602-493-5100
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PRICE $2,750,000 dsIDX morgage calculator
BEDS 5
BATHS 5
HOME SIZE 5,253 sqft
LOT SIZE 25,701 sqft

This expansive property offers approximately 6,700 sq ft under roof, including generous covered patios & outdoor living areas, with 4,029 sq ft of beautifully finished interior living space designed for both luxury and function. Boasting 6 bedrooms, bonus room, & 5 bathrooms, offering both luxurious living & strong income potential. Currently operated as a highly successful short-term rental (Turnkey Scottsdale STR with 34.9% ROI & Proven Cash Flow) via Airbnb & VRBO & the like, it's ideal for investors or future homeowners seeking an entertainer's dream home. The show-stopping backyard rivals any resort, featuring a custom-designed pool with rock waterfall & slide, an elevated spa, & in-water loungers beneath a sun umbrella. Enjoy an evening under the stars in the sunken fire pit loung grill in the outdoor kitchen with built-in fireplace Ramada, or take a swing on your private pickleball/basketball court. Practice your short game on the putting green with chipping mat, all surrounded by lush landscaping & mature trees for privacy & comfort. Oh & don't walk past the lemon tree or grapefruit tree. Inside, the home showcases Brazilian hand-scraped wood floors, travertine stone, soaring ceilings, recessed lighting & a warm, neutral palette. The chef's kitchen is a standout with granite counters, Sub-Zero appliances, prep island, & solid alder wood cabinetry. Entertain in the formal dining room with tray ceilings, or gather around the cozy stone fireplace in the living room. The bonus room is perfect for a home theater, playroom, or guest space. Additional highlights include: Electric vehicle wall charger in the 3-car garage RV gate Stone-accented façade & paver drive Zoned for flexibility & comfort 2 sets of Washers & Dryers Whether you're looking for an income-producing gem or a dream forever home, this estate offers the best of Arizona indoor-outdoor living. Gain your access today! Inside, the home showcases Brazilian hand-scraped wood floors, travertine stone, soaring ceilings, recessed lighting, and a warm, neutral palette. The chef's kitchen is a standout with granite counters, Sub-Zero appliances, prep island, and solid alder wood cabinetry. Entertain in the formal dining room with tray ceilings, or gather around the cozy stone fireplace in the living room. The bonus room is perfect for a home theater, playroom, or guest space. Exceptional short-term rental opportunity in Scottsdale's premier neighborhood! This luxury 6-bedroom property generates over $287K in annual revenue with a 51% occupancy rate and includes a property management team in place. With a cap rate of 6.0%, cash-on-cash returns of 2.6%, and total ROI near 35%, this is an ideal investment for seasoned or aspiring STR owners.

DAYS ON MARKET 138 LAST UPDATED 7/3/2025
TRACT SHEA NORTH ESTATES 2 YEAR BUILT 1972
COMMUNITY SHEA NORTH ESTATES 2 GARAGE SPACES 3.0
COUNTY Maricopa STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Desert Shadows Elementary School
Jr. High School Desert Shadows Middle School
High School Horizon High School

PRICE HISTORY
Prior to Jul 3, '25 $2,900,000
Jul 3, '25 - Today $2,750,000


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Gas Cooktop, Washer
CONSTRUCTION Frame, Stone, Stucco
EXTERIOR Barbecue, Built-in Barbecue, Other, Private Yard, Storage
FIREPLACE Yes
GARAGE Yes
HEAT Natural Gas
INTERIOR Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island
LOT 0.59 acre(s)
PARKING Garage Door Opener, Direct Access, Garage Faces Side
POOL Yes
POOL DESCRIPTION Heated, Private
SEWER Public Sewer
STORIES 1
STYLE Santa Barbara/Tuscan
SUBDIVISION SHEA NORTH ESTATES 2
TAXES 4749
UTILITIES Cable Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Data last updated 9/21/25 5:40 AM PDT.

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