7150 N 40TH Street 11, Paradise Valley, AZ 85253, Paradise Valley AZ 85253
Q4 2027 COMPLETION: Discover the Ruby Residence in Crown Canyon, Arizona's most exclusive gated community. Set on a breathtaking two-acre parcel, the home captures framed canyon views and distant vistas of Paradise Valley and Four Peaks. Award-winning contemporary design is expressed through cantilevered steel rooflines and organic materials drawn from the surrounding geology. Expansive pocket doors blur indoor-outdoor living and a dramatic two-story glass atrium with floating stairs and bridge leads to a private primary wing with a spa, office, and resort style amenities. The western wing hos
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 $2,128 per square foot, compared with a $996 median for active five-or-more-bedroom homes in Paradise Valley. Its asking price falls near the 93rd percentile of that active group. The comparison uses 138 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 $3,212,500, and the median is $803 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 | 0.3 mi |
| 6725 N 39TH Way, Paradise Valley, AZ 85253 | Jul 9, 2026 | 4 bd · 4,626 sqft | $3,570,000 | 0.4 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 | 0.5 mi |
| 3905 E SIERRA VISTA Drive, Paradise Valley, AZ 85253 | Jun 1, 2026 | 3 bd · 4,363 sqft | $2,200,000 | 0.6 mi |
| 4339 E SPRING Lane, Paradise Valley, AZ 85253 | Aug 12, 2026 | 3 bd · 3,012 sqft | $3,500,000 | 0.7 mi |
| 4339 E SPRING Lane, Paradise Valley, AZ 85253 | May 13, 2026 | 3 bd · 3,012 sqft | $2,510,000 | 0.7 mi |
| 3811 E STELLA Lane, Paradise Valley, AZ 85253 | Jun 26, 2026 | 4 bd · 4,213 sqft | $3,100,000 | 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.
- $20,000,000 · 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