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7150 N 40TH Street #11, Paradise Valley, AZ, 85253

5beds
7baths
9,399sqft
$20,000,000
$2,128price/sqft
$111,919/moest. monthly cost
$4,476,760/yrincome needed

About This Home

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 hosts the main living and entertainment areas, flowing seamlessly to an elevated terrace and pool deck offering pristine living high above the desert floor. An impressive 10-car garage with room for 2 lifts expands from the oversized auto court. Crown Canyon is a secluded and untouched 30-acre enclave in the prestigious community of Paradise Valley. Nestled within a breathtaking mountain preserve, this is home to 12 exceptional luxury residences. Meticulously designed by renowned architects, these one-of-a-kind homes embrace the natural beauty of the surroundings, maximizing the captivating views and unique topography of each homesite. Experience tranquility, seclusion, and utmost security within this gated haven, ensuring unparalleled peace of mind.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
3/10
Camelback High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 2028

Materials

  • Roof: Metal
  • Construction materials: Spray Foam Insulation,Stucco,Steel Frame,Wood Frame,Stone

Other

  • Builder name: BedBrock Developers

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Water Softener Owned,Reverse Osmosis,Refrigerator,Built-in Microwave,Dishwasher,Gas Range,Built-In Electric Oven

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Features

  • Pantry,Smart Home,Upstairs,Eat-in Kitchen,9+ Flat Ceilings,Elevator,Vaulted Ceiling(s),Wet Bar,Kitchen Island,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Double Pane Windows
  • Flooring: Tile,Wood
  • Number of fireplaces: 3
  • Fireplace features: Exterior Fireplace,Living Room,Master Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 9,399
  • Total interior livable area: 9,399 sqft

Property

Details

  • Parcel number: 16402026

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Variable Speed Pump,Outdoor Pool
  • Patio & porch: Covered Deck,Covered
  • Exterior features: Built-in Barbecue
  • Has spa: Yes
  • Spa features: Heated,Private
  • Fencing: None
  • Has view: Yes
  • View description: City,Desert,Panoramic,City Lights,Mountain(s)

Lot

  • Lot size: 2.02 Acres
  • Features: East/West Exposure,Hillside Lot,Desert Back,Desert Front

Parking

  • Total spaces: 12
  • Parking features: Attached,Extended Length Garage,Over Height Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 10
  • Covered spaces: 10
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail
Wildfire

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $101,130$1,213,560
Home Insurance $2,461$29,532
Property Taxes $7,333$87,996
Electricity $995$11,944
Total$111,919$1,343,028

Income You'd Need if You Spent...

35% on housing$3,837,222/yr
40% on housing$3,357,570/yr
45% on housing$2,984,506/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,128This listing

vs Other Active Listings

Avg $/sqft

ZIP 85253$1,087
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85253$880
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-05Listed for sale$20,000,000
2025-09-20Listing removed$18,200,000
2025-01-16Price change$18,200,000
2024-09-06Listed for sale$17,800,000
2024-07-15Listing removed$17,800,000
2024-05-09Price change$17,800,000
2023-12-17Listed for sale$15,900,000
2023-12-16Listing removed$15,900,000
2023-10-28Price change$15,900,000
2023-05-09Price change$14,900,000
2022-12-16Listed for sale$12,900,000
2016-04-08Listing removed$1,525,000
2016-03-29Listed for sale$1,525,000
2004-04-05Sold$390,000

For Sale by Agent

AgentSilje Garner
BrokerageBedbrock Real Estate Company

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