LKV Realty
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$19,800,000
$7,200Reward *
7155 E Oakmont Drive, Paradise Valley, AZ 85253Listing ID 6921213

7155 E Oakmont Drive, Paradise Valley, AZ 85253

Active
CAMELBACK COUNTRY CLUB
Time on site: 329 daysLast updated: Jun 5, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
5
Square Feet
Square Feet
8,006
Acres
Acres
0.97
Days on Site
Days on Site
327
Cooling
Cooling
Central Air, Ceiling Fan(s), Programmable Thmstat
Heating
Heating
Electric
Year Built
Year Built
1977
Garages
Garages
4
Parking
Parking
RV Access/Parking, RV Gate, Garage Door Opener, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry, Temp Controlled

Seller says bring all offers! 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 Home rental in Arizona with $51K in monthly rental revenue. This turnkey home's distinguished prior mid-term (multi-month) vacation rental 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 (even on their best day) 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 Operating Income (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: Within a corner lighted championship golf green (a green ocean) location, at the nexus of four different holes (Holes 3, 4, 15 and 16), this perched promontory 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. Unlike other homes in the neighborhood that do not have direct access to the golf course (without having to walk through the town's roads) in this Zen Retreat home you can take early morning, evening and night golf course walks straight from the master bedroom wing's sideyard door as if the golf course in the most expensive zip code was your own backyard of 10 acres, and your dogs will never ever have to see a leash again in your own personal golf course private park that also happens to be very near the new Ritz Carlton resort with America's longest swimming pool. Turnkey home has upgraded mobile app home automation systems (for security, HVAC, pool, landscaping), timeless finishes and cutting-edge features including Wolf & Thermador appliances, custom cedar, mahogany & aged cherry cabinetry, tumbled marble backsplashes, new PebbleTec pool with spa & outdoor shower, Marge Carson & Ralph Lauren furnishings, Master bedroom wing with true Finnish sauna room & skylight jacuzzi, temperature controlled surround showers, Travertine & Terracotta floors, textured Venetian stucco with chip-resistant bullnose wall corners, gourmet kitchen with warming drawers & large picture windows overlooking a championship golf green, remote-controlled Levolor shades in all 20 French glass doors & 32 picture windows, plantation shutters, enormous side yards and front yard with circular driveway with tallest palm trees in Paradise Valley, carport & outdoor surround sound, water features and four wood-burning brick fireplaces. 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 300 point-validation Airbnb Luxe status award, the highest possible Top 1% award, the Guest Favorite award, and the Gold Badge award. Location and cashflow are everything in real estate, and this home has both - the best location (with a distinctive regal Unicorn home on the best lot) and the resulting best cashflow as evident by the fact that it is the #1 rental.

Property Information

Property Details

Location

Address
7155 E Oakmont Drive
County
Maricopa
City
Paradise Valley
Zip Code
85253
Subdivision
CAMELBACK COUNTRY CLUB
School District
Scottsdale Unified District
High School
Chaparral High School
Elementary School
Cherokee Elementary School

Interior Features

Beds and Baths

Bedrooms
5

Building

Building Information

Square Feet
8,006
Year Built
1977
Construction
Stucco, Wood Frame, Painted, Slump Block
Roof
Tile, Foam
Builder Name
Custom

Financial

Special Conditions
N/A

Property Taxes

Tax Annual Amount
$5,391
Tax Year
2024

Homeowner Association

HOA Fee
$700
HOA Fee Frequency
Annually
DeLex Realty, (602) 910-3002

Market Report for 85253

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Arizona Regional MLS
Arizona Regional MLS logo

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

For corrections to this data please contact Brytecore MLS Support.

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