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5516 E Morrison Lane, Paradise Valley, AZ 85253
$7,950,000
5516 E Morrison Lane, Paradise Valley, AZ 85253View this property at 5516 E Morrison Lane, Paradise Valley, AZ 85253
5516 E Morrison LaneParadise ValleyAZ85253
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Property Description
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.
Full Property Details
Full Property Details for 5516 E Morrison Ln
General
- Price: $7,950,000
- Taxes: $14,543 (2022)
- Status: Active
- Type: Single Family
- MLS ID: 6611750
- Updated: 4/15/2024
- Added to Site: 205 day(s) ago
Interior
- Interior Features: Other, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Drinking Water Filter System, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home
- Fireplace: Yes
- Fireplace(s): 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
- Flooring: Carpet, Stone
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: None
- Pool: Yes
- Pool Description: Heated, Private
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Other, Balcony, Circular Drive, Covered Patio(s), Patio, Private Yard, Built-in Barbecue
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- 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
Location
- County: Maricopa
- Township: 2N
- Subdivision: EL DORADO ESTATES
- Cross Streets: N Tatum Blvd and E Roadrunner Rd
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Cooling Type: Refrigeration
- Heating Type: Natural Gas
Utilities
- Sewer: Sewer in & Cnctd, Public Sewer
- Water: City Water
- Utility Description: SW Gas
Structural Information
- Architectural Style: Other (See Remarks), Spanish, Santa Barbara/Tuscan,
- Builder: Dave Hansen
- Exterior Const.: See Remarks, Painted, Stucco
- Roof: Tile
- Windows: Mechanical Sun Shds, Wood Frames, Double Pane Windows, Low Emissivity Windows
- Square Feet: 8,074
- Sq. Ft. Source: Architect
- Living Area: 8,074 Sq. Ft.
- Year Built: 2000
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: City Lights, Mountain(s)
- Lot Size (Acres): 1.01
- Lot Size (Sq. Ft.): 44,064
- Lot Size Source: Assessor
- Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Green Features
- Energy Efficient: Multi-Zones
Financial Considerations
- Tax Amount: $14,543
- Tax Year: 2022
- Terms: Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Buyer/Broker Compensation Available: Yes
- Ownership: Fee Simple
- Documents Avail.: Unbranded Floorplan
- Legal Description: LOT 6 EL DORADO ESTATES MCR 017426
- Property ID: 169-06-057
- Range: 4E
- Section: 5
- Lot Number: 6
Listed by Retsy
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Schools
Schools serving 5516 E Morrison Ln
School District:Scottsdale Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
6911 E McDonald Dr, Paradise Vly, AZ 85253 | K-5 | 2.5 mi | |
8490 E Jackrabbit Rd, Scottsdale, AZ 85250 | 6-8 | 4.4 mi | |
6250 N 82nd St, Scottsdale, AZ 85250 | 9-12 | 3.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5516 E Morrison Ln
Date
Details
Price
Change
Source
4/15/2024
Price Reduced
$7,950,000
-5.92%
MLS
3/26/2024
Price Reduced
$8,450,000
-4.52%
MLS
10/05/2023
Listed
$8,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5516 E Morrison Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,186
4%
$437,560
41%
2022
$14,543
—
$309,510
19%
2022
$14,543
-6%
$259,350
6%
2021
$15,498
1%
$244,950
1%
2020
$15,395
4%
$242,630
7%
2019
$14,843
4%
$227,420
6%
2018
$14,269
4%
$214,410
9%
2017
$13,685
2%
$196,820
—
2016
$13,386
6%
$197,780
—
2015
$12,670
1%
$197,780
11%
2014
$12,551
7%
$178,150
23%
2013
$11,680
—
$144,730
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5516 E Morrison Ln
5516 E Morrison Lane, Paradise Valley, AZ 85253 (MLS# 6611750) is a Single Family property with 5 bedrooms and 0 full bathrooms. 5516 E Morrison Lane is currently listed for $7,950,000 and was received on October 05, 2023. Want to learn more about 5516 E Morrison Lane? Do you have questions about finding other Single Family real estate for sale in Paradise Valley? You can browse all Paradise Valley real estate or contact a Coldwell Banker agent to request more information.