2 months on rocket

7305 E Royal Palm Rd, Scottsdale, AZ, 85258

$9,995,000

5 Bedrooms
5 Baths
7,907 SqFt
$1,264/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingElectric Door Opener
Garage4 spaces
Year Built1981
HeatingElectric
CoolingCeiling Fan(s)
Fireplace3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas
Private PoolYes
MLS #6751861
Lot Size1.00 Acres
StatusActive

About 7305 E Royal Palm Rd

This exquisite Santa Barbara-style estate, nestled in the prestigious Paradise Valley Farms community of Scottsdale, redefines luxury living with its seamless blend of historic charm and modern amenities. Fully remodeled in 2017, the architectural design and enhancements were guided by Jeff Doubet, a renowned expert in authentic Santa Barbara-style architecture. The result is this 7,907 sq/ft masterpiece, set on an acre of land, embodying timeless elegance and meticulous craftsmanship. Boasting 5 bedrooms, 4 full bathrooms, 2 powder rooms, an office, and a game room, this home combines the allure of classic design, with the finest modern finishes and gives any family ultimate flexibility in how the home is utilized. Upon entering, you'll be greeted by a soaring foyer that leads to an open-concept living space. With solid wood flooring crafted from a historic Gin Mill dating back to the late 1800s. As you step into the family room you will be greeted by reclaimed wood beams from a barn in Quebec, Canada, along with an antique Limestone Fireplace surround. Culinary enthusiasts will adore the gourmet kitchen enriched with custom Desert Cove Cabinetry and equipped with top-of-the-line appliances including two Asko dishwashers, Scotsman nugget ice maker, 60" Wolf gas range with double griddle and electric double ovens, a Wolf steam oven, Wolf microwave, and a Miele built-in coffee maker with its own water fill. The centerpiece is an expansive marble island over 9 feet long, featuring maximum storage capacity and custom pull-out shelving inside cabinets. Additional features include built-in storage for baking ingredients, two Subzero refrigerators, four Subzero freezer drawers, and hand-forged hinges and pulls on the refrigerators to create a vintage icebox design. The double farm sink looks out to a quaint courtyard with a wood-burning fireplace and fountain that are designed with antique limestone that was reclaimed from France adding to the home's timeless appeal. The main floor offers 4 bedrooms, 2 that are en-suite and 2 that share a Jack and Jill bathroom, game room, formal dining room, spacious family room area with a custom bar for entertaining, 2 powder baths, and a laundry room with 2 washers, 2 dryers, and a dog washing station. Rounding out the exquisite main level is a custom wine cellar that holds up to 650 bottles, adorned with barrel ceilings and a custom iron door, and an expansive 4-car garage with a commercial pressure washer and ample storage for all your tools and toys. As you make your way up the stairs, the entire second floor is dedicated to the Primary Suite and his/her office. This private sanctuary features a gas fireplace, a beamed ceiling, and a spa-like bathroom adorned in custom marble with a remote-controlled jacuzzi clawfoot tub. Waterworks fixtures, dual shower heads, a marble bench in the shower, and a Mr. Steam steam shower are a few of the other appointments the bathroom offers. The oversized walk-in closet features custom built-in cabinetry, exquisite lighting, and a built-in washer and dryer for added convenience. The estate's outdoor features are equally impressive. The outdoor kitchen is a chef's delight, featuring a built-in Wolf BBQ, Wolf fryer, Green Egg smoker, built-in pizza oven, and a TV for entertaining all your guests, along with a wood-burning fireplace made from the same reclaimed Chicago brick that adorns all the patio flooring. The outdoor space also includes a built-in bar and a secret garden dining terrace. The luxurious limestone pool deck and Jacuzzi are designed for ultimate relaxation. A tennis court with an adjustable half-court basketball hoop, complete with a ball return, offers recreational opportunities for all ages and enhances the estate's grounds, leaving even the most discerning buyer wanting nothing more. This extraordinary estate is a masterful blend of historic charm and modern amenities, designed for those who appreciate the finer things in life. Whether entertaining guests or enjoying quiet family moments.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Santa Barbara/Tuscan
  • Year Built: 1981
  • Stories: 2
  • Living Area: 7,907 SqFt

Listing Office:

  • Office Name: RETSY
  • Office Phone: (602) 842-0000
  • Listing Agent: Kirk Linehan, Davon Wade

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood
  • Interior: Upstairs, Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home
  • Fireplace: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Covered Patio(s), Gazebo/Ramada, Patio, Sport Court(s), Tennis Court(s), Built-in Barbecue

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Electric Door Opener

Lot Features

Lot Information:

  • Lot: Corner Lot, Grass Front
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Go one block North of McCormick Ranch Parkway and turn East onto Royal Palm. The home is on the corner of Royal Palm and 73rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,995,000
  • Price Per SqFt: $1,264/SqFt

Tax Information:

  • Annual Amount: $13,980
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$850.3K

Med. Price/SqFt

$409

Avg. Days On Market

74

# of Sold Homes

472

7305 E Royal Palm Rd vs Scottsdale

71 DAYS ON ROCKET

-3 Days

$9,995,000

+$9.1M More

$1,264/SqFt

+$855 More

KEY TAKEAWAY

This property is $9.1M more than the Median Sold Price and $855/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: #6751861

Listing Office:

  • Office Name: RETSY
  • Office Phone: (602) 842-0000
  • Listing Agent: Kirk Linehan, Davon Wade

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: 11/14/2024, 5:21:13 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

Oct 09, 2012Home Sold
$1,590,000
Feb 08, 2005Home Sold
$1,750,000
Jun 03, 2003Home Sold
$1,010,000
Apr 30, 1992Home Sold
$485,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,980$230,830
2020$13,853$215,300
2019$12,939$219,980
2017$10,203$133,430

History based on county public records data.

Payment Calculator

$49.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$30K

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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-203201
9
/10
  • Pueblo Elementary School

  • 6320 N 82nd St

  • 1.99 miles

  • Public District Grades PK-5

school-card-donut-203202
9
/10
  • Great Hearts Academies - Archway Cicero

  • 3102 N 56th St

  • 2.13 miles

  • Public Charter Grades KG-5

school-card-donut-203203
10
/10
  • Cherokee Elementary School

  • 8801 N 56th St

  • 2.23 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $126,087. Residents of Scottsdale, AZ typically earn between $100k-200k each year. Typical family type is married, no kids. 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 7305 E Royal Palm Rd

What is the listing price of this property?

The listing price of 7305 E Royal Palm Rd property is $9,995,000.

What type of property is this?

The property 7305 E Royal Palm Rd is a house located in Scottsdale, Arizona, 85258.

Is this property for sale now?

Active Listing: 7305 E Royal Palm Rd 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 $13,980 (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 9, 2012 for $1,590,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7305 E Royal Palm Rd has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 7305 E Royal Palm Rd is 7,907 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7305 E Royal Palm Rd is 1981.
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Rocket Homes›Arizona›Maricopa County›Scottsdale›85258›7305 E Royal Palm Rd

This home is located at 7305 E Royal Palm Rd in Scottsdale, AZ and zip code 85258 in the Paradise Valley Farms neighborhood. This 7,907 square foot home, which was built in 1981, sits on a 1.00 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $9,995,000.

While more than 25 listings in Scottsdale, AZ in October 2024 were sold above asking price, there were more than 78 listings sold at asking price, and more than 369 were sold below. In October 2024 in Scottsdale, AZ there were 11.1% more homes for sale than in September 2024. In October 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $850,350.

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

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