5021 E Arabian Way $12,950,000

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    5021 E Arabian Way Paradise Valley, AZ 85253

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    $12,950,000

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    • 6 Beds
    • 9 Baths
    • 16,083 sq. ft.
    • Single Family
    • MLS# 5826956
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    Views: 2260 Days On Site: 849

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    Property Details

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    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, stately office/library, private bar, wine cellar, media room, large master suite with fireplace, his and hers separate bathrooms & expansive walk-in closets, exercise room, specific pets room and much more. The beautiful outdoor areas invite relaxation and recreation with vast shaded patios, sparkling pool, tranquil green lawns, lovely pond with water feature and a detached guest house. In addition, the avid car collector will enjoy the auto courtyard with lounge, various sized garages and state of the art show rooms for the perfect display of the ultimate collection. A true opportunity to acquire one of the top trophy estates in Paradise Valley, AZ.

    • 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 Fee1 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. Bath Roll-In Shower,Zero-Grade Entry
      • 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 Ceiling Fan(s),Refrigeration
      • Energy Features Multi-Zones
      • Features Central Vacuum,Drink Wtr Filter Sys,Elevator,Fire Sprinklers,Physcl Chlgd (SRmks),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 220 V Dryer Hookup,Dryer Included,Gas Dryer Hookup,Inside Laundry,Washer Included
      • Roofing Tile
      • Unit Style All on One Level
    • Room Features
      • Master Bathroom Bidet,Double Sinks,Full Bth Master Bdrm,Separate Shwr & Tub,Tub with Jets
      • Additional Bedroom Mstr Bdr Walkin Clst,Othr Bdr Walkin Clst
      • Dining Area Breakfast Bar,Breakfast Room,Eat-in Kitchen,Formal
      • Kitchen Features Built-in Microwave,Cook Top Gas,Dishwasher,Disposal,Granite Countertops,Kitchen Island,Multiple Ovens,Pantry,Range/Oven Elec,Range/Oven Gas,Refrigerator,Walk-in Pantry,Wall Oven(s)
    • 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 Auto Timer H2O Back,Grass Back,Grass Front,Yrd Wtring Sys Back,Yrd Wtring Sys Front
      • Parking Spaces: Garage Spaces 30.00
      • Exterior Features Built-in BBQ,Circular Drive,Covered Patio(s),Patio,Pvt Yrd(s)/Crtyrd(s),Separate Guest House,Storage Shed(s)
      • Fencing Block,Wrought Iron
      • Parking Attch'd Gar Cabinets,Detached,Dir Entry frm Garage,Electric Door Opener,Extnded Lngth Garage,Gated Parking,Golf Cart Garage,Over Height Garage,Rear Vehicle Entry,RV Garage,RV Gate,RV Parking,Separate Strge Area,Side Vehicle Entry,Temp Controlled
      • 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 & 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

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    Neighborhood

    85253 (Paradise Valley) Demographics

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

    Market Last 30 Days In This Postal Code

    $2,012,500 Median Sales Price
    56 Homes Sold
    53 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        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 New Value: $12,950,000

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        About

        Matt Rivera

        Matt Rivera Regional Mortgage Manager

        Matt Rivera – Regional Mortgage Manager, Long Mortgage

        Matt Rivera has more than 18 years of experience in the lending industry. He has experience in a wide variety of positions vital to the originating, funding and eventual sale of residential mortgages.  Matt currently manages a team of Mortgage Consultants, Processors and Closer in multiple states. Matt is a native Tucsonan and a graduate of the University of Arizona’s Eller College of Management with a major in Finance.  

        Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 1/25/2021 8:26:22 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.