$4,200,000 - 8031 N 54th Street, Paradise Valley

INCREDIBLE OPPORTUNITY - INCOME GENERATING! Currently in use as short term rental. A ''Guest Favorite'' w/ 4.88 stars! Can offset costs while designing and permitting your new home! Stretched over 1.72 acres in the heart of Paradise Valley, this 5-bed, 6-bath, 5,368 sq ft distinctive red brick residence borders the Paradise Valley Mountain Preserve and boasts exceptional privacy and what feels like your own private peak of Mummy Mountain. Set well back from the road with a long, dramatic driveway and surrounded by lush desert flora—African sumacs, mesquites, eucalyptus, a 50-ft palm—this classic home is enveloped by the mountain and offers circumferential VIEWS that include the Phoenix Mountain Preserve, city lights, and Mummy Mountain all around you. The great room features 15' beamed ceilings, 8' French doors, white tile floors, and a towering river-stone fireplace. Entertain in the upstairs dark wood flex suite with 12' ceilings and bar, or unwind in the primary suite with glass-walled shower looking directly onto your own mountainside. A rare opportunity to enjoy a livable home today or reimagine a spectacular hillside estate on one of Paradise Valley's most naturally stunning lots.