#6834204, Joshua A Peters, Listing Office: Realty ONE Group
#6830706·
Listing office: Walt Danley Local Luxury Christie's International Real Estate·
Listing agent: Katrina Barrett·
Listing office phone: 520-403-5270
$5,000,000 List price
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
ViewCity Lights, Mountain(s)
Summary
- View: City Lights, Mountain(s)
- List Price: $5,000,000
- HOA Amount: $1500 Annually
- Lot: Cul-De-Sac
- Lot Size: 2.25 Acres
- 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
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: 6/1/2025, 8:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,000,000
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.
Neighborhood
The neighbors living near this home have an average income of $118,056. Residents of Paradise Valley, AZ typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area 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/LPGA
Skiing/snowboarding
Men's Tennis
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Nordstrom Rack
Where do the neighbors go to eat?
Cracker Barrel
Panera
Bob Evans
What do the neighbors drive?
Lexus
Infiniti
Lincoln
What do the neighbors listen to?
Oldies
Adult Hits
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7266 N 40th St Unit 5
The listing price of 7266 N 40th St Unit 5 property is $5,000,000.
The property 7266 N 40th St Unit 5 is land located in Paradise Valley, Arizona, 85253.
Active Listing: 7266 N 40th St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7266 N 40th St Unit 5 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), Shea Middle School (GreatSchools Rating 3/10), Villa Montessori - Phoenix Campus (GreatSchools Rating 9/10), Accelerated Learning Center (GreatSchools Rating 5/10), Shadow Mountain High School (GreatSchools Rating 5/10), Camelback High School (GreatSchools Rating 2/10).
The property 7266 N 40th St Unit 5 is 2.25 acres.
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 $5,000,000.
Over 4 listings were sold over their listed price in April 2025 in Paradise Valley, AZ. In the same period over 33 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Paradise Valley, AZ between March and April 2025 increased by 0.6%. The median list price of listings available in April 2025 was $3,550,000, while the average time on the real estate market was 82 days.
From Rocket Homes Real Estate and based on county public records data.