7154 E Oakmont Drive, Paradise Valley, AZ 85253
See all 49 photos
7154 E Oakmont Drive, Paradise Valley, AZ 85253
7154 E Oakmont Drive, Paradise Valley, AZ 85253
7154 E Oakmont Drive, Paradise Valley, AZ 85253
7154 E Oakmont Drive, Paradise Valley, AZ 85253
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 15,000,000
Est. payment /mo
Save
New

7154 E Oakmont Drive Paradise Valley, AZ 85253

5 Beds

4.5 Baths

8,006 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,006 sqft

Price per Sqft $1,873

Subdivision Camelback Country Club

MLS Listing ID 7088025

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Fees $699/ann

HOA Y/N Yes

Year Built 1977

Annual Tax Amount $5,639

Tax Year 2025

Lot Size 0.972 Acres

Acres 0.97

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Seller will provide 10% of purchase price as a concession to Buyer. Seller says bring all offers! There is ultra-luxury, and then there is this true Unicorn, Statement Property, and Trophy Estate. This award-winning, completely rebuilt, corner golf green home is located in the most expensive neighborhood in the Southwest United States. In addition to the five centerpiece Unicorn features described below, this Legacy home's Unicorn status is underscored by its designation as the #1 Single-Family Home rental in Arizona with $51K in monthly rental revenue. This turnkey home's distinguished prior vacation rental tenants include A-list celebrities, superstars, and even billionaire tenants arriving in personal helicopters while renting this home. This Santa Barbara estate occupies the best lot in the heart of a storied Paradise Valley neighborhood, where homes that have sold for $15M+ would rent for less than half this home's rental revenue of approximately $51K per month. Therefore, this Unicorn home is a monetized hard asset. The difference in the valuation of a monetized hard asset (for example, Facebook with advertising revenue) and an unmonetized hard asset (for example, Facebook without advertising revenue) is night and day.
The standard ultra-luxury market's Cap Rate of 2% and NOI of $400K yield a home valuation of $400K/0.02=$20M. This $20M is a conservative estimate because it does not take into account the huge premium for the following five Unicorn centerpiece features that no other home in the world has: (1) Floodlit Championship Golf Green for Night Golf: This is the only home with the ability to play night golf and evening golf on a floodlit championship golf green with direct frontage on a championship golf green, instead of an artificial putting green in an ordinary backyard. (2) Prime Corner Location: Home and corner golf green lot are elevated in height with only one adjacent neighbor and private security patrol in the heart of Paradise Valley's acclaimed subdivision in this Audubon Bird Sanctuary designated area. This home towers over all other homes in the neighborhood with expansive 360-degree golf green, golf course, and mountain views from the home's 32 massive UV-protected double-paned picture windows, 20 glass French doors, and 3 colossal balconies and view decks. (3) Direct frontage on a Championship Golf Green with dynamic views of birds and birdies. Less than 1% of Golf Course homes are Corner Golf Green homes. (4) Mountain views of both Mummy Mountain and McDowell Mountains. This home has beautifully landscaped, peaceful grounds with 27 palm, citrus, and eucalyptus trees. (5) Extreme privacy with true indoor-outdoor resort-style living because of the interior, palatial courtyard (enclosed on all four sides) with a Roman skinny-dipping pool, Grecian columns, Finnish Sauna, and a Tournament-sized 12-foot snooker table imported from a castle in England, located in an Arizona Room with motorized shades. Instead of buying inferior, boxy, retail-store-look-alike new construction homes, discerning and smart buyers look for Unicorns that are a great store of value when it comes to their real estate, stock, and art purchases. Lord Byron wrote: "There is pleasure in the pathless woods, there is rapture in the lonely forest, there is society where none intrudes, and music in its roar. I love not Man the less, but Nature more." These words best capture the timeless spirit and class of this beautiful Unicorn home that has won several prestigious international awards in the short-term rental world, including the coveted Airbnb Luxe status award, the highest possible Top 1% award, the Guest Favorite award, and the Gold Badge award.

Location

State AZ

County Maricopa

Community Camelback Country Club

Area Maricopa

Direction From Scottsdale Rd: West on Doubletree Ranch Rd. Left on 66th Pl. Left on Caballo Dr, Left on Oakmont to home on left.

Rooms

Other Rooms Guest Qtrs-Sep Entrn, ExerciseSauna Room, Great Room, Family Room

Master Bathroom Double Sink

Master Bedroom Split

Den/Bedroom Plus 6

Separate Den/Office Y

Interior

Interior Features High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets

Heating Electric

Cooling Central Air, Ceiling Fan(s), Programmable Thmstat

Flooring Stone, Tile

Fireplaces Type Exterior Fireplace, Family Room, Master Bedroom

Fireplace Yes

Window Features Skylight(s),Low-Emissivity Windows,Solar Screens,Dual Pane,Mechanical Sun Shds

Appliance Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Water Purifier

SPA Above Ground,Heated,Private

Laundry Inside

Exterior

Exterior Feature Balcony, Private Yard

Parking Features RV Access/Parking, RV Gated, Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry, Temp Controlled

Garage Spaces 4.0

Carport Spaces 2

Garage Description 4.0

Fence Block, Wrought Iron

Pool Variable Speed Pump, Heated

Community Features Golf, Biking/Walking Path

Utilities Available APS

View City Lights, Mountain(s)

Roof Type Tile,Foam

Porch Covered Patio(s), Patio

Total Parking Spaces 4

Private Pool Yes

Building

Lot Description Corner Lot, Desert Back, On Golf Course, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Story 2

Builder Name Custom

Sewer Public Sewer, Sewer in & Cnctd

Water Pvt Water Company

Structure Type Balcony,Private Yard

New Construction No

Schools

Elementary Schools Cherokee Elementary School

Middle Schools Cocopah Middle School

High Schools Chaparral High School

School District Scottsdale Unified District

Others

HOA Name Camelback CC Estates

HOA Fee Include Maintenance Grounds

Senior Community No

Tax ID 174-36-090

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Horse Property N

Disclosures Agency Discl Req, Seller Discl Avail, Vicinity of an Airport

Possession Close Of Escrow

Listing Terms Cash, Conventional


Arizona Regional MLS (ARMLS)
Listed by DeLex Realty • Wendy Herst
Gedeon Ouffouet

Gedeon Ouffouet

Agent License ID: SA717693000

+1(480) 648-1793

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

7154 E Oakmont Drive