7540 N SILVERCREST Way, Paradise Valley, AZ 85253 (MLS# 5993141)

7540 N SILVERCREST Way, Paradise Valley, AZ 85253

$4,800,000
Property Type: Residential Bedrooms: 5 Baths: 5.5 Square Footage: 8,022 Lot Size (sq. ft.): 45,419 Status: Closed
Current Price: $4,800,000 Last Modified: 2/09/2025

Description

Majestic views and refined tranquility await from this exquisite hillside contemporary estate; a warm architectural retreat, with spectacular design elements incorporated from the native mountainside and showcased throughout the home. This rare setting provides the ultimate in privacy and panoramic views as it is perfectly perched outward without view of any other surrounding properties. Vast rooms of glass capture the dramatic mountain views from the Superstition Mountains to the East, to Scottsdale, Paradise Valley and Camelback Mountain, all the way down to the striking city lights of Downtown Phoenix. As you glide into the motor court you are greeted by the illuminating drive and sounds of trickling water features. The property feels and gives the illusion of a Hawaiian tropical estate

Supplements: The property feels and gives the illusion of a Hawaiian tropical estate in the heart of Paradise Valley. Enter through the massive glass pivot door and you are greeted by the spectacular water wall and flagstone floors which lead seamlessly through the interior and exterior spaces. The massive commercial grade disappearing glass walls surrounding the great room are the true definition of indoor outdoor living. This private estate is a true entertaining statement property with luxury outdoor features such as expansive tiered patios, outdoor kitchen and BBQ area, tranquil patios land massive Olympic-sized lap pool highlighted by automated waterfalls, fountains and gas fire towers. The superb glass-walled great room boasts a massive stone fireplace and beamed cove ceilings, opening freely to the gourmet kitchen with custom designed center island. Just steps from the main kitchen also sits a full catering kitchen with staff access and second pantry space. The family room sits adjacent for more casual entertaining, equipped with a gorgeous backlit solid Onyx wet bar, custom art display area and mountain views over the front entry. The extravagant master suite is both sensational and Zen-like, with walls of glass looking out to the yoga garden and pool deck while giving direct views of Camelback Mountain and Downtown Phoenix in the distance. With his & her separate baths, two walk-in closets and adjacent exercise room and private offices, the master suite is a stunning retreat fit for any lifestyle. Guests can choose to retire in the cozy guest suite in the main residence, or enjoy the nearly 1,600-square-foot two bedroom guest quarters with full separate kitchen, great room, laundry and private wraparound viewing patio. The guest suite is accessible via elevator from the 6-car garage or the stunning staircase via private entrance from the living room. With high ceilings and walls of glass overlooking the valley, this sanctuary feels like treetop living. Showcasing the best views in the entire valley spanning 360 degrees, this sensational paradise-like estate is truly one-of-a-kind, offering spectacular mountainside privacy and 24/7 guard-gated security at the luxurious Clearwater Hills community.

More Information MLS# 5993141

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $4,800,000 Status: Closed Current Price: $4,800,000 List Date: 2019-10-17

Location, Tax & Legal

Assessor's Map #: 16 Legal Description (Abbrev): CLEARWATER HILLS PT LOT 13 PARCEL B BEG NLY MOST COR LOT 18 TH NLY 323.71' TO NLY MOST COR LOT 14 Assessor's Parcel #: 13 Assessor Parcel Ltr: B Tax Municipality: Maricopa - COUNTY Taxes: 15502 Map Code/Grid: N36 House Number: 7540 Compass: N Street Name: SILVERCREST St Suffix: Way City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 2851 County Code: Maricopa Assessor Number: 169-16-013-B Subdivision: CLEARWATER HILLS PRVT ROADS & TR A Tax Year: 2019

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Approx SQFT: 8022 Price/SqFt: 598.35 Approx Lot SqFt: 45419 Horses: N Builder Name: Custom Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Kiva Elementary School Jr. High School: Mohave Middle School High School: Saguaro High School Community Pool Y/N: No Private Pool Y/N: Yes Planned Comm Name: Clearwater Hills Marketing Name: Clearwater Hills Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 5 # Bathrooms: 5.5 Year Built: 2007

Legal Info

Range: 4E Section: 6 Township: 2N Lot Number: 13

Special Listing Cond

N/A: 1

Construction

Block: 1 Wood Frame: 1 Steel Frame: 1

Const - Finish

Stone: 1 Synthetic Stucco: 1

Roofing

Tile: 1 Concrete: 1 Metal: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Transfer Fee: 200 HOA Fee: 3500 HOA Paid Frequency: Annually HOA Name: Clearwater Hills HOA Telephone: 480-922-9080 HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 3115 Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: $ Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 291.67

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Architecture

Contemporary: 1

Master Bathroom

Separate Shwr & Tub: 1 Private Toilet Room: 1 2 Master Baths: 1 Tub with Jets: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Split: 1 Other Bedroom Downstairs: 1 Separate Bedroom Exit: 1 Master Bedroom Walk-in Closet: 1 Other Bedroom Walk-in Closet: 1 Master Bedroom Sitting Room: 1

