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$15,950,000

7236 N 40th St Unit 8 Paradise Valley, AZ 85253

5 beds
6 baths
8,320 sqft
1.6 acres
$1,917 / sqft
House

Property details

About 7236 N 40th St Unit 8

Discover the Turquoise residence in Crown Canyon, Arizona's most exclusive gated community. Perched on the hillside, the beauty and overall experience of Turquoise is paramount. Designed by Swaback Architects, the home seamlessly integrates with the breathtaking desert landscape. As you approach, you are greeted by a captivating waterfall entry that cascades from a striking 70-foot infinity pool, setting the tone for the elegance that awaits. The moment you step inside, the distant view draws your gaze through an open-concept kitchen and living area, which serves as the central point of the home. The primary suite is split from 3 en-suite bedrooms for ultimate privacy. Floor-to-ceiling windows throughout blur the line between indoor and outdoor living. Descend to the lower level, where the residence transforms into an entertainment haven. Here, a state-of-the-art theatre room, game room with an indoor-outdoor bar, golf simulator and gym make up a majority of the lower level space adjacent to the decadent guest suite and 5 car garage. We welcome you to experience this one-of-a-kind residence! Crown Canyon is 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
CoolingCentral Air, Ceiling Fan(s)
Size8,320 sqft
Lot size1.57 Acres
Year builtNew Const., 2027
ParkingGarage Door Opener
MLS #6813778
Garage5 spaces
Fireplace2 Fireplace, Living Room, Master Bedroom
ViewMountain(s)

Summary

  • Flooring Type: Tile, Wood
  • Interior: Double Vanity, Eat-in Kitchen, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: 2 Fireplace, Living Room, Master Bedroom
  • Total Bedroom Count: 5
  • Garage Space: 5 spaces
  • Parking: Garage Door Opener
  • View: Mountain(s)
  • Exterior: Balcony, Built-in Barbecue
  • Architectural Style: Contemporary
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $15,950,000
  • Price/SqFt: $1,917
  • HOA Amount: $1500 Annually
  • Lot: Desert Back, Desert Front
  • Year Built: 2027
  • Stories: 2
  • Living Area: 8,320 SqFt
  • Lot Size: 1.57 Acres
  • MLS Number: 6813778
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Walt Danley Local Luxury Christie's International Real Estate
  • Office Phone: (520) 403-5270
  • Listing Agent: Katrina Barrett

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: 7/16/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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

2.0 mi

7150 N 22nd St

8

Mercury Mine Elementary School

Public District PK-6

2.4 mi

9640 N 28th St

10

Cherokee Elementary School

Public District EE-5

2.8 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. Typical income of Paradise Valley, AZ residents is between $35k-100k annually. The most common type of family is married, no kids. 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

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Frequently asked questions

About 7236 N 40th St Unit 8

The listing price of 7236 N 40th St Unit 8 property is $15,950,000.

The property 7236 N 40th St Unit 8 is a house located in Paradise Valley, Arizona, 85253.

Active Listing: 7236 N 40th St Unit 8 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7236 N 40th St Unit 8 are: Madison Heights Elementary School (GreatSchools Rating 6/10), Mercury Mine Elementary School (GreatSchools Rating 8/10), Cherokee Elementary School (GreatSchools Rating 10/10), Biltmore Preparatory Academy (GreatSchools Rating 5/10), Villa Montessori - Phoenix Campus (GreatSchools Rating 9/10), Shea Middle School (GreatSchools Rating 3/10), Accelerated Learning Center (GreatSchools Rating 5/10), Shadow Mountain High School (GreatSchools Rating 5/10), Camelback High School (GreatSchools Rating 2/10).

The property at 7236 N 40th St Unit 8 has 5 bedrooms and 6 bathrooms.

The property 7236 N 40th St Unit 8 is 8,320 SqFt (source: MLS/tax record).

The year of construction for 7236 N 40th St Unit 8 is 2027.

This home is located at 7236 N 40th St Unit 8 in Paradise Valley, AZ and zip code 85016 in the Camelback East neighborhood. This 8,320 square foot home, which was built in 2027, sits on a 1.57 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $15,950,000.

While more than 1 listings in Paradise Valley, AZ in June 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 23 were sold below. The number of homes for sale in Paradise Valley, AZ decreased by 2.4% between May and June 2025. In June 2025, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $3,550,000.

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

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