5516 E Morrison Lane Paradise Valley, AZ $ 7,950,000
5516 E Morrison Lane
$ 7,950,000
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5516 E Morrison Lane

Paradise Valley, AZ, 85253
$ 7,950,000
Bedrooms5 Baths8.0 Sq 8,074

Monthly Estimate*

$ 52,838

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Single Family Home for sale in Paradise Valley, AZ

for $7,950,000 with 5 bedrooms and 8 full baths. This 8,074 square foot home was built in 2000 on a lot size of 1.01.

An authentic Italian villa-style home in Paradise Valley stands as a masterpiece of architecture and design. This majestic property, nestled in the heart of the Sonoran Desert, harmoniously blends classic Italian elegance with the distinctive desert landscape. The home's exterior, characterized by rustic stone facades and terracotta roof tiles, evokes the timeless charm of Tuscany. Verdant gardens with native plants, cypress trees and cascading bougainvillea surround the home, creating a serene oasis. As one enters through the private wrought-iron gates, a beautiful stone driveway leads to the grand motor court arrival experience. The foyer opens to an expansive living space with high, coffered and beamed ceilings. Oversized custom windows and doors leading to multiple covered patio and balcony spaces ensure great natural light and seamless indoor to outdoor living throughout this residence. The heart of the home is the gourmet kitchen, equipped with very high-end appliances, custom cabinetry and a large island, perfect for entertaining. An adjoining family room with grand fireplace offers a cozy retreat. The residence boasts multiple bedrooms, each with en-suite bathrooms featuring highly detailed fixtures and finishes, recalling the luxury of Italian design. The property includes a serene infinity pool, blending seamlessly with the horizon, and a plethora of gardens and mature trees, providing both privacy and a connection to nature. This amazing residence is more than just a home;; it's a piece of art, offering an unparalleled blend of luxury, comfort and the beauty of the Arizona landscape.

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Single Family Pending

Price

$ 7,950,000

Bedrooms

5

Full Bath

8

Property Type

Single Family

Taxes

$ 14,543

Style

Spanish,Santa Barbara/Tuscan

Lot Size

1.01

Year Built

2000

Town/City

Paradise Valley

County/Region

Maricopa

MLS | Web ID

6611750

Features
General
Interior Features Other Master Downstairs Eat-in Kitchen Breakfast Bar Drink Wtr Filter Sys Vaulted Ceiling(s) Kitchen Island Pantry Double Vanity Full Bth Master Bdrm Separate Shwr & Tub Tub with Jets High Speed Inte
Sewer Sewer in & Cnctd Public Sewer
Heating Natural Gas
Cooling Refrigeration
Possession By Agreement Close Of Escrow
Roof Tile
Exterior Features Other Balcony Circular Drive Covered Patio(s) Patio Private Yard Built-in Barbecue
Garage Spaces 4.0
Association Fee Includes No Fees
Architectural Style Other (See Remarks) Spanish Santa Barbara/Tuscan
Pool Features Heated Private
Security Features Security System Owned
Construction Materials See Remarks Painted Stucco
Year Built 2000
View City Lights Mountain(s)
Township 2N
Property SubType Single Family - Detached
Tax Year 2022
Percent Ownership Fee Simple
Accessibility Remote Devices
County Maricopa
Property Type Residential
Association Amenities None
HOA / Comm Assn N
Attached Garage N
Energy Efficient Multi-Zones
Subdivision Name EL DORADO ESTATES
Possible Use None
Other Structures Guest House
Total Rooms 0
Special Listing Conditions N/A
Status Pending
Directions At Tatum and E Roadrunner go east on Roadrunner short left onto 56th St then right onto E Morrison Lane follow to private gated home at 5516.
High School Saguaro High School
City Paradise Valley
Buyer Agent Compensation 3.00
Disclosures Agency Discl Req Seller Discl Avail
View Y/N Y
High School District Scottsdale Unified District
Open Parking Spaces 8.0
Lot Size Units Square Feet
Lot Size Square Feet 44064.0
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Street Name Morrison
Spa Features Heated Private
Elementary School Kiva Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 14543.0
Home Warranty Y/N N
Middle/Junior High School Mohave Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 208
Builder Name Dave Hansen
Standard Status Pending
Occupancy Type Owner
Elementary School District Scottsdale Unified District
Tax Lot 6
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Senior Community N
Ttl Monthly Fee Equiv 0.0
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Interior
Flooring Carpet Stone
Fireplace Features 3+ Fireplace Exterior Fireplace Family Room Living Room Master Bedroom Gas
Total Stories 1
Window Features Mechanical Sun Shds Wood Frames Double Pane Windows Low Emissivity Windows
Fireplace Y/N Y
Street Suffix Lane
Total Bedrooms 5
Electric On Property Y/N Y
Total Baths 8
Bedrooms Possible 7
Built-in Microwave True
Cook Top Gas True
Kitchen Island True
Pantry True
Range/Oven Gas True
Walk-in Pantry True
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Exterior
Fencing Block
Parking Features Attch'd Gar Cabinets Dir Entry frm Garage Electric Door Opener Extnded Lngth Garage Over Height Garage Separate Strge Area Side Vehicle Entry Temp Controlled
Lot Features Sprinklers In Rear Sprinklers In Front Desert Front Cul-De-Sac Synthetic Grass Back Auto Timer H2O Front Auto Timer H2O Back
Water Source City Water
Lot Size Area 44064.0
Spa Y
Lot Size Acres 1.01
Lot Size Source Assessor
Covered Spaces 4.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5516
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* Excluded Features
List By
Retsy

Broker

julierohr@gmail.com

Email

Affordability Calculator

$54,050
Per Month
98%
2%
0%
Monthly Principal & Interest
$52,838
Monthly Property Taxes
$1,212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328163 Elementary School
4327976 Middle School
Saguaro High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$7,950,000 -5.92% Price Down
3/26/2024$8,450,000 -4.52% Price Down
10/1/2023$8,850,000 Listed Price

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5516 E Morrison Lane, Paradise Valley, AZ, 85253 is a Single Family Home for sale at $7,950,000 with 8,074 sqft and a lot size of 1.01. 5516 E Morrison Lane has 5 bedrooms, 8.0 baths, and was built in 2000. The property's zip code is 85253 which is in Paradise Valley, AZ