8031 N 54TH Street, Paradise Valley, AZ 85253
$4,200,000
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
5,368
Lot Size (sq. ft.):
75,065
Status:
Active
Current Price:
$4,200,000
Last Modified:
5/08/2025
Description
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.
Supplements: 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.
More Information MLS# 6863205
Contract Information
Status Change Date: 2025-05-08
List Price: $4,200,000
Status: Active
Current Price: $4,200,000
List Date: 2025-05-08
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 8031
Compass: N
Street Name: 54TH
St Suffix: Street
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 2514
Country: US
County Code: Maricopa
Assessor Number: 168-75-026
Subdivision: VISTA RICA
Tax Year: 2024
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 3
# Bedrooms: 5
# Bathrooms: 5
Approx SQFT: 5368
Price/SqFt: 782.41
Horses: N
Builder Name: Unknown
Year Built: 1976
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 75065
Approx Lot Acres: 1.723
Pool: Private Only
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Cochise Elementary School
Jr. High School: Cocopah Middle School
High School: Chaparral High School
Remarks Misc
Cross Street: Lincoln Dr & Desert Fairways
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
Geo Lat: 33.554875
Geo Lon: -111.965185
Legal Info
Township: 3N
Range: 4E
Section: 32
Lot Number: 24
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 6
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Double Vanity; Private Toilet Room
Master Bedroom: Upstairs
Additional Bedroom: Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Fireplace Features: 2 Fireplace; Fireplace Family Rm; Fireplace Master Bdr; Two Way Fireplace
Flooring: Wood
Windows: Dual Pane
Pool Features: Private
Spa: None
Dining Area: Formal; Eat-in Kitchen
Kitchen Features: Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Granite Counters; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Family Room; Great Room; Bonus/Game Room
Features: Vaulted Ceiling(s)
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Balcony; Built-in BBQ; Patio
Parking Features: Direct Access; Garage Door Opener; Separate Strge Area
Construction: Block
Const - Finish: Brick Veneer
Roofing: Built-Up; Tile
Cooling: Central Air; Ceiling Fan(s)
Heating: Natural Gas
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: Border Pres/Pub Lnd; Hillside Lot; City Light View(s); Mountain View(s); East/West Exposure
Landscaping: Desert Front; Desert Back; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: By Agreement
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Realty ONE Group
Last Updated: May - 08 - 2025
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