4 months on rocket

7150 N 40th St Unit 11, Paradise Valley, AZ, 85253

$15,900,000

5 Bedrooms
7 Baths
9,333 SqFt
$1,704/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingElectric Door Opener
Garage7 spaces
Year BuiltNew Const., 2025
HeatingElectric
CoolingCeiling Fan(s)
Fireplace2 Fireplace, Exterior Fireplace, Living Room
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6641496
Lot Size2.02 Acres
StatusActive

About 7150 N 40th St Unit 11

Ruby's organic design nestles harmoniously into the north facing slope of this breathtaking two-acre parcel. This private elevated basin is one of the premiere lots in the development, with both framed canyon views and distant vistas of Paradise Valley. This project embodies southwestern contemporary design with an organic stone plinth that grounds the program into the hillside. Horizontal steel blades cantilevering out above the desert floor below provide shade in the harsh climate while maximizing indoor and outdoor living. The palette draws warmth from the canyon geology, allowing the project to blend harmoniously with the pristine desert. The design amplifies and channels views from all spaces while providing an impressive 7 show car garage concealed into the stone plinth with oversized pocket doors that enrich the organic design. This set the stage for the sensational two-story glass atrium with floating stairs, double height pivot door, and a floating bridge which takes you to your private master suite, featuring exercise / spa area, office, laundry room, master closet and two water closets. The core of the living and entertainment space are situated on the western wing, capturing desert sunrise views and allowing for seamless flow to the elevated outdoor terrace and pool deck. Enjoy everyday living on top of the world. *This home won a Best in American Living Award 2021. Recognized as one of the premier home design-build awards in America.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 2025
  • Stories: 2
  • Living Area: 9,333 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: Tile, Wood
  • Interior: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Fire Sprinklers, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Smart Home, Granite Counters
  • Fireplace: 2 Fireplace, Exterior Fireplace, Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 7 spaces
  • Parking: Electric Door Opener

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
  • Lot Size: 2.02 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: $15,900,000
  • Price Per SqFt: $1,704/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

7150 N 40th St Unit 11 vs Paradise Valley

133 DAYS ON ROCKET

+48 Days

$15,900,000

+$12.8M More

$1,704/SqFt

+$985 More

KEY TAKEAWAY

This property is $12.8M more than the Median Sold Price and $985/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: #6641496

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, 7:25:20 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.

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$79.5K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$47.7K

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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.

High School

school-card-donut-2544501
3
/10
  • Camelback High School

  • 4612 N 28th St

  • 2.89 miles

  • Public District Grades 9-12

school-card-donut-2544502
9
/10
  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 7.09 miles

  • Public District Grades 9-12

school-card-donut-2544503
8
/10
  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 7.67 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. Residents of Paradise Valley, AZ typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7150 N 40th St Unit 11

What is the listing price of this property?

The listing price of 7150 N 40th St Unit 11 property is $15,900,000.

What type of property is this?

The property 7150 N 40th St Unit 11 is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 7150 N 40th St Unit 11 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7150 N 40th St Unit 11 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 7150 N 40th St Unit 11 has 5 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 7150 N 40th St Unit 11 is 9,333 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7150 N 40th St Unit 11 is 2025.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›7150 N 40th St Unit 11

This home is located at 7150 N 40th St Unit 11 in Paradise Valley, AZ and zip code 85253 in the Camelback East neighborhood. This 9,333 square foot home, which was built in 2025, sits on a 2.02 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 17, 2023 and is currently priced at $15,900,000.

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 homes for sale in Paradise Valley, AZ increased by 5.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $3,047,500, while the average time on the real estate market was 85 days.

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

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