7140 N 40TH Street 12, Paradise Valley, AZ 85253 - MLS #6672341

images$16,852,600 images4 Beds

images6 Bath images8,132 sqft images2025

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Description

JUST COMPLETED, MOVE-IN READY! Discover unparalleled privacy and serenity with the Jade residence in Crown Canyon, Arizona's most exclusive gated community under development by renowned builder BedBrock Developers. This award-winning ultra luxury home with architect CP Drewett and interior designer Mara Green is a true masterpiece. Its distinctive Frank Lloyd Wright inspired triangular form features primary living on the main level with soaring 19-foot ceilings that ascend to an impressive 24 feet encapsulated in glass. A grand staircase, or elevator for ease, takes you to the lower level with two secondary en-suite bedrooms, an oversized game/family room complete with a bar, and a separate fitness room. A detached casita perched above the four-car garage rests seamlessly on the hillside

Supplements: offering a private retreat for guest. Sprawling outdoor decks, fireplaces and an outdoor kitchen surround the infinity pool and spa capturing 250 degree views of the raw desert landscape. This one-of-a-kind home is customized with premium materials and appliances, showcasing dramatic steel beams and meticulous attention to detail throughout. Discover the exquisite allure of Crown Canyon, a secluded and untouched 30-acre enclave in the prestigious community of Paradise Valley. Nestled within a breathtaking mountain preserve, this is home to 12 exceptional luxury residences. Meticulously designed by renowned architects, these one-of-a-kind homes embrace the natural beauty of the surroundings, maximizing the captivating views and unique topography of each homesite. Experience tranquility, seclusion, and utmost security within this gated haven, ensuring unparalleled peace of mind.

Property Features
Special Listing Cond: N/A
Architecture: Contemporary
View: Mountain(s)
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room
Master Bedroom: Split
Additional Bedroom: Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet; Master Bedroom Sitting Room
Fireplace Features: Fireplace Living Rm; Fireplace Master Bdr; Exterior Fireplace; Fire Pit
Flooring: Tile; Other
Window Features: Dual Pane
Private Pool Features: Variable Speed Pump
Spa: Private; Heated
Community Features: Gated
Dining Area: Eat-in Kitchen; Dining in LR/GR
Kitchen Features: Range/Oven Elec; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Kitchen Island
Laundry: Washer Included; Dryer Included; Washer Hookup
Other Rooms: Great Room; Bonus/Game Room; Guest Qtrs-Sep Entrn; Exercise/Sauna Room; Media Room
Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Wet Bar; Fire Sprinkler System; Elevator; Water Softener Owned
Technology: Pre-Wire Srnd Snd; High Speed Internet; Security System Owned; Smart Home
Exterior Features: Built-in BBQ; Covered Patio(s); Patio; Separate Guest House; Storage
Construction: Wood Frame; Steel Frame; Spray Foam Insulation
Const - Finish: Stucco; Stone
Construction Status: Under Construction
Roofing: Metal
Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat
Heating: Electric
Plumbing: Recirculation Pump
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Septic Tank
Fencing: None
Property Description: Hillside Lot
Landscaping: Desert Front; Desert Back; Natural Desert Front; Natural Desert Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back; Irrigation Front; Irrigation Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Unit Style: Two Levels
Association Fee Incl: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Agency Discl Req; Other (See Remarks)
Contract Information
Sold Price: $16,852,600
Status: Closed
Current Price: $16,852,600
List Date: 2024-03-04
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 7140
Compass: N
Street Name: 40TH
St Suffix: Street
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 2863
County Code: Maricopa
Assessor Number: 164-02-027
Subdivision: CROWN CANYON
Tax Year: 2023
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 4
Total Bathrooms: 6
Approx SQFT: 8132
Price/SqFt: 2072.38
Horses: N
Builder Name: BedBrock Developers
Year Built: 2025
Approx Lot SqFt: 119972
Approx Lot Acres: 2.754
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: Yes
Fireplaces Total: 2
Planned Comm Name: Crown Canyon
Marketing Name: Crown Canyon Jade
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Biltmore Preparatory Academy
Jr. High School: Ingleside Middle School
High School: Camelback High School
Remarks Misc
Cross Street: 40th St & Lincoln Dr
Directions: North on 40th St, take the road to the end where you reach the gate of Crown Canyon.
Geo Lat: 33.541186
Geo Lon: -111.996521
Status Change Info
Off Market Date: 2025-04-17
Under Contract Date: 2025-03-26
Close of Escrow Date: 2025-05-28
Sold Price: $16,852,600
Legal Info
Township: 2N
Range: 3E
Section: 1
Lot Number: 12
Architect
Architect: Drewett Works
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 4
Slab Parking Spaces: 2
Total Covered Spaces: 4
Cooling
HVAC SEER Rating: 16
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Conventional
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 406600
Seller Concession $/%: $