6535 N 40TH Place, Paradise Valley, AZ 85253, Paradise Valley AZ 85253
2026 new-construction, 6,643 sqft, single-level on a one-acre lot in Paradise Valley's western estate corridor near Lincoln and Tatum with no HOA. Gated with a motor court and private entry. That's probably how most listing descriptions would start. But the truth is, that doesn't really tell you what this home feels like. Every element of this home reflects exceptional craftsmanship, with many of the materials, finishes, and architectural details being custom-made, handcrafted, and specially sourced for this residence. From the privacy, wine cellar, custom bar, and to the expansive outdoor liv
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Paradise Valley
This property is offered at $1,325 per square foot, compared with a $996 median for active five-or-more-bedroom homes in Paradise Valley. Its asking price falls near the 61st percentile of that active group. The comparison uses 137 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $3,447,500, and the median is $754 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 6602 N 40TH Street, Paradise Valley, AZ 85253 | Sep 29, 2026 | 4 bd · 6,338 sqft | $6,300,000 | 0.2 mi |
| 6615 N 39TH Way, Paradise Valley, AZ 85253 | Sep 28, 2026 | 4 bd · 3,791 sqft | $3,325,000 | 0.2 mi |
| 6725 N 39TH Way, Paradise Valley, AZ 85253 | Jul 9, 2026 | 4 bd · 4,626 sqft | $3,570,000 | 0.2 mi |
| 3905 E SIERRA VISTA Drive, Paradise Valley, AZ 85253 | Jun 1, 2026 | 3 bd · 4,363 sqft | $2,200,000 | 0.3 mi |
| 3811 E STELLA Lane, Paradise Valley, AZ 85253 | Jun 26, 2026 | 4 bd · 4,213 sqft | $3,100,000 | 0.4 mi |
| 6112 N Paradise View Drive, Paradise Valley, AZ 85253 | May 27, 2026 | 14 bd · 52,000 sqft | $9,000,000 | 0.5 mi |
| 4117 E Keim Drive, Paradise Valley, AZ 85253 | Apr 15, 2026 | 5 bd · 5,109 sqft | $30,000 | 0.5 mi |
| 4534 E PEBBLE RIDGE Road, Paradise Valley, AZ 85253 | May 9, 2026 | 6 bd · 8,321 sqft | $9,100,000 | 0.6 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $8,799,000 · Active
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Similar active homes in Paradise Valley
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Paradise Valley homes for sale · See the Paradise Valley market report