7265 N 40TH Street 4, Paradise Valley, AZ 85253

$4,000,000
Property Type: Land Lot Size (sq. ft.): 235,573 Status: Closed
Current Price: $4,000,000 List Date: 4/25/2023 Last Modified: 5/04/2025

Description

Amethyst is the crown jewel of Crown Canyon located at the highest point of the gated Crown Canyon community. This private 5+ acre homesite awaits an architectural masterpiece to capture the most prolific views of Camelback Mountain and downtown city lights. Premier Paradise Valley homebuilder BedBrock Developers, with award-winning in-house architect Stratton Andrews, is prepared to fully design and build your custom dream home on this impressive mountain hillside. To inspire you further, Andrews designed this 18,000-square-foot showcase estate to demonstrate the endless possibilities within the homesite.

More Information MLS# 6548390

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $4,000,000 Sold Price: $4,000,000 Status: Closed List Date: 2023-04-21

Location, Tax & Legal

Lot #: 4 Assessor's Map #: 2 Legal Description (Abbrev): LOT 4 WHISPERING CANYON AMD MCR 023727 Assessor's Parcel #: 19 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 105102 Taxes: 17438 Marketing Name: Crown Canyon Amethyst Map Code/Grid: N35 House Number: 7265 Compass: N Street Name: 40TH St Suffix: Street City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 2814 County Code: Maricopa Assessor Number: 164-02-019 Subdivision: CROWN CANYON FOR WHISPERING CANYON AMD Tax Year: 2022

General Property Description

Apx Total Acres: 5.41 Apx Total Acres G/N: G Price Per Acre: 831792.98 # Lots in Listing: 1 Apx SqFt: 235573 Price Per SqFt: 19.1 Apx SqFt G/N: G Lot Size Dimensions: Irr Horses: N 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 Zoning: RE-43

Legal Info

Range: 3E Section: 1 Township: 2N Lot Number: 4

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 4500000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: Y HOA Transfer Fee: 0 HOA Fee: 1500 HOA Paid (Freq): Annually HOA Name: Crown Canyon HOA Telephone: 480-287-2130 PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Parcel Size

5.00 - 9.99 Acres: 1

Land Features

Cul-De-Sac: 1 Corner Lot: 1 Gated Community: 1

View

City Lights: 1 Mountain(s): 1

Vegetation

Natural Vegetation: 1 High Desert: 1

Land Configuration

Irregular Shape: 1

Road Surface Type

Asphalt: 1

Road Responsibility

Private Maintained Road: 1

Water Source

City Franchise: 1

Sewer

Septic Tank: 1

Electric

APS: 1

Topography

Hillside: 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

Call Listing Office: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

Call Listing Office: 1

Distance to Water

Call Listing Office: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

Call Listing Office: 1

Distance to Gas

Call Listing Office: 1

Distance to Sewer

Call Listing Office: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Lincoln Dr. and 40th St. Directions: From Lincoln Dr. turn North on 40th Street and drive to the end where you see the gate to Crown Canyon. Parcel is at the end of the cul-de-sac. Geo Lat: 33.54368 Geo Lon: -111.998003

Status Change Info

Off Market Date: 2023-06-09 Under Contract Date: 2023-04-21 Close of Escrow Date: 2023-06-09 Sold Price: $4,000,000

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Parcel Size: 5.00 - 9.99 Acres Land Features: Cul-De-Sac; Corner Lot; Gated Community View: City Lights; Mountain(s) Vegetation: Natural Vegetation; High Desert Land Configuration: Irregular Shape Road Surface Type: Asphalt Road Responsibility: Private Maintained Road Topography: Hillside Existing Structures: None Water Source: City Franchise Sewer: Septic Tank Electric: APS Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None Lockbox Type: None
Listing Office: Bedbrock Real Estate Company
IDX
Last Updated: May - 04 - 2025
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