5021 E Arabian Way $12,950,000

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    5021 E Arabian Way Paradise Valley, AZ 85253

    • 6 Beds
    • 9 Baths
    • 16,083 sq.ft.
    • Single Family
    MLS# 5826956 | Active
    Days On Market: 326 20 Views
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    Property Details

    Timeless Classic Elegant Masterpiece! Surround yourself in complete tranquility and luxury on almost 5 spectacular acres enveloped by mountains, lush grounds and magnificent gardens. This prestigious residence has been masterfully remodeled to be one of the finest estates in Paradise Valley. With over 16,000 square feet comprising 6 bedrooms and 9 bathrooms, this exquisite home boasts a stunning grand entrance, soaring uniquely decorated ceilings, large scale rooms with finest architectural features including sophisticated finishes throughout with details sourced the world over and a floorplan that is formal, yet creates a comfortable and inviting ambience. Other luxury amenities include; formal living and dining rooms, family style great room and open chef's kitchen,

    • General Features
      • Assessor Book # 168.00
      • Assessor Map # 33.00
      • Assessor Number 168-33-011
      • Assessor Parcel # 11.00
      • Association & Fees: Cap Improvement Impact Fee 0
      • Association & Fees: HOA Y/N N
      • Association & Fees: Land Lease Fee 0.00
      • Association & Fees: Land Lease Fee Y/N N
      • Association & Fees: PAD Fee Period 0.00
      • Association & Fees: PAD Fee Y/N N
      • Association & Fees: Rec Center Fee Y/N N
      • Association & Fees: Title Monthly Fee Equivalent 0.00
      • Association Fee Includes No Fees
      • Association Rules Not Managed
      • Bathrooms 9.00
      • Bedrooms 6
      • County Maricopa
      • Covered Parking Spcs 30.00
      • Cross Street Martingale & Doubletree.
      • Directions North on Martingale to Arabian Way. West into cul-de-sac and property
      • Dwelling Type Single Family - Detached
      • List Date 2018-09-29
      • Marketing Name Martingale Farms
      • New Financing Cash, Conventional
      • Special Listing Conditions N/A
      • Subdivision Martingale Farms Unit 2
      • Tax Municipality Paradise Valley
      • Tax Year 2017
      • Taxes $32,088
      • Type ER
      • Uncvrd Parking Spcs 0.00
      • Year Built 1985
    • Building Features
      • Accessibility Feat. Zero-Grade Entry, Bath Roll-In Shower
      • Approx SqFt 16083.00
      • Approx SqFt Range 5001+
      • Basement Y/N Y
      • Bedrooms Plus 9.00
      • Const - Finish Painted, Stucco
      • Construction Block
      • Exterior Stories 1
      • Flooring Carpet, Stone, Tile, Wood
      • Number of Interior Levels 1
      • Other Rooms Bonus/Game Room, Exercise/Sauna Room, Family Room, Library-Blt-in Bkcse, Media Room, Separate Workshop
      • Technology 3+ Exist Tele Lines, Cable TV Avail, HighSpd Intrnt Aval, Pre-Wire Sat Dish, Pre-Wire Srnd Snd, Sat Dish Intrnt Ownd, Sat Dish TV Ownd
      • Builder Dave Hanson
      • Cooling Refrigeration
      • Energy Features Multi-Zones
      • Features Central Vacuum, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Skylight(s), Soft Water Loop, Vaulted Ceiling(s), Wet Bar(s)
      • Fireplace 3+ Fireplace, Fireplace Family Rm, Fireplace Living Rm, Fireplace Master Bdr, Gas Fireplace
      • Guest House SqFt 1120.00
      • Heating Electric Heat, Gas Heat
      • Laundry Dryer Included, Inside Laundry, Washer Included, Gas Dryer Hookup, 220 V Dryer Hookup
      • Roofing All Tile
      • Unit Style All on One Level
    • Room Features
      • Master Bathroom Bidet, Double Sinks, Full Bth Master Bdrm, Separate Shwr and Tub
      • Additional Bedroom Mstr Bdr Walkin Clst, Othr Bdr Walkin Clst
      • Dining Area Breakfast Bar, Breakfast Room, Eat-in Kitchen, Formal
      • Kitchen Features Disposal, Dishwasher, Refrigerator, Kitchen Island, Pantry
    • Property Features
      • Apx Lot Size Range 2 - 4.9 Acres
      • Approx Lot SqFt 193673.00
      • Dwelling Styles Detached
      • Ownership Fee Simple
      • Legal Info: Lot Number 1
      • Landscaping Yrd Wtring Sys Back, Yrd Wtring Sys Front, Grass Front, Grass Back, Auto Timer H2O Back
      • Parking Spaces: Garage Spaces 30.00
      • Exterior Features Circular Drive, Covered Patio(s), Patio, Pvt Yrd(s)/Crtyrd(s), Separate Guest House, Storage Shed(s), Built-in BBQ
      • Fencing Block, View/Wrought Iron
      • Parking Attch'd Gar Cabinets, Detached, Electric Door Opener, Extnded Lngth Garage, Golf Cart Garage, Over Height Garage, Rear Vehicle Entry, Separate Strge Area, Side Vehicle Entry, RV Gate, RV Parking, Gated Parking, RV Garage, Temp Controlled, Dir Entry frm Garage
      • Planned Community Name Martingale Farms
      • Pool Private Diving Pool, Heated Pool, Pool - Private
      • Property Description Cul-De-Sac Lot, Mountain View(s), North/South Exposure
      • Sewer Septic in and Cnctd
      • Spa None
      • Utilities APS, SW Gas
      • Water City Water, Well - Pvtly Owned
    • Schools
      • Elementary School Cherokee Elementary School
      • High School Chaparral High School
      • Middle School Mohave Middle School
      • School District 048 - Scottsdale Unified District

    Contact

    Laura Fox

    Associate Broker, REALTORĀ®

    Camelback Office

    Cell: 602-770-0854

    Neighborhood

    85253 (Paradise Valley) Demographics

    53Median Age
    971Population Density (per sq. mile)
    75%College Educated
    $129,375 Estimated Median Income
    6,152Estimated Total Home Owners
    1,091Estimated Total Renters
    85% / 15%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    17,461Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $1,555,000 Median Sales Price
    32 Homes Sold
    40 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $12,950,000
        9/29/2018 4:41:00 PM New in Database Source

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        Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 8/22/2019 8:58:19 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Berkshire Hathaway HomeServices Arizona Properties.