S
Seller's Agent in 2025
Silje Norbye
Bedbrock Real Estate Company
(602) 717-9366
3 in this area
8 Total Sales
7140 N 40th St Unit 12 Phoenix, AZ 85018
Camelback East Village Neighborhood
4
Beds
6
Baths
8,132
Sq Ft
2.75
Acres
Highlights
- Guest House
- Heated Spa
- 2.75 Acre Lot
- Phoenix Coding Academy Rated A
- Gated Community
- Mountain View
About This Home
As of May 2025JUST 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 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.
Last Agent to Sell the Property
Bedbrock Real Estate Company License #SA702756000 Listed on: 03/08/2024
Last Buyer's Agent
Bedbrock Real Estate Company License #SA702756000 Listed on: 03/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,161
Year Built
- Built in 2025 | Under Construction
Lot Details
- 2.75 Acre Lot
- Desert faces the front and back of the property
- Front and Back Yard Sprinklers
- Sprinklers on Timer
HOA Fees
- $125 Monthly HOA Fees
Parking
- 2 Open Parking Spaces
- 4 Car Garage
Home Design
- Designed by Drewett Works Architects
- Contemporary Architecture
- Wood Frame Construction
- Spray Foam Insulation
- Metal Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- 8,132 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- Living Room with Fireplace
- 2 Fireplaces
- Tile Flooring
- Mountain Views
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 6 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Home Security
- Security System Owned
- Smart Home
Pool
- Heated Spa
- Private Pool
- Pool Pump
Outdoor Features
- Covered Patio or Porch
- Outdoor Fireplace
- Fire Pit
- Outdoor Storage
- Built-In Barbecue
Additional Homes
- Guest House
Schools
- Biltmore Preparatory Academy Elementary School
- Ingleside Middle School
- Camelback High School
Utilities
- Central Air
- Heating Available
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 164-02-027
Community Details
Overview
- Association fees include (see remarks)
- Crown Canyon Association, Phone Number (480) 287-2130
- Built by BedBrock Developers
- Crown Canyon Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2024
Closed on
May 22, 2025
Sold by
Crown Canyon Lot 12 Llc
Bought by
Cameldale Residence Llc
Seller's Agent
Silje Norbye
Bedbrock Real Estate Company
Buyer's Agent
Silje Norbye
Bedbrock Real Estate Company
List Price
$16,895,000
Sold Price
$16,852,600
Premium/Discount to List
-$42,400
-0.25%
Views
431
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,225,148
Avg. Annual Appreciation
-85.49%
Original Mortgage
$10,000,000
Outstanding Balance
$9,931,232
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
-$303,780
Purchase Details
Closed on
Mar 26, 2021
Sold by
Crown Canyon Llc
Bought by
Cc Lot 12 Investors Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,585,000
Interest Rate
2.9%
Mortgage Type
Small Business Administration
Purchase Details
Closed on
Dec 31, 2014
Sold by
Whispering Canyon Residential Llc
Bought by
Crown Canyon Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $16,852,600 | Premier Title Agency | |
| Warranty Deed | $2,000,000 | Premier Title Agency | |
| Warranty Deed | $4,400,000 | Empire West Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000,000 | New Conventional | |
| Previous Owner | $5,000,000 | Construction | |
| Previous Owner | $3,585,000 | Small Business Administration | |
| Previous Owner | $5,000,000 | Construction | |
| Previous Owner | $775,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $16,852,600 | -0.3% | $2,072 / Sq Ft |
| 03/26/2025 03/26/25 | Pending | -- | -- | -- |
| 03/23/2025 03/23/25 | For Sale | $16,895,000 | +0.3% | $2,078 / Sq Ft |
| 03/19/2025 03/19/25 | Off Market | $16,852,600 | -- | -- |
| 01/18/2025 01/18/25 | Price Changed | $16,895,000 | 0.0% | $2,078 / Sq Ft |
| 01/18/2025 01/18/25 | For Sale | $16,895,000 | +0.3% | $2,078 / Sq Ft |
| 01/15/2025 01/15/25 | Off Market | $16,852,600 | -- | -- |
| 03/08/2024 03/08/24 | For Sale | $16,200,000 | -- | $1,992 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $23,328 | $179,430 | -- | -- |
| 2024 | $14,161 | $170,886 | -- | -- |
| 2023 | $14,161 | $151,635 | $151,635 | $0 |
| 2022 | $13,606 | $105,435 | $105,435 | $0 |
| 2021 | $13,937 | $119,325 | $119,325 | $0 |
| 2020 | $13,598 | $120,645 | $120,645 | $0 |
| 2019 | $13,502 | $109,035 | $109,035 | $0 |
| 2018 | $13,225 | $115,215 | $115,215 | $0 |
| 2017 | $12,714 | $104,610 | $104,610 | $0 |
| 2016 | $12,221 | $90,435 | $90,435 | $0 |
| 2015 | $12,128 | $93,776 | $93,776 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Silje Norbye
-
Nicole Hazelton
N
Seller Co-Listing Agent in 2025
Nicole Hazelton
Bedbrock Real Estate Company
(602) 206-1404
1 in this area
4 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6672341
APN: 164-02-027
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.
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
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