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Home > 7266 N 40TH Street, 5, Paradise Valley, AZ 85253 (MLS# 6830706)

7266 N 40TH Street, 5, Paradise Valley, AZ 85253

$5,000,000
Property Type: Land Lot Size (sq. ft.): 97,867 Status: Active
Current Price: $5,000,000 List Date: 3/10/2025 Last Modified: 4/23/2025

Description

Rarely does an opportunity like this come along-own a pristine 2.25-acre lot atop the highest peak in the prestigious Crown Canyon community, within the exclusive Paradise Valley enclave. Surrounded by a breathtaking mountain preserve and offering panoramic views of the desert landscape, this premier lot comes with plans for a luxurious 14,833 sqft estate designed by Stratton Architects and BedBrock Developers. Crown Canyon is an exclusive community home to only 12 extraordinary residences, each designed to take full advantage of the unique topography and the spectacular views. This lot offers a perfect canvas to build your dream home within a gated community that ensures complete privacy, tranquility, and security.

More Information MLS# 6830706

Contract Information

Current Price: $5,000,000 List Price: $5,000,000 Status: Active List Date: 2025-03-05 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 7266 Compass: N Street Name: 40TH St Suffix: Street City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 2814 Country: US County Code: Maricopa Assessor Number: 164-02-020 Subdivision: WHISPERING CANYON AMD Tax Year: 2024

General Property Description

Apx Total Acres: 2.25 Apx Total Acres G/N: G Price Per Acre: 2222222.22 Apx SqFt: 97867 Price Per SqFt: 51.09 Apx SqFt G/N: G Lot Size Dimensions: see monsoon Zoning: RE-43 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

Remarks Misc

Cross Street: 40th St & Clearwater Pkwy Geo Lat: 33.544773 Geo Lon: -111.998622

Status Change Info

Status Change Date: 2025-03-10

Legal Info

Township: 2N Range: 3E Section: 1 Lot Number: 5

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Parcel Size: 1.00 - 2.49 Acres Development Status: Plans Available Land Features: Cul-De-Sac View: City Lights; Mountain(s) Topography: Hillside Existing Structures: None Water Source: City Franchise Sewer: Septic Tank; No Sewer/Septic Electric: APS Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Use Restrictions: C.C. & R's Environmental: Other (See Rmks) Lockbox Type: None
Listing Office: Walt Danley Local Luxury Christie's International Real Estate
Last Updated: April - 23 - 2025
7266 N 40TH Street, 5, Paradise Valley, AZ 85253- MLS# 6830706
Broker Attribution: 520-403-5270
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