10040 E Happy Valley Rd #5
Scottsdale, AZ 85255
$3,999,799
Est. Mortgage $19,508/mo Get Pre-Qualified

10040 E Happy Valley Rd #5
Scottsdale, AZ 85255

  • 5 beds
  • 6 baths
  • 11,786 sqft
  • 2.28 acres lot size
  • Single-Family Home
For Sale
$3,999,799
Est. Mortgage $19,508/mo Get Pre-Qualified
10040 E Happy Valley Rd #5
  • 43
  • See the local terrain and how close this home is to parks and main streets.

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  • Take a virtual walk around the neighborhood.

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  • 1 Elementary School

    2 Middle Schools

    1 High School

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  • Lowest crime relative to the rest of Maricopa county.

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  • 97% of residents commute by car.

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  • 2 Restaurants

    1 Shopping

    2 Arts & Entertainment

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  • Get a feel for the community.

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For Sale

Home Details

Overview
  • Single-Family Home
  • 5 Beds
  • 6 Baths
  • Built in 1991
  • 394 days on Trulia
  • 2.28 acres lot size
  • 11,786 sqft
  • $339/sqft
  • 960 views
  • $1,225/monthly HOA
Description

DISTINCTIVELY UNIQUE!!! Masterpiece of design by Bob Bacon, distinctively remodeled to reflect the desires of today's buyer and offering superior quality and the finest of finishes throughout. This one of a kind masterpiece, situated on 2.25+ acres of Sonoran Desert is private and secluded, with expansive city light and mountain views. Spacious living areas include living room with dramatic wall of windows, dining room with temperature controlled wine storage, gourmet kitchen and adjacent family room, 5 bedrooms including a 1,600 sqft 2 bdrm guest house, office,ATHLETE'S ATELIER ROOM with Golf simulator and bar seating. Expansive outdoor living with heated pool and spa. Oversized 5-car garage and spacious circular motor court. A timeless estate! Desert Highlands amenities include a Jack Nicklaus championship golf course, 18-hole putting course, newly designed clubhouse, state of the art fitness center, Highlands Racquet Club & more. Buyer to pay $75,000 membership fee to Desert Highlands HOA at close of escrow.

Features
LISTING INFORMATION
Updated: 02/01/2018
  • 5 Bedrooms
  • 6 Bathrooms
  • Single-Family Home
  • 11,786 Square Feet
  • Lot Size: 2.28 acres
  • Barbeque Area
  • Garage
  • Gated Entry
  • Patio
  • Pool
  • Security System
  • Skylight
  • Sprinkler System
  • Tennis Court
  • Vaulted Ceiling
  • View
  • Wet Bar
  • Dishwasher
  • Refrigerator
  • Microwave
  • Fireplace
  • Assigned Parking Space
  • Heating Fuel: Gas
  • Heating: Other
  • Exterior: Stone,Stucco
  • Floors: Hardwood
  • Rooms Type: Library, Walk-in Closet
  • Luxury
  • MLS/Source ID: 5549855
PUBLIC RECORDS
Updated: 03/01/2017
  • 6 Bathrooms
  • Single-Family Home
  • 10,208 Square Feet
  • Lot Size: 2.28 acres
  • Pool
  • Heating: Yes
  • Cooling System: Refrigeration
  • Exterior: Rock, Stone
  • Parking: Garage
  • Roof: Built-up
  • Property Type: Single Family Residential
  • Subdivision Name: DESERT HIGHLANDS PHASE 1
Price History
Date
Price
Event

12/08/2017
$3,999,799
Price change
Price Change
-$399,501 (-9.08%)
Source
Russ Lyon Sotheby's International Realty

07/09/2017
$4,399,300
Posting removed

01/20/2017
$4,399,300
Listed for sale

09/10/2015
$3,195,000
Posting removed

07/10/2015
$3,195,000
Listed for sale

05/01/2015
$3,195,000
Posting removed

04/23/2015
$2,600,000
Sold
Recording Date
04/23/2015
Contract Date
04/23/2015
Sale Price
$2,600,000
Price Type
From recorded Affidavit of Value or Verified.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
Special Warranty Deed

03/19/2015
$3,195,000
Pending

12/04/2013
$3,195,000
Price change
Price Change
-$800,000 (-20.03%)
Source
Russ Lyon Sotheby's International Realty

07/25/2013
$3,995,000
Price change
Price Change
-$4,000 (-0.1%)
Source
Russ Lyon Sotheby's International Realty

07/21/2013
$3,999,000
Price change
Price Change
-$1,000 (-0.03%)
Source
Russ Lyon Sotheby's International Realty

05/10/2013
$4,000,000
Listed for sale

03/13/2013
$4,000,000
Posting removed

12/06/2011
$4,000,000
Listed for sale

03/02/2011
$4,995,000
Posting removed

02/18/2011
$4,995,000
Listed for sale

02/17/2011
$4,995,000
Posting removed

12/05/2010
$4,995,000
Posting removed

12/04/2010
$4,995,000
Listed for sale

01/31/2009
$4,995,000
Price change
Price Change
-$1,000,000 (-16.68%)
Source
Homes & Land

09/20/2008
$5,995,000
Listed for sale

05/22/2008
$5,995,000
Posting removed

03/31/2008
$5,995,000
Listed for sale


Price Trends
Real Estate Trends
Average Listing Price for 85255
$1,173,271
71% below listing price
Median Sale Price for 85255
$635,000
84% below listing price
Average Sale price/sqft for 85255
$242/sqft
29% below listing price/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
3.75
Single-Family Home
$3,000,000
08/28/17
-
7.75
6,535
1.34
Single-Family Home
$3,000,000
08/29/17
-
6
7,463
0.3
Single-Family Home
$3,780,000
06/08/17
-
6.5
5,967
1.2
Single-Family Home
$3,500,000
06/26/17
-
7.75
7,104
2.14
Single-Family Home
$3,900,000
01/12/18
-
8
6,517
2.67
Single-Family Home
$3,200,000
05/25/17
-
6.5
6,164
3.07
Single-Family Home
$3,100,000
08/28/17
-
5.75
5,912
3.11
Single-Family Home
$3,000,000
11/17/17
-
7.5
7,298
3.36
Single-Family Home
$2,975,000
11/09/17
-
6.5
6,582
1.46
Single-Family Home
$3,337,950
08/22/17
-
5.75
6,039

Contact Info


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