
Scottsdale, AZ 85255
Analysis of 10040 E HAPPY VALLEY Road 8, Scottsdale, AZ 85255 is currently available with a list price of $9,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Scottsdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This ultra-luxury Spanish Revival estate presents in pristine condition, featuring high-end architectural details and premium materials such as Portuguese limestone and ebony walnut flooring. The kitchen is equipped with top-tier professional appliances, including a La Cornue range and Traulsen refrigeration, while the bathrooms feature marble finishes. Despite being built in 2002, the property has been meticulously maintained and updated with modern automation, designer light fixtures, and high-quality millwork, showing no signs of deferred maintenance and meeting current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 125205, living area = 11544.
Inspired by Wallace Neff and built by Nance Construction, this Spanish Revival estate features world-class craftsmanship, including custom ironwork, hand-plastered walls, and premium materials like Portuguese limestone and ebony walnut.
The property includes an immediate golf membership to Desert Highlands, providing access to a Jack Nicklaus Signature course, an award-winning clubhouse, and premier racquet facilities including grass and clay courts.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 11544, other record living area = 10565.
With an association fee of $2,050 and over 11,000 square feet of living space to maintain, the ongoing operational and maintenance expenses for this expansive estate are substantial.
While the local schools are well-rated, they are located between 4.5 and 7 miles away, which may be a drawback for families prioritizing immediate proximity to educational facilities.
Guard Gated. Immediate Golf Membership. Spectacular Spanish Revival architectural masterpiece on 2.85 acres with total privacy in Desert Highlands. Inspired by Wallace Neff, this estate reflects the grandeur, scale, and sophistication of California's most revered Golden Age compounds with the convenience of modern day automation. Built by Nance Construction with custom ironwork by Peter Sevin, every hand-plastered wall, beam, and arch was crafted with intention. Portegese limestone and ebony walnut floors warm every room. The library, wrapped in Georgia sugar pine millwork, doubles as a private screening room with its own wet bar. The two story kitchen is anchored by a La Cornue range, framed by soapstone countertops, a generous butcher-block island, indoor Thermador grill, and glass-door Traulsen refrigeration. Upstairs feels like its own private retreat with a separate entrance, 2 oversized guest rooms with ensuite bathrooms and walk-in closets, a second laundry room, and an intimate covered terrace offering sweeping desert and city-light views. The primary bedroom is pure romance with French doors opening to a private patio and spa, his/her boutique closets, and a marble-wrapped bath. Two additional thoughtfully designed flex spaces offer the option for guest suites, a refined office, or a private wellness retreat. The guest quarters mirror the main home's craftsmanship, complete with its own kitchen featuring a Gaggenau cooktop, laundry, covered patio and parking spaces. Outside, Santa Barbara-designed landscaping by Trademark Landscape (as featured in Phoenix Home & Garden magazine), a sparkling mosaic-tiled pool, cabana and wet bar, multiple fountains and fireplaces, pristine lawn spaces and flower gardens-- all framing dramatic Pinnacle Peak views. Curated outdoor living spaces integrated throughout the grounds, a fully appointed butlers pantry supported by 2 walk-in pantries, a masterfully appointed outdoor kitchen, and extensive guest parking capabilities create effortlessly designed entertainment accommodations on a grand scale. Nearby hiking, fine dining, shopping, and world-class golf opportunities are available immediately! Desert Highlands amenities include a Jack Nicklaus Signature championship golf course, 18-hole putting course, award winning clubhouse, state of the art fitness center, Highlands Racquet Club featuring grass, clay, and pickleball courts, etc. If you understand the value of Legacy Architecture and are ready to indulge in Luxury Lifestyle Living, this one-of-a-kind estate must be experienced in person.
No exterior & parking available.
Grades K-6 • 4.6 mi
Grades 6-8 • 5.5 mi
Grades 9-12 • 7.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 11,544 | 2,980.5 | 100% |
| Lot Size | 125,205 | 9,908 | 98% |
| Price | $9.00M | $1.04M | 99% |
| Price per sq ft | $780 | $444 | 91% |
| Built year | 2002 | 1998 | 82% |
| HOA | $2050 | $237 | 97% |
| Days on market | 35 | 2162 | 0% |
Mar 19, 2026
$9,000,000
Initial Listing