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(480) 613-9411

(480) 613-9411

6602 N 40Th St, Paradise Valley, AZ 85253

$3,888,800

Striking desert home with modern architecture, lush desert landscaping, and mountain views at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Bedrooms

    5

  • Baths

    5

  • Sq. Feet

    6173

  • Year Built

    1962

  • Days On Market

    7

  • $/SqFt

    $630

11 Photos

  • Striking desert home with modern architecture, lush desert landscaping, and mountain views at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Striking desert home with modern architecture, stone entrance, lush desert landscaping, and mountain views at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Stunning aerial view showcasing the neighborhood with lush greenery and striking mountain views at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Inviting front entrance with modern design, desert landscaping, and unique architectural details at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Partially renovated living room with fireplace, ready for customization at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Exterior construction site showing framing work, offering potential for customization at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Desert home on a long driveway, landscaped with mature trees and desert plants at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Partially renovated living room with fireplace, ready for customization at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Backyard with unfinished pool; ready for a custom design at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Aerial view showcases the property's location, with mountain views and partially renovated structures at 6602 N 40Th St, Paradise Valley, AZ 85253
  • Detailed architectural floor plan featuring bedrooms, living spaces, kitchen and outdoor patio at 6602 N 40Th St, Paradise Valley, AZ 85253
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Home Description

**Exciting Opportunity: Mid-Construction Hillside Retreat! ** This unique property in the prestigious 85253 area, with stunning mountain views, is about 30% complete and includes all permits, plans, and designs. Priced at $3.888 million ($629/sq ft). The remaining remodel budget is $1 million, with a potential resale value of around $5.5 million ($890/sq ft, with comps closer to $950-$1,000/sq ft), offering savvy investors an 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 hillside!

  • 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 $3,888,800

Approximate Room Location / Sizes

Dining RoomMain
KitchenMain
Living RoomMain
OfficeMain
Bedroom 2Main
Bedroom 3Main
Bedroom 4Main
Bedroom 5Main
Master BedroomMain
  • 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 $7,335,736 (88.6% more than this home).

This home is priced at $630/sqft, which is 61.2% less than similar homes in the 85253 zip code.

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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:$18,918*
  • 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.

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 $3,888,800 . This single family home has 5 bedrooms. A comparable home for sale at 5430 E Royal Palm Rd in Paradise Valley is listed at $2,950,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and New Homes in Paradise Valley, AZ. Tatum Canyon, Village At Paradise Reserve and Camelhead Estates are nearby neighborhoods. MLS 6816774 has been posted on this site since 2/7/2025 (today).

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