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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) 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 lounge, 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! 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 a solid investment for seasoned or aspiring STR owners.
| DAYS ON MARKET | 253 | LAST UPDATED | 1/8/2026 |
|---|---|---|---|
| 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 |
| 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 - Oct 2, '25 | $2,750,000 |
| Oct 2, '25 - Oct 31, '25 | $2,710,000 |
| Oct 31, '25 - Nov 25, '25 | $2,650,000 |
| Nov 25, '25 - Jan 8, '26 | $2,490,000 |
| Jan 8, '26 - Today | $2,480,000 |
| 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 |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Santa Barbara/Tuscan |
| SUBDIVISION | SHEA NORTH ESTATES 2 |
| TAXES | 4749 |
| UTILITIES | Cable Available |
| WATER | Public |
| SATELLITE VIEW |
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This IDX solution is (c) Diverse Solutions 2026.