6602 N 40Th St, Paradise Valley, AZ 85253
$3,888,800
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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 Room | Main | |
| Kitchen | Main | |
| Living Room | Main | |
| Office | Main | |
| Bedroom 2 | Main | |
| Bedroom 3 | Main | |
| Bedroom 4 | Main | |
| Bedroom 5 | Main | |
| Master Bedroom | Main | |
- 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
$7,112,577 (82.9% more than this home).
This home is priced at $630/sqft,
which is 58.7% 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
(602) 410-3060 and speak with one of our real estate consultants.
Popular Homes
$604,896
$496,950
270
0.4%
48.1%
77
$685,163
$629,950
82
1.2%
47.6%
73
$732,541
$624,990
715
0.1%
48.5%
58
$7,522,981
$5,147,500
60
0.0%
38.3%
88
$2,037,714
$1,945,000
14
0.0%
35.7%
108
$858,912
$656,000
920
0.3%
47.5%
61
$555,421
$480,000
755
0.3%
52.7%
71
$742,959
$519,995
279
0.0%
52.0%
102
$1,442,489
$782,000
18
0.0%
50.0%
51
$1,982,500
$1,880,000
4
0.0%
75.0%
170
$637,211
$529,000
1581
0.3%
49.5%
67
$974,003
$675,000
37
0.0%
32.4%
43
$692,269
$599,000
967
0.2%
48.9%
72
$823,628
$559,000
3536
0.7%
47.2%
69
$644,300
$555,500
74
0.0%
41.9%
51
$2,411,776
$1,599,999
1910
0.3%
43.5%
91
$1,452,037
$1,420,000
24
0.0%
29.2%
43
$714,657
$599,000
245
0.4%
44.1%
61
$532,562
$536,500
8
0.0%
75.0%
79
$2,570,146
$2,412,500
102
0.0%
40.2%
128
$934,138
$943,000
13
0.0%
61.5%
77
$580,169
$474,900
26
0.0%
38.5%
67
Listing Courtesy of The Ave Collective.
For information or to schedule a viewing of this property (MLS# 6816774), call: 602-410-3060
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 5539 N 68Th Pl in Paradise Valley is listed at $3,000,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and New Homes
in Paradise Valley, AZ.
Colonia Miramonte, Tatum Canyon and Village At Paradise Reserve are nearby neighborhoods.
MLS 6816774 has been posted on this site since 2/7/2025 (today).