Immediate Golf Club membership at closing. This artfully designed, Santa Fe inspired home offers rich & elegant detail with generous open living spaces and numerous fireplaces for comfortable gatherings 5,265/sf all on one level plus an upper level 721/sf two room Casita with view deck. Luxurious finishes and features include Venetian plaster, wood beam ceilings, center island kitchen with Wolf & Sub-Zero appliances, all bedroom en-suites, media room with large entertainment bar, fitness room, 4 car garage, BBQ, pool and spa. Desert Highlands amenities include Jack Nicklaus signature golf course, 13 tennis courts (4 grass), pickle ball courts, bocce ball courts, fitness center, fine & casual dining,walking paths, guard gated & security patrolled. Buyer pays $205K Membership Fee at COE.
For sale
$4,699,900
10040 E HAPPY VALLEY Road #504, Scottsdale, AZ 85255
4beds
5,986sqft
Est.:
Single Family Residence
Built in 1994
0.7 Acres Lot
$4,408,600 Zestimate®
$785/sqft
$1,925/mo HOA
What's special
Numerous fireplacesGenerous open living spacesWood beam ceilingsCenter island kitchenView deckEntertainment barMedia room
- 169 days |
- 504 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Mike Domer 480-861-8883,
Compass
Source: ARMLS,MLS#: 6939303

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Mini Split, Electric
Cooling
- Ceiling Fan(s), Programmable Thmstat
Appliances
- Included: Dryer, Washer, Water Softener Owned, Built In Recycling, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop
- Laundry: Engy Star (See Rmks)
Features
- Pantry, High Speed Internet, Smart Home, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Wet Bar, Kitchen Island, 2 Master Baths, Full Bth Master Bdrm
- Flooring: Stone, Wood
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 9
- Fireplace features: Fire Pit, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
Interior area
- Total structure area: 5,986
- Total interior livable area: 5,986 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Temp Controlled
- Garage spaces: 4
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Private Street(s), Private Yard, Storage, Built-in Barbecue
- Has private pool: Yes
- Pool features: Outdoor Pool, Play Pool
- Has spa: Yes
- Spa features: Heated
- Fencing: Block
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.7 Acres
- Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Auto Timer H2O Front, Auto Timer H2O Back
Details
- Additional structures: Guest House
- Parcel number: 21704330
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Foam
Condition
- Year built: 1994
Details
- Builder name: Salcito Custom Homes
Utilities & green energy
- Electric: 220 Volts in Kitchen
- Sewer: Public Sewer
- Water: City Water
Green energy
- Energy efficient items: Multi-Zones
- Water conservation: Recirculation Pump
Community & HOA
Community
- Features: Pool, Golf, Gated, Community Media Room, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
- Security: Fire Sprinkler System, Security System Owned, Security Guard
- Subdivision: DESERT HIGHLANDS PHASE 2
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Other (See Remarks), Street Maint
- HOA fee: $1,925 monthly
- HOA name: Desert Highlands
- HOA phone: 480-419-3745
Location
- Region: Scottsdale
Financial & listing details
- Price per square foot: $785/sqft
- Tax assessed value: $2,322,500
- Annual tax amount: $6,336
- Date on market: 10/27/2025
- Cumulative days on market: 169 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$4,408,600
$4.19M - $4.63M
$9,101/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Listed for sale | $4,699,900$785/sqft |
Source: | ||
| 6/27/2025 | Listing removed | $4,699,900$785/sqft |
Source: | ||
| 3/22/2025 | Price change | $4,699,900-4.1%$785/sqft |
Source: | ||
| 2/15/2025 | Price change | $4,899,8000%$819/sqft |
Source: | ||
| 2/7/2025 | Price change | $4,899,900-1.9%$819/sqft |
Source: | ||
| 11/24/2024 | Listed for sale | $4,995,900+4.1%$835/sqft |
Source: | ||
| 1/23/2024 | Listing removed | $4,800,000+10.3%$802/sqft |
Source: | ||
| 11/17/2022 | Sold | $4,350,000-3.3%$727/sqft |
Source: | ||
| 11/9/2022 | Pending sale | $4,500,000$752/sqft |
Source: | ||
| 10/19/2022 | Listed for sale | $4,500,000-6.3%$752/sqft |
Source: | ||
| 7/5/2022 | Listing removed | $4,800,000$802/sqft |
Source: | ||
| 5/11/2022 | Listed for sale | $4,800,000$802/sqft |
Source: | ||
| 5/10/2022 | Listing removed | $4,800,000$802/sqft |
Source: | ||
| 3/30/2022 | Price change | $4,800,000-3%$802/sqft |
Source: | ||
| 3/4/2022 | Listed for sale | $4,950,000+110.6%$827/sqft |
Source: | ||
| 2/1/2020 | Listing removed | $2,350,000$393/sqft |
Source: Russ Lyon Sotheby's International Realty #5912451 Report a problem | ||
| 1/22/2020 | Price change | $2,350,000-2.1%$393/sqft |
Source: Russ Lyon Sotheby's International Realty #5912451 Report a problem | ||
| 4/17/2019 | Listed for sale | $2,400,000+18.2%$401/sqft |
Source: Russ Lyon Sotheby's International Realty #5912451 Report a problem | ||
| 7/14/2017 | Sold | $2,030,000+69.2%$339/sqft |
Source: | ||
| 12/17/2014 | Sold | $1,200,000$200/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,517 -24.5% | $232,250 +13.8% |
| 2024 | $5,984 +1.8% | $204,160 +71.6% |
| 2023 | $5,881 -11.7% | $118,997 +5% |
| 2022 | $6,657 -8.1% | $113,330 +4.7% |
| 2021 | $7,241 +0.8% | $108,200 +3.2% |
| 2020 | $7,180 +1.6% | $104,830 +2.7% |
| 2019 | $7,071 | $102,060 +2.6% |
| 2018 | $7,071 +17.2% | $99,520 +0.1% |
| 2017 | $6,031 +6.3% | $99,470 +4.7% |
| 2016 | $5,675 -6.2% | $95,000 +6.8% |
| 2015 | $6,053 | $88,960 +9.9% |
| 2014 | -- | $80,970 +7.5% |
| 2013 | -- | $75,330 |
| 2012 | -- | $75,330 -5.8% |
| 2011 | -- | $79,960 -14.8% |
| 2010 | -- | $93,870 -26.3% |
| 2009 | -- | $127,310 -9% |
| 2008 | -- | $139,900 +9.7% |
| 2007 | -- | $127,500 +13.7% |
| 2006 | -- | $112,150 |
| 2005 | -- | $112,150 -7.1% |
| 2004 | -- | $120,750 +19.1% |
| 2003 | -- | $101,400 +12.4% |
| 2002 | -- | $90,250 |
Find assessor info on the county website
Monthly payment
Est. payment
$27,561/mo
Principal & interest
$24030
HOA Fees
$1925
Property taxes
$1606
More affordability tools
Climate risks
Neighborhood: Desert Highlands
Nearby schools
GreatSchools rating
- 6/10Desert Sun AcademyGrades: PK-6Distance: 4.1 mi
- 3/10Sonoran Trails Middle SchoolGrades: 6-8Distance: 5 mi
- 10/10Cactus Shadows High SchoolGrades: 8-12Distance: 6.3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Scottsdale
- 85255
- Desert Highlands
- 10040 E HAPPY VALLEY Road Unit 504




