7133 N 40TH Street 182, Paradise Valley, AZ 85253, Paradise Valley AZ 85253
This private 1.3-acre lot is tucked between magnificent mountaintops high above the city with views as far as the eye can see. The slope of the hillside, combined with the natural beauty of the setting, create the perfect foundation for a dream estate with exquisite mountain vistas visible from every vantage point. The opportunity to seamlessly integrate indoor and outdoor living spaces is limitless. Build anything your imagination will allow or use the plans that have already been created and come with the purchase of the lot.
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 grouped with the current listings without a reported bedroom count in Paradise Valley. Its asking price falls near the 47th percentile of that active group. The comparison uses 23 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
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 $3,412,500, and the median is $855 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 |
|---|---|---|---|---|
| 7310 N HIGHCLIFF Drive, Paradise Valley, AZ 85253 | Jul 9, 2026 | 4 bd · 4,500 sqft | $3,100,000 | 0.1 mi |
| 6725 N 39TH Way, Paradise Valley, AZ 85253 | Jul 9, 2026 | 4 bd · 4,626 sqft | $3,570,000 | 0.5 mi |
| 4339 E SPRING Lane, Paradise Valley, AZ 85253 | Aug 12, 2026 | 3 bd · 3,012 sqft | $3,500,000 | 0.5 mi |
| 4339 E SPRING Lane, Paradise Valley, AZ 85253 | May 13, 2026 | 3 bd · 3,012 sqft | $2,510,000 | 0.5 mi |
| 6602 N 40TH Street, Paradise Valley, AZ 85253 | Sep 29, 2026 | 4 bd · 6,338 sqft | $6,300,000 | 0.5 mi |
| 6615 N 39TH Way, Paradise Valley, AZ 85253 | Sep 28, 2026 | 4 bd · 3,791 sqft | $3,325,000 | 0.6 mi |
| 3905 E SIERRA VISTA Drive, Paradise Valley, AZ 85253 | Jun 1, 2026 | 3 bd · 4,363 sqft | $2,200,000 | 0.7 mi |
| 7540 N LAKESIDE Lane, Paradise Valley, AZ 85253 | Jul 10, 2026 | 5 bd · 6,932 sqft | $8,100,000 | 0.7 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.
- $2,550,000 · Active
Continue comparing
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