10040 E HAPPY VALLEY Road 299, Scottsdale, AZ 85255, Scottsdale, 85255 - 4 bed, 5 bath
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Scottsdale, AZ 85255
This High-Potential Investment Opportunity is listed at $2,925,000, positioned above the $2,605,562 Fair Market Value. While the property requires a strategic capital infusion to modernize its 2000-era finishes, its Fair Condition Rating is offset by a premier location on the 4th tee of the Jack Nicklaus Signature golf course. Featuring a 6,361 sq. ft. layout with a private casita and panoramic mountain views, this asset offers significant upside for Value-Add Investors or Luxury Homeowners seeking to customize a trophy property in Desert Highlands.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10040 E HAPPY VALLEY Road 299 Subject | $2,925,000* List Price | 4 | 5 | 6,361 | $410 | - |
A 10040 E HAPPY VALLEY Road 450 Active | $2,875,000 List Price | 5 | 5 | 5,743 | $501 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2000 (24 years old), placing it in the 'Fair' category based on age. While the home is exceptionally well-maintained and features at least one modern bathroom renovation, the kitchen and main living areas retain original 2000-era finishes, cabinetry, and styling that are now dated and would require updates to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32809, living area = 6361.
Situated on the 4th tee of the prestigious Jack Nicklaus Signature course within the guard-gated Desert Highlands, offering both exclusivity and direct course frontage.
The expansive 6,361 sq. ft. floor plan includes a secluded primary suite, a private guest casita, and a dedicated office, providing an ideal balance of privacy and entertaining space.
The association fee of $2,050 represents a significant recurring ownership cost that may impact the property's overall value proposition for some buyers.
Built in 2000, the residence may require updates to its mechanical systems or interior finishes to align with the contemporary aesthetic preferences of today's luxury market.
Nestled in a private cul-de-sac on the 4th tee of the renowned Jack Nicklaus Signature golf course in guard-gated Desert Highlands, this custom 2000 built residence offers casual elegance and timeless desert luxury on a spacious 0.75 acre lot. Boasting approx. 6,361 sq. feet, the home features 4 bedrooms and 4 1/2 bathrooms, including a secluded primary suite, three guest suites, plus an office. An open and spacious great room flows seamlessly, creating an inviting atmosphere for both relaxed living and elegant entertaining. The home showcases picture windows throughout that frame mountain, golf course and city light views while preserving a sense of privacy. Step into the welcoming courtyard, accented by a magnificent curved copper water feature, fireplace and a private casita .
No exterior & parking available.
Grades K-6 • 3.7 mi
Grades 6-8 • 4.7 mi
Grades 9-12 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 5.0 | 3.0 | 88% |
| Square foot | 6,361 | 3,012.5 | 98% |
| Lot Size | 32,809 | 10,000 | 78% |
| Price | $2.92M | $855.0K | 92% |
| Price per sq ft | $460 | $412 | 56% |
| Built year | 2000 | 1997 | 71% |
| HOA | $2050 | $224 | 99% |
| Days on market | 47 | 2678 | 1% |
May 3, 2026
$2,925,000
Initial Listing