$1,975,000
SOLD DEC 9, 2025

10040 E Happy Valley Rd Unit 496 Scottsdale, AZ 85255

Desert Highlands Neighborhood
2 Beds
3 Baths
3,485 Sq Ft
0.86 Acres

Recently Sold

$567 Per Sq Ft

10% Below List Price

27 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Heated Pool
  • Sonoran Trails Middle School Rated A-
  • Gated with Attendant
  • Panoramic View

About This Home

As of December 2025

IMMEDIATE GOLF MEMBERSHIP AT CLOSE OF ESCROW. Charming southwest contemporary, perched on a one-of-a-kind hillside lot surrounded by open space and privacy, offering a birds-eye views of the surrounding mountains, city lights and sunsets! Stunning architectural design and layout features a great room floor plan, convenient kitchen, cozy breakfast room surrounded by walls of glass and majestic mountains. Designed with comfort in mind, each bedroom offers privacy, ensuite bath and opens to a private patio. 4-car garage for the car enthusiast. 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 $190,000 membership fee is due from buyer at close of escrow (Fee will increase to $205,000 on January 1, 2026)

Last Agent to Sell the Property

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000 Listed on: 10/10/2025

Russ Lyon Sotheby's International Realty

Co-Listed By

Nancy Sertich

Russ Lyon Sotheby's International Realty License #BR008725000

Last Buyer's Agent

Austin Molina

Realty ONE Group License #SA677701000

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,057

Year Built

  • Built in 1998

Lot Details

  • 0.86 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $1,925 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Tandem Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert

Home Design

  • Designed by Terry Kilbane Architects
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,485 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • North or South Exposure

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Fireplace

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 496
  • Assessor Parcel Number 217-04-322

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by Custom
  • Desert Highlands Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Heated Community Pool
  • Lap or Exercise Community Pool
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,057

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,925 per month

Parking

4

Listing Details

  • Cross Street: Pima & Happy Valley Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Terry Kilbane
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1925.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.86
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT HIGHLANDS
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 566.71
  • Association Fees:HOA Fee2: 1925.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • View:Desert: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Kitchen Features:Built-In Electric Oven2: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Built-In Electric Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Two Way Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Wet Bar, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3485.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Yard
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Heated
  • Pool Private: Yes
  • View: Desert, Panoramic, City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • View:Panoramic: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool, Golf, Pickleball, Gated, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association Fee: 1925.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Highlands
  • Phone: 480-419-3745
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Highlands
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 100.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1925.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fees:Other Fees HOA: 750.0
  • Association Fees:Other Fees Description: Semi-annual Service Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:Special Assessment Amount Owed: 100.0
  • Association Fees:Special Assessment Frequency: Monthly
  • Association Fees:Payment Start Date: 2019-09-01
  • Association Fees:Payment End Date: 2028-09-30

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37422.0
  • Parcel #: 217-04-322

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 6057.0
  • Tax Book Number: 217.00
  • Tax Lot: 496
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Karen B Kraft Revocable Trust and Kraft Karen B
Bought by
John W Kraft Living Trust and Karen B Kraft Revocable Trust

Purchase Details

Closed on
May 1, 1997
Sold by
Cadigan Associates
Bought by
Kraft John W and Kraft Karen B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Cash Sale Deed $350,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 Sold $1,975,000 -10.0% $567 / Sq Ft
11/06/2025 11/06/25 Pending -- -- --
10/10/2025 10/10/25 For Sale $2,195,000 -- $630 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,231 $109,986 -- --
2024 $5,793 $104,749 -- --
2023 $5,793 $127,550 $25,510 $102,040
2022 $5,581 $95,010 $19,000 $76,010
2021 $6,083 $90,830 $18,160 $72,670
2020 $6,139 $88,870 $17,770 $71,100
2019 $6,100 $86,700 $17,340 $69,360
2018 $5,981 $84,270 $16,850 $67,420
2017 $5,761 $84,210 $16,840 $67,370
2016 $5,735 $81,130 $16,220 $64,910
2015 $5,423 $75,320 $15,060 $60,260
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Dena Bullard

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    63 in this area

    83 Total Sales

    Dena Bullard
    Section Image

  • N

    Seller Co-Listing Agent in 2025

    Nancy Sertich

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    62 in this area

    72 Total Sales

    Nancy Sertich
    Section Image
  • Austin Molina

    Buyer's Agent in 2025

    Austin Molina

    Realty One Group

    (310) 569-0341

    1 in this area

    14 Total Sales

    Austin Molina
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6932375

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-322

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 496, Scottsdale, AZ

Sold

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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