
Scottsdale, AZ 85255
This Stunning Spanish Modern Estate is listed at $5,395,000, reflecting a premium position relative to its $4,720,723 Fair Market Value. The property holds an Excellent Condition Rating thanks to a meticulous Candelaria-designed renovation featuring reclaimed wood beams, artisan ironwork, and a gourmet kitchen. Beyond the main residence, the detached guest house and heated pool offer a resort-style experience with picturesque mountain views. Located near Desert Sun Academy, this sanctuary is perfectly suited for Luxury Owner-Occupants or High-Net-Worth Families prioritizing craftsmanship and community prestige.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10040 E HAPPY VALLEY Road 477 Subject | $5,395,000* List Price | 4 | 6 | 5,690 | $830 | - |
A 10040 E Happy Valley Road 13 Sold | $7,000,000 List Price | 4 | 7 | 6,835 | 0.8 mi | |
B 10040 E HAPPY VALLEY Road 504 Active | $4,699,900 List Price | 4 | 6 | 5,986 | $785 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a complete high-end renovation that aligns with current luxury standards. The interior features premium materials including reclaimed wood beams, artisan ironwork, and high-quality wood and travertine flooring. The gourmet kitchen is equipped with top-tier appliances like a Wolf range and steam oven, paired with custom cabinetry and granite surfaces. The primary suite includes a modern steam shower and standalone tub, reflecting a recent and extensive update. Despite the 1984 build year, the meticulous maintenance and comprehensive modern upgrades throughout the home meet the criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36114, living area = 5690.
This Candelaria-designed Spanish Modern residence features high-end finishes including reclaimed wood beams, artisan ironwork, and custom cabinetry, offering a level of character and quality rarely found in newer builds.
The property includes a detached two-room guest house complete with a living room, full kitchen, and bedroom, providing an ideal setup for multi-generational living or long-term guests.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5690, other record living area = 5579.
The association fee of $2,050 represents a significant recurring carrying cost that may be a consideration for some luxury buyers.
Despite a complete remodel, the original 1984 construction may present limitations in modern floor plan flow or aging infrastructure compared to contemporary ground-up luxury developments.
This stunning Spanish Modern residence in the prestigious guard gated community of Desert Highlands offers a rare combination of character, craftsmanship, and enduring quality. Situated on Quiet cul-de-sac and circle driveway. Candelaria Designed home for the discerning buyer who values thoughtful construction and meticulous care, this home showcases custom cabinetry, travertine and granite surfaces, reclaimed wood beams and flooring, and artisan ironwork--materials selected for their beauty, longevity, and integrity. Completely remodeled and impeccably maintained, the home features a luxurious primary retreat with steam shower, fireplace, and private washer/dryer. Two spacious ensuite bedrooms provide comfort and privacy, while a detached two room guest house - complete with living room, kitchen, bedroom, and full bath--offers an ideal setting for extended stays or multigenerational living. The sunlit great room overlooks the serene backyard, and the gourmet kitchen is equipped with top tier appliances including a steam oven and wine refrigerator. A charming breakfast room opens to a cozy patio with built in Wolf BBQ and water feature. Formal dining and multiple inviting gathering spaces elevate both everyday living and elegant entertaining. Trademark Landscape designed Outdoor living is exceptional, with expansive covered patios, a dedicated outdoor living room, heated pool and spa, and picturesque mountain views. Every space reflects pride of ownership and a commitment to quality. Residents of Desert Highlands enjoy world class amenities, including the Jack Nicklaus Signature championship golf course, a unique 18 hole putting course, award winning clubhouse with "Jack's Backyard," a newly remodeled state of the art fitness center, the Highlands Racquet Club, and seven additional satellite courts throughout the community. A home of this caliber appeals to the buyer who values substance over flash, craftsmanship over trend, and a lifestyle rooted in comfort, privacy, and enduring elegance.
No exterior & parking available.
Grades K-6 • 3.9 mi
Grades 6-8 • 4.9 mi
Grades 9-12 • 6.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 6.0 | 3.0 | 96% |
| Square foot | 5,690 | 2,980.5 | 96% |
| Lot Size | 36,114 | 9,908 | 80% |
| Price | $5.39M | $1.04M | 97% |
| Price per sq ft | $948 | $444 | 96% |
| Built year | 1984 | 1998 | 3% |
| HOA | $2050 | $237 | 97% |
| Days on market | 31 | 2162 | 0% |
Mar 23, 2026
$5,395,000
Initial Listing