new - 6 days on rocket

5540 E Shea Blvd, Scottsdale, AZ, 85254

$2,000,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
4,706 SqFt
$425/SqFt
House

Location

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5540 E Shea Blvd, Scottsdale$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDir Entry frm Garage, Electric Door Opener
Garage3 spaces
Year Built2000
HeatingElectric
FireplaceNone
ViewMountain(s)
MLS #6790116
Lot Size0.86 Acres
StatusActive

About 5540 E Shea Blvd

One-of-a-Kind Scottsdale Estate Experience luxury and privacy in this stunning 5-bedroom + office, 4-bathroom custom home. Built in 2000 and sprawling across a single level, this 4,706 sq. ft. masterpiece sits on a meticulously maintained 0.86-acre lot. The home boasts a striking stone façade, a gated entrance, and a fully enclosed property with a brick wall for ultimate security. The open floor plan is adorned with 12-foot ceilings, tile flooring throughout, and arched doorways that enhance its architectural beauty. A grand kitchen features Corian countertops, an oversized island, an electric cooktop, and a cozy breakfast nook with a built-in desk. The living areas include wood plank tile flooring, a built-in decorative wall, and French doors leading to the covered patio. The primary suite is a private retreat with backyard access, wood plank flooring, a bonus room with built-in shelving, and a spa-like bath complete with a soaking tub, separate shower, and dual sinks. Additional features include a spacious laundry room, a vault-safe, and a game room perfect for entertaining. Exterior Paradise The expansive backyard is a true oasis, boasting a full NBA basketball court with stadium lighting, a covered patio, a lush grass area with sprinklers, and a relaxing spa (new pump as of November 2024). Solar panels (owned outright) save approximately $6,000 annually, and a 3-car garage plus a parking pad provide ample space for vehicles. Modern Amenities This steel-framed home includes two 2018 AC units, a full security system with outdoor cameras and sprinklers, and a dedicated dog run for pet lovers. Designed for efficiency, comfort, and elegance, this property is one you must see to believe.

Property Details

Property Features

Property Information:

  • Year Built: 2000
  • Stories: 1
  • Living Area: 4,706 SqFt

Listing Office:

  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Listing Agent: Kristy N DeWitz, Douglas Hopkins

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Covered Patio(s), Patio, Sport Court(s)

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.86 Acres

Utilities

Utilities Information:

  • Heating: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000
  • Price Per SqFt: $425/SqFt

Tax Information:

  • Annual Amount: $7,490
  • 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

5540 E Shea Blvd vs Scottsdale

6 DAYS ON ROCKET

-62 Days

$2,000,000

+$1.1M More

$425/SqFt

+$15 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $15/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: #6790116

Listing Office:

  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Listing Agent: Kristy N DeWitz, Douglas Hopkins

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: 12/11/2024, 6:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 21, 1988Home Sold
$47,500
Mar 01, 1988Home Sold
$47,500

Tax History

YEARPROP. TAXASSESSMENT
2021$7,490$93,500
2020$7,379$84,180
2019$6,830$80,800
2017$6,563$69,900

History based on county public records data.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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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-1764942
10
/10
  • Sequoya Elementary School

  • 11808 N 64th St

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-1764943
10
/10
  • Cherokee Elementary School

  • 8801 N 56th St

  • 1.22 miles

  • Public District Grades EE-5

school-card-donut-1764944
9
/10
  • Desert Shadows Elementary School

  • 5902 E Sweetwater Ave

  • 1.62 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $136,352. Most Scottsdale, AZ residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5540 E Shea Blvd

What is the listing price of this property?

The listing price of 5540 E Shea Blvd property is $2,000,000.

What type of property is this?

The property 5540 E Shea Blvd is a house located in Scottsdale, Arizona, 85254.

Is this property for sale now?

Active Listing: 5540 E Shea Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,490 (source: MLS/based on county public records data).

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

The last sale was on April 21, 1988 for $47,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5540 E Shea Blvd has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5540 E Shea Blvd is 4,706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5540 E Shea Blvd is 2000.

Rocket HomesArizonaMaricopa CountyScottsdale852545540 E Shea Blvd

This home is located at 5540 E Shea Blvd in Scottsdale, AZ and zip code 85254 in the Paradise Valley Village neighborhood. This 4,706 square foot home, which was built in 2000, sits on a 0.86 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $2,000,000.

In November 2024, from all listings sold in Scottsdale, AZ there were more than 47 sold above asking price, over 326 sold below and more than 82 were sold right at the asked price. In November 2024 in Scottsdale, AZ there were 2% more homes for sale than in October 2024. In November 2024, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $854,173.

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

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