Add'l Property Use

None: 1

Fireplace Features

3+ Fireplace: 1 Gas Fireplace: 1 Exterior Fireplace: 1 Fire Pit: 1

Flooring

Carpet: 1 Stone: 1 Tile: 1 Wood: 1

Windows

Solar Screens: 1 Dual Pane: 1 Low-Emissivity Windows: 1 Tinted Windows: 1

Private Pool Features

Diving Pool: 1

Community Features

Gated: 1 Guarded Entry: 1

Dining Area

Formal: 1 Eat-in Kitchen: 1 Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Natural Gas: 1

Kitchen Features

Built-in Microwave: 1 Dishwasher: 1 Disposal: 1 Kitchen Island: 1 Multiple Ovens: 1 Non-laminate Counter: 1 Pantry: 1 Range/Oven Elec: 1 Range/Oven Gas: 1 Refrigerator: 1 Reverse Osmosis: 1 Wall Oven(s): 1 Electric Cooktop: 1 Gas Cooktop: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Programmable Thmstat: 1 Central Air: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

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

Separate Den/Office

Sep Den/Office Y/N: Y

Features

Skylight(s): 1 Vaulted Ceiling(s): 1 Wet Bar: 1 Elevator: 1 Water Softener Owned: 1 Water Purifier: 1

Accessibility Feat.

Accessible Door – 32in+ Wide: 1 Hallways 36in+ Wide: 1 Remote Devices: 1 Mltpl Entries/Exits: 1

Technology

Sat Dish TV Lsd: 1 High Speed Internet: 1 Security Sys Owned: 1

Fencing

Wrought Iron: 1

Water Source

Pvt Water Company: 1

Exterior Features

Balcony: 1 Built-in BBQ: 1 Covered Patio(s): 1 Patio: 1

Spa

Private: 1 Heated: 1

Sewer

Septic Tank: 1

Parking Spaces

Slab Parking Spaces: 4 Total Covered Spaces: 6 Garage Spaces: 6

Parking Features

Garage Door Opener: 1

New Financing

Cash: 1 Conventional: 1

Energy/Green Feature

Multi-Zones: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

City Light View(s): 1 Mountain View(s): 1

Landscaping

Desert Front: 1 Desert Back: 1 Grass Back: 1 Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1

Services

County Services: 1

Items Updated

Floor Yr Updated: 2012 Floor Partial/Full: Partial Wiring Yr Updated: 2003 Wiring Partial/Full: Partial Plmbg Partial/Full: Partial Ht/Cool Yr Updated: 2012 Ht/Cool Partial/Full: Partial Roof Yr Updated: 2008 Roof Partial/Full: Partial Kitchen Yr Updated: 2007 Kitchen Partial/Full: Partial Bath(s) Yr Updated: 2008 Bath(s) Partial/Full: Partial Pool Yr Updated: 2007 Pool Partial/Full: Partial

Unit Style

All on One Level: 1 Two Levels: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1 Street Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Prof Managed: 1

Sold Info

Loan Type: Other Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 10000 Seller Concession $/%: $

Remarks Misc

Cross Street: Tatum & Lincoln Directions: North on Tatum to Clearwater Parkway. West on Clearwater Parkway to gate. Guard will direct you from gatehouse. Geo Lat: 33.547232 Geo Lon: -111.98845

Status Change Info

Off Market Date: 2020-06-15 Under Contract Date: 2020-05-15 Close of Escrow Date: 2020-06-15 Sold Price: $4,800,000

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Contemporary Master Bathroom: Separate Shwr & Tub; Private Toilet Room; 2 Master Baths; Tub with Jets Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet; Master Bedroom Sitting Room Fireplace Features: 3+ Fireplace; Gas Fireplace; Exterior Fireplace; Fire Pit Flooring: Carpet; Stone; Tile; Wood Windows: Solar Screens; Dual Pane; Low-Emissivity Windows; Tinted Windows Private Pool Features: Diving Pool Spa: Private; Heated Community Features: Gated; Guarded Entry Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Dining in LR/GR Kitchen Features: Range/Oven Elec; Range/Oven Gas; Electric Cooktop; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Wall Oven(s); Multiple Ovens; Pantry; Granite Counters; Non-laminate Counter; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room; Great Room; Bonus/Game Room; Loft; Guest Qtrs-Sep Entrn; Exercise/Sauna Room Features: Skylight(s); Vaulted Ceiling(s); Wet Bar; Elevator; Water Softener Owned; Water Purifier Technology: Sat Dish TV Lsd; High Speed Internet; Security Sys Owned Exterior Features: Balcony; Built-in BBQ; Covered Patio(s); Patio Parking Features: Garage Door Opener Construction: Block; Wood Frame; Steel Frame Const - Finish: Stone; Synthetic Stucco Roofing: Tile; Concrete; Metal Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: Pvt Water Company Sewer: Septic Tank Services: County Services Fencing: Wrought Iron Property Description: City Light View(s); Mountain View(s) Landscaping: Desert Front; Desert Back; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: All on One Level; Two Levels Association Fee Incl: Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: Coldwell Banker Realty
Last Updated: February - 09 - 2025
7540 N SILVERCREST Way, Paradise Valley, AZ 85253- MLS# 5993141
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