7155 E Oakmont Drive Paradise Valley, AZ $ 19,800,000
7155 E Oakmont Drive
$ 19,800,000
Open House 3/29 2pm - 5pm
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7155 E Oakmont Drive

Paradise Valley, AZ, 85253
$ 19,800,000
Bedrooms5 Baths4.1 Sq 8,006

Monthly Estimate*

$ 121,912

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Single Family Home for sale in Paradise Valley, AZ

for $19,800,000 with 5 bedrooms and 4 full baths, 1 half bath. This 8,006 square foot home was built in 1977 on a lot size of 0.97.

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 Rental in Arizona with $51K in monthly rental revenue. This turnkey home's distinguished prior 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, including the coveted Luxe status award, the highest possible Top 1% award, the Guest Favorite award, and the Gold Badge award.

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Open House

3/29/2026 2:00 PM - 5:00 PM
7155 E Oakmont Drive Paradise Valley, AZ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 19,800,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 5,391

Style

Residential

Lot Size

0.97

Year Built

1977

Town/City

Paradise Valley

County/Region

Maricopa

MLS | Web ID

6921213

Features
Interior
Interior Amenities 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 Je
Flooring Stone Tile
Fireplace Features Exterior Fireplace Family Room Master Bedroom
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Skylight(s) Low-Emissivity Windows Solar Screens Dual Pane Mechanical Sun Shds
Fireplace Y/N Y
Laundry Features Inside
Total Bedrooms 5
Total Baths 5
Bedrooms Possible 6
Built-in Microwave True
Kitchen Island True
Multiple Ovens True
Reverse Osmosis True
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General
Sewer Sewer in & Cnctd Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s) Programmable Thmstat
Possession Close Of Escrow
Roof Tile Foam
HOA Fee 700.0
Garage Spaces 4.0
Association Fee Includes Maintenance Grounds
Pool Features Variable Speed Pump Heated
Security Features Security System Owned
Construction Materials Stucco Wood Frame Painted Slump Block
Year Built 1977
View City Lights Mountain(s)
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Community Features Golf Biking/Walking Path
Assoc Fee Paid Per Annually
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Energy Efficient Multi-Zones
Subdivision Name CAMELBACK COUNTRY CLUB
Green Water Conservation Recirculation Pump
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions From Scottsdale Rd: West on Doubletree Ranch Rd. Left on 66th Pl. Left on Caballo Dr Left on Oakmont to home on left.
High School Chaparral High School
City Paradise Valley
Disclosures Agency Discl Req Seller Discl Avail Vicinity of an Airport
Association Name Camelback CC Estates
High School District Scottsdale Unified District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 42322.0
Carport Spaces 2.0
Carport Y/N N
Spa Features Above Ground Heated Private
Elementary School Cherokee Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5391.0
Home Warranty Y/N N
Middle/Junior High School Cocopah Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Custom
Standard Status Active
Occupancy Type Interim Occupant
Elementary School District Scottsdale Unified District
Tax Lot 96
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 58.33
New Financing Cash True
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Exterior
Exterior Amenities Balcony Private Yard
Fencing Block Wrought Iron
Parking Features RV Access/Parking RV Gate Garage Door Opener Circular Driveway Attch'd Gar Cabinets Side Vehicle Entry Temp Controlled
Lot Features Corner Lot Desert Back On Golf Course Grass Front Grass Back Auto Timer H2O Front Auto Timer H2O Back
Water Source Pvt Water Company
Lot Size Area 42322.0
Spa Y
Lot Size Acres 0.97
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 6.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7155
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* Excluded Features
List By
Delex Realty

Broker

wendy@wendyherst.com

Email

Affordability Calculator

$122,361
Per Month
100%
0%
0%
Monthly Principal & Interest
$121,912
Monthly Property Taxes
$449
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4327174 Elementary School
4327089 Middle School
Chaparral High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2026$9,800,000 -17.65% Price Down
9/18/2025$11,900,000 Listed Price

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7155 E Oakmont Drive, Paradise Valley, AZ, 85253 is a Single Family Home for sale at $19,800,000 with 8,006 sqft and a lot size of 0.97. 7155 E Oakmont Drive has 5 bedrooms, 4.1 baths, and was built in 1977. The property's zip code is 85253 which is in Paradise Valley, AZ