Fireplace3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom
Private PoolYes
MLS #6677517
Lot Size0.99 Acres
StatusActive
About 8306 N Merion Way
This private estate lies beyond a gracious courtyard entry and has every imaginable amenity for those who appreciate living life to the fullest. Every special space is overflowing with character, and to say it's a playground for kids and adults alike would be an understatement. The chef in the family has two kitchens, inside and out, three ovens, three dishwashers, two icemakers, and a fully loaded butler's pantry. The wine enthusiast will enjoy the 1300 bottle wine cellar and separate tasting room. For the recliner in the family, there are multiple family rooms for relaxation and movie viewing, and the party girl has a full restaurant style walk up wet bar, a spacious dining room, and a bonus entertainment room with fully retractable walls of glass that perfectly combine indoor and outdoor spaces. Not to be overlooked is your sports fanatic, as the home has an exercise room, sport court, pickle ball, in-ground trampoline, and an outdoor shower for when fun is over for the day, and when it's time to settle into work, there are private his and hers offices, and custom workstations for the kids. The floor plan flows beautifully from the adult areas to the kids wing and allows privacy for both. And best of all, the home is intentionally designed with warmth so that small gatherings never lack intimacy. Six Bedrooms, nine bathrooms, exposed wood beams, sleek granite surfaces, rich wood cabinetry, custom doors and windows, five fireplaces, extra laundry room in the master, heated pool and spa with water features, and a crestron home automation system are just a taste of what this impeccable home has to offer, and it sits in the highly coveted Camelback Country Club Estates just steps from the golf course which only adds to this enviable lifestyle
Property Details
Property Features
Property Information:
Architectural Style: Ranch, Spanish
Year Built: 1974
Stories: 1
Living Area: 8,350 SqFt
Listing Office:
Office Name: Launch Powered By Compass
Office Phone: (480) 776-1555
Listing Agent: Robert E Joffe, Andrew J. Mehlman
Interior Features
Interior Information:
Flooring Type: Stone, Wood, Concrete
Interior: Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home
Fireplace: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom
Parking: Dir Entry frm Garage, Electric Door Opener
Lot Features
Lot Information:
Lot: Sprinklers In Rear, Sprinklers In Front, Grass Front
Lot Size: 0.99 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Ceiling Fan(s)
School Info
Assigned Schools Information:
Chaparral High School, Public District Grades 9-12
Scottsdale Online Learning, Public District Grades KG-12
Cocopah Middle School, Public District Grades 6-8
Arcadia Neighborhood Learning Center, Public District Grades KG-8
Cheyenne Traditional Elementary School, Public District Grades KG-8
Cherokee Elementary School, Public District Grades PK-5
Pueblo Elementary School, Public District Grades PK-6
Other
Directions Information:
Directions: From Mockingbird, head east on Northern past Camelback Golf Club to the end. Turn left on Golf Dr. Take Golf Dr and veer right at the fork, this becomes Merion Way. Home on left side.
Price Information
Listing Price Info
Price Summary:
List Price: $6,295,000
Price Per SqFt: $754/SqFt
HOA Fees:
Amount: $700
Frequency: Annually
Tax Information:
Annual Amount: $11,794
Tax Year: 2021
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$31.5K
Per Month
Principal & Interest
$31.4K
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)
$58
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
$18.9K
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
9
/10
Cherokee Elementary School
8801 N 56th St
Distance between this listing and this school1.85 miles
Public District Grades PK-5
8
/10
Pueblo Elementary School
6320 N 82nd St
Distance between this listing and this school2.28 miles
Public District Grades PK-6
Middle School
8
/10
Cocopah Middle School
6615 E Cholla St
Distance between this listing and this school2.13 miles
Public District Grades 6-8
4
/10
Arcadia Neighborhood Learning Center
4330 N 62nd St
Distance between this listing and this school4.20 miles
Public District Grades KG-8
9
/10
Cheyenne Traditional Elementary School
13636 N 100th St
Distance between this listing and this school5.09 miles
Public District Grades KG-8
High School
7
/10
Chaparral High School
6935 E Gold Dust Ave
Distance between this listing and this school1.37 miles
Public District Grades 9-12
3
/10
Scottsdale Online Learning
7601 East Oak St
Distance between this listing and this school6.01 miles
Public District Grades KG-12
Assigned Schools
9
/10
Cherokee Elementary School
8801 N 56th St
Distance between this listing and this school1.85 miles
Public District Grades PK-5
8
/10
Pueblo Elementary School
6320 N 82nd St
Distance between this listing and this school2.28 miles
Public District Grades PK-6
Nearby Schools
9
/10
Cochise Elementary School
9451 N 84th St
Distance between this listing and this school1.94 miles
Public District Grades PK-5
Assigned Schools
8
/10
Cocopah Middle School
6615 E Cholla St
Distance between this listing and this school2.13 miles
Public District Grades 6-8
4
/10
Arcadia Neighborhood Learning Center
4330 N 62nd St
Distance between this listing and this school4.20 miles
Public District Grades KG-8
9
/10
Cheyenne Traditional Elementary School
13636 N 100th St
Distance between this listing and this school5.09 miles
Public District Grades KG-8
Assigned Schools
7
/10
Chaparral High School
6935 E Gold Dust Ave
Distance between this listing and this school1.37 miles
Public District Grades 9-12
3
/10
Scottsdale Online Learning
7601 East Oak St
Distance between this listing and this school6.01 miles
Public District Grades KG-12
Nearby Schools
6
/10
Saguaro High School
6250 N 82nd St
Distance between this listing and this school2.43 miles
The neighbors living near this home have an average income of $107,860. The majority of Paradise Valley, AZ residents have income between $100k-200k annually. The most common type of family 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 8306 N Merion Way
What is the listing price of this property?
The listing price of 8306 N Merion Way property is $6,295,000.
What type of property is this?
The property 8306 N Merion Way is a house located in Paradise Valley, Arizona, 85253.
Is this property for sale now?
Active Listing: 8306 N Merion Way is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8306 N Merion Way are: Cherokee Elementary School: GreatSchools Rating 9/10Pueblo Elementary School: GreatSchools Rating 8/10Cocopah Middle School: GreatSchools Rating 8/10Arcadia Neighborhood Learning Center: GreatSchools Rating 4/10Cheyenne Traditional Elementary School: GreatSchools Rating 9/10Chaparral High School: GreatSchools Rating 7/10Scottsdale 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 $11,794 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 10, 2004 for $1,330,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8306 N Merion Way has 6 bedrooms and 9 bathrooms.
What is the square footage of this property?
The property 8306 N Merion Way is 8,350 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8306 N Merion Way is 1974.
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 8306 N Merion Way in Paradise Valley, AZ and zip code 85253 in the Camelback Country Club Estates neighborhood. This 8,350 square foot home, which was built in 1974, sits on a 0.99 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $6,295,000.
While more than 2 listings in Paradise Valley, AZ in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 24 were sold below. The number of listings in Paradise Valley, AZ increased by 5.8% between February 2024 and March 2024. Listings spent 85 days on the market in March 2024, and had a median list price of $3,047,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.