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Sold for $4,665,000
  • $4,665,000

    10040 E Happy Valley Road #485, Scottsdale, AZ 85255

    3beds
    4,084sqft
    Single Family Residence
    Built in 1995
    0.68 Acres Lot
    $4,513,100 Zestimate®
    $1,142/sqft
    $7,882 Estimated rent

    Home value

    $4,513,100

    $4.11M - $4.96M

    $7,882/mo

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    What's special

    Just completed, this spectacular Desert Highlands residence offers beautiful city lights and mountain views featuring an open floor plan. With a nod celebrating 'Organic Modern Design', the extensive use of natural wood, glass and stone elements are used throughout. Using a neutral palette combined with textural focal points, the floorplan is seamless in design. The generously equipped kitchen offers panel ready Wolf/ Sub -Zero appliances, 2 dishwashers, 2 sinks, oversized island, 20' pantry/laundry center with coffee bar and beverage fridge. The dining area is separated by a elegant chilled wine wall which offers convenient wine display and storage steps away from the main bar. Accordian doors off of the great room open to a The dining area is separated by an elegant chilled wine wall which offers convenient wine display & storage steps away from the main bar. The Retractable doors open from the great room onto a covered (1333sf) limestone patio featuring misters, circular firepit & built-in BBQ with fridge. Terracing down from the patio is the heated pool/spa surrounded by mountains & bathed in purple skies at dusk just beyond the city lights. The Owner's Suite is a 1300sf private retreat with picture perfect views. Custom HIS and HERS closets, also created by Palo Verde, are backlit for function and impact. The 71" freestanding tub is front & center with separate floating vanities, oversized walk-in shower & TOTO water closet. Full size Washer/Dryer fits seamlessly into the closet design. Spacious oversized 3-car garage includes built-in cabinets and an air conditioned storage room as an added bonus. The new landscaping/exterior lighting is outstanding. Hills & boulder outcroppings create texture & depth elevating the total package to a 10! Immediate membership available at COE.

    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2026 at 07:11pm

    Listed by:

    Larry Whitman 480-544-6636,

    Realty ONE Group

    Bought with:

    Non-MLS Agent

    Non-MLS Office

    Source: ARMLS,MLS#: 6792733MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • HVAC SEER Rating, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Water Softener Owned, Built In Recycling, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
    • Laundry: Upper Level, Inside
    Features
    • Pantry, High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Tile, Wood
    • Windows: Skylight(s), Low Emissivity Windows
    • Has basement: No
    • Number of fireplaces: 3
    • Fireplace features: Exterior Fireplace, Family Room, Master Bedroom, Gas
    Interior area
    • Total structure area: 4,084
    • Total interior livable area: 4,084 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage Door Opener, Circular Driveway, Storage
    • Garage spaces: 3
    • Uncovered spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony, Misting System, Private Street(s), Private Yard, Storage, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Fenced, Heated
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Block
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    Lot
    • Size: 0.68 Acres
    • Features: North/South Exposure, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Parcel number: 21704311
    • Special conditions: Owner/Agent

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Reflective Coating,Foam
    Condition
    • Year built: 1995
    Details
    • Builder name: JKC

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Water conservation: Low-Flow Fixtures, Recirculation Pump

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System, Security Guard
    Community
    • Community features: Pool, Golf, Pickleball, Gated, Guarded Entry, 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, Street Maint
    • Association name: Desert Highlands
    • Association phone: 480-419-3745

    Other

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

    Price history

    DateEventPrice
    3/3/2025Sold$4,665,000-4.8%$1,142/sqft
    Source: ARMLS #6792733 Report a problem
    1/20/2025Pending sale$4,899,000$1,200/sqft
    Source: ARMLS #6792733 Report a problem
    1/20/2025Listed for sale$4,899,000$1,200/sqft
    Source: ARMLS #6792733 Report a problem
    1/4/2025Listing removed$4,899,000$1,200/sqft
    Source: ARMLS #6792733 Report a problem
    1/1/2025Listed for sale$4,899,000+157.8%$1,200/sqft
    Source: ARMLS #6792733 Report a problem
    1/12/2024Sold$1,900,000-4.8%$465/sqft
    Source: ARMLS #6610140 Report a problem
    10/7/2023Pending sale$1,995,000$488/sqft
    Source: ARMLS #6610140 Report a problem
    9/28/2023Listed for sale$1,995,000+66.3%$488/sqft
    Source: ARMLS #6610140 Report a problem
    2/25/2021Sold$1,200,000-5.9%$294/sqft
    Source: Public Record Report a problem
    12/18/2020Price change$1,275,000-1.5%$312/sqft
    Source: Russ Lyon Sotheby's International Realty #6134106 Report a problem
    9/18/2020Price change$1,295,000-7.2%$317/sqft
    Source: Russ Lyon Sotheby's International Realty #6134106 Report a problem
    9/15/2020Listed for sale$1,395,000+64.1%$342/sqft
    Source: Owner Report a problem
    1/16/2013Sold$850,000-3.4%$208/sqft
    Source: ARMLS #4789105 Report a problem
    11/12/2012Price change$880,000-6.3%$215/sqft
    Source: Russ Lyon Sotheby's International Realty #4789105 Report a problem
    7/16/2012Listed for sale$939,000$230/sqft
    Source: Russ Lyon Sotheby's International Realty #4789105 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,429 -12%$178,850 +24%
    2024$5,030 +15.6%$144,270 +58.7%
    2023$4,352 -0.7%$90,920 +5%
    2022$4,381 -11.1%$86,590 +4.9%
    2021$4,930 -5.4%$82,530 +1.7%
    2020$5,212 +1.8%$81,120 -3.6%
    2019$5,117 $84,140 +2.3%
    2018$5,117 +5%$82,250 +1.4%
    2017$4,876 +5.8%$81,090 +3.9%
    2016$4,608 +6%$78,030 +4.7%
    2015$4,346 $74,510 +11.4%
    2014-- $66,860 +6.1%
    2013-- $63,000
    2012-- $63,000 -4.6%
    2011-- $66,010 -13.7%
    2010-- $76,470 -22.9%
    2009-- $99,240 -16.9%
    2008-- $119,490 +10.8%
    2007-- $107,800 +20.6%
    2006-- $89,360
    2005-- $89,360 -1.6%
    2004-- $90,850
    2003-- $90,850 +18.3%
    2002-- $76,800

    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
    $4,513,100
    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
    $4,513,100