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7051 E SLEEPY OWL Way, Scottsdale, AZ, 85266

3beds
3baths
1,927sqft
$949,000
$492price/sqft
$5,499/moest. monthly cost
$219,960/yrincome needed

About This Home

This home is located in a gated Country Club community called Terravita! Location, Location, Location! Welcome to the Resort Lifestyle! Take a look at this wonderful Vallis + Casita model with 3 bedrooms, 3 bath plus den with updated pool! This Well-Maintained Vallis Model Home Is. This home has a Sunny South Facing Backyard great for sunning. Located with-in walking distance to the club facilities. Resort style living with the comfort, security, and tranquility in this award-winning community. Terravita has a 18-hole golf course and driving range, wonderful clubhouse with dining, heated pool with Fitness center & tennis courts, and 6 miles of walking paths throughout. Nice Pickleball courts. Enjoy the Resort Amenities that are included with home ownership.

Getting Around

16
WalkingCar-Dependent
0
TransitNo Nearby Transit
48
BikeSomewhat Bikeable

Schools

10/10
4/10

Construction

Condition

  • Year built: 1997

Materials

  • Foundation: Slab
  • Roof: Tile,Built-Up,Concrete
  • Construction materials: Stucco,Wood Frame,Painted

Other

  • Builder name: Del Webb

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Range,Electric Oven

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • High Speed Internet,Double Vanity,Eat-in Kitchen,Breakfast Bar,9+ Flat Ceilings,No Interior Steps,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Skylight(s),Double Pane Windows
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 1,927
  • Total interior livable area: 1,927 sqft

Property

Details

  • Parcel number: 21650691

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Play Pool
  • Patio & porch: Covered,Patio
  • Exterior features: Private Street(s),Private Yard
  • Spa features: None
  • Fencing: Block,Wrought Iron
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 5,936 sqft
  • Features: Borders Common Area,North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Desert Back,Desert Front,Cul-De-Sac,Auto Timer H2O Front,Auto Timer H2O Back

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Direct Access
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail
Wildfire

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,798$57,576
Home Insurance $138$1,656
Property Taxes $347$4,164
Electricity $216$2,603
Total$5,499$65,988

Income You'd Need if You Spent...

35% on housing$188,537/yr
40% on housing$164,970/yr
45% on housing$146,640/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$492This listing

vs Other Active Listings

Avg $/sqft

ZIP 85266$543
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85266$470
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-30Listed for sale$949,000
2026-06-01Listing removed$2,500
2025-02-18Listed for rent$2,500
1997-07-21Sold$270,767

For Sale by Agent

AgentRobert Lontkowski
BrokerageSonoran Properties Associates

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