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Home > 7150 N 40TH Street 11, Paradise Valley, AZ 85253 (MLS# 6979045)

7150 N 40TH Street 11, Paradise Valley, AZ 85253

New Listing
$20,000,000
Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 9,399 Lot Size (sq. ft.): 87,952 Status: Active
Current Price: $20,000,000 List Date: 2/05/2026 Last Modified: 2/05/2026

Description

Discover the Ruby Residence in Crown Canyon, Arizona's most exclusive gated community. Set on a breathtaking two-acre parcel, the home captures framed canyon views and distant vistas of Paradise Valley and Four Peaks. Award-winning contemporary design is expressed through cantilevered steel rooflines and organic materials drawn from the surrounding geology. Expansive pocket doors blur indoor-outdoor living and a dramatic two-story glass atrium with floating stairs and bridge leads to a private primary wing with a spa, office, and resort style amenities. The western wing hosts the main living and entertainment areas, flowing seamlessly to an elevated terrace and pool deck offering pristine living high above the desert floor. An impressive 10-car garage with room for 2 lifts expands from

Supplements: the oversized auto court. Crown Canyon is a secluded and untouched 30-acre enclave in the prestigious community of Paradise Valley. Nestled within a breathtaking mountain preserve, this is home to 12 exceptional luxury residences. Meticulously designed by renowned architects, these one-of-a-kind homes embrace the natural beauty of the surroundings, maximizing the captivating views and unique topography of each homesite. Experience tranquility, seclusion, and utmost security within this gated haven, ensuring unparalleled peace of mind.

More Information MLS# 6979045

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $20,000,000 Status: Active Current Price: $20,000,000 List Date: 2026-01-07

Location, Tax & Legal

Unit #: 11 Assessor's Map #: 2 Legal Description (Abbrev): LOT 11 WHISPERING CANYON AMD MCR Assessor's Parcel #: 26 Tax Municipality: Phoenix Taxes: 13932 House Number: 7150 Compass: N Street Name: 40TH St Suffix: Street City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 2863 County Code: Maricopa Assessor Number: 164-02-026 Subdivision: CROWN CANYON Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Full Bathrooms: 5 Half Bathrooms: 2 Approx SQFT: 9399 Price/SqFt: 2127.89 Approx Lot SqFt: 87952 Approx Lot Acres: 2.019 Flood Zone: No Guest House SqFt: 716 Horses: N Builder Name: BedBrock Developers Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District Elementary School: Biltmore Preparatory Academy Jr. High School: Biltmore Preparatory Academy High School: Camelback High School Community Pool Y/N: No Private Pool Y/N: Yes Planned Comm Name: Crown Canyon Fireplace YN: Yes Fireplaces Total: 3 Marketing Name: Ruby Residence Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 5 Total Bathrooms: 7 Year Built: 2028

Legal Info

Range: 3E Section: 1 Township: 2N Lot Number: 11

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1 Steel Frame: 1 Spray Foam Insulation: 1

Const - Finish

Stucco: 1 Stone: 1

Roofing

Metal: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 0 HOA Fee: 1500 HOA Paid Frequency: Annually HOA Name: Crown Canyon HOA Telephone: 480-287-2130 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: Y PAD Fee: 0 PAD Paid (Freq): Annually Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 0 Disclosure Fees HOA: 0 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 125

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

None: 1

Architecture

Contemporary: 1

Architect

Architect: Stratton Architects

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Private Toilet Room: 1

Master Bedroom

Upstairs: 1

Additional Bedroom

Other Bedroom Downstairs: 1

Fireplace Features

Fireplace Living Rm: 1 Fireplace Master Bdr: 1 Exterior Fireplace: 1

Flooring

Tile: 1 Wood: 1

Window Features

Dual Pane: 1

Private Pool Features

Outdoor: 1 Variable Speed Pump: 1

Community Features

Biking/Walking Path: 1 Gated: 1

Dining Area

Formal: 1 Eat-in Kitchen: 1

Heating

Heat Pump: 1

View

City: 1 Desert: 1 Panoramic: 1 City Lights: 1 Mountain(s): 1

Kitchen Features

Built-In Electric Oven: 1 Dishwasher: 1 Gas Range: 1 Kitchen Island: 1 Built-in Microwave: 1 Multiple Ovens: 1 Refrigerator: 1 Reverse Osmosis: 1 Walk-in Pantry: 1

Cooling

See Remarks: 1

Interior Features

Vaulted Ceiling(s): 1 9+ Flat Ceilings: 1 Wet Bar: 1 Elevator: 1 Water Softener Owned: 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Exercise/Sauna Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Road Access Type

Private Road: 1

Road Responsibility

Private Maintained Road: 1

Technology

Smart Home: 1

Fencing

None: 1

Water Source

City Water: 1

Exterior Features

Separate Guest House: 1 Built-in BBQ: 1 Covered Deck: 1 Covered Patio(s): 1

Spa

Private: 1 Heated: 1

Manufactured Home Features

In Subdivision: 1

Sewer

Septic Tank: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 10 Garage Spaces: 10

Parking Features

Over Height Garage: 1 Separate Strge Area: 1 Attached Garage: 1 Extended Length Garage: 1

New Financing

Cash: 1 Conventional: 1

Plumbing

Tankless Ht Wtr Heat: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Hillside Lot: 1 East/West Exposure: 1

Landscaping

Desert Front: 1 Desert Back: 1

Services

City Services: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Other (See Remarks): 1

Assoc Rules/Info

Other (See Remarks): 1

Remarks Misc

Cross Street: 40th St & Lincoln Dr Directions: North on 40th St, follow the road to the end where you reach the gate of Crown Canyon. Geo Lat: 33.540568 Geo Lon: -111.997624

Property Features

Special Listing Cond: N/A Architecture: Contemporary View: Desert; Panoramic; City Lights; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Private Toilet Room Master Bedroom: Upstairs Additional Bedroom: Other Bedroom Downstairs Fireplace Features: Fireplace Living Rm; Fireplace Master Bdr; Exterior Fireplace Flooring: Tile; Wood Window Features: Dual Pane Private Pool Features: Outdoor; Variable Speed Pump Spa: Private; Heated Community Features: Biking/Walking Path; Gated Dining Area: Formal; Eat-in Kitchen Kitchen Features: Built-In Electric Oven; Gas Range; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Multiple Ovens; Walk-in Pantry; Kitchen Island Laundry: Washer Included; Dryer Included Other Rooms: Family Room; Exercise/Sauna Room Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Wet Bar; Elevator; Water Softener Owned Technology: Smart Home Exterior Features: Built-in BBQ; Covered Deck; Covered Patio(s); Separate Guest House Manufactured Home Features: In Subdivision Parking Features: Attached Garage; Extended Length Garage; Over Height Garage; Separate Strge Area Road Access Type: Private Road Road Responsibility: Private Maintained Road Construction: Wood Frame; Steel Frame; Spray Foam Insulation Const - Finish: Stucco; Stone Roofing: Metal Cooling: See Remarks Heating: Heat Pump Plumbing: Tankless Ht Wtr Heat Utilities: APS; SW Gas Water Source: City Water Sewer: Septic Tank Services: City Services Fencing: None Property Description: Hillside Lot; East/West Exposure Landscaping: Desert Front; Desert Back Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: Close of Escrow Association Fee Incl: Other (See Remarks) Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: Bedbrock Real Estate Company
IDX
Last Updated: February - 05 - 2026
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