7540 N Red Ledge Dr, Paradise Valley, AZ 85253
FOR SALENEW CONSTRUCTION5.01 ACRES

7540 N Red Ledge Dr
Paradise Valley, AZ 85253

  • 5 Beds
  • 7 Baths
  • 11,500 sqft (on 5.01 acres)
  • 5 Beds
  • 7 Baths
  • 11,500 sqft (on 5.01 acres)

$21,000,000

Est. Mortgage $117,372/mo*
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Local Information

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Description

Step into the future of architectural brilliance with this forthcoming masterpiece, the 11,500-square-foot modern home Whispering Heights (one of 2 executive homes in ''SaddleridgeLiving'' Development) that has been designed and will be built by renowned architect Ivan Shongov of architekshon, Inc, alongside Kurt Holland of Incline LLC in the prestigious Clearwater Hills community on one of the highest and most coveted view lots in Paradise Valley. This contemporary haven stands as a testament to innovation, luxury, and the seamless integration of design and nature. Architectural Marvels: Envisioned by a luminary in the field, this modern marvel transcends traditional boundaries. The design seamlessly merges sleek lines, expansive glass, and cutting-edge materials to create a residence that not only defines modern living but redefines it.

The cantilevered infinity pool is thoughtfully designed with sheer artful streams of water that cascade over the pool's edge, gracefully descending to meet the first floor.

Unrivaled Views: Situated on a sprawling 5-acre estate, this home offers unparalleled views of Mummy and Camelback Mountain. Experience the ever-changing panorama from nearly every corner of the home, where nature becomes a living canvas.

Environmental Harmony: Designed with a commitment to environmental preservation, this residence minimizes intrusion on the natural surroundings, allowing you to coexist harmoniously with the beauty of the landscape.

Exclusive Privacy: Nestled within the 24-hour attended gated Clearwater Hills community, it features its own private gated entrance and a majestic ~3,000-foot drive, which it shares with just one other Saddleridge estate home.

Luxurious Features: Indulge in the amenities of this exquisite residence, featuring his and her offices, a home fitness studio and sauna, dual primary suites, a chef's dream kitchen with a butler's pantry, movie theatre, wine room, a circular glass elevator and a pool cabana. The five-car garage, roof terrace, and state-of-the-art home automation complete this unparalleled living dream.

Experience a sense of liberation and escape in the middle of the fifth largest city in the country. The design and location make you feel like you're in a different cosmos, providing a retreat from the hustle and bustle while being close to Scottsdale and Phoenix airports.

Whispering Heights is not just a dwelling; it's an elevated lifestyle, a retreat where architectural innovation meets natural splendor, offering privacy, luxury, and an unparalleled sense of being on top of the world. Welcome to your future haven in the sky.

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Home Highlights

Parking
Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
$375/Monthly
Price/Sqft
$1,826
Listed
101 days ago

Home Details for 7540 N Red Ledge Dr

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 7
Dimensions and Layout
Living Area: 11500 Square Feet
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Refrigeration,Programmable ThmstatHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 2Fireplace: 2 Fireplace, GasSpa: Heated, PrivateHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Window: Double Pane Windows, Low Emissivity WindowsFlooring: Stone, Wood, Concrete
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3ElevatorFloors: Stone, Wood, Concrete
View
Has a ViewView: City Lights, Mountain(s)
Security
Security: Fire Sprinkler System

Exterior Features

Exterior Home Features
Roof: ConcreteFencing: NoneExterior: Balcony, Misting System, Patio, Private Street(s), Private Yard, Storage, Built-in BarbecueHas a Private Pool
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5Open Parking Spaces: 4Has a GarageHas Open ParkingParking: Attch'd Gar Cabinets,Inside Entrance,Electric Door Opener,Storage,Temp Controlled
Pool
Pool: Variable Speed Pump, Heated, PrivatePool
Frontage
Responsible for Road Maintenance: Private Maintained Road
Water & Sewer
Sewer: Septic Tank
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 101

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Frame - MetalIs a New ConstructionNot Attached Property
Property Information
Condition: To Be BuiltParcel Number: 16912010B

Price & Status

Price
List Price: $21,000,000Price Per Sqft: $1,826
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Paradise ValleyCommunity: CLEARWATER HILLS 2- Lot 205
School Information
Elementary School: Kiva Elementary SchoolElementary School District: Scottsdale Unified DistrictJr High / Middle School: Mohave Middle SchoolHigh School: Saguaro High SchoolHigh School District: Scottsdale Unified District

