IMMEDIATE GOLF MEMBERSHIP AT CLOSE OF ESCROW! One of a kind golf course setting! Soft Santa Barbara style gem situated along the fringe of the 3rd fairway of world renowned Desert Highlands golf course. Formal living & dining rooms bordered by expansive windows, large kitchen open to the breakfast room and spacious family room. Owner's suite with private balcony offering views in every direction...Golf course, city lights, mountains & Arizona sunsets! Four guest bedrooms, designed for the comfort ad privacy of guests. Large office. The outdoor living = your southwest paradise, and features a vast covered patio and heated pool, all surrounded by beautiful flora. Designated a top 'Platinum Club of America'' golf club, Desert Highlands amenities include a Jack Nicklaus championship golf course, 18-hole putting course, award winning clubhouse featuring ''Jacks'' gastropub, state of the art fitness center, Highlands Racquet Club featuring grass, clay & pickleball courts,& more. A $250,000 Desert Highlands membership fee is due from buyer at close of escrow
For sale
Price cut: $375K (9/3)
$2,500,000
10040 E HAPPY VALLEY Road #450, Scottsdale, AZ 85255
5beds
5,743sqft
Single Family Residence
Built in 1986
0.76 Acres Lot
$-- Zestimate®
$435/sqft
$2,050/mo HOA
What's special
Golf course settingHeated poolVast covered patioLarge office
- 232 days
- 1,712
- 127
Zillow last checked:
Listing updated:
Listed by:
Dena Bullard 480-585-7222,
Russ Lyon Sotheby's International Realty,
Nancy J Sertich 480-585-7222,
Russ Lyon Sotheby's International Realty
Source: ARMLS,MLS#: 6968355

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop, Built-In Electric Oven
- Laundry: Inside
Features
- High Speed Internet, Granite Counters, Double Vanity, Upstairs, Central Vacuum, Wet Bar, Kitchen Island, Separate Shwr & Tub
- Flooring: Carpet, Stone, Wood
- Has basement: No
- Number of fireplaces: 5
- Fireplace features: Exterior Fireplace, Family Room, Living Room, Master Bedroom
Interior area
- Total structure area: 5,743
- Total interior livable area: 5,743 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener
- Garage spaces: 3
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Private Street(s), Private Yard
- Has private pool: Yes
- Pool features: Outdoor Pool, Heated
- Spa features: None, Bath
- Fencing: Partial
- Has view: Yes
- View description: Desert, Golf Course, City Lights, Mountain(s)
Lot
- Size: 0.76 Acres
- Features: North/South Exposure, Desert Back, Desert Front, On Golf Course, Natural Desert Back, Grass Back, Natural Desert Front
Details
- Parcel number: 21704276
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile,Foam
Condition
- Year built: 1986
Details
- Builder name: Berea
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Propane
Community & HOA
Community
- Features: Pool, Golf, Pickleball, Gated, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
- Security: Security System Owned, Security Guard
- Subdivision: DESERT HIGHLANDS
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Other (See Remarks), Street Maint
- HOA fee: $2,050 monthly
- HOA name: Desert Highlands
- HOA phone: 480-419-3745
Location
- Region: Scottsdale
Financial & listing details
- Price per square foot: $435/sqft
- Tax assessed value: $2,065,700
- Annual tax amount: $6,460
- Date on market: 2/12/2026
- Cumulative days on market: 232 days
- Listing terms: Cash
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $2,500,000-13%$435/sqft |
Source: | ||
| 5/16/2026 | Price change | $2,875,000-7.3%$501/sqft |
Source: | ||
| 3/28/2026 | Price change | $3,100,000-6.1%$540/sqft |
Source: | ||
| 2/12/2026 | Listed for sale | $3,300,000+175%$575/sqft |
Source: | ||
| 3/15/2011 | Sold | $1,200,000-7.3%$209/sqft |
Source: | ||
| 1/23/2011 | Listed for sale | $1,295,000-13.4%$225/sqft |
Source: Prudential Arizona Properties #4524068 Report a problem | ||
| 6/9/2010 | Listed for sale | $1,495,000-16.7%$260/sqft |
Source: Russ Lyon Sotheby's International Realty #4316067 Report a problem | ||
| 5/11/2009 | Listing removed | $1,795,000$313/sqft |
Source: TourFactory #4045869 Report a problem | ||
| 2/27/2009 | Price change | $1,795,000-4.3%$313/sqft |
Source: TourFactory #4045869 Report a problem | ||
| 2/8/2009 | Price change | $1,875,000-3.8%$326/sqft |
Source: TourFactory #4045869 Report a problem | ||
| 11/9/2008 | Listed for sale | $1,950,000-2.5%$340/sqft |
Source: TourFactory #4045869 Report a problem | ||
| 6/13/2006 | Sold | $2,000,000$348/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,007 -2% | $206,570 +5.3% |
| 2024 | $6,129 +1.7% | $196,130 +61.3% |
| 2023 | $6,024 -0.6% | $121,622 +5% |
| 2022 | $6,063 -18.9% | $115,830 -1.7% |
| 2021 | $7,479 -1.3% | $117,860 -0.5% |
| 2020 | $7,574 +3.3% | $118,500 -1% |
| 2019 | $7,329 | $119,670 +6.2% |
| 2018 | $7,329 -0.2% | $112,710 +0.4% |
| 2017 | $7,342 -3.1% | $112,260 +0.7% |
| 2016 | $7,577 +5.3% | $111,460 -1.6% |
| 2015 | $7,198 | $113,270 +7.4% |
| 2014 | -- | $105,510 -6.3% |
| 2013 | -- | $112,620 |
| 2012 | -- | $112,620 +12.4% |
| 2011 | -- | $100,160 -11.3% |
| 2010 | -- | $112,950 -19.9% |
| 2009 | -- | $141,060 -18.2% |
| 2008 | -- | $172,450 +10% |
| 2007 | -- | $156,750 +9.5% |
| 2006 | -- | $143,100 |
| 2005 | -- | $143,100 +19.3% |
| 2004 | -- | $119,950 |
| 2003 | -- | $119,950 +13.7% |
| 2002 | -- | $105,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Desert Highlands
Nearby schools
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.




