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About This Home

This 4-bedroom, 3-bathroom single family at 5057 E SKY DESERT Lane in Paradise Valley, AZ is listed for $7,999,999 ($1,417 per sqft). Built in 1976, the home offers 5,645 sqft of living space on a 2.82 acres lot.

Agent Description

Possibly the finest remaining homesite in all of Paradise Valley. Set on just under three acres of flat, buildable land, this extraordinary property offers sweeping mountain views, exceptional privacy, and a setting rarely found in today's market. A mature perimeter hedge creates a secluded estate environment, while the expansive grounds provide endless possibilities for a future world-class compound.

Located in one of the most desirable areas of Paradise Valley, the property combines tranquility with proximity to the Valley's best dining, resorts, and shopping. An existing residence on the property has been tastefully remodeled and is highly livable, offering immediate enjoyment while future plans are developed.

The home could easily be expanded or reimagined though the true value lies in the land itself -- presenting a rare opportunity to build a legacy estate on what may be one of the most exceptional lots currently available in Paradise Valley. Matt Thomas drawings available on request.

Key Features

  • Built in 1976
  • 2.82 acre lot
  • 2 stories
  • Private pool
  • Fireplace

Property Details

2 stories
3 full
1976

Amenities

PoolFireplaceA/C

Monthly Cost Estimate

$42,786/mo

20% down · 6.5% · 30 years

Principal$5,786
Interest$34,667
Insurance$2,333

Estimates only. Actual payments may vary.

Location

5057 E SKY DESERT Lane

Paradise Valley, AZ 85253

Metes and Bounds

Features & Amenities

Interior Features

Walk-in PantryHigh Speed InternetMaster DownstairsEat-in KitchenVaulted Ceiling(s)Wet BarKitchen IslandPantryFull Bth Master Bdrm

Exterior Features

Private YardBuilt-in Barbecue

Property Details

Flooring

TileWood

Construction

Stucco Wood Frame Painted

Pool Features

Patio

Parking

OpenDriveway

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DryerWasherRefrigeratorBuilt-in MicrowaveDishwasherDisposalGas RangeGas OvenGas CooktopWater Purifier

Questions & Answers

This 4-bedroom, 3-bathroom single family at 5057 E SKY DESERT Lane is listed at $7,999,999 ($1,417/sqft). The estimated monthly payment is $34,667 based on 20% down at 6.5% interest.

Key features include: Built in 1976, 2.82 acre lot, 2 stories, Private pool, Fireplace. Interior Features: Walk-in Pantry, High Speed Internet, Master Downstairs. Exterior Features: Private Yard, Built-in Barbecue.

This property is listed by Frank Dimaggio and can be reached at 6024692554 or frank@theagencyfrank.com.

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FD

Frank Dimaggio

Agent at The Agency

(602) 469-2554

Listed by The Agency

MLS# 6995406· Source: listhub· Updated 57 days ago

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5057 E SKY DESERT Lane, Paradise Valley, AZ 85253

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