; Cook Top Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Granite Countertops; Kitchen Island Laundry: Washer Included; Dryer Included; Gas Dryer Hookup; 220 V Dryer Hookup; Inside Basement Description: Finished Other Rooms: Family Room; Library-Blt-in Bkcse; Bonus/Game Room; Exercise/Sauna Room; Separate Workshop; Media Room Features: Skylight(s); Vaulted Ceiling(s); Central Vacuum; Wet Bar; Fire Sprinklers; Elevator; Physcl Chlgd (SRmks); Soft Water Loop; Drink Wtr Filter Sys Accessibility Feat.: Zero-Grade Entry; Bath Roll-In Shower Technology: 3+ Exist Tele Lines; Pre-Wire Srnd Snd; Pre-Wire Sat Dish; Sat Dish TV Ownd; Sat Dish Intrnt Ownd; Cable TV Avail; HighSpd Intrnt Aval Exterior Features: Separate Guest House; Patio; Covered Patio(s); Storage; Circular Drive; Pvt Yrd(s)/Crtyrd(s); Built-in BBQ Parking Features: Attch'd Gar Cabinets; Detached; Dir Entry frm Garage; Electric Door Opener; Extnded Lngth Garage; Gated Parking; Golf Cart Garage; Over Height Garage; Rear Vehicle Entry; RV Garage; RV Gate; RV Parking; Separate Strge Area; Side Vehicle Entry; Temp Controlled Construction: Block Const - Finish: Painted; Stucco Roofing: Tile Cooling: Refrigeration; Ceiling Fan(s) Heating: Electric; Natural Gas Plumbing: Recirculation Pump; Electric Hot Wtr Htr; Gas Hot Water Heater Energy/Green Feature: Multi-Zones Utilities: APS; SW Gas Water: City Water; Well - Pvtly Owned Sewer: Septic in & Cnctd Fencing: Wrought Iron; Block Property Description: Cul-De-Sac Lot; Mountain View(s); North/South Exposure Landscaping: Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Back Possession: By Agreement Unit Style: All on One Level Association Fee Incl: No Fees Assoc Rules/Info: Not Managed Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Supplements

stately office/library, private bar, wine cellar, media room, large master suite with fireplace, his and hers separate bathrooms & expansive walk-in closets, exercise room, specific pets room and much more. The beautiful outdoor areas invite relaxation and recreation with vast shaded patios, sparkling pool, tranquil green lawns, lovely pond with water feature and a detached guest house. In addition, the avid car collector will enjoy the auto courtyard with lounge, various sized garages and state of the art show rooms for the perfect display of the ultimate collection. A true opportunity to acquire one of the top trophy estates in Paradise Valley, AZ.
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: November - 28 - 2021
5021 E Arabian Way, Paradise Valley, AZ 85253- MLS# 5826956
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