This is the real price for a furnished home in Paradise Valley and it is a monthly fee. I have cut and paste the realtors comments to show that it could be rented year round for $10,000 a month compared to $12,000 during the winter season.
"Remarks: Wow! Magnificent Panoramic Views and Old World Luxury Charm at it's finest! Views of Downtown Skyline & Camelback Mountain - Gourmet Kitchen with Custom Cabinetry - Granite Countertops - Premium Appliances - Wood Beam Ceilings - Five Fireplaces - 3,000 Sq Ft of Decking - Heated Pool & Spa - 3 Car Garage - Completely Furnished throughout - 4 Bedrooms/4.5 Baths - just like staying at a resort with all the privacy and seclusion you can enjoy! Available seasonal at $10,000/month".