#6861220, Jill Yancey, Listing office: HomeSmart
#6863205·
Listing office: Realty ONE Group·
Listing agent: Joan A Levinson·
Listing office phone: 602-953-4000
$4,200,000 List price
8031 N 54th St Paradise Valley, AZ 85253
5 beds
5 baths
5,368 sqft
1.7 acres
$782 / sqft
House
Property details
About 8031 N 54th St
INCREDIBLE OPPORTUNITY - INCOME GENERATING! Currently in use as short term rental. A ''Guest Favorite'' w/ 4.88 stars! Can offset costs while designing and permitting your new home! Stretched over 1.72 acres in the heart of Paradise Valley, this 5-bed, 6-bath, 5,368 sq ft distinctive red brick residence borders the Paradise Valley Mountain Preserve and boasts exceptional privacy and what feels like your own private peak of Mummy Mountain. Set well back from the road with a long, dramatic driveway and surrounded by lush desert flora—African sumacs, mesquites, eucalyptus, a 50-ft palm—this classic home is enveloped by the mountain and offers circumferential VIEWS that include the Phoenix Mountain Preserve, city lights, and Mummy Mountain all around you. The great room features 15' beamed ceilings, 8' French doors, white tile floors, and a towering river-stone fireplace. Entertain in the upstairs dark wood flex suite with 12' ceilings and bar, or unwind in the primary suite with glass-walled shower looking directly onto your own mountainside. A rare opportunity to enjoy a livable home today or reimagine a spectacular hillside estate on one of Paradise Valley's most naturally stunning lots.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size5,368 sqft
Lot size1.72 Acres
Year built1976
ParkingGarage Door Opener, Direct Access, Separate Strge Area
MLS #6863205
Garage2 spaces
Fireplace2 Fireplace, Two Way Fireplace, Family Room, Master Bedroom
ViewMountain(s)
Summary
- Flooring Type: Wood
- Interior: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm
- Fireplace: 2 Fireplace, Two Way Fireplace, Family Room, Master Bedroom
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Parking: Garage Door Opener, Direct Access, Separate Strge Area
- View: Mountain(s)
- Exterior: Balcony, Built-in Barbecue
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $4,200,000
- Price/SqFt: $782
- Annual Tax Amount: $9,483
- Tax Year: 2024
- Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
- Directions: From Lincoln Dr. North on N Desert Fairways Dr., E on North Shadow Mtn Rd, E on East Roadrunner Rd. N on North 54th St. Follow to property, on East side. NO SIGN IN FRONT
- Year Built: 1976
- Stories: 2
- Living Area: 5,368 SqFt
- Lot Size: 1.72 Acres
- MLS Number: 6863205
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Realty ONE Group
- Office Phone: (602) 953-4000
- Office Email: ron.copus@realtyonegroup.com
- Listing Agent: Joan A Levinson
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: 7/26/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 30, 2021 | Home Sold | $2,692,834 |
| Aug 13, 2021 | Home Sold | $1,800,000 |
| Mar 24, 2020 | Home Sold | $1,550,000 |
| Dec 27, 2018 | Home Sold | $1,375,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $264,410 | $9,483 |
| 2023 | $176,570 | $9,097 |
| 2022 | $145,080 | $9,671 |
| 2020 | $138,560 | $10,388 |
| 2019 | $139,860 | $9,122 |
| 2017 | $133,210 | $8,740 |
History based on county public records data.
Nearby schools
10
Cherokee Elementary School
Public District EE-5
0.8 mi
•8801 N 56th St
9
Kiva Elementary School
Public District PK-5
2.9 mi
•6911 E McDonald Dr
10
Sequoya Elementary School
Public District PK-5
2.9 mi
•11808 N 64th 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 $137,813. The most common annual income of people living in Paradise Valley, AZ is $200k+. Most families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
15%
<35k
23%
35k-100k
25%
100k-200k
37%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
5%
Single, with Kids
51%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
8%
12-17 yrs old
7%
18-34 yrs old
45%
35-64 yrs old
31%
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
Bloomingdales
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 8031 N 54th St
The listing price of 8031 N 54th St property is $4,200,000.
The property 8031 N 54th St is a house located in Paradise Valley, Arizona, 85253.
Active Listing: 8031 N 54th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8031 N 54th St are: Cherokee Elementary School (GreatSchools Rating 10/10), Kiva Elementary School (GreatSchools Rating 9/10), Sequoya Elementary School (GreatSchools Rating 10/10), Cocopah Middle School (GreatSchools Rating 9/10), Desert Shadows Middle School (GreatSchools Rating 8/10), Shea Middle School (GreatSchools Rating 3/10), Accelerated Learning Center (GreatSchools Rating 5/10), Chaparral High School (GreatSchools Rating 8/10), Shadow Mountain High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $9,483 (source: MLS/based on county public records data).
The last sale was on December 30, 2021 for $2,692,834 (source: MLS/tax record).
The property at 8031 N 54th St has 5 bedrooms and 5 bathrooms.
The property 8031 N 54th St is 5,368 SqFt (source: MLS/tax record).
The year of construction for 8031 N 54th St is 1976.
This home is located at 8031 N 54th St in Paradise Valley, AZ and zip code 85253. This 5,368 square foot home, which was built in 1976, sits on a 1.72 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $4,200,000.
In June 2025, from all listings sold in Paradise Valley, AZ there were more than 1 sold above asking price, over 23 sold below and more than 4 were sold right at the asked price. In June 2025 in Paradise Valley, AZ there were 2.4% less homes for sale than in May. While the average time on the market in June 2025 was 95 days, the median list price was $3,550,000.
From Rocket Homes Real Estate and based on county public records data.