Paradise Valley is teeing up one of its priciest spec plays yet: a roughly 14,100‑square‑foot, $30 million estate planned for a rare flat lot with head‑on Camelback Mountain views at 5719 E Indian Bend Road. The proposed compound piles on nine bedrooms, a 14‑car garage and resort‑style extras that read more like a boutique hotel than a single‑family home, from a private theater and golf simulator to two full‑size pools and a pickleball court. Listing materials peg the project to break ground in Summer 2026.
What Is Planned For The Lot
According to listing materials carried on broker sites like Coldwell Banker, the spec build teams up architect Matt Thomas, interior designer Lauren Wallace and Berghoff Design. Plans call for 10 full bathrooms and three half baths, dual chef's kitchens, a wellness suite with sauna and cold plunge, and a full fitness center. The layout also envisions a detached two‑bedroom guest house, ensuite staff quarters, a private theater and golf simulator. Outside, the wish list stretches to two full‑size pools, a pickleball court and broad, event‑scale lawns.
Who Is Marketing The Project
The property is listed by Frank DiMaggio of The Agency Scottsdale, whose local team leans heavily into luxury and development‑driven projects across the Valley. The Agency's Scottsdale site highlights DiMaggio's development background, and the listing is syndicated across broker portals under MLS #7012317. Broker pages such as Coldwell Banker mirror the marketing copy and core details of the offering.
Where This Fits In The Market
The project arrives as Paradise Valley's trophy segment keeps tightening, with recent eight‑figure closings and lightning‑fast turnarounds nudging builders toward ever more ambitious specs. A two‑day, $16 million palace sale this spring underscored how quickly top‑tier product can move, and Phoenix Business Journal has been tracking a stream of other high‑end deals and fresh builds in recent weeks. The lot at 5719 E Indian Bend last changed hands in July 2025 for about $5.1 million, according to MLS price history on Realtor.com, a reminder of how much value developers aim to unlock with finished, amenity‑heavy estates.
Timeline And Permits
Public permit records and broker summaries show a residential demolition permit tied to the parcel was filed in January 2025, clearing out older improvements and paving the way for new construction. Market copy syndicated to portals and summarized on Redfin lists "Breaking ground Summer 2026" and a 2026 build target. If that timeline holds, heavy site work could kick off later this year and add one more headline super‑spec to the Camelback corridor.
