7620/7540 N RED LEDGE Drive 202, 205, Paradise Valley, AZ 85253 (MLS# 6795993)

7620/7540 N RED LEDGE Drive 202, 205, Paradise Valley, AZ 85253

$4,300,000
Property Type: Land Lot Size (sq. ft.): 717,192 Status: Closed
Current Price: $4,300,000 List Date: 2/22/2025 Last Modified: 3/28/2025

Overview

Description

AUCTION BIDDING OPEN: Bidding ends 01/24. Previously listed at $11.8M. Current High Bid 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,

Supplements: 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 course ...

Listing Details MLS# 6795993

Location, Tax & Legal

House Number
7620/7540
Compass
N
Street Name
RED LEDGE
St Suffix
Drive
City/Town Code
Paradise Valley
State/Province
AZ
Zip Code
85253
Country
US
County Code
Maricopa
Assessor Number
169-12-007-D
Subdivision
CLEARWATER HILLS 2 LOT 202 and Lot 205
Tax Year
2024

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
16.68
Apx Total Acres G/N
G
Price Per Acre
179856.12
# Lots in Listing
2
Apx SqFt
717192
Price Per SqFt
4.18
Apx SqFt G/N
G
Lot Size Dimensions
IRR
Horses
N
Zoning
RES
Elementary School District
Scottsdale Unified District
High School District
Scottsdale Unified District
Elementary School
Kiva Elementary School
Jr. High School
Mohave Middle School
High School
Saguaro High School

Remarks Misc

Cross Street
Lincoln and Tatum
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.

Status Change Info

Off Market Date
2025-02-22
Under Contract Date
2025-01-28
Close of Escrow Date
2025-02-25

Legal Info

Township
2N
Range
4E
Section
6
Lot Number
202, 205

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Contact Info

List Agent Home Phn
480-703-4085

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Payment Type
Other
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Special Listing Cond: Auction Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 10.00 - 19.99 Acres Development Status: Raw Land; Plans Available Land Features: Gated Community; Guarded Entry; North/South Exp; Borders Preserve/Public Land View: City Lights; Mountain(s) Elevation: 2,001 - 3,000 Ft Elevation Source: Topo Survey Vegetation: High Desert Land Configuration: Pad Site; Irregular Shape Road Surface Type: Asphalt Road Responsibility: Private Maintained Road Topography: Steep Sloping; Hillside; Mountainous Existing Structures: None Water Source: Private Sewer: No Sewer/Septic; Other Electric: APS Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Within 1/2 Mile Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Use Restrictions: C.C. & R's; Hillside Ordinance Environmental: None Lockbox Type: None Fencing: None
IDX
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Last Updated: March - 28 - 2025
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