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Courtesy of Platinum Realty Network {attribution_contact}
Description
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.
Property Details and Features
Appliances & Equipment
- “Dryer”
- “Washer”
- “Dishwasher”
- “Disposal”
- “Gas Cooktop”
Bathrooms
- 5 total bathrooms
Bedrooms
- 6 total bedrooms
Building
- Built in 1972
- Architectural style: “Santa Barbara/Tuscan”
- Living area: 5253
- Construction materials: “Stucco”, “Wood Frame”, “Painted”, “Stone”
- Other structures: “Gazebo”
Cooling
- “Central Air”
- “Ceiling Fan(s)”
Exterior Features
- “Private Pickleball Court(s)”
- “Private Yard”
- “Sport Court(s)”
- “Storage”
- “Built-in Barbecue”
Fence
- “Block”
Fireplaces
- “Fire Pit”
- “Exterior Fireplace”
- “Family Room”
- “Gas”
Floors
- “Carpet”
- “Vinyl”
- “Tile”
Garage
- 3 spaces
Heating
- “Natural Gas”
Home Owner’s Association
- Association fee includes: “No Fees”
Interior Features
- “Walk-in Pantry”
- “High Speed Internet”
- “Granite Counters”
- “Double Vanity”
- “Eat-in Kitchen”
- “9+ Flat Ceilings”
- “No Interior Steps”
- “Kitchen Island”
- “Full Bth Master Bdrm”
- “Separate Shwr & Tub”
- “Tub with Jets”
Laundry
- “Inside”
Listing
- Listing ID: 6864517
- Standard status: Active
- 333 days on market
Location
- Subdivision name: SHEA NORTH ESTATES 2
Lot
- 0.59 acres
- 25,495 sqft
- “Borders Common Area”
- “East/West Exposure”
- “Gravel/Stone Front”
- “Gravel/Stone Back”
- “Grass Front”
- “Grass Back”
- “Synthetic Grass Back”
Parking
- “RV Gate”
- “Garage Door Opener”
- “Direct Access”
- “Side Vehicle Entry”
Pool
- “Variable Speed Pump”
- “Heated”
Possession
- “Close Of Escrow”
Roof
- “Tile”
Schools
- Elementary school: Desert Shadows Elementary School
- High school: Horizon High School
- High school district: Paradise Valley Unified District
Security Features
- “Fire Sprinkler System”
Sewer
- “Public Sewer”
Taxes
- Annual amount: $4,749
- Lot: 114
Windows
- “Dual Pane”
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This content last updated on April 10, 2026 00:13. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.