Dreaming of a massive backyard on the hillside? Located on a 3+ acre parcel in Arizona's most exclusive gated community Crown Canyon, the Opal homesite is prime for extravagant indoor-outdoor living with generous lawn and deck space. Premier luxury homebuilder BedBrock Developers, coupled with award-winning architect Stratton Andrews, is prepared to fully design and build your custom dream home on this parcel. To inspire you further, Andrews designed this award-winning 10,000 sq. ft. showcase estate with an impressive courtyard, multi-level yard space and floating arches cantilevering to protect from the sunny Arizona climate. Immersed in the canyon with elevated mountain views, this custom homesite is a rare find.
Property Details
Property Features
Listing Office:
Office Name: Bedbrock Real Estate Company
Office Phone: (602) 717-9366
Listing Agent: Silje Garner, Nicole Meacham
Lot Features
Lot Information:
Lot: Private
Lot Size: 3.01 Acres
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: $3,000,000
HOA Fees:
Amount: $1500
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.
$15.1K
Per Month
Principal & Interest
$14.9K
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)
$125
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
$9,061
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.
High School
3
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.02 miles
Public District Grades 9-12
9
/10
Phoenix Union Bioscience High School
512 E Pierce St
Distance between this listing and this school7.21 miles
Public District Grades 9-12
8
/10
Franklin Police and Fire High School
1645 W Mcdowell Rd
Distance between this listing and this school7.73 miles
Public District Grades 9-12
Nearby Schools
7
/10
Madison Heights Elementary School
7150 N 22nd St
Distance between this listing and this school2.08 miles
Public District Grades PK-5
8
/10
Mercury Mine Elementary School
9640 N 28th St
Distance between this listing and this school2.47 miles
Public District Grades KG-6
9
/10
Cherokee Elementary School
8801 N 56th St
Distance between this listing and this school2.79 miles
Public District Grades PK-5
Nearby Schools
6
/10
Biltmore Preparatory Academy
4601 N 34th St
Distance between this listing and this school2.72 miles
Public District Grades KG-8
4
/10
Shea Middle School
2728 E Shea Blvd
Distance between this listing and this school3.01 miles
Public District Grades 7-8
9
/10
Villa Montessori - Phoenix Campus
4535 N 28th St
Distance between this listing and this school3.03 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.02 miles
Public District Grades 9-12
9
/10
Phoenix Union Bioscience High School
512 E Pierce St
Distance between this listing and this school7.21 miles
Public District Grades 9-12
8
/10
Franklin Police and Fire High School
1645 W Mcdowell Rd
Distance between this listing and this school7.73 miles
The neighbors living near this home have an average income of $118,056. The majority of Paradise Valley, AZ residents have income between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7235 N 40th St Unit 3
What is the listing price of this property?
The listing price of 7235 N 40th St Unit 3 property is $3,000,000.
What type of property is this?
The property 7235 N 40th St Unit 3 is land located in Paradise Valley, Arizona, 85253.
Is this property for sale now?
Accepting Backup Offers: 7235 N 40th St Unit 3 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 7235 N 40th St Unit 3 are: Camelback High School: GreatSchools Rating 3/10Phoenix Union Bioscience High School: GreatSchools Rating 9/10Franklin Police and Fire High School: GreatSchools Rating 8/10
How much acreage is this property?
The property 7235 N 40th St Unit 3 is 3.01 acres.
Interested in 7235 N 40th St Unit 3? 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 7235 N 40th St Unit 3 in Paradise Valley, AZ and zip code 85253 in the Camelback East neighborhood. This home sits on a 3.01 acre lot. It has been listed on Rocket Homes since December 21, 2023 and is currently priced at $3,000,000.
Paradise Valley, AZ housing market in March 2024 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 24 sold below. Between February 2024 and March 2024, Paradise Valley, AZ real estate market has seen increase in the number of listings by 5.8%. 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.