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PRICE $2,750,000 BEDS 7 BATHS 6 HOME SIZE 4,061 sqft LOT SIZE 12,197 sqft Request More Info Schedule a Showing

Step into luxury and sophistication with this completely renovated Old Town Scottsdale Estate, meticulously crafted as the ultimate vacation rental experience. Boasting over $250,000 in upgrades and a string of future bookings, this 7-bedroom, 6.5-bathroom haven sprawls over 4,061 square feet, promising a retreat like no other. The main house has undergone a stunning transformation, with a total gutting that gave rise to a brand new 2-bedroom, 1.5-bathroom Casita/Pool House addition. The jewel of the property is the newly installed $250,000 pool, featuring a swim-up bar and a charming ramada, creating an oasis of relaxation and entertainment. Your guests will be enchanted by the thoughtfully designed Bocce court and a rooftop patio, providing panoramic views of the surrounding surrounding beauty. The estate is not only a testament to luxury but also to functionality, with a 3-car RV garage equipped with HVAC for the most discerning automobile enthusiasts. The property boasts new gas, new electric, and new A/C systems, all fully permitted and approved by the City, ensuring the utmost safety and compliance. With over $900,000 invested in improvements, this property is a savvy investor's dream. A significant bonus lies in its placement on a high-density R5 Multi-Family lot, with the option to expand the investment by acquiring the adjacent R5 lot, also available for sale. Imagine the potential - up to 6 units with a 36' height allowance per lot, making it a fantastic cash-flow investment opportunity. But the possibilities don't end there. Consider the potential for adding air streams, tiny homes, or additional amenities on the neighboring lot, elevating the income potential even further. This property offers multiple options for smart investment strategies. The allure of this estate is undeniable, backed by a bank appraisal of $2.9 million as of December 19, 2023. Don't miss out on the chance to own a piece of Scottsdale's most sought-after real estate - a must-see for those with an eye for luxury, investment acumen, and an appreciation for the finer things in life.