A premier Paradise Valley luxury estate located at the base of Camelback Mountain has sold for $10,861,000 – more than $1 million over the asking price – just two days after being listed by Russ Lyon Sotheby’s International Realty. The $9.8M listing, represented by Global Real Estate Advisors Shawna Perkins and Mark Thomas, garnered immediate and competitive interest from multiple qualified buyers.
“It’s amazing what happens when a beautiful home hits the market in one of the region’s most desirable locations at the correct price,” Thomas said. “It immediately attracted numerous qualified buyers and created the perfect scenario for our seller.”
Situated on Palo Verde Drive in Paradise Valley, this exquisite 8,542-square-foot estate blends elegance, privacy, and unbeatable views. Nestled against the iconic Camelback Mountain, the 5-bedroom, 7-bathroom home delivers both luxury and location in one of Arizona’s most sought-after real estate markets.
The main residence spans two levels and features a refined living area and a gourmet chef’s kitchen combining modern functionality with designer finishes. The lower-level hosts four bedrooms, including a lavish primary suite, along with a private home theater designed for high-end entertainment and relaxation.
Outside, a tranquil courtyard oasis boasts a sparkling pool framed by panoramic mountain views. An additional structure on the property includes a fully equipped caterer’s kitchen and a private guest suite, ideal for hosting visitors or exclusive events.
“This home is a true statement of luxury, allowing us to generate significant interest. The resulting sales price reflects not just the home’s exceptional quality, but also the strength of our market when a property is positioned with intention,” Perkins said.
This record-setting transaction underscores the demand for high-end Paradise Valley real estate and the continued appeal of Camelback Mountain luxury homes. To learn more, visit russlyon.com or follow Russ Lyon Sotheby’s International Realty on Facebook, Instagram, LinkedIn, and YouTube.
