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7140 N 40th St Unit 12, Paradise Valley, AZ, 85253

$16,200,000

4 Bedrooms
6 Baths
8,132 SqFt
$1,992/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Garage4 spaces
Year BuiltNew Const., 2024
HeatingElectric
CoolingCeiling Fan(s)
Fireplace2 Fireplace, Exterior Fireplace, Fire Pit, Living Room, Master Bedroom
ViewMountain(s)
Private PoolYes
MLS #6672341
Lot Size2.75 Acres
StatusActive

About 7140 N 40th St Unit 12

MOVE-IN READY JAN'25! Discover unparalleled privacy and serenity with the Jade residence in Crown Canyon, Arizona's most exclusive gated community. This award-winning BedBrock ultra luxury home with architect CP Drewett and interior designer Mara Green is a true masterpiece. Its distinctive Frank Lloyd Wright inspired triangular form features primary living on the main level with soaring 19-foot ceilings that ascend to an impressive 24 feet encapsulated in glass. A grand staircase, or elevator for ease, takes you to the lower level with two secondary en-suite bedrooms, an oversized game/family room complete with a bar, and a separate fitness room. A detached casita perched above the four-car garage rests seamlessly on the hillside, offering a private retreat for guests. Sprawling outdoor decks, fireplaces and an outdoor kitchen surround the infinity pool and spa capturing 250 degree views of the raw desert landscape. This one-of-a-kind home is customized with premium materials and appliances, showcasing a steel construction and meticulous attention to detail throughout.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 2
  • Living Area: 8,132 SqFt

Listing Office:

  • Office Name: Bedbrock Real Estate Company
  • Office Phone: (602) 717-9366
  • Listing Agent: Silje Garner, Nicole Hazelton

Interior Features

Interior Information:

  • Flooring Type: Other, Tile
  • Interior: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home
  • Fireplace: 2 Fireplace, Exterior Fireplace, Fire Pit, Living Room, Master Bedroom

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)
  • Exterior: Covered Patio(s), Patio, Storage, Built-in Barbecue

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Lot Size: 2.75 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Camelback High School, Public District Grades 9-12
  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Franklin Police and Fire High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: North on 40th St, take the road to the end where you reach the gate of Crown Canyon.

Price Information

Listing Price Info

Price Summary:

  • List Price: $16,200,000
  • Price Per SqFt: $1,992/SqFt

HOA Fees:

  • Amount: $1500
  • Frequency: Annually
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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

$719

Avg. Days On Market

85

# of Sold Homes

30

7140 N 40th St Unit 12 vs Paradise Valley

51 DAYS ON ROCKET

-34 Days

$16,200,000

+$13.1M More

$1,992/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $13.1M more than the Median Sold Price and $1.2K/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: #6672341

Listing Office:

  • Office Name: Bedbrock Real Estate Company
  • Office Phone: (602) 717-9366
  • Listing Agent: Silje Garner, Nicole Hazelton

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: 4/28/2024, 8:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$81K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$48.6K

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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.

High School

school-card-donut-2561574
3
/10
  • Camelback High School

  • 4612 N 28th St

  • 2.96 miles

  • Public District Grades 9-12

school-card-donut-2561575
9
/10
  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 7.16 miles

  • Public District Grades 9-12

school-card-donut-2561576
8
/10
  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 7.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,056. The most common annual income of people living in Paradise Valley, AZ is between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7140 N 40th St Unit 12

What is the listing price of this property?

The listing price of 7140 N 40th St Unit 12 property is $16,200,000.

What type of property is this?

The property 7140 N 40th St Unit 12 is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 7140 N 40th St Unit 12 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7140 N 40th St Unit 12 are:
Camelback High School: GreatSchools Rating 3/10
Phoenix Union Bioscience High School: GreatSchools Rating 9/10
Franklin Police and Fire High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 7140 N 40th St Unit 12 has 4 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 7140 N 40th St Unit 12 is 8,132 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7140 N 40th St Unit 12 is 2024.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›7140 N 40th St Unit 12

This home is located at 7140 N 40th St Unit 12 in Paradise Valley, AZ and zip code 85253 in the Camelback East neighborhood. This 8,132 square foot home, which was built in 2024, sits on a 2.75 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $16,200,000.

Over 2 listings were sold over their listed price in March 2024 in Paradise Valley, AZ. In the same period over 24 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in Paradise Valley, AZ increased by 5.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 85 days, the median list price was $3,047,500.

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

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