$6,000,000

7266 N 40th St Unit 5 Paradise Valley, AZ 85253

2.3 acres
Land

Property details

About 7266 N 40th St Unit 5

Rarely does an opportunity like this come along-own a pristine 2.25-acre lot atop the highest peak in the prestigious Crown Canyon community, within the exclusive Paradise Valley enclave. Surrounded by a breathtaking mountain preserve and offering panoramic views of the desert landscape, this premier lot comes with plans for a luxurious 14,833 sqft estate designed by Stratton Architects and BedBrock Developers. Crown Canyon is an exclusive community home to only 12 extraordinary residences, each designed to take full advantage of the unique topography and the spectacular views. This lot offers a perfect canvas to build your dream home within a gated community that ensures complete privacy, tranquility, and security.

Highlights

Home typeOther
StatusActive
Lot size2.25 Acres
MLS #6830706

Summary

  • MLS Number: 6830706
  • 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: 3/12/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$6,000,000

7266 N 40th St Unit 5

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Price information

Property sales

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Tax history

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Nearby schools

6

Madison Heights Elementary School

Public District PK-4

2.1 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

2.7 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. Typical income of Paradise Valley, AZ residents is between $35k-100k annually. Typical family type 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 7266 N 40th St Unit 5

This home is located at 7266 N 40th St Unit 5 in Paradise Valley, AZ and zip code 85016 in the Camelback East neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $6,000,000.

In February 2025, from all listings sold in Paradise Valley, AZ there were more than 2 sold above asking price, over 30 sold below and more than 4 were sold right at the asked price. The number of listings in Paradise Valley, AZ increased by 14% between January and February 2025. The median list price of listings available in February 2025 was $3,412,500, while the average time on the real estate market was 74 days.

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

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