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Sold for $4,725,000
  • $4,725,000

    10040 E Happy Valley Road #55, Scottsdale, AZ 85255

    4beds
    6,677sqft
    Single Family Residence
    Built in 1997
    1.85 Acres Lot
    $4,725,500 Zestimate®
    $708/sqft
    $-- Estimated rent

    Home value

    $4,725,500

    $4.35M - $5.10M

    Not available

    Zestimate® history
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    What's special

    Soaring ceilingsDramatic two-story libraryBacking the first fairwayTemperature-controlled four-car garageBuilt-in bbqPrivate movie theatreNorth-facing golf course lot
    One of Desert Highlands' most coveted north-facing golf course lots, backing the first fairway and set against the iconic Pinnacle Peak backdrop. This is the lot discerning buyers have quietly been watching for. On the premier street in Desert Highlands, directly overlooking the first hole of the Jack Nicklaus Signature Course, this 1.85-acre property represents the kind of scale, orientation, and setting that rarely becomes available. North-facing. Golf course edge. Pinnacle Peak as your backdrop. The combination is exceptional. The existing 6,700 sq ft estate, designed by Vernon D. Swaback, apprentice to Frank Lloyd Wright, was thoughtfully positioned to capture golf course and mountain views from every main living space. Soaring ceilings, walls of glass opening to the desert, a dramatic two-story library, private movie theatre, temperature-controlled four-car garage, and a main-level primary suite with direct access to the heated spa all speak to the scale already in place. The negative edge pool and spa, waterfall, fireplace, built-in BBQ, and boulder-framed outdoor living areas are designed for everyday enjoyment and effortless entertaining. An immediate golf membership is available, granting full access to the Desert Highlands lifestyle: championship golf, tennis, pickleball, a renovated fitness center, clubhouse dining, and 24-hour guard-gated security. The 18-hole putting course is walking distance from the front door.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Mattisinko 480-734-1617,

    Berkshire Hathaway HomeServices Arizona Properties

    Bought with:

    Dylan Smith, SA713856000

    HomeSmart

    Lindsay Fleet, SA571655000

    HomeSmart

    Source: ARMLS,MLS#: 7010873MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Water Softener Owned, Refrigerator, Dishwasher, Disposal, Gas Range, Gas Oven
    Features
    • Pantry, High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Stone
    • Windows: Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Exterior Fireplace, Living Room, Gas
    Interior area
    • Total structure area: 6,677
    • Total interior livable area: 6,677 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Garage Door Opener, Extended Length Garage, Temp Controlled
    • Garage spaces: 4
    • Uncovered spaces: 8
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony, Private Street(s), Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Variable Speed Pump, Heated
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: None
    • Has view: Yes
    • View description: Golf Course, Mountain(s)
    • Waterfront features: Wash
    Lot
    • Size: 1.85 Acres
    • Features: North/South Exposure, Desert Back, Desert Front, On Golf Course, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Parcel number: 21703139

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Steel Frame, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 1997
    Details
    • Builder name: Vernon Swaback Design

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Energy efficient items: Multi-Zones

    Community & HOA

    Community
    • Features: Pool, Golf, Pickleball, Community Spa Htd, Guarded Entry, Tennis Court(s), Fitness Center
    • Security: Fire Sprinkler System, Security System Owned, Security Guard
    • Subdivision: Desert Highlands
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Street Maint
    • HOA fee: $150 monthly
    • HOA name: Capital Dues
    • HOA phone: 480-419-3745
    • Second HOA fee: $2,050 monthly
    • Second HOA name: Desert Highlands
    • Second HOA phone: 480-419-3745
    Location
    • Region: Scottsdale

    Financial & listing details

    • Price per square foot: $708/sqft
    • Tax assessed value: $2,847,600
    • Annual tax amount: $9,213
    • Date on market: 5/27/2026
    • Cumulative days on market: 93 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/27/2026Sold$4,725,000-10%$708/sqft
    Source: ARMLS #7010873 Report a problem
    7/10/2026Pending sale$5,250,000$786/sqft
    Source: ARMLS #7010873 Report a problem
    4/29/2026Price change$5,250,000-10.9%$786/sqft
    Source: ARMLS #7010873 Report a problem
    4/8/2026Listed for sale$5,890,000+133.3%$882/sqft
    Source: ARMLS #7010873 Report a problem
    1/5/2005Sold$2,525,000+727.9%$378/sqft
    Source: ARMLS #2203804 Report a problem
    3/22/1995Sold$305,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,584 -1.9%$284,760 +4.5%
    2024$8,754 +1.7%$272,510 +61.2%
    2023$8,608 -0.6%$169,061 +5%
    2022$8,661 -22.4%$161,010 -4.1%
    2021$11,164 -2.5%$167,980 -2.6%
    2020$11,455 +3.3%$172,550 -1.8%
    2019$11,093 $175,770 +5.7%
    2018$11,093 -2.4%$166,220 -1.7%
    2017$11,367 -0.9%$169,150 +2.1%
    2016$11,474 +5.1%$165,750 +0.2%
    2015$10,914 $165,450 +6.2%
    2014-- $155,800 -3.1%
    2013-- $160,860
    2012-- $160,860 +14.6%
    2011-- $140,410 -10.5%
    2010-- $156,930 -35.8%
    2009-- $244,560 +5%
    2008-- $232,900 +7.1%
    2007-- $217,500 +8.8%
    2006-- $199,850
    2005-- $199,850 +24.6%
    2004-- $160,400
    2003-- $160,400 +23.8%
    2002-- $129,600
    Find assessor info on the county website

    Neighborhood: Desert Highlands

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $4,725,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,725,500