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10040 E HAPPY VALLEY Road #784, Scottsdale, AZ, 85255

5beds
8baths
8,480sqft
$4,995,900
$589price/sqft
$28,802/moest. monthly cost
$1,152,080/yrincome needed

About This Home

Immediate Golf Membership at Close. Overlooking the 15th hole of the Jack Nicklaus Signature golf course rests this authentic Southwest Territorial. Each room enjoys outstanding vistas of Pinnacle Peak, the McDowell Mountains or city lights. The main home is 7,759/sf and the 2 bedroom Casita is 721/sf for a total of 8,480/sf. The home has 5 bedrooms including a 2 bedroom Casita, 8 baths, a formal living room, formal dining room, gourmet kitchen, family room, theater room, game room, and an opulent master suite, The resort-like backyard sets the stage for the ultimate in SW living. Desert Highlands amenities include Jack Nicklaus Signature golf course 18-hole putting course, 13 tennis courts (4 grass), pickle ball and bocce ball courts, fitness center, guard gated & security patrolled. award winning clubhouse with fine and casual dining. Buyer to pay the $205,000 Membership Fee at close of escrow.

Getting Around

16
WalkingCar-Dependent
0
TransitNo Nearby Transit
15
BikeSomewhat Bikeable

Schools

6/10
Desert Sun AcademyGrades PK-64.8 mi
3/10
10/10

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Tile,Foam
  • Construction materials: Stucco,Wood Frame,Painted

Other

  • Builder name: RS Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Gas Cooktop
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Features

  • Pantry,High Speed Internet,Granite Counters,Upstairs,Breakfast Bar,9+ Flat Ceilings,Wet Bar,Kitchen Island,Bidet,Full Bth Master Bdrm,Separate Shwr & Tub
  • Flooring: Carpet,Stone
  • Number of fireplaces: 6
  • Fireplace features: Fire Pit,Exterior Fireplace,Family Room,Living Room,Master Bedroom,Gas
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 8,480
  • Total interior livable area: 8,480 sqft

Property

Details

  • Parcel number: 21703103

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Heated
  • Patio & porch: Covered,Patio
  • Exterior features: Balcony,Private Street(s),Private Yard,Built-in Barbecue
  • Has spa: Yes
  • Spa features: Heated,Private,Bath
  • Fencing: Block,Wrought Iron
  • Has view: Yes
  • View description: City,Golf Course,City Lights,Mountain(s)

Lot

  • Lot size: 0.98 Acres
  • Features: North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Corner Lot,Desert Back,Desert Front,On Golf Course,Auto Timer H2O Front,Natural Desert Front,Auto Timer H2O Back

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 FloodingVery High
  • Wildfire
    WildfireRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Wildfire
Hail

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 $25,261$303,132
Home Insurance $812$9,744
Property Taxes $1,831$21,972
Electricity $898$10,776
Total$28,802$345,624

Income You'd Need if You Spent...

35% on housing$987,497/yr
40% on housing$864,060/yr
45% on housing$768,053/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

$589This listing

vs Other Active Listings

Avg $/sqft

ZIP 85255$606
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85255$520
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
2026-03-09Price change$4,995,900
2026-02-26Price change$5,495,800
2025-12-05Listed for sale$5,495,900
2019-04-01Sold$2,800,000
2019-03-01Pending sale$3,000,000
2019-01-07Price change$3,000,000
2018-11-01Price change$3,500,000
2018-05-29Listed for sale$3,999,000
2011-06-07Sold$3,025,000
2004-12-20Sold$609,000
2000-03-10Sold$500,000
1997-06-23Sold$425,000

For Sale by Agent

AgentMike Domer
BrokerageCompass

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