8513 N 48TH Place, Paradise Valley, AZ 85253, Paradise Valley AZ 85253
Nestled within one of Paradise Valley's most exclusive enclaves, this custom luxury estate offers an exceptional blend of modern design, privacy, and elevated desert living. Ideally positioned on a quiet cul-de-sac, the newer construction residence showcases a soft contemporary aesthetic with thoughtful design and upscale finishes throughout. The main residence spans over 5,000 square feet, featuring 4 spacious bedrooms, 4.5 bathrooms, a dedicated game room, and a 3-car garage. Complementing the home is a beautifully appointed 1,360 square foot guest house with 2 bedrooms, 2 bathrooms, and
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 five-or-more-bedroom homes in Paradise Valley. Its asking price falls near the 55th percentile of that active group. The comparison uses 153 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 25 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 $5,127,500, and the median is $902 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 |
|---|---|---|---|---|
| 4830 E Orchid Lane, Paradise Valley, AZ 85253 | Jul 7, 2026 | 3 bd · 2,440 sqft | $3,450,000 | 0.2 mi |
| 8312 N 50TH Street, Paradise Valley, AZ 85253 | Jun 15, 2026 | 8 bd · 10,094 sqft | $4,750,000 | 0.3 mi |
| 4839 E Horseshoe Road, Paradise Valley, AZ 85253 | Jul 17, 2026 | 6 bd · 8,508 sqft | $4,600,000 | 0.3 mi |
| 8150 N Ridgeview Drive, Paradise Valley, AZ 85253 | May 18, 2026 | 5 bd · 7,059 sqft | $4,200,000 | 0.4 mi |
| 5131 E BUTLER Drive, Paradise Valley, AZ 85253 | May 22, 2026 | 7 bd · 8,693 sqft | $11,000,000 | 0.4 mi |
| 5060 E SKY DESERT Lane, Paradise Valley, AZ 85253 | Jul 31, 2026 | 7 bd · 7,725 sqft | $5,505,000 | 0.4 mi |
| 5225 E MOCKINGBIRD Lane, Paradise Valley, AZ 85253 | Jul 1, 2026 | 5 bd · 9,758 sqft | $12,200,000 | 0.5 mi |
| 8920 N MARTINGALE Road, Paradise Valley, AZ 85253 | Jul 9, 2026 | 5 bd · 5,959 sqft | $6,500,000 | 0.5 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.
- $7,495,000 · Active
- $7,495,000 · Active
- $7,495,000 · Active
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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