Consider the numbers when evaluating this prime Paradise Valley property. With over one acre, comparable lots in the area typically sell for $2.75 to $3 million. Now, ask yourself: could you replace nearly 5,300 square feet of quality block construction for just $700,000 to $900,000? Factor in landscaping with mature trees, the cost of concrete, architectural fees, builder and designer costs, cabinets, pool and hot tub, countertops, fixtures, and a new roof. This home is priced $2 million below replacement value! Originally built by renowned builder Gary Gietz, this exceptional estate sits on a prime one-acre lot and offers a well-designed floor plan with impeccable attention to detail. With 5 ensuite bedrooms, 6 baths, a guest house, and a 4-car garage, this home has everything you need.
Supplements: Consider the numbers when evaluating this prime Paradise Valley property. With over one acre, comparable lots in the area typically sell for $2.75 to $3 million. Now, ask yourself: Could you replace nearly 5,300 square feet of quality block construction for just $700,000 to $900,000? Factor in landscaping with mature trees, concrete, architectural fees, builder and designer costs, cabinets, countertops, fixtures, and a new roof. This home is priced over $1 million below replacement value!
The chef's kitchen, equipped with Subzero and other high-end appliances, offers abundant counter space and connects seamlessly to a welcoming family room centered around one of the home's three striking stone fireplaces. The luxurious primary bedroom offers stunning pool views, a multi-head shower, and two spacious closets.
This home's layout is perfect for intimate gatherings or large-scale entertaining. Outdoor features include built-in BBQ facilities, expansive covered patios, a sparkling pool, and a hot tub, capturing the essence of Arizona living. With a new roof installed in 2021, the home provides both beauty and peace of mind.
More Information MLS# 6752821
Contract Information
Status Change Date: 2024-10-12Sold Price: $3,500,000Status: ClosedCurrent Price: $3,500,000List Date: 2024-09-04Type: EROwnership: Fee SimpleCo-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 7010Compass: EStreet Name: AVENIDA EL ALBASt Suffix: --City/Town Code: Paradise ValleyState/Province: AZZip Code: 85253Zip4: 4805Country: USACounty Code: MaricopaAssessor Number: 174-48-037Subdivision: VIEWS AT CHENEYTax Year: 2023
General Property Description
Dwelling Type: Single Family - DetachedDwelling Styles: DetachedExterior Stories: 1# of Interior Levels: 1# Bedrooms: 5# Bathrooms: 6Approx SQFT: 5287Price/SqFt: 662Guest House SqFt: 694Horses: NBuilder Name: MDF DevelopmentYear Built: 1996Approx Lot SqFt: 48787Approx Lot Acres: 1.12Pool: Private OnlyElementary School District: Scottsdale Unified DistrictHigh School District: Scottsdale Unified DistrictElementary School: Kiva Elementary SchoolJr. High School: Mohave Middle SchoolHigh School: Saguaro High School
Remarks Misc
Cross Street: Scottsdale Road and East Cheney DriveDirections: From Scottsdale Road, drive West on Cheney Drive. Turn South at stop sign at N. 70th Street. Turn East at Avenida el Alba and proceed to the end of the cul-de-sac.Geo Lat: 33.545557Geo Lon: -111.92892
Status Change Info
Off Market Date: 2024-10-12Under Contract Date: 2024-09-12Close of Escrow Date: 2024-10-11Sold Price: $3,500,000
Special Listing Cond: Owner/AgentArchitecture: Santa Barbara/TuscanMaster Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room; Tub with JetsMaster Bedroom: SplitAdditional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in ClosetFireplace: 3+ Fireplace; Fireplace Family Rm; Fireplace Living Rm; Fireplace Master Bdr; Gas FireplaceFlooring: Carpet; Stone; Tile; WoodWindows: Dual PanePool Features: PrivateSpa: Private; HeatedDining Area: Formal; Eat-in Kitchen; Breakfast RoomKitchen Features: Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Multiple Ovens; Walk-in Pantry; Granite Countertops; Kitchen IslandLaundry: Washer Included; Dryer Included; InsideOther Rooms: Family Room; Guest Qtrs-Sep EntrnFeatures: 9+ Flat Ceilings; No Interior StepsTechnology: Cable TV Avail; High Speed Internet AvailableExterior Features: Built-in BBQ; Covered Patio(s); Separate Guest HouseParking Features: Electric Door OpenerConstruction: BlockConst - Finish: Painted; StuccoRoofing: TileCooling: Refrigeration; Ceiling Fan(s); Programmable ThmstatHeating: Natural GasUtilities: APS; SW GasWater: City WaterSewer: Sewer - PublicServices: City ServicesFencing: BlockProperty Description: Cul-De-Sac Lot; North/South ExposureLandscaping: Gravel/Stone Back; Desert Front; Desert Back; Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O BackShowing Notification Methods: Text; Email; Phone CallLockbox Type: Mech-box / ComboPossession: By Agreement; Close of EscrowAssociation Fee Incl: No FeesExisting 1st Loan: Treat as Free&ClearNew Financing: Cash; ConventionalDisclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Compass
Last Updated: October - 12 - 2024
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