Agent Information

Listing Agent
Listing ID: 6652584

Building

Building Details
Builder Name: Incline Builders
Building Area
Building Area: 11500 Square Feet

Community

Community Features: Gated, Guarded Entry

HOA

HOA Fee Includes: Maintenance Grounds, Street MaintHOA Name: Clearwater HillsHOA Phone: 480-922-9080Has an HOAHOA Fee: $4,500/Annually

Lot Information

Lot Area: 5.0079 Acres

Offer

Listing Terms: Cash, Conventional

Energy

Energy Efficiency Features: Multi-Zones

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6652584

Additional Information

HOA Amenities: Management
Last check for updates: about 20 hours ago
Listing courtesy of Mary Jo Santistevan, (480) 703-4085
Berkshire Hathaway HomeServices Arizona Properties
Mike Santistevan, (480) 510-3150
Berkshire Hathaway HomeServices Arizona Properties
Source: ARMLS, MLS#6652584
Also Listed on BHHS broker feed, Berkshire Hathaway HomeServices Arizona Properties.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR®- Chris Long - (480) 907-1010
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Price History for 7540 N Red Ledge Dr

DatePriceEventSource
01/19/2024$21,000,000Listed For SaleARMLS #6652584
12/13/2023ListingRemovedARMLS #6484987
10/20/2023$19,500,000PriceChange
ARMLS #6477513
11/03/2022$19,750,000PriceChange
ARMLS #6484987
11/03/2022$19,500,000PriceChange
ARMLS #6477513
10/15/2022$17,500,000Listed For SaleARMLS #6477513
03/29/2022$700,000Sold
N/A
10/05/2011$987,000Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$4,958
Assessment$1,254,400
Home facts updated by county records

Comparable Sales for 7540 N Red Ledge Dr

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Sold Date
Bed
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What Locals Say about Paradise Valley

  • Mnpiasec
    "Hiking! Camelback mountain. Everyone is very active and friendly . Always walking their dogs around here or checking in on others. "
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  • Aw
    "Large spacious lots, great location in city, great shopping, restaurants, and friendly community. Can’t beat it!"
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  • Terry A.
    "Definitely need a car for even the most basic errand. That said, great location to the 51, we are 15 mins to the airport. Paradise Valley is nestled between Phoenix and Scottsdale "
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  • Terry A.
    "Safe, quiet neighborhoods. Mixed households of working professionals, retired and young families. Have to drive to public parks and playgrounds. Houses on acre lots so that makes it more challenging to engage with your neighbors. "
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  • Ann
    "Well taken care of yards. Gated and safe. . Beautiful homes with HOAs and a strong city to make sure they stay that wary. "
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  • Ann
    "Beautiful, well cared for properties. Pride of ownership shows in every home. Most homes sit on an acre or more and most are gated. "
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  • chanegw
    "Paradise Valley is ideally located in the Phoenix valley. Close to shopping, the airport, downtown, Scottsdale activities, but free from traffic, and unwanted commercial activity. Great schools, golf, and recreational activities."
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  • philsperfect
    "I live on Lincoln Drive. Its great for commuting to work (Sky Harbor & Scottsdale). Shopping and nightlife, bars / restaurants are excellent and all within 10-15 mins drive. Truly exceptional area and all with great views."
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  • Gjjams
    "Wonderful neighborhood, good view, great schools."
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  • Neal W. S.
    "I enjoy living in the Laplace area of Paradise Valley because it is clean, safe, flat which is great for taking walks, only 5 minutes to freeways, shopping, entertainment, recreation, and very quiet and private area. Everyone takes "pride" in their homes. I have been here for 10 years. "
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  • Debra S.
    "I was raised in this area and still live close by...for 61 years. This are is by far THE BEST in every single term and way. "
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LGBTQ Local Legal Protections

Mary Jo Santistevan, Berkshire Hathaway HomeServices Arizona Properties
7540 N Red Ledge Dr, Paradise Valley, AZ 85253 is a 5 bedroom, 7 bathroom, 11,500 sqft single-family home built in 2026. This property is currently available for sale and was listed by ARMLS on Jan 19, 2024. The MLS # for this home is MLS# 6652584.