NOT LISTED FOR SALE

Estimated Value: $5,678,000 - $6,327,000

5 Beds
7.5 Baths
10,237 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $5,260,000 $514 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $33,706/month

236 Days on Market

Highlights

  • On Golf Course
  • Heated Pool
  • Fireplace in Primary Bedroom
  • Black Mountain Elementary School Rated A-
  • 1.54 Acre Lot
  • Wood Flooring

About This Home

As of August 2022

Saguaro Forest 261 is an architecturally significant 10,237 s.f., exceptionally private custom-designed home with, among other features described below and in supporting documents, five bedrooms and a luxurious library/office. It is on a 1.54-acre homesite next to the fifteenth fairway of Chiricahua, one of Desert Mountain's seven courses, in semi-mountainous High Sonoran Desert terrain in far north Scottsdale. It is an extraordinarily quiet and peaceful setting, far from any noisy roads. Think ''resort escape'', or ''multiple family compound''! Taxes are low, too, at only $18,639 for 2021. The home is shaped like a horseshoe, open to the northeast, where the best views are, of nearby large granite boulders, beautiful desert vegetation, and the Continental Mountains about a mile and a half away, notably the landmark "Apache Peak". This open end is also where, at a carefully designed "arrival point", visitors get their first, real "look" at the home after experiencing an impressive "arrival sequence" (described below). The east side of the horseshoe is about half as long as the west side and has two levels. The formal entrance to the home, a classy foyer, is on the lower level, and what is essentially an in-house, two-room casita with a covered outdoor patio/view deck with fireplace, is on the upper level above the foyer, accessible from the arrival point via an outside staircase. (More on this "casita" later).

The home was completed in 2013 after being bought in 2012 by an East Coast couple as an incomplete speculative home. They completed it well, using materials and finishes far superior to what would have been in the home otherwise. The large (2,800 square feet), limestone tile decked pool patio in the middle of the horseshoe is the home's centerpiece and features a completely re-built, 34' long, SICIS tile pool and spa (illuminated, with spillovers) in the shape of an arrowhead, designed by noted designer David Tisherman (whose work has been featured on the covers of Architectural Digest and the Robb Report). This area is more of a "Pool and Party Plaza" than a mere "pool patio". It is a remarkable space and serves as a dramatic internal visual focus point from the main public rooms.

In addition to being the "star of the show", the Pool and Party Plaza is ultra-private. There is approximately an acre of open desert between the home and the nearest neighbor to the north, and there can be virtually no eye contact between someone at that home and someone in the Pool and Party Plaza due to the skillful placement of a tall, round, gated entry rotunda that serves as the home's "outside" front door. Split-second glimpses of golf carts can be seen on a cart path to the east of the home, but due to vegetation and the way the east side of the home was designed golfers in these carts can only see a small part of the northern part of the Plaza. And, taking that quick glance will put them at risk of driving off the path into some rough desert.

In addition to the home's distinctive shape and the Pool and Party Plaza, other "architecturally significant" highlights include: a "transitional" mix of traditional building materials on the exterior of the home (natural stone, tile, and stucco) unexpectedly paired with a very light and bright, "contemporary" interior; beamed ceilings; rich-looking stone and wood interior finishes; many windows, adding to the interior's light and bright nature and making some awesome views very easy to enjoy; the home being artfully spread out over four main levels, creating wonderful interior sight lines and making for great views from the upper level windows (an elevator just inside the home on the garage level makes hauling groceries upstairs a breeze). The home's expansive interior walls, daytime interior light levels, dedicated lighted art shelving, and art lighting, makes it perfect for the display of important art.

The special "arrival sequence" starts with a visitor driving down a curving, descending, 57-yard-long, paver stone covered driveway, flanked by huge granite boulders, three Giant Saguaros, to a large auto courtyard, approximately 1,930 square feet in size. To the right of this courtyard are three separate wooden garage doors, which provide access to a garage with room to park four cars due to one of the bays being roughly 40' long. The home from this vantage point is two stories tall and makes an impressive first impression. To the left of the auto courtyard is the rotunda, double-gated and remote controlled for security. It is seven steps above the auto courtyard and makes for a very dramatic entry statement, with a tile roof and double iron gates.

Walking up the steps to the rotunda, a visitor will start to notice the lovely physical textures of the home, a combination of painted stucco, rich-looking stone, traditional barrel vault tile, and landscaping, lots of landscaping! When they get inside the rotunda, with its brick flooring and custom light fixture, they will start to sense that they are entering an unusually beautiful home! After passing through the rotunda, they will walk about seventy-five feet, climbing a few steps on the way, to reach the "arrival point", just a few steps below and to the left of the proper entrance into the Pool and Party Plaza and a place from which they can start to get a feel for the scope of the Plaza and the home. This arrival point is graced by a long, low, stone clad planter filled with mature vegetation and an impressive piece of sculptural art. From this vantage point, they will now realize the depth, breadth, texture, privacy, and overall scale of the Plaza, the home, and where the actual front door is, a few yards away to the left.

Front Door and Foyer - It is a light-transmitting, wood and glass double-door affair that lets in maximum light. The foyer has tall ceilings, an elegant travertine floor with marble insets, a big crystal chandelier, and curves around a gallery with tall windows that afford great views of the Pool and Party Plaza. It has a long wall perfectly suited for the hanging of large art.

Casita Instead of heading for the front door from the Arrival Point, a visitor can ascend stairs to the left which lead to a covered, upstairs balcony patio with a fireplace and seating area, essentially the "front porch" for an in-house, second story, two-room casita, with access from the other side of the casita down into the living room via some impressive stairs. This patio has spectacular views of the golf course to the east, the mountains to the north, and the Pool and Party Plaza below and to the west. The casita patio is pre-wired for media and would be one of about seven places around the home one would consider settling down with a cup of coffee or a glass of wine for a few moments. The first room inside the casita from the patio is a combination living room, media room, game room with wet bar, and kitchenette. It enjoys wonderful views through large picture windows due to its elevated vantage point. Down a short hall is a powder room and a spacious, ensuite guest room. On the other side of the hall is a cedar lined closet for out of season clothing storage. This closet could be converted to a second elevator.

Master Suite This large bedroom is both a "retreat" from the rest of the world, and a "treat" for the eyes, with hardwood floors; a high, beamed ceiling, a private patio, and a honey onyx accented raised hearth fireplace. The master bath is appropriately large, but proportionally so, and shows off a honey onyx accented lighted feature wall, laundry facilities, and a single large closet with gorgeous, dark-stained hardwood cabinetry, a large center island, and mirrored glass fronted cabinet doors, all of which combine to create a space truly deserving to be called a "Dressing Room".

Kitchen Beamed ceiling; a mostly Thermador lineup of appliances, including a six-burner gas range top with griddle; a large center island with seating for four; two wall ovens; two dishwashers, and a warming drawer; has a Wolf microwave and Sub-Zero side-by-side refrigerator/freezