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10040 E Happy Valley Rd Unit 1, Scottsdale, AZ, 85255

$6,800,000

7 Bedrooms
10 Baths
12,307 SqFt
$553/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area, Temp Controlled, Tandem, Electric Vehicle Charging Station(s)
Garage12 spaces
Year Built2001
HeatingNatural Gas
CoolingCeiling Fan(s)
FireplaceOther (See Remarks), 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Gas
ViewCity Lights, Mountain(s)
Private PoolYes
MLS #6476411
Lot Size2.63 Acres
StatusAccepting Backup Offers

About 10040 E Happy Valley Rd Unit 1

Welcome to Desert Highlands #1! The Epitome of Multigenerational Resort-Style Living. This extraordinary estate, nestled on a sprawling 2.6 acre private cul-de-sac homesite, offers IMMEDIATE full Club membership, providing you with access to a wealth of exclusive amenities. Step onto the pavered, circular drive, and you'll be greeted by a private garden courtyard with lush landscapes, setting the tone for the remarkable lifestyle that awaits. This home underwent a remarkable $6 million total re-imagination in 2019, resulting in a smart, transitional luxury masterpiece. Every detail meticulously curated, and no expense spared to create this stunning residence. Inside the main home, you'll find an array of sophisticated spaces, perfect for hosting large gatherings, as well as comfortable, light-filled areas for casual everyday living. The state-of-the-art features and top-of-the-line finishes make this home truly exceptional. A remarkable value, priced well below pre-listing appraisal. The first level of the main home boasts a formal living room, elegant dining room, four of the five en suite bedrooms, a spacious office, media room, and not one, but two wine cellars. The fifth guest ensuite (on the 2nd level) opens to a private deck featuring down valley views. The chef's kitchen is a delight with upgraded appliances, oversized Sub Zero refrigerator, a Wolf range with six burners and multiple ovens. And let's not forget the Miele built-in plumbed coffee system to kickstart your day in the best way possible. The custom furniture grade cabinetry is not only abundant but exquisitely topped with gorgeous Matterhorn granite, adding to the allure of the kitchen. From the kitchen, you'll find seamless transitions to the light and airy breakfast room and inviting family room, with telescoping glass sliding doors leading to multiple extended covered patios and private gardens, offering magnificent views from every angle. As you explore further, you'll discover the private primary suite, occupying the south wing of the main level. This luxurious oasis features a relaxing sitting area, direct patio access to the pool and spa, and a resort-inspired bath retreat with mesmerizing mountain views from the spectacular blue marble topped jetted tub. Dual custom vanities, water closets, and a generously sized shower with multiple heads complete this lavish bathroom, along with dual custom walk-in closets. On the other side of the home, beyond the 50' gallery, Desert Highlands #1 offers a large and spacious casita. Thoughtfully designed with privacy in mins, its single-level layout ensures easy accessibility for those who prefer a step-free environment. The casita features its own private courtyard entrance, allowing guests to come and go as they please without intruding on the main living areas. The well-appointed guest casita offers tranquil living space, a full Wolf/Sub Zero kitchen, two en suite bedrooms with personal patios, private laundry room and an attached garage. Beyond the diving pool, a true entertainer's paradise awaits with a 2,576 square foot fun-filled cabana. This vibrant space boasts a full-sized kitchen, a massive wet bar, four wall-mounted TVs, and game room . The cabana opens up to the pool area with automated telescoping sliding windows, overlooking the swim-up bar. And for a unique experience, the "Dive-In movie screen" is stored above the swim-up bar, allowing you to enjoy your favorite films while relaxing in the pool. The primary home, guest casita, cabana, and ramada seamlessly encircle the backyard retreat, creating a completely private oasis. The outdoor living space is unlike any other, featuring an expansive heated pool, spa, three gas fire pits, two waterfalls, misters under the ramada for added comfort, a water slide, custom outdoor kitchen and a swim-up bar! You can also indulge in a huge conditioned gymnastics space, complete with a trampoline, tumble track, and foam pit, complemented by a convenient full bathroom. The home is fully automated with Control 4 technology, offering modern convenience in the heart of the Sonoran Desert. For the car enthusiasts, there is a possibility of 12+ parking to accommodate your prized collection. Desert Highlands Golf Club, a private guard-gated community, provides an idyllic setting for this exceptional estate. As a resident, you'll have access to an 18-hole Jack Nicklaus Signature course, a Gary Panks designed 18-hole putting course, a 7,700 sq. ft. state-of-the-art fitness center, 13 tennis courts with various surfaces, pickle ball courts, fishing pond, dog park, and a meandering walking/biking path throughout the community. After enjoying these amenities, unwind at Jack's Pub or indulge in formal dining at the Ventana Dining room. Welcome to your new home at Desert Highlands #1, where the possibilities for luxury living and unforgettable experiences are endless.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 2001
  • Stories: 2
  • Living Area: 12,307 SqFt

