Listings

Save
Ask
Tour
Hide
Share
$3,500,000
96 Days On Site

6602 N 40TH Street
Paradise Valley, AZ 85253

For Sale|Single Family Residence|Active
5
Beds
0
Full Baths
0
Partial Baths
6,173
SqFt
$567
/SqFt
1962
Built
Subdivision:
LINCOLN HEIGHTS 1-7,9-11,26-30,45-52 & TR A
County:
Maricopa

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

6602 N 40TH Street6602 N 40TH Street6602 N 40TH Street6602 N 40TH Street
Save
Ask
Tour
Hide
Share

**MASSIVE PRICE REDUCTION** Opportunity to own Mid-Construction Hillside Retreat! ** This unique property in the prestigious 85253 area, with stunning mountain views, is about 35% complete and includes all permits, plans, and designs. Priced at $3.5 mill ($566/sq ft). The remaining remodel budget is $1 million, with a potential resale and ARV of $5.5 million ($890/sq ft, with comps closer to $950-$1,000/sq ft), offering savvy investors a expected profit of **$600k** upon completion. No HOA and lot over 1 acre! Envision your dream home in this tranquil hillside setting, and while construction is continuing, we are open to various exit strategies. This property presents numerous possibilities for your vision. Don't miss out on this rare chance to create a picturesque retreat in the Paradise

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$3,500,000
Days On Site 
96 Days
Bedrooms 
5
Inside Area (SqFt) 
6,173 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.08 Acres
Year Built 
1962
MLS® Number 
6816774
Status 
Active
Property Tax 
$9,356
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Builder
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoPrice changed to $3,500,000
3 months agoListing first seen on site
General Features
Acres 
1.08
Cross Street 
Lincoln dr and 40th street
Disclosures 
Seller Discl Avail
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
1
Parking Spaces 
8
Property Condition 
Under ConstructionFixer
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
Style 
Santa Barbara/Tuscan
Interior Features
Appliances 
MicrowaveDishwasher
Cooling 
ENERGY STAR Qualified Equipment
Fireplace 
Yes
Fireplace Features 
GasOutside
Fireplaces 
1
Flooring 
TileWood
Heating 
ENERGY STAR Qualified EquipmentNatural GasCeiling
Interior 
Vaulted Ceiling(s)Kitchen IslandPantryBidetHigh Ceilings
Laundry Features 
OtherSee Remarks
Spa 
Yes
Window Features 
ENERGY STAR Qualified WindowsDouble Pane Windows
Bedroom 2 
Level - Main
Bedroom 3 
Level - Main
Bedroom 4 
Level - Main
Bedroom 5 
Level - Main
Dining Room 
Level - Main
Kitchen 
Level - Main
Living Room 
Level - Main
Master Bedroom 
Level - Main
Office 
Level - Main
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
StuccoStoneBlock
Exterior 
BarbecueStorageBuilt-in Barbecue
Fencing 
BlockWrought Iron
Lot Features 
Desert BackDesert Front
Patio And Porch 
Patio
Pool Features 
HeatedPrivate
Private Pool 
Yes
Roof 
Foam
Spa 
Yes
Spa Features 
Private
Windows/Doors 
ENERGY STAR Qualified WindowsDouble Pane Windows
Community Features
Association Amenities 
None
School District 
Scottsdale Unified District
Township 
2N
Schools
School District
Scottsdale Unified District
Elementary School
Kiva Elementary School
Middle School
Mohave Middle School
High School
Saguaro High School
Listing courtesy of The Ave Collective.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-05-14 12:43 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share