$24,888,888

5901 E Edward Ln Paradise Valley, AZ 85253

7 beds
13 baths
15,374 sqft
2.5 acres
$1,619 / sqft
House

Property details

About 5901 E Edward Ln

Newly Completed, 2.5 acre custom built gated estate with expansive Mountain Views in one of the most expensive neighborhoods in the state of Arizona. This stately estate, Constructed with Block, Steel, and wood - exudes quality built - inside and out. 2.5 ACRE ESTATE: 7 Bedrooms + 13 Bathrooms MAIN HOUSE: 5 Bedrooms + 10 Bathrooms + 2 Offices GUEST HOUSE: 2 Bedrooms + 2 Bathrooms POOL HOUSE: 1 Changing Room + 1 Bathroom Featuring world-class amenities: 11-Car Motor Court | Show Garage | Tennis Court | Basketball Court | Wellness Center | Gym | Steam Room | Sauna | Golf | Trampoline | Tree House | Playground | Athletic Field | Gardens | Mosaic Tile Pool | Hot Tub | Wine Cellar | Bar | 4 Kitchens | Media Room | Game Room | Mature Landscaping | Security | Privacy | & more

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size15,374 sqft
Lot size2.54 Acres
Year built2007
ParkingGated, Garage Door Opener, Extended Length Garage, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area, Temp Controlled, Electric Vehicle Charging Station(s)
MLS #6843189
Garage11 spaces
FireplaceFire Pit, 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
ViewMountain(s)
Private poolYes

Summary

  • Flooring Type: Stone, Tile, Wood
  • Interior: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Roller Shields, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Fireplace: Fire Pit, 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Total Bedroom Count: 7
  • Garage Space: 11 spaces
  • Private Pool: Yes
  • Parking: Gated, Garage Door Opener, Extended Length Garage, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area, Temp Controlled, Electric Vehicle Charging Station(s)
  • View: Mountain(s)
  • Exterior: Playground, Balcony, Misting System, Private Yard, Sport Court(s), Storage, Tennis Court(s), Built-in Barbecue
  • Heating: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $24,888,888
  • Price/SqFt: $1,618
  • Annual Tax Amount: $53,105
  • Tax Year: 2024
  • Lot: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front
  • Directions: Go South on 59th Place from Lincoln Drive and then West on Edward Lane to the property in the cul-de-sac.
  • Year Built: 2007
  • Stories: 1
  • Living Area: 15,374 SqFt
  • Lot Size: 2.54 Acres
  • MLS Number: 6843189
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Realty ONE Group
  • Listing Agent: Joshua A Peters, Monroe Peters

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 6:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5901 E Edward Ln, Paradise Valley, AZ 85253 - drone / aerial view

$24,888,888

5901 E Edward Ln

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Price information

Property sales

DateEventPrice
Aug 27, 2024
Home Sold
$20,975,000
Jan 20, 2017
Home Sold
$12,750,000
Feb 11, 2004
Home Sold
$2,125,000

Tax history

YearAssessmentProperty Tax
2024$1,322,580$53,105
2023$1,017,200$50,918
2022$819,650$54,166
2020$762,520$53,816
2019$691,250$53,525
2017$706,810$51,860

History based on county public records data.

Nearby schools

9

Kiva Elementary School

Public District PK-5

1.3 mi

6911 E McDonald Dr

9

Hopi Elementary School

Public District KG-5

2.3 mi

5110 E Lafayette Blvd

10

Cherokee Elementary School

Public District EE-5

2.6 mi

8801 N 56th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $123,958. The majority of Paradise Valley, AZ residents have income $200k+ annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
31%
35k-100k
17%
100k-200k
36%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
3%
Single, with Kids
50%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
8%
12-17 yrs old
6%
18-34 yrs old
46%
35-64 yrs old
33%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • PaneraPanera
  • Bob EvansBob Evans

What do the neighbors drive?

  • LexusLexus
  • InfinitiInfiniti
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 5901 E Edward Ln

The listing price of 5901 E Edward Ln property is $24,888,888.

The property 5901 E Edward Ln is a house located in Paradise Valley, Arizona, 85253.

Active Listing: 5901 E Edward Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5901 E Edward Ln are: Kiva Elementary School (GreatSchools Rating 9/10), Hopi Elementary School (GreatSchools Rating 9/10), Cherokee Elementary School (GreatSchools Rating 10/10), Echo Canyon School (GreatSchools Rating 5/10), Ingleside Middle School (GreatSchools Rating 6/10), Mohave Middle School (GreatSchools Rating 6/10), Saguaro High School (GreatSchools Rating 7/10), Arcadia High School (GreatSchools Rating 5/10), Great Hearts Academies - Archway Veritas (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $53,105 (source: MLS/based on county public records data).

The last sale was on August 27, 2024 for $20,975,000 (source: MLS/tax record).

The property at 5901 E Edward Ln has 7 bedrooms and 13 bathrooms.

The property 5901 E Edward Ln is 15,374 SqFt (source: MLS/tax record).

The year of construction for 5901 E Edward Ln is 2007.

This home is located at 5901 E Edward Ln in Paradise Valley, AZ and zip code 85253. This 15,374 square foot home, which was built in 2007, sits on a 2.54 acre lot. Features: 7 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $24,888,888.

Paradise Valley, AZ housing market in May 2025 saw over 0 listings sold above listed price, more than 5 sold at listed price and over 29 sold below. The number of homes for sale in Paradise Valley, AZ decreased by 2.6% between April and May 2025. In May 2025 median list price was $3,525,000 and the average listing age was 142 days.

From Rocket Homes Real Estate and based on county public records data.

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