7620 N RED LEDGE Drive, 202, Paradise Valley, AZ 85253
$2,500,000
Property Type:
Land and Lots
Lot Size (sq. ft.):
714,384
Status:
Closed
Current Price:
$2,250,000
List Date:
1/14/2021
Last Modified:
4/14/2023
Description
UNPARALLELED VIEWS, PRIVACY, AND LOCATION! $2MM driveway in place. These two mountaintop lots, totaling 16.4 acres, present the most discriminating individual an opportunity to have it all. Located within a guard-gated community, and behind its own private gate, the privileged owner of these extraordinary lots will possess a unique level of privacy and seclusion rarely found, especially when considering the area's best fine dining, shopping, and entertainment are within 15 minutes drive, and both the Phoenix Sky Harbor International and Scottsdale Airports are only 20 minutes away. These remarkable lots offer two breathtaking building pads, both with their own spectacular views. Property also offered for sale as a $20,000,000 build-to-suit contemporary masterpiece.
Supplements: Seller will consider selling the lots separately.
More Information MLS# 6097505
Contract Information
Current Price: $2,250,000
Sold Price: $2,250,000
Status: Closed
List Date: 2020-06-28
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: N36
House Number: 7620
Compass: N
Street Name: RED LEDGE
St Suffix: Drive
Lot #: 202
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Country: USA
County Code: Maricopa
Assessor's Map #: 12
Assessor's Parcel #: 7
Assessor Parcel Ltr: D
Add'l Parcels: Yes
Assessor Number: 169-12-007-D
Subdivision: Clearwater Hills
Tax Municipality: Paradise Valley
Taxes: 16241
Tax Year: 2018
General Property Description
Apx Total Acres: 16.46
Apx Total Acres G/N: G
Price Per Acre: 151883.35
# Lots in Listing: 2
Apx SqFt: 714384
Price Per SqFt: 3.5
Apx SqFt G/N: G
Lot Size Dimensions: IRR
Horses: N
Zoning: RES
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: Lincoln and Tatum
Directions: North on Tatum from Lincoln to Clearwater Parkway. Turn Left (West) and proceed to guardhouse. Guard will provide directions to property.
Geo Lat: 33.547981
Geo Lon: -111.994353
Status Change Info
Status Change Date: 2021-06-30
Off Market Date: 2021-06-29
Under Contract Date: 2021-05-30
Close of Escrow Date: 2021-06-30
Sold Price: $2,250,000
Legal Info
Township: 2N
Range: 4E
Section: 6
Lot Number: 202
Pmt & Rate Info
Equity: 2750000
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 200
HOA Fee: 8400
HOA Paid (Freq): Annually
HOA Name: Clearwater Hills
HOA Telephone: 480-922-9080
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 10.00 - 19.99 Acres
Development Status: Off Site Imp Needed
Land Features: City Light View(s); Mountain View(s); Gated Community; Guarded Entry; North/South Exp; Borders Pres/Pub Lnd
Elevation: 2,001 - 3,000 Ft
Elevation Source: Topo Survey
Vegetation: High Desert
Land Configuration: Pad Site
Roads/Streets: Asphalt
Topography: Steep Sloping; Hillside; Mountainous
Existing Structures: None
Water: Private Franchise
Sewer: Septic Tank
Electric: APS
Gas: SW Gas
Distance to Cable: None
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
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Conventional; No Carry
Use Restrictions: C.C. & R's; Hillside Ordinance
Reports/Disclosures: Other (See Rmks)
Environmental: None
Lockbox Type: None
Fencing: None
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: April - 14 - 2023
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