7347 N RED LEDGE Drive, Paradise Valley, AZ 85253, Paradise Valley AZ 85253
Set within the prestigious guard-gated enclave of Clearwater Hills, this exceptional estate has been completely transformed through a meticulous down-to-the-studs renovation, creating a residence that is both timeless and thoughtfully designed for modern luxurious living. The home captures extraordinary panoramic views of Camelback Mountain, Mummy Mountain, the Phoenix Mountain Preserve, and the glittering city skyline. Designed with an emphasis on seamless indoor-outdoor living, the massive great room features an impressive fireplace and dramatic 24-foot walls of glass that disappear complete
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 $958 per square foot, compared with a $996 median for active five-or-more-bedroom homes in Paradise Valley. Its asking price falls near the 52nd 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 $3,700,000, and the median is $1,075 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 |
|---|---|---|---|---|
| 4339 E SPRING Lane, Paradise Valley, AZ 85253 | Aug 12, 2026 | 3 bd · 3,012 sqft | $3,500,000 | 0.3 mi |
| 4339 E SPRING Lane, Paradise Valley, AZ 85253 | May 13, 2026 | 3 bd · 3,012 sqft | $2,510,000 | 0.3 mi |
| 7310 N HIGHCLIFF Drive, Paradise Valley, AZ 85253 | Jul 9, 2026 | 4 bd · 4,500 sqft | $3,100,000 | 0.3 mi |
| 7540 N LAKESIDE Lane, Paradise Valley, AZ 85253 | Jul 10, 2026 | 5 bd · 6,932 sqft | $8,100,000 | 0.4 mi |
| 7547 N LAKESIDE Lane, Paradise Valley, AZ 85253 | May 11, 2026 | 3 bd · 2,787 sqft | $2,995,000 | 0.4 mi |
| 4540 E MOONLIGHT Way, Paradise Valley, AZ 85253 | Jun 24, 2026 | 4 bd · 5,014 sqft | $7,000,000 | 0.4 mi |
| 4630 E CLEARWATER Parkway, Paradise Valley, AZ 85253 | Jul 30, 2026 | 5 bd · 4,602 sqft | $3,900,000 | 0.6 mi |
| 4602 E QUARTZ MOUNTAIN Road 0, Paradise Valley, AZ 85253 | Sep 2, 2026 | — | $4,000,000 | 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.
- $6,995,000 · 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