by Lee Lin

Check Availability
$6,495,000
↓ $500K (7.1%)
● House - For Sale

7347 N RED LEDGE Drive

Paradise Valley, AZ 85253
bedrooms
5 Beds
bathrooms
6 Baths
square feet
7,300 Ft²
$33,300
Est. Monthly
$475
HOA / Fees

About This Property

Set within the prestigious guard-gated enclave of Clearwater Hills, this exceptional estate has been completely transformed through a meticulous down-to-the-studs renovation, creating a residence that is both timeless and thoughtfully designed for modern luxurious living. The home captures extraordinary panoramic views of Camelback Mountain, Mummy Mountain, the Phoenix Mountain Preserve, and the glittering city skyline. Designed with an emphasis on seamless indoor-outdoor living, the massive great room features an impressive fireplace and dramatic 24-foot walls of glass that disappear completely opening to the resort-inspired outdoor living spaces that feature a heated pool and hot tub that perfectly showcase the spectacular mountain backdrop. (See More) The main-level primary suite is a special private retreat offering a fireplace, spa-inspired bath with a steam shower, private laundry, and a dedicated wellness studio ideal for yoga, fitness, or massage, and a serene garden offers an intimate outdoor escape, enhancing the suite's resort-like ambience. Designed for effortless entertaining, the residence features two fully appointed kitchens with the magnificent show kitchen serving as the centerpiece for gatherings, while the adjoining catering kitchen is fully equipped. You won't skip a beat with double refrigerator/freezers, a 60-inch Wolf gas range, a second gas range, three ovens, three dishwashers, an ice maker, and a 100-bottle wine refrigerator, allowing for seamless entertaining on every scale. The flexible floor plan includes five spacious ensuite bedrooms, five full baths, plus powder bath, and a four-car garage. In addition to that, the private upstairs guest residence offers its own exterior entrance, full kitchen, family room, bedroom, and laundry, providing exceptional accommodations for long-term guests, multi-generational living, or live-in staff. The state-of-the-art smart home features a Lutron lighting system and Sonos whole-home audio, and the designer finishes curated throughout the home are simply breathtaking. Every space reflects an uncompromising commitment to quality, comfort, and understated elegance. Located within one of Paradise Valley's most coveted guard-gated communities, this turnkey estate offers an extraordinary combination of privacy, sophistication, iconic views and an opportunity to experience Arizona luxury living at its finest!
Unit Size
7,300 Ft²
Days on Market
94 days
Land Size
0.75 acres
Price per sqft
$890
Property Type
House
Property Taxes
$933
HOA Dues
$475
Year Built
1967

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Last updated: 10 days ago (ARMLS #7062395)

Price History

Date / Event Date Event Price
Oct 31, 2026 Price Decreased $6,495,000
↓ $500K (7.2%)
Price Decreased
Sep 10, 2026 Price Decreased $6,995,000
↓ $300K (4.1%)
Price Decreased
Aug 4, 2026 Listed by Compass $7,295,000
Listed by Compass
Jun 10, 2024 No longer available -
No longer available
Jun 4, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Temp Controlled
Garage Spaces: 4
Open Parking Spaces: 6
Interior Details
Interior Features: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Other, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Walk-in Pantry, Quartz Countertops, 9+ Flat Ceilings, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
Flooring Type: Tile, Wood
Laundry Features: Inside, Other, Upstairs Laundry
Has Fireplace
Fireplace Features: Fire Pit, Family Room, Master Bedroom, Gas
Exterior Details
Square Footage: 7300
Square Footage Source: $0
Security Features: Fire Sprinkler System, Security System Owned, Security Guard
Property Condition: Complete Spec Home
Architectural Style: Contemporary
Year Built: 1967
Builder Name: Custom
Building Area Total: 7300
Building Area Units: Square Feet
Window Features: Dual Pane
Construction Materials: Spray Foam Insulation, Stucco, Wood Siding, Stone, Slump Block, Painted
Patio and Porch Features: Balcony, Private Yard, Built-in Barbecue
Pool Features: Heated, Variable Speed Pump
Pool is Private
Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, North/South Exposure, Hillside Lot, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Lot Size Area: 32500
Lot Size Units: Square Feet
Lot Size Acres: 0.75
Lot Size Square Feet: 32500
Tax Lot: 39
Water Source: Pvt Water Company
Financial Details
Tax Map Number: 16.00
Tax Annual Amount: $11,198
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Programmable Thmstat
Heating Type: Natural Gas
Sewer : Septic Tank, Septic in & Cnctd
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Street Maint
HOA/Condo/Coop Amenities: Management, Pets OK (See Remarks)
HOA Fee: $5,700
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 4
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 4
  • Patio Type: 55
  • Porch Type: 25
  • Pool Type: 8
  • Location Influence Type: 172

    Dimensions

  • Lot Size Square Feet: 32,500
  • Total Building Area: 6,382
  • Gross Building Area: 6,382
  • Building Area: 6,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 6,382
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEARWATER HILLS
  • Land Acres: 0000000746
  • Standard Land Use Code: 1001
  • County Land Use Code: 0161
  • State Land Use Code: 0161
  • Legal Description 1: CLEARWATER HILLS MCR 64/42

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 105103

Zoning

  • Zoning: R-43

Geography

  • Assessors Map Reference: 6442
  • Parcel: 169-16-039-A
  • Lot: 39
  • Meridian: SEC 6 TWN 2N RNG 4E
  • Latitude: 33.5458
  • Longitude: -111.991

    Address

  • Full Address: 7347 N Red Ledge Dr
  • Address - House Number: 7347
  • Street Direction: N
  • Address - Street Name: Red Ledge
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C013
  • 4-Digit Zip Code: 2881
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $920,066
  • Tax Rate Code Area: 480002

    Appraisal Valuation

  • Standard Deviation: 0.1088
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 2,768,560
  • High Value: 3,069,784
  • Low Value: 2,467,336

    Market Valuation

  • Market Total Value: $1,938,600
  • Market Land Value: $387,700
  • Market Improvement Value: $1,550,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,860
  • Assessed Land Value: $38,770
  • Assessed Improvements Value: $155,090

    Sales

  • Current Sale Contract Date: Sep 16, 2014
  • Current Sale Recording Date: Sep 18, 2014
  • Current Sale Price:
  • Current Sale Document Type: 15
  • Current Sale Input Document Number: 2014-0616013
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Paradise Valley


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Frequently Asked Questions

When was property at 7347 North Red Ledge Drive built and last sold?
The property at 7347 North Red Ledge Drive was built in 1967 and last sold on Sep 16, 2014 for $1,950,000.
How much is this home worth?
The estimated value of the home located at 7347 North Red Ledge Drive is $6,559,950.
What are some comparable homes to 7347 North Red Ledge Drive?
There are currently no comparable homes to 7347 North Red Ledge Drive.