8700 N 55TH Place, Paradise Valley, AZ, 85253
About This Home
Available with all furnishings! Set in the heart of prestigious Paradise Valley, this property is a private desert retreat surrounded by luxury estates and breathtaking mountain scenery. This single level residence offers 5 en-suite bedrooms, 5.5 bathrooms, a game room, study and approximately 6,744 square feet of thoughtfully designed living space. The home welcomes you with generous living and entertaining areas filled with natural light, high ceilings and seamless indoor-outdoor flow. The kitchen features beautiful custom cabinetry, high end appliances, quartz countertops, ample storage and an ideal layout for both everyday living and hosting. The primary suite serves as a private retreat, complete with fireplace, spa-style bath, walk-in closet and patio access. Outdoors, the property is designed for true Arizona living, featuring pool/spa with water and fire features and a swim up bar, expansive covered patio space, multiple seating areas, in ground trampoline, large grassy turf spaces, outdoor kitchen, mature desert landscaping and privacy. Enjoy views of Mummy Mountain and surrounding peaks, vibrant sunsets, and tranquil desert skies from your own backyard oasis. Ideally located just minutes from world-class resorts, fine dining, championship golf, hiking trails, and the best of Scottsdale and Phoenix, this home combines peaceful seclusion with unmatched convenience. Whether enjoyed as a primary residence or seasonal escape, this Paradise Valley property offers timeless appeal in one of Arizona's most coveted locations.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2017
Materials
- Roof: Tile
- Construction materials: Stucco,Wood Frame,Painted,Stone,Ducts Professionally Air-Sealed
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,Disposal,Gas Range,Gas Oven,Water Purifier
- Laundry features: Inside,Gas Dryer Hookup,Engy Star (See Rmks)
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Pantry,Quartz Countertops,High Speed Internet,Smart Home,Double Vanity,See Remarks,Eat-in Kitchen,9+ Flat Ceilings,Central Vacuum,No Interior Steps,Vaulted Ceiling(s),Wet Bar,Kitchen Island,Full Bth Master Bdrm,Separate Shwr & Tub
- Window features: Low Emissivity Windows,ENERGY STAR Qualified Windows,Triple Pane Windows
- Flooring: Carpet,Stone,Tile,Wood
- Number of fireplaces: 3
- Fireplace features: Fire Pit,Exterior Fireplace,Family Room,Master Bedroom,Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: ENERGY STAR Qualified Equipment,Natural Gas
- Cooling features: HVAC SEER Rating,Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment,Programmable Thmstat
Interior Area
- Total structure area: 6,744
- Total interior livable area: 6,744 sqft
Property
Details
- Parcel number: 16844003
Features
- Stories: 1
- Private pool: Yes
- Pool features: Outdoor Pool,Heated
- Patio & porch: Covered,Patio
- Exterior features: Other,Private Street(s),Built-in Barbecue
- Has spa: Yes
- Spa features: Heated
- Fencing: Block
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 1.00 Acres
- Features: North/South Exposure,Corner Lot,Desert Back,Desert Front,Synthetic Grass Back,Auto Timer H2O Front,Auto Timer H2O Back
Parking
- Total spaces: 16
- Parking features: Garage Door Opener,Extended Length Garage,Direct Access,Circular Driveway,Attch'd Gar Cabinets
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Has uncovered spaces: Yes
- Uncovered spaces: 12
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
- Inland Flooding
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $36,659 | $439,908 |
| Home Insurance | $892 | $10,704 |
| Property Taxes | $2,658 | $31,896 |
| Electricity | $714 | $8,570 |
| Total | $40,923 | $491,076 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Price change | $7,495,000 |
| 2026-03-23 | Price change | $7,750,000 |
| 2026-02-05 | Price change | $7,995,000 |
| 2022-07-27 | Listed for sale | $6,799,000 |
| 2022-07-25 | Sold | $6,575,000 |
| 2022-05-27 | Pending sale | $6,799,000 |
| 2022-04-10 | Price change | $6,799,000 |
| 2022-03-21 | Listed for sale | $6,995,000 |
| 2020-07-16 | Sold | $3,175,000 |
| 2020-03-24 | Price change | $3,299,990 |
| 2020-01-20 | Listed for sale | $3,475,000 |
| 2019-10-11 | Listing removed | $3,535,000 |
| 2019-09-27 | Price change | $3,535,000 |
| 2019-08-27 | Price change | $3,595,000 |
| 2019-08-13 | Price change | $3,695,000 |
| 2019-07-12 | Price change | $3,765,000 |
| 2019-05-16 | Listed for sale | $3,795,000 |
| 2015-07-31 | Sold | $832,000 |
| 2015-05-23 | Price change | $879,000 |
| 2015-05-03 | Listed for sale | $889,000 |
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