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 585-7070
  • Listing Agent: Lorraine Funk

Interior Features

Interior Information:

  • Flooring Type: Stone, Wood
  • Interior: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home, Granite Counters
  • Fireplace: Other (See Remarks), 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s)
  • Exterior: Balcony, Circular Drive, Covered Patio(s), Gazebo/Ramada, Misting System, Patio, Private Street(s), Private Yard, Storage, Built-in Barbecue

Parking Information:

  • Garage Space: 12 spaces
  • Parking: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area, Temp Controlled, Tandem, Electric Vehicle Charging Station(s)

Lot Features

Lot Information:

  • Lot: Corner Lot, Desert Back, Desert Front, Cul-De-Sac
  • Lot Size: 2.63 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: N on Pima Rd., East on Happy Valley Rd around the first round-a-bout to Golf Club Dr. At Desert Highlands Gate Security will provide directions to the home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,800,000
  • Price Per SqFt: $553/SqFt

HOA Fees:

  • Amount: $1800
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $11,638
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Scottsdale, AZ.

Med. Sold Price

$854.1K

Med. Price/SqFt

$409

Avg. Days On Market

68

# of Sold Homes

455

10040 E Happy Valley Rd Unit 1 vs Scottsdale

792 DAYS ON ROCKET

+724 Days

$6,800,000

+$5.9M More

$553/SqFt

+$143 More

KEY TAKEAWAY

This property is $5.9M more than the Median Sold Price and $143/SqFt more than other homes in Scottsdale, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6476411

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 585-7070
  • Listing Agent: Lorraine Funk

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 8:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 14, 2010Home Sold
$1,030,000
Oct 12, 2010Home Sold
$832,000
Jan 03, 2005Home Sold
$2,000,000
Aug 18, 1988Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,638$272,270
2020$13,200$202,430
2019$13,358$202,550
2017$14,017$197,500

History based on county public records data.

Payment Calculator

$35.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-36
10
/10
  • Great Hearts Academies - Archway Scottsdale

  • 16648 N 94th St

  • 5.61 miles

  • Public Charter Grades KG-5

school-card-donut-37
10
/10
  • Wildfire Elementary School

  • 3997 E Lockwood Dr

  • 7.00 miles

  • Public District Grades KG-6

school-card-donut-38
8
/10
  • Redfield Elementary School

  • 9181 E Redfield Rd

  • 7.08 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $159,459. The majority of Scottsdale, AZ residents have income $200k+ annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10040 E Happy Valley Rd Unit 1

What is the listing price of this property?

The listing price of 10040 E Happy Valley Rd Unit 1 property is $6,800,000.

What type of property is this?

The property 10040 E Happy Valley Rd Unit 1 is a house located in Scottsdale, Arizona, 85255.

Is this property for sale now?

Accepting Backup Offers: 10040 E Happy Valley Rd Unit 1 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,638 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 14, 2010 for $1,030,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10040 E Happy Valley Rd Unit 1 has 7 bedrooms and 10 bathrooms.

What is the square footage of this property?

The property 10040 E Happy Valley Rd Unit 1 is 12,307 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10040 E Happy Valley Rd Unit 1 is 2001.
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Rocket Homes›Arizona›Maricopa County›Scottsdale›85255›10040 E Happy Valley Rd Unit 1

This home is located at 10040 E Happy Valley Rd Unit 1 in Scottsdale, AZ and zip code 85255 in the Northern Scottsdale neighborhood. This 12,307 square foot home, which was built in 2001, sits on a 2.63 acre lot. Features: 7 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since October 18, 2022 and is currently priced at $6,800,000.

In November 2024 more than 47 listings in Scottsdale, AZ were sold above the asking price. During the same period more than 82 listings were sold at asking price, while more than 326 were sold below. The number of homes for sale in Scottsdale, AZ increased by 2% between October 2024 and November 2024. Listings spent 68 days on the market in November 2024, and had a median list price of $854,173 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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