While this home is lovely as-is, it is offered as a lot because it is a great candidate for redevelopment. The value is truly in the land - buildable lots in the community garner high pricing with the most recent comparable sale at $2.7m. An addition or scrape and rebuild would be profitable in this location and at this price. This lot is nestled between mountains, with incredible views in 360 degrees. A 2nd story or walking deck would fully capture a broader city lights view to the south. Clearwater Hills is a self-managed, guard-gated and patrolled custom home community. Private and natural, it is just 10 minutes from Arcadia bars and restaurants and 20 minutes from the airport. This home is situated near the resident-only southern entrance just before 40th St.
Property Details
Property Features
Listing Office:
Office Name: Realty Executives
Office Phone: (602) 861-3300
Listing Agent: Jaime Mazzeo
Lot Features
Lot Information:
Lot: East/West Exposure, Private, Adjacent to Wash
Lot Size: 0.82 Acres
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: Attention - Gated. you can not use 40th St to enter the community. From Lincoln, head north on Tatum to Clearwater Parkway. After guard gate, GPS will be accurate.
Price Information
Listing Price Info
Price Summary:
List Price: $2,199,000
HOA Fees:
Amount: $4500
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Paradise Valley, AZ.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.4K
Per Month
Principal & Interest
$10.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$375
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,659
Powered By
Advertisement
NMLS#3030
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
7
/10
Kiva Elementary School
6911 E Mcdonald Dr
Distance between this listing and this school3.73 miles
Public District Grades KG-6
8
/10
Pueblo Elementary School
6320 N 82nd St
Distance between this listing and this school5.10 miles
Public District Grades PK-6
Middle School
4
/10
Arcadia Neighborhood Learning Center
4330 N 62nd St
Distance between this listing and this school3.89 miles
Public District Grades KG-8
7
/10
Mohave Middle School
8490 E Jackrabbit Rd
Distance between this listing and this school5.78 miles
Public District Grades 6-8
9
/10
Cheyenne Traditional Elementary School
13636 N 100th St
Distance between this listing and this school8.79 miles
Public District Grades KG-8
High School
6
/10
Saguaro High School
6250 N 82nd St
Distance between this listing and this school5.09 miles
Public District Grades 9-12
3
/10
Scottsdale Online Learning
7601 East Oak St
Distance between this listing and this school5.35 miles
Public District Grades KG-12
Assigned Schools
7
/10
Kiva Elementary School
6911 E Mcdonald Dr
Distance between this listing and this school3.73 miles
Public District Grades KG-6
8
/10
Pueblo Elementary School
6320 N 82nd St
Distance between this listing and this school5.10 miles
Public District Grades PK-6
Nearby Schools
7
/10
Madison Heights Elementary School
7150 N 22nd St
Distance between this listing and this school2.45 miles
Public District Grades PK-5
Assigned Schools
4
/10
Arcadia Neighborhood Learning Center
4330 N 62nd St
Distance between this listing and this school3.89 miles
Public District Grades KG-8
7
/10
Mohave Middle School
8490 E Jackrabbit Rd
Distance between this listing and this school5.78 miles
Public District Grades 6-8
9
/10
Cheyenne Traditional Elementary School
13636 N 100th St
Distance between this listing and this school8.79 miles
Public District Grades KG-8
Assigned Schools
6
/10
Saguaro High School
6250 N 82nd St
Distance between this listing and this school5.09 miles
Public District Grades 9-12
3
/10
Scottsdale Online Learning
7601 East Oak St
Distance between this listing and this school5.35 miles
Public District Grades KG-12
Nearby Schools
3
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.04 miles
The neighbors living near this home have an average income of $200,655. Most Paradise Valley, AZ residents have annual incomes $200k+. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7120 N Clearwater Pkwy Unit 185
What is the listing price of this property?
The listing price of 7120 N Clearwater Pkwy Unit 185 property is $2,199,000.
What type of property is this?
The property 7120 N Clearwater Pkwy Unit 185 is land located in Paradise Valley, Arizona, 85253.
Is this property for sale now?
Active Listing: 7120 N Clearwater Pkwy Unit 185 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7120 N Clearwater Pkwy Unit 185 are: Kiva Elementary School: GreatSchools Rating 7/10Pueblo Elementary School: GreatSchools Rating 8/10Arcadia Neighborhood Learning Center: GreatSchools Rating 4/10Mohave Middle School: GreatSchools Rating 7/10Cheyenne Traditional Elementary School: GreatSchools Rating 9/10Saguaro High School: GreatSchools Rating 6/10Scottsdale Online Learning: GreatSchools Rating 3/10
How much acreage is this property?
The property 7120 N Clearwater Pkwy Unit 185 is 0.82 acres.
Interested in 7120 N Clearwater Pkwy Unit 185? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7120 N Clearwater Pkwy Unit 185 in Paradise Valley, AZ and zip code 85253 in the Clearwater Hills neighborhood. This home sits on a 0.82 acre lot. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $2,199,000.
In April 2024, from all listings sold in Paradise Valley, AZ there were more than 2 sold above asking price, over 33 sold below and more than 8 were sold right at the asked price. In April 2024 in Paradise Valley, AZ there were 4.2% more homes for sale than in March 2024. While the average time on the market in April 2024 was 123 days, the median list price was $3,073,747.
From Rocket Homes Real Estate and based on county public records data.
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.
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
Men's Tennis
Stein Mart
BJs Wholesale Club
Bloomingdales
Cracker Barrel
Panera
Bob Evans
Lexus
Infiniti
Lincoln
Oldies
Adult Hits
News/Talk/Information