7140 N 40TH Street 12, Paradise Valley, AZ 85253 (MLS# 6672341)

7140 N 40TH Street 12, Paradise Valley, AZ 85253

$16,852,600

Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 8,132 Lot Size (sq. ft.): 119,972 Status: Closed

Current Price: $16,852,600 List Date: 3/08/2024 Last Modified: 5/28/2025

Description

JUST COMPLETED, MOVE-IN READY! Discover unparalleled privacy and serenity with the Jade residence in Crown Canyon, Arizona's most exclusive gated community under development by renowned builder BedBrock Developers. This award-winning ultra luxury home with architect CP Drewett and interior designer Mara Green is a true masterpiece. Its distinctive Frank Lloyd Wright inspired triangular form features primary living on the main level with soaring 19-foot ceilings that ascend to an impressive 24 feet encapsulated in glass. A grand staircase, or elevator for ease, takes you to the lower level with two secondary en-suite bedrooms, an oversized game/family room complete with a bar, and a separate fitness room. A detached casita perched above the four-car garage rests seamlessly on the hillside

Supplements: offering a private retreat for guest. Sprawling outdoor decks, fireplaces and an outdoor kitchen surround the infinity pool and spa capturing 250 degree views of the raw desert landscape. This one-of-a-kind home is customized with premium materials and appliances, showcasing dramatic steel beams and meticulous attention to detail throughout. Discover the exquisite allure of Crown Canyon, 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.

More Information MLS# 6672341

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Sold Price: $16,852,600 Status: Closed Current Price: $16,852,600 List Date: 2024-03-04

Location, Tax & Legal

Unit #: 12 Assessor's Map #: 2 Legal Description (Abbrev): LOT 12 WHISPERING CANYON AMD MCR 023727 Assessor's Parcel #: 27 Tax Municipality: Phoenix Taxes: 14161 House Number: 7140 Compass: N Street Name: 40TH St Suffix: Street City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 2863 County Code: Maricopa Assessor Number: 164-02-027 Subdivision: CROWN CANYON Tax Year: 2023

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Approx SQFT: 8132 Price/SqFt: 2072.38 Approx Lot SqFt: 119972 Approx Lot Acres: 2.754 Horses: N Builder Name: BedBrock Developers Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District Elementary School: Biltmore Preparatory Academy Jr. High School: Ingleside Middle School High School: Camelback High School Community Pool Y/N: No Private Pool Y/N: Yes Planned Comm Name: Crown Canyon Fireplace YN: Yes Fireplaces Total: 2 Marketing Name: Crown Canyon Jade Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 4 Total Bathrooms: 6 Year Built: 2025

Legal Info

Range: 3E Section: 1 Township: 2N Lot Number: 12

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1 Steel Frame: 1 Spray Foam Insulation: 1

Const - Finish

Stucco: 1 Stone: 1

Construction Status

Under Construction: 1

Roofing

Metal: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: No HOA Transfer Fee: 0 HOA Fee: 1500 HOA Paid Frequency: Annually HOA Name: Crown Canyon HOA Telephone: 480-287-2130 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 0 Disclosure Fees HOA: 0 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 125

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Architecture

Contemporary: 1

Architect

Architect: Drewett Works

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Split: 1

Additional Bedroom

Master Bedroom Walk-in Closet: 1 Other Bedroom Walk-in Closet: 1 Master Bedroom Sitting Room: 1

Fireplace Features

Fireplace Living Rm: 1 Fireplace Master Bdr: 1 Exterior Fireplace: 1 Fire Pit: 1

Flooring

Tile: 1 Other: 1

Window Features

Dual Pane: 1

Private Pool Features

Variable Speed Pump: 1

Community Features

Gated: 1

Dining Area

Eat-in Kitchen: 1 Dining in LR/GR: 1

Heating

Electric: 1

View

Mountain(s): 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Kitchen Island: 1 Built-in Microwave: 1 Multiple Ovens: 1 Pantry: 1 Range/Oven Elec: 1 Refrigerator: 1 Walk-in Pantry: 1 Wall Oven(s): 1 Gas Cooktop: 1

Cooling

Ceiling Fan(s): 1 HVAC SEER Rating: 16 Programmable Thmstat: 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1 9+ Flat Ceilings: 1 Wet Bar: 1 Fire Sprinkler System: 1 Elevator: 1 Water Softener Owned: 1

Laundry

Washer Included: 1 Dryer Included: 1 Washer Hookup: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1 Bonus/Game Room: 1 Guest Qtrs-Sep Entrn: 1 Exercise/Sauna Room: 1 Media Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Technology

Pre-Wire Srnd Snd: 1 High Speed Internet: 1 Smart Home: 1 Security System Owned: 1

Fencing

None: 1

Water Source

City Water: 1

Exterior Features

Separate Guest House: 1 Built-in BBQ: 1 Covered Patio(s): 1 Patio: 1 Storage: 1

Spa

Private: 1 Heated: 1

Sewer

Septic Tank: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 4 Garage Spaces: 4

New Financing

Cash: 1 Conventional: 1

Plumbing

Recirculation Pump: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Hillside Lot: 1

Landscaping

Desert Front: 1 Desert Back: 1 Natural Desert Front: 1 Natural Desert Back: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1 Auto Timer H2O Front: 1 Auto Timer H2O Back: 1 Irrigation Front: 1 Irrigation Back: 1

Unit Style

Two Levels: 1

Disclosures

Agency Discl Req: 1 Other (See Remarks): 1

Possession

Close of Escrow: 1

Association Fee Incl

Other (See Remarks): 1

Assoc Rules/Info

Other (See Remarks): 1

Sold Info

Loan Type: Conventional Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 406600 Seller Concession $/%: $

Remarks Misc

Cross Street: 40th St & Lincoln Dr Directions: North on 40th St, take the road to the end where you reach the gate of Crown Canyon. Geo Lat: 33.541186 Geo Lon: -111.996521

Status Change Info

Off Market Date: 2025-04-17 Under Contract Date: 2025-03-26 Close of Escrow Date: 2025-05-28 Sold Price: $16,852,600

Property Features

Special Listing Cond: N/A Architecture: Contemporary View: Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet; Master Bedroom Sitting Room Fireplace Features: Fireplace Living Rm; Fireplace Master Bdr; Exterior Fireplace; Fire Pit Flooring: Tile; Other Window Features: Dual Pane Private Pool Features: Variable Speed Pump Spa: Private; Heated Community Features: Gated Dining Area: Eat-in Kitchen; Dining in LR/GR Kitchen Features: Range/Oven Elec; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Kitchen Island Laundry: Washer Included; Dryer Included; Washer Hookup Other Rooms: Great Room; Bonus/Game Room; Guest Qtrs-Sep Entrn; Exercise/Sauna Room; Media Room Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Wet Bar; Fire Sprinkler System; Elevator; Water Softener Owned Technology: Pre-Wire Srnd Snd; High Speed Internet; Security System Owned; Smart Home Exterior Features: Built-in BBQ; Covered Patio(s); Patio; Separate Guest House; Storage Construction: Wood Frame; Steel Frame; Spray Foam Insulation Const - Finish: Stucco; Stone Construction Status: Under Construction Roofing: Metal Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric Plumbing: Recirculation Pump Utilities: APS; SW Gas Water Source: City Water Sewer: Septic Tank Fencing: None Property Description: Hillside Lot Landscaping: Desert Front; Desert Back; Natural Desert Front; Natural Desert Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back; Irrigation Front; Irrigation Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: Two Levels Association Fee Incl: Other (See Remarks) Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Agency Discl Req; Other (See Remarks)

Documents

Unbranded Floorplan ›

Listing Office: Bedbrock Real Estate Company

Last Updated: May - 28 - 2025