7140 N 40th St Unit 12 Paradise Valley, AZ 85253

$16,895,000
4 beds
6 baths
8,132 sqft
2.8 acres
$2,078 / sqft
House

Property details

About 7140 N 40th St Unit 12

EARLY MARCH COMPLETION! 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.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCeiling Fan(s)
Size8,132 sqft
Lot size2.75 Acres
Year builtNew Const., 2025
MLS #6672341
Garage4 spaces
Fireplace2 Fireplace, Exterior Fireplace, Fire Pit, Living Room, Master Bedroom
ViewMountain(s)
Private poolYes

Summary

  • MLS Number: 6672341
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Bedbrock Real Estate Company
  • Office Phone: (602) 717-9366
  • Office Email: lenny@bedbrock.com
  • Listing Agent: Silje Garner, Nicole Meacham

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: 1/30/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house

$16,895,000

7140 N 40th St Unit 12

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

6

Madison Heights Elementary School

Public District PK-4

2.2 mi

7150 N 22nd St

8

Mercury Mine Elementary School

Public District PK-6

2.7 mi

9640 N 28th St

10

Cherokee Elementary School

Public District EE-5

2.7 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 $118,056. The majority of Paradise Valley, AZ residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

9%
<35k
33%
35k-100k
29%
100k-200k
29%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
2%
Single, with Kids
50%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
6%
18-34 yrs old
45%
35-64 yrs old
42%
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
  • Nordstrom RackNordstrom Rack

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 7140 N 40th St Unit 12

This home is located at 7140 N 40th St Unit 12 in Paradise Valley, AZ and zip code 85016 in the Camelback East neighborhood. This 8,132 square foot home, which was built in 2025, sits on a 2.75 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 8, 2024 and is currently priced at $16,895,000.

In December 2024 more than 3 listings in Paradise Valley, AZ were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 23 were sold below. The inventory of homes for sale in Paradise Valley, AZ between November and December 2024 increased by 2.7%. In December 2024 median list price was $3,250,000 and the average listing age was 93 days.

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

More resources