14 days on rocket

4002 E Lamar Rd, Paradise Valley, AZ, 85253

$6,000,000

4 Bedrooms
6 Baths
5,486 SqFt
$1,094/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1974
HeatingElectric
Fireplace2 Fireplace, Living Room, Master Bedroom
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6697810
Lot Size2.26 Acres
StatusActive

About 4002 E Lamar Rd

Perched majestically on a high mountainside in the prestigious Paradise Valley, this architectural masterpiece offers an unparalleled blend of luxury, modernity, and panoramic vistas. As you step inside, be prepared to be awe-struck by the soaring 20-foot ceilings adorned with sleek lines and meticulous craftsmanship. Floor-to-ceiling windows seamlessly merge the interior with the breathtaking outdoor landscape, inviting natural light to flood every corner of the home and showcasing the sweeping views of the valley below. The bespoke bar, a focal point of the living space, is a testament to bespoke design, offering a compelling setting for entertaining guests or enjoying quiet evenings in. Step outside onto the covered terrace, an entertainer's dream space, where you can savor the cool desert breeze while lounging by the heated pool or hosting al fresco gatherings under the vast Arizona sky. The property is privately gated, ensuring utmost exclusivity and security, while the expansive 2.26-acre lot provides ample space for privacy and relaxation. Inside, discover four en-suite bedrooms, each boasting private patios that offer intimate retreats amidst the stunning surroundings. A thoughtfully designed powder room adds convenience and sophistication to the main living area. Spanning 5,486 square feet, this modern sanctuary is a testament to contemporary elegance, seamlessly integrating a SMART home system to enhance comfort and convenience. From every room, captivating views unfold, creating an immersive living experience that celebrates the beauty of its natural surroundings. With the added bonus of a splittable lot, this property offers endless possibilities for expansion or investment. Whether you seek a serene retreat or a luxurious oasis for entertaining, this Paradise Valley gem promises a lifestyle of unparalleled luxury and refinement.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1974
  • Stories: 2
  • Living Area: 5,486 SqFt

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Michel Edery, Sonia Lara

Interior Features

Interior Information:

  • Flooring Type: Stone, Tile
  • Interior: Upstairs, Breakfast Bar, Wet Bar, Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Fireplace: 2 Fireplace, Living Room, Master Bedroom

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s)
  • Exterior: Balcony, Covered Patio(s), Playground, Patio, Private Yard, Built-in Barbecue

Lot Features

Lot Information:

  • Lot: Desert Back
  • Lot Size: 2.26 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Saguaro High School, Public District Grades 9-12
  • Scottsdale Online Learning, Public District Grades KG-12
  • Arcadia Neighborhood Learning Center, Public District Grades KG-8
  • Mohave Middle School, Public District Grades 6-8
  • Cheyenne Traditional Elementary School, Public District Grades KG-8
  • Kiva Elementary School, Public District Grades KG-6
  • Pueblo Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: North on 40th Street, Right on Lamar to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,000,000
  • Price Per SqFt: $1,094/SqFt

Tax Information:

  • Annual Amount: $10,730
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Paradise Valley, AZ.

Med. Sold Price

$3.0M

Med. Price/SqFt

$727

Avg. Days On Market

123

# of Sold Homes

43

4002 E Lamar Rd vs Paradise Valley

14 DAYS ON ROCKET

-109 Days

$6,000,000

+$2.9M More

$1,094/SqFt

+$366 More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price and $366/SqFt more than other homes in Paradise Valley, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6697810

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Michel Edery, Sonia Lara

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2024, 3:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 08, 2015Home Sold
$1,835,000
Feb 22, 2012Home Sold
$1,350,000
Mar 24, 1993Home Sold
$751,700

Tax History

YEARPROP. TAXASSESSMENT
2021$10,730$157,670
2020$11,409$175,450
2019$10,563$164,270
2017$10,125$143,380

History based on county public records data.

Payment Calculator

$30K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-10474629
7
/10
  • Kiva Elementary School

  • 6911 E Mcdonald Dr

  • 3.61 miles

  • Public District Grades KG-6

school-card-donut-10474630
8
/10
  • Pueblo Elementary School

  • 6320 N 82nd St

  • 5.03 miles

  • Public District Grades PK-6

Middle School

school-card-donut-10474631
4
/10
  • Arcadia Neighborhood Learning Center

  • 4330 N 62nd St

  • 3.66 miles

  • Public District Grades KG-8

school-card-donut-10474632
7
/10
  • Mohave Middle School

  • 8490 E Jackrabbit Rd

  • 5.67 miles

  • Public District Grades 6-8

school-card-donut-10474633
9
/10
  • Cheyenne Traditional Elementary School

  • 13636 N 100th St

  • 8.92 miles

  • Public District Grades KG-8

High School

school-card-donut-10474634
6
/10
  • Saguaro High School

  • 6250 N 82nd St

  • 5.01 miles

  • Public District Grades 9-12

school-card-donut-10474635
3
/10
  • Scottsdale Online Learning

  • 7601 East Oak St

  • 5.08 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $216,999. The majority of Paradise Valley, AZ residents have income $200k+ annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4002 E Lamar Rd

What is the listing price of this property?

The listing price of 4002 E Lamar Rd property is $6,000,000.

What type of property is this?

The property 4002 E Lamar Rd is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 4002 E Lamar Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4002 E Lamar Rd are:
Kiva Elementary School: GreatSchools Rating 7/10
Pueblo Elementary School: GreatSchools Rating 8/10
Arcadia Neighborhood Learning Center: GreatSchools Rating 4/10
Mohave Middle School: GreatSchools Rating 7/10
Cheyenne Traditional Elementary School: GreatSchools Rating 9/10
Saguaro High School: GreatSchools Rating 6/10
Scottsdale Online Learning: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,730 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 8, 2015 for $1,835,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4002 E Lamar Rd has 4 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 4002 E Lamar Rd is 5,486 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4002 E Lamar Rd is 1974.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›4002 E Lamar Rd

This home is located at 4002 E Lamar Rd in Paradise Valley, AZ and zip code 85253 in the Lincoln Heights neighborhood. This 5,486 square foot home, which was built in 1974, sits on a 2.26 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $6,000,000.

While more than 2 listings in Paradise Valley, AZ in April 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 33 were sold below. The number of homes for sale in Paradise Valley, AZ increased by 4.2% between March 2024 and April 2024. Listings spent 123 days on the market in April 2024, and had a median list price of $3,073,747 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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