$6,000,000
SOLD JUL 3, 2025
4 Beds
4 Baths
5,000 Sq Ft
7.94 Acres

Recently Sold

$1,200 Per Sq Ft

25% Below List Price

82 Days on Market

Highlights

  • Lap Pool
  • 7.94 Acre Lot
  • Outdoor Fireplace
  • Kiva Elementary School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of July 2025

Ever dreamed of owning your own Mountain? This once in a lifetime opportunity to own your own 8 acre, single level, 5,000 sqft mountain top retreat is now. Spanning 4 separate parcels in an exclusive gated community of only 5 homes with no HOA. This stately, 360 degree view property provides the ultimate view experience, eye level with Camelback Mountain, higher than Mummy Mountain and the Phoenix mountain preserve, higher then downtown phoenix skyscrapers; vistas include Paradise Valley Country Club and Golf Course, the Biltmore Golf Course, and spectacular City Lights. This gated estate is only minutes from Scottsdale Fashion square, World Class - Dining, Resorts, Golf, Night Life, Arts, Shopping, and Airports both Public & Private. Live on top of the world in this trophy property.

Last Agent to Sell the Property

Josh Peters

Realty ONE Group Brokerage Phone: 480-788-7556 License #SA640957000 Listed on: 03/15/2025

Realty ONE Group

Last Buyer's Agent

Josh Peters

Realty ONE Group Brokerage Phone: 480-788-7556 License #SA640957000 Listed on: 03/15/2025

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,470

Year Built

  • Built in 1974

Lot Details

  • 7.94 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Artificial Turf

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Lap Pool
  • Heated Spa

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Tax Lot G
  • Assessor Parcel Number 169-53-029-G

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,470

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 40th Street and Lincoln Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1974
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: Go North on 40th Street from Lincoln Drive to Lamar and turn right. Go East to the gate on the left and go up the driveway to the property at the top.
  • Attribution Contact: 480-788-7556
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 7.94
  • Subdivision Name: n/a
  • Property Attached Yn: No
  • Tax Parcel Letter: G
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 5000.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Natural Desert Back, Synthetic Grass Frnt, Synthetic Grass Back, Natural Desert Front
  • Pool Features: Lap
  • Pool Private: Yes
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 345736.0
  • Parcel #: 169-53-029-G

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 11470.0
  • Tax Book Number: 169.00
  • Tax Lot: G
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
Jul 2, 2025
Sold by
Riverhouse Family Trust and Werner Michael J
Bought by
Katz Jeffrey
Seller's Agent
Josh Peters
Realty ONE Group
Buyer's Agent
Josh Peters
Realty ONE Group
List Price
$7,999,888
Sold Price
$6,000,000
Premium/Discount to List
-$1,999,888
-25%
Views
174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-71.56%

Purchase Details

Closed on
Dec 31, 2024
Sold by
Werner Michael and Werner Denise
Bought by
Riverhouse Family Trust and Werner

Purchase Details

Closed on
Dec 19, 1997
Sold by
Willey Dorothy H
Bought by
Lewis John M and Lewis Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1997
Sold by
Korey Mel
Bought by
Lisherness Harley C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,000,000 Premier Title Agency
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $2,700,000 First American Title
Cash Sale Deed $850,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,000,000 New Conventional
Previous Owner $1,700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $6,000,000 -7.7% $1,200 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
05/30/2025 05/30/25 Price Changed $6,500,000 -18.7% $1,300 / Sq Ft
03/15/2025 03/15/25 For Sale $7,999,888 -- $1,600 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $11,470 $205,323 -- --
2024 $11,304 $195,546 -- --
2023 $11,304 $247,340 $32,780 $214,560
2022 $10,819 $185,890 $24,640 $161,250
2021 $11,539 $168,920 $21,990 $146,930
2020 $12,042 $168,620 $21,130 $147,490
2019 $11,859 $170,600 $21,380 $149,220
2018 $11,396 $165,160 $20,700 $144,460
2017 $10,925 $163,830 $20,530 $143,300
2016 $10,684 $141,610 $17,750 $123,860
2015 $10,641 $141,610 $17,750 $123,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6836020

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-53-029G