10040 E HAPPY VALLEY Road 483, Scottsdale, AZ 85255, Scottsdale, 85255 - 5 bed, 5 bath
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Scottsdale, AZ 85255
This Captivating Mediterranean Estate in the prestigious Desert Highlands enclave is listed at $3,295,000, aligning closely with its $3,292,600 Fair Market Value. Featuring a Fair Condition Rating, the home is meticulously maintained but offers a prime opportunity for modernization of its 1995 finishes to drive future appreciation. The acre-plus lot boasts panoramic mountain views, a resort-style pool, and two private guest casitas for ultimate guest privacy. With immediate access to a Jack Nicklaus Championship Course and top-rated schools like Desert Sun Academy, it is perfect for Luxury Lifestyle Seekers or Golf Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10040 E HAPPY VALLEY Road 483 Subject | $3,295,000* List Price | 5 | 5 | 5,216 | $631 | - |
A 10040 E HAPPY VALLEY Road 450 Active | $3,100,000 List Price | 5 | 5 | 5,743 | $540 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, this property is well-maintained and move-in ready but features original Mediterranean styling that is now over 30 years old. While the kitchen features high-end appliances, the bathrooms retain dated tiled countertops and drop-in sinks, and the home features extensive Saltillo tile flooring and 90s-era cabinetry. It meets the 'fair' criteria as an aged home maintained through regular upkeep but showing clear signs of being outdated without a recent major renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43720, living area = 5216.
The property offers immediate access to a Desert Highlands golf membership at closing, providing entry into a prestigious 'Platinum Club of America' with world-class amenities including a Jack Nicklaus championship course.
In addition to the main residence, the estate features two separate multi-room casitas, offering exceptional privacy and flexible living arrangements for long-term guests or multi-generational families.
A mandatory $205,000 membership fee is due at closing, which, combined with a $2,050 monthly association fee, represents a significant financial barrier and ongoing overhead.
Built in 1995, the property may require additional investment to update 30-year-old interior finishes or mechanical systems to meet the expectations of modern luxury buyers.
IMMEDIATE GOLF MEMBERSHP AT CLOSE OF ESCROW. Welcome home to this captivating Mediterranean estate, a combination of outstanding quality and attention to detail by Nance Construction + ever-changing views of the city lights, sunsets and mountains! A gracious living room welcomes visitors with soaring ceilings, cantera gas fireplace & garden doors leading to a generous dining terrace. Convivial sunlit kiitchen with large breakfast nook, writing desk and top of the line appliances. The main house features a secluded master retreat, office and 2 guest bedrooms + two multi-room casitas for the comfort and privacy of guests. Resort-like outdoor living to the south with pool, spa, fireplace and conversation terraces + private garden patio to the north with warm and inviting gas fireplace. 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 $205,000 membership fee is due from buyer at close of escrow
No exterior & parking available.
Grades K-6 • 3.9 mi
Grades 6-8 • 4.9 mi
Grades 9-12 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 5.0 | 3.0 | 86% |
| Square foot | 5,216 | 2,980.5 | 92% |
| Lot Size | 43,720 | 9,908 | 88% |
| Price | $3.29M | $1.04M | 95% |
| Price per sq ft | $632 | $444 | 85% |
| Built year | 1995 | 1998 | 30% |
| HOA | $2050 | $237 | 97% |
| Days on market | 78 | 2162 | 0% |
Feb 4, 2026
$3,295,000
Initial Listing