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Sold for $4,000,000
  • $4,000,000

    10040 E Happy Valley Road #27, Scottsdale, AZ 85255

    4beds
    5baths
    6,469sqft
    Single Family Residence
    Built in 1988
    0.97 Acres Lot
    $4,734,400 Zestimate®
    $618/sqft
    $19,044 Estimated rent

    Home value

    $4,734,400

    $4.21M - $5.44M

    $19,044/mo

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    What's special

    Nestled within the prestigious Desert Highlands, a community lauded by Forbes as one of the Top 20 most exclusive golf and country clubs in the U.S., lies a home that embodies modernity, casual elegance, and Southwest integrity. This residence sprawls across almost 1 acre of land, offering an unparalleled living experience amidst the breathtaking Arizona landscape. As you step into the foyer, you are greeted by an abundance of natural light that fills the living room, creating an inviting ambiance that beckons you to explore further. The gas fireplace features a marble surround and emanates warmth and sophistication. Panoramic vistas extend from this vantage point, encompassing the inviting pool area and the expanse beyond. This residence boasts two Principal suites on ... MORE the upper level, each with its own private balcony providing awe-inspiring views that sweep from majestic Pinnacle Peak to the mesmerizing city lights. Downstairs an additional two spacious bedroom suites await, one boasting a separate entrance and an adjoining office area, offering versatility and convenience to suit any lifestyle. Throughout the residence, solid hardwood floors underfoot accentuate the elegance and timeless charm of the home. The heart of the property lies in its Chef's kitchen, meticulously designed with leathered granite counters and a spacious center island. Top-of-the-line appliances include a steam oven, a second oven, a subzero refrigerator, and separate beverage drawers, while the Wolf range and convection cooktop cater to even the most discerning culinary enthusiasts. The adjoining eat-in kitchen and formal dining area provide the perfect settings for intimate gatherings or extravagant celebrations, each evoking a sense of comfort. Entertainment reaches new heights in the dedicated theater room, where a cinematic experience awaits. For those seeking more leisurely pursuits, the large family room offers a haven of relaxation and amusement. Complete with a wet bar, a 900-bottle wine cellar, an ice maker, and a dishwasher, this area is an entertainer's dream. Pocket doors seamlessly blend the indoors with the outdoors, opening up to the meticulously designed backyard oasis. Unwind in the splendor of your private resort-style sanctuary. The covered patio beckons you to savor al fresco dining, while the barbecue area invites you to unleash your culinary prowess. As the sun sets over the horizon, the fire feature casts a warm glow, complementing the soothing sound of cascading water. The inviting pool, surrounded by lush landscaping, invites you to cool off during Arizona's warmest days. Designed with the utmost attention to detail, this extraordinary estate boasts five A/C units, ensuring that comfort is never compromised, even in the wine cellar, where your finest vintages are safeguarded and perfectly preserved. In the heart of Desert Highlands, this magnificent residence effortlessly blends modernity and Southwest charm, presenting an unparalleled opportunity to acquire a prestigious property in one of the most exclusive communities in Scottsdale. Whether you seek a resplendent full-time residence or a luxurious retreat, this masterpiece stands ready to embrace your unique vision of luxury living.

    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 07:01pm

    Listed by:

    Lisa Westcott 480-229-3455,

    RETSY

    Bought with:

    Taylor Jennings, SA654644000

    Real Broker

    Source: ARMLS,MLS#: 6583492MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Electric Cooktop
    Features
    • High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Wood
    • Windows: Low Emissivity Windows, Double Pane Windows, ENERGY STAR Qualified Windows, Mechanical Sun Shds, Wood Frames
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Fire Pit, Family Room, Living Room, Master Bedroom, Gas
    • Furnished: Yes
    Interior area
    • Total structure area: 6,469
    • Total interior livable area: 6,469 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
    • Garage spaces: 3
    • Uncovered spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony, Private Street(s), Private Yard, Built-in Barbecue
    • Has private pool: Yes
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 0.97 Acres
    • Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
    Details
    • Parcel number: 21704035

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Synthetic Stucco, Wood Frame
    • Roof: Reflective Coating,Foam
    Condition
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    • Utilities for property: Propane
    Green energy
    • Energy efficient items: Multi-Zones

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System, Security System Owned, Security Guard
    Community
    • Community features: Golf, Gated, Community Media Room, Guarded Entry, Concierge, Tennis Court(s), Biking/Walking Path, Fitness Center
    Location
    • Region: Scottsdale
    • Subdivision: Desert Highlands

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,800 monthly
    • Services included: Maintenance Grounds, Other (See Remarks), Street Maint
    • Association name: Desert Highlands
    • Association phone: 480-419-3745

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/10/2025Listing removed$4,495,000+12.4%$695/sqft
    Source: ARMLS #6383313 Report a problem
    2/23/2024Sold$4,000,000-5.9%$618/sqft
    Source: ARMLS #6583492 Report a problem
    1/31/2024Pending sale$4,250,000$657/sqft
    Source: ARMLS #6583492 Report a problem
    11/21/2023Price change$4,250,000-5.6%$657/sqft
    Source: ARMLS #6583492 Report a problem
    8/1/2023Listed for sale$4,500,000+0.1%$696/sqft
    Source: ARMLS #6583492 Report a problem
    5/15/2022Listing removed--
    Source: HomeSmart Report a problem
    4/14/2022Listed for sale$4,495,000+49.8%$695/sqft
    Source: ARMLS #6383313 Report a problem
    3/31/2021Sold$3,000,000+151%$464/sqft
    Source: Public Record Report a problem
    7/12/2018Listing removed$1,195,000$185/sqft
    Source: Realty ONE Group #5675111 Report a problem
    5/21/2018Price change$1,195,000-7.9%$185/sqft
    Source: Realty ONE Group #5675111 Report a problem
    3/9/2018Price change$1,297,0000%$200/sqft
    Source: Realty ONE Group #5675111 Report a problem
    2/28/2018Price change$1,297,500-3.9%$201/sqft
    Source: Realty ONE Group #5675111 Report a problem
    1/6/2018Price change$1,350,000-18.2%$209/sqft
    Source: Realty ONE Group #5675111 Report a problem
    10/17/2017Listed for sale$1,650,000+8.2%$255/sqft
    Source: Realty ONE Group #5675111 Report a problem
    7/17/2016Listing removed$1,525,000$236/sqft
    Source: HomeSmart #5366234 Report a problem
    4/8/2016Price change$1,525,000-9.8%$236/sqft
    Source: HomeSmart #5366234 Report a problem
    2/10/2016Price change$1,690,000-7.4%$261/sqft
    Source: HomeSmart #5366234 Report a problem
    11/24/2015Listed for sale$1,825,000-1.4%$282/sqft
    Source: HomeSmart #5366234 Report a problem
    6/8/2015Listing removed$1,850,000$286/sqft
    Source: Russ Lyon Sotheby's International Realty #5195511 Report a problem
    4/6/2015Price change$1,850,000-5.1%$286/sqft
    Source: Russ Lyon Sotheby's International Realty #5195511 Report a problem
    11/5/2014Listed for sale$1,950,000+23.8%$301/sqft
    Source: Russ Lyon Sotheby's International Realty - Pinnacle Peak Report a problem
    6/13/2005Sold$1,575,000+18.9%$243/sqft
    Source: ARMLS #2219221 Report a problem
    11/30/1999Sold$1,325,000+27.4%$205/sqft
    Source: Public Record Report a problem
    5/15/1995Sold$1,040,000$161/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,566 -1.8%$234,760 +5.7%
    2024$7,706 +10.3%$222,050 +59.4%
    2023$6,986 -0.6%$139,283 +5%
    2022$7,030 -19.9%$132,650 -2.5%
    2021$8,774 -1.8%$136,070 -1%
    2020$8,939 +3.3%$137,500 -1.3%
    2019$8,653 $139,350 +5.9%
    2018$8,653 0%$131,530 +0.5%
    2017$8,657 -1.5%$130,850 +1.4%
    2016$8,793 +5.2%$129,100 -1.9%
    2015$8,357 $131,650 +8.6%
    2014-- $121,200 -8%
    2013-- $131,720
    2012-- $131,720 +10.6%
    2011-- $119,130 -9.8%
    2010-- $132,110 -13.4%
    2009-- $152,550 -19.9%
    2008-- $190,400 +10.6%
    2007-- $172,200 +30.3%
    2006-- $132,200
    2005-- $132,200 -4.7%
    2004-- $138,750
    2003-- $138,750 +24%
    2002-- $111,900

    Find assessor info on the county website

    Neighborhood: Desert Highlands

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Desert Sun Academy
    • Middle: Sonoran Trails Middle School
    • High: Cactus Shadows High School
    • District: Cave Creek Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,734,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,734,400