7540 N RED LEDGE Drive, Paradise Valley, AZ 85253
$19,500,000
Property Type:
Residential
Bedrooms:
5
Baths:
7
Square Footage:
11,500
Lot Size (sq. ft.):
218,144
Status:
Active
Current Price:
$19,500,000
List Date:
10/14/2022
Last Modified:
3/02/2023
Description
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....
Supplements: was built to the homesite.
More Information MLS# 6477513
Contract Information
Status Change Date: 2022-10-14
List Price: $19,500,000
Status: Active
Current Price: $19,500,000
List Date: 2022-10-14
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: N36
House Number: 7540
Compass: N
Street Name: RED LEDGE
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 2850
Country: USA
County Code: Maricopa
Assessor's Map #: 12
Assessor's Parcel #: 10
Assessor Parcel Ltr: B
Assessor Number: 169-12-010-B
Legal Description (Abbrev): LOT 205 CLEARWATER HILLS 2 PRIVATE ROADS MCR 008425
Subdivision: CLEARWATER HILLS 2 PRIVATE ROADS
Tax Municipality: Maricopa - COUNTY
Taxes: 4958
Tax Year: 2022
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 3
# of Interior Levels: 3
# Bedrooms: 5
# Bathrooms: 7
Approx SQFT: 11500
Price/SqFt: 1695.65
Horses: N
Builder Name: Incline Builders
Year Built: 2025
Approx Lot SqFt: 218144
Approx Lot Acres: 5.008
Flood Zone: No
Pool: Private Only
Planned Comm Name: Clearwater Hills
Marketing Name: Paradise Valley New Build
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: Tatum and Lincoln
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.
Geo Lat: 33.547834
Geo Lon: -111.993112
Legal Info
Township: 2N
Range: 4E
Section: 6
Lot Number: 205
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 200
HOA Fee: 4600
HOA Paid Frequency: Annually
HOA Name: Clearwater Hills
HOA Telephone: 480-922-9080
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 3600
Cap Improvement/Impact Fee $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 383.33
Architect
Architect: Architekshon, Inc.
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: Y
Parking Spaces
Garage Spaces: 5
Slab Parking Spaces: 4
Total Covered Spaces: 5
Property Features
Special Listing Cond: N/A
Architecture: Contemporary
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room; 2 Master Baths; Tub with Jets; Bidet
Master Bedroom: Upstairs; Downstairs
Additional Bedroom: 2 Master Bdrms; Separate Bdrm Exit; Mstr Bdr Walkin Clst; Othr Bdr Walkin Clst; Mstr Bdrm Sitting Rm
Fireplace: 3+ Fireplace; Fireplace Family Rm; Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace; Exterior Fireplace
Flooring: Concrete; Stone; Wood
Windows: Dual Pane; Low-E
Pool Features: Private; Heated; Variable Speed Pump
Spa: Private; Heated
Community Features: Gated Community; Guarded Entry
Dining Area: Formal; Eat-in Kitchen; Breakfast Room
Kitchen Features: Range/Oven Gas; Cook Top Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Multiple Ovens; Pantry; Walk-in Pantry; Granite Countertops; Kitchen Island
Laundry: Wshr/Dry HookUp Only; Gas Dryer Hookup; Inside; Upstairs Laundry
Other Rooms: Family Room; Great Room; Library-Blt-in Bkcse; Bonus/Game Room; Exercise/Sauna Room; Media Room
Features: 9+ Flat Ceilings; Fire Sprinklers; Elevator
Technology: Smart Home System
Exterior Features: Balcony; Built-in BBQ; Covered Patio(s); Misting System; Patio; Private Street(s); Pvt Yrd(s)/Crtyrd(s); Storage
Parking Features: Attch'd Gar Cabinets; Dir Entry frm Garage; Electric Door Opener; Separate Strge Area; Temp Controlled
Road Responsibility: Private Maintained Road
Construction: Block
Const - Finish: Painted; Stone
Construction Status: To Be Built
Roofing: Foam; Metal
Cooling: Refrigeration; Ceiling Fan(s); Programmable Thmstat
Heating: Natural Gas
Plumbing: Tankless Ht Wtr Heat; Dual Flush Toilet; Electric Hot Wtr Htr
Energy/Green Feature: Multi-Zones
Utilities: APS; SW Gas
Water: Pvt Water Company
Sewer: Septic Tank
Services: City Services; County Services
Fencing: None
Property Description: Hillside Lot; City Light View(s); Mountain View(s); North/South Exposure
Landscaping: Gravel/Stone Front; Gravel/Stone Back; Desert Front; Desert Back; Natural Desert Front; Natural Desert Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Possession: By Agreement; Close of Escrow
Association Fee Incl: Common Area Maint; Street Maint
Assoc Rules/Info: Prof Managed
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Documents
Listing Office: Walt Danley Christie's International Real Estate
Last Updated: March - 02 - 2023

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
walt@waltdanley.com
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