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Luxury spec home lists for $6.88M in Paradise Valley

Monday, January 9, 2023   /   by Juan Grimaldo

Luxury spec home lists for $6.88M in Paradise Valley

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A spec home currently under construction in Paradise Valley has just listed for $6.99 million.

The 6,122-square-foot home at 9012 N. 53rd St. features five bedrooms and 5.5 baths. Construction is expected to be completed this summer.

Developing the property is Scottsdale-based MP Design & Development, founded by luxury agents Patrick Niederdrenk and Maximilian de Melo.

They already have six other spec homes under contract in Paradise Valley, said Niederdrenk, who co-founded America One Luxury Real Estate with de Melo.

Jonathan Leaman, who joined America One Luxury Real Estate as managing partner a year ago, teamed up with the duo to list the last of the seven spec homes.

Niederdrenk said he and de Melo have developed more than 20 spec homes over the past five years throughout the Valley.

Over the past few years, the duo has been finding old homes in nice neighborhoods and razing the properties to build fresh.

To continue reading, click here

By Angela Gonzales - Senior Reporter, Phoenix Business Journal 





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The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346

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