6602 N 40Th St, Paradise Valley, AZ 85253
$3,500,000
Reduced By $388,800, last change 2/26/2025
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Home Description
**MASSIVE PRICE REDUCTION** Opportunity to own Mid-Construction Hillside Retreat! ** This unique property in the prestigious 85253 area, with stunning mountain views, is about 35% complete and includes all permits, plans, and designs. Priced at $3.5 mill ($566/sq ft). The remaining remodel budget is $1 million, with a potential resale and ARV of $5.5 million ($890/sq ft, with comps closer to $950-$1,000/sq ft), offering savvy investors a expected profit of **$600k** upon completion. No HOA and lot over 1 acre! Envision your dream home in this tranquil hillside setting, and while construction is continuing, we are open to various exit strategies. This property presents numerous possibilities for your vision. Don't miss out on this rare chance to create a picturesque retreat in the Paradise
- Pool: Heated,Private
- Spa: Private
- Garage Spaces: 3.00
- Interior: 9+ Flat Ceilings,Bidet,Full Bth Master Bdrm,Kitchen Island,Pantry,Separate Shwr & Tub,Vaulted Ceiling(s)
- Full Baths: 5
- Partial Baths: 0
- Fireplace: 1 Fireplace,Exterior Fireplace,Gas
- Flooring: Tile,Wood
- Other Rooms: Bonus/Game Room
Available now at $3,500,000
Approximate Room Location / Sizes
| Dining Room | Main | |
| Kitchen | Main | |
| Living Room | Main | |
| Office | Main | |
| Bedroom 2 | Main | |
| Bedroom 3 | Main | |
| Bedroom 4 | Main | |
| Bedroom 5 | Main | |
| Master Bedroom | Main | |
- Exterior: Built-in Barbecue,Patio,Storage
- Construction: Block,Painted,Stone,Stucco
- Architecture: Santa Barbara/Tuscan
- Lot: Desert Back,Desert Front,Irrigation Back,Irrigation Front
- Lot Sq Ft: 47027
- Water: Pvt Water Company
- Tax Municipality: Paradise Valley
- Association Amenities: None
Neighborhood
The average asking price of a 5 bedroom Paradise Valley home in this zip code is
$7,427,138 (112.2% more than this home).
This home is priced at $567/sqft,
which is 81.6% less than similar homes
in the 85253 zip code.
Potential Great Value
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School Information
- District:Scottsdale Unified District
- Elementary:Kiva Elementary School
- Junior High:Mohave Middle School
- High School:Saguaro High School
Financial
- Approx Payment:$17,026*
- Taxes:$9,356
Area Stats
These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(480) 613-9411 and speak with one of our real estate consultants.
Popular Homes
$601,208
$474,995
200
0.5%
47.0%
80
$686,035
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62
1.6%
46.8%
65
$722,685
$619,900
543
0.2%
48.3%
64
$7,482,263
$4,250,000
47
0.0%
42.6%
99
$2,179,909
$2,090,000
11
0.0%
36.4%
127
$866,407
$669,000
677
0.6%
49.2%
64
$549,953
$477,000
598
0.5%
52.7%
73
$741,050
$519,000
221
0.0%
51.6%
114
$1,442,147
$835,000
19
0.0%
31.6%
47
$1,717,500
$1,397,500
4
0.0%
50.0%
153
$632,361
$524,990
1169
0.2%
48.3%
70
$1,095,060
$674,498
24
0.0%
50.0%
55
$664,519
$569,900
709
0.0%
49.4%
72
$834,748
$550,000
2639
0.7%
49.3%
75
$696,385
$584,900
43
0.0%
46.5%
55
$2,595,795
$1,697,000
1349
0.4%
46.6%
101
$1,254,593
$1,299,000
15
0.0%
33.3%
66
$746,914
$615,000
184
0.5%
45.1%
66
$531,583
$536,500
6
0.0%
66.7%
86
$2,542,879
$2,399,000
67
0.0%
44.8%
148
$905,478
$819,900
9
0.0%
44.4%
57
$606,705
$484,450
20
0.0%
50.0%
90
Listing Courtesy of The Ave Collective.
For information or to schedule a viewing of this property (MLS# 6816774), call: 480-613-9411
6602 N 40Th St, Paradise Valley AZ is a single family home of 6173 sqft and
is currently priced at $3,500,000
.
This single family home has 5 bedrooms.
A comparable home for sale at 6340 E Huntress Dr in Paradise Valley is listed at $5,750,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and New Homes
in Paradise Valley, AZ.
Cutaias Acres, Mountain Shadows and Via Vista are nearby neighborhoods.
MLS 6816774 has been posted on this site since 2/7/2025 (today).