Mediterranean home in Paradise Valley, AZ
This Mediterranean home in Paradise Valley, AZ offers 7 bedrooms and 8 bathrooms across 9,336 square feet. Its Mediterranean character defines the property's look.
| Price | $6,749,000 |
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| Beds | 7 |
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| Baths | 8 |
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| Sqft | 9336 |
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| Architectural style | Mediterranean (68% match) |
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| Address | 5315 E PARADISE CANYON Road, Paradise Valley, AZ 85253 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little under the area.
- At $6.7M, this home is 4% below the $7M median for 120 similar Mediterranean homes in Paradise Valley, AZ.
- That works out to $723 per square foot, 23% below the $940 comparable rate.
- On the market 97 days, which is a long time; sellers are often flexible at this point.
- The asking price has already been cut about 4%, a sign the seller is motivated.
| This home | $6,749,000 |
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| Mediterranean median in Paradise Valley, AZ | $6,995,000 (120 homes) |
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| Price per sq ft | $723 vs. $940 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $42,960/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,841,136 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $36,942/mo |
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| Property tax (new-buyer reassessed rate) | $3,487/mo |
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| Homeowners insurance | $2,531/mo |
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| Total monthly | $42,960/mo |
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| Down payment (20%) | $1,349,800 |
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| Income needed | $1,841,136/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (84 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (84/100) |
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| Beats renting in | 57% of modeled paths |
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| Modeled 5-yr equity (median) | $4,761,711 |
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| Range (10th to 90th pct) | $3,248,494 to $6,608,890 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow