$24,888,888
$1M PRICE DROP

5901 E Edward Ln Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated payment $143,341/month

Total Views 4,907
7 Beds
13 Baths
15,374 Sq Ft
$1,619 Price per Sq Ft

Highlights

  • Hot Property
  • Guest House
  • Heated Lap Pool
  • Kiva Elementary School Rated A
  • Tennis Courts
  • Gated Parking

About This Home

Newly Completed, 2.5 acre custom built gated estate with expansive Mountain Views in one of the most expensive neighborhoods in the state of Arizona. This stately estate, Constructed with Block, Steel, and wood - exudes quality built - inside and out. 2.5 ACRE ESTATE: 7 Bedrooms + 13 BathroomsMAIN HOUSE: 5 Bedrooms + 10 Bathrooms + 2 Offices GUEST HOUSE: 2 Bedrooms + 2 BathroomsPOOL HOUSE: 1 Changing Room + 1 BathroomFeaturing world-class amenities: 11-Car Motor Court | Show Garage | Tennis Court | Basketball Court | Wellness Center | Gym | Steam Room | Sauna | Golf | Trampoline | Tree House | Playground | Athletic Field | Gardens | Mosaic Tile Pool | Hot Tub | Wine Cellar | Bar | 4 Kitchens | Media Room | Game Room | Mature Landscaping | Security | Privacy | & more

Listing Agent

Josh Peters

Realty ONE Group Brokerage Phone: 480-788-7556 License #SA640957000

Realty ONE Group

Co-Listing Agent

Monroe Zuber

Realty ONE Group Brokerage Phone: 480-788-7556 License #SA678963000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,106

Year Built

  • Built in 2007

Lot Details

  • 2.54 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 11 Car Garage
  • 20 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Gated Parking

Home Design

  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 15,374 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Tinted Windows
  • Roller Shields
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 13 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Lap Pool
  • Heated Spa
  • Diving Board

Outdoor Features

  • Tennis Courts
  • Balcony
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Additional Homes

  • Guest House

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 169-42-004

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Mountain Shadows Custom Homes
  • Tilyou Ranchito Lot 7 14 Subdivision

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,106

Year Built

Built in 2007

Lot Details

0

Parking

11

Listing Details

  • Cross Street: Lincoln Drive and 59th Place
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 20.0
  • Parking Spaces Total Covered Spaces: 11.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: Go South on 59th Place from Lincoln Drive and then West on Edward Lane to the property in the cul-de-sac.
  • Attribution Contact: 480-788-7556
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.54
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: TILYOU RANCHITO LOT 7-14
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Other Equipment: Intercom
  • Possible Bedrooms: 10
  • Total Bedrooms: 7
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Central Vacuum, Roller Shields, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home
  • Living Area: 15374.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, ENERGY STAR Qualified Windows, Mechanical Sun Shds, Tinted Windows, Wood Frames
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Playground, Misting System, Private Yard, Sport Court(s), Storage, Tennis Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Heated, Lap, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Stucco, Painted, Stone, Block
  • Other Structures: Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Other
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Sport Court(s): Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 11.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area, Temp Controlled, Gated, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 11.0
  • Open Parking Spaces: 20.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks)
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 110773.0
  • Parcel #: 169-42-004
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Mountain Shadows Custom Homes

Tax Info

  • Tax Annual Amount: 53106.0
  • Tax Book Number: 169.00
  • Tax Lot: 4
  • Tax Map Number: 42.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $53,857 $926,341 -- --
2024 $53,106 $882,230 -- --
2023 $53,106 $1,017,200 $203,440 $813,760
2022 $50,918 $819,650 $163,930 $655,720
2021 $54,166 $776,450 $155,290 $621,160
2020 $53,816 $762,520 $152,500 $610,020
2019 $51,936 $691,250 $138,250 $553,000
2018 $53,525 $704,400 $140,880 $563,520
2017 $51,861 $706,810 $141,360 $565,450
2016 $50,764 $644,610 $128,920 $515,690
2015 $50,102 $638,700 $127,740 $510,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $24,888,888 -3.9% $1,619 / Sq Ft
04/01/2025 04/01/25 For Sale $25,888,888 +23.4% $1,684 / Sq Ft
08/28/2024 08/28/24 Sold $20,975,000 +4.9% $1,434 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $20,000,000 +56.9% $1,368 / Sq Ft
01/20/2017 01/20/17 Sold $12,750,000 -5.6% $901 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $13,500,000 -- $954 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $20,975,000 Premier Title Agency
Warranty Deed -- Wfg National Title Ins Co
Warranty Deed -- None Available
Warranty Deed $12,750,000 Stewart Title Arizona Agency
Warranty Deed -- None Available
Warranty Deed $2,125,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $8,000,000 Construction
Previous Owner $5,934,000 New Conventional
Previous Owner $6,000,000 Credit Line Revolving
Previous Owner $6,000,000 New Conventional
Previous Owner $7,000,000 New Conventional
Previous Owner $5,000,000 Unknown
Previous Owner $4,500,000 Construction
Previous Owner $1,700,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6843189

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-42-004

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

5901 E Edward Ln, Paradise Valley, AZ

Homes for Sale in Paradise Valley, AZ

This home is located at 5901 E Edward Ln, Paradise Valley, AZ 85253 and is currently priced at $24,888,888, approximately $1,618 per square foot. This property was built in 2007. 5901 E Edward Ln is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Listing Agent
Josh Peters
Section Image
Realty ONE Group
(480) 470-1538