10040 E HAPPY VALLEY Road 504, Scottsdale, AZ 85255, Scottsdale, 85255 - 4 bed, 6 bath
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Scottsdale, AZ 85255
This Santa Fe-inspired Luxury Estate is listed at $4,699,900, representing a stable investment within the prestigious Desert Highlands community, closely aligned with its $4,503,930 Fair Market Value. Maintaining a Good Condition Rating, the home showcases Venetian plaster, wood beam ceilings, and a chef’s kitchen with Wolf and Sub-Zero appliances. The property offers a premier lifestyle with a Jack Nicklaus golf course, mountain views, and proximity to Desert Sun Academy and Cactus Shadows High School. This residence is an exceptional match for Luxury Home Seekers or Owner-Occupants desiring an amenity-rich desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10040 E HAPPY VALLEY Road 504 Subject | $4,699,800* List Price | 4 | 6 | 5,986 | $736 | - |
A 10040 E HAPPY VALLEY Road 626 Sold | $3,650,000 | 4 | 5 | 5,106 | $715 | 1.0 mi |
B 10040 E HAPPY VALLEY Road 477 Active | $5,245,000 List Price | 4 | 6 | 5,690 | $922 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and features high-end luxury finishes such as Venetian plaster, viga and latilla wood ceilings, and flagstone flooring. While the Santa Fe architecture reflects its 1994 construction, the kitchen has been updated with premium Wolf and Sub-Zero appliances. The home appears exceptionally well-maintained with no signs of deferred maintenance, fitting the 'good' category for properties that are well-kept and functional within their expected lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30533, living area = 5986.
Located in Desert Highlands, the property offers immediate access to a Jack Nicklaus signature golf course, 13 tennis courts, pickleball, and high-end dining within a secure, guard-gated environment.
The home features high-end luxury details including Venetian plaster, wood beam ceilings, and a gourmet kitchen equipped with professional-grade Wolf and Sub-Zero appliances.
In addition to the multi-million dollar list price, buyers must pay a $205,000 membership fee at closing and a substantial monthly association fee of $1,925.
Built in 1994, the Santa Fe-inspired design and specific finishes may require significant modernization to appeal to buyers seeking a more contemporary Scottsdale luxury aesthetic.
Immediate Golf Club membership at closing. This artfully designed, Santa Fe inspired home offers rich & elegant detail with generous open living spaces and numerous fireplaces for comfortable gatherings 5,265/sf all on one level plus an upper level 721/sf two room Casita with view deck. Luxurious finishes and features include Venetian plaster, wood beam ceilings, center island kitchen with Wolf & Sub-Zero appliances, all bedroom en-suites, media room with large entertainment bar, fitness room, 4 car garage, BBQ, pool and spa. Desert Highlands amenities include Jack Nicklaus signature golf course, 13 tennis courts (4 grass), pickle ball courts, bocce ball courts, fitness center, fine & casual dining,walking paths, guard gated & security patrolled. Buyer pays $205K Membership Fee at COE.
No exterior & parking available.
Grades K-6 • 4.1 mi
Grades 6-8 • 5.1 mi
Grades 9-12 • 6.3 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 | 95% |
| Square foot | 5,986 | 3,085 | 97% |
| Lot Size | 30,533 | 10,000 | 75% |
| Price | $4.70M | $940.0K | 95% |
| Price per sq ft | $785 | $415 | 87% |
| Built year | 1994 | 1998 | 26% |
| HOA | $1925 | $226 | 97% |
| Days on market | 232 | 2672 | 5% |
May 16, 2026
$4,699,800
$4,699,900
+0% Price Increase
Initial Listing
Oct 27, 2025
$4,699,900
Initial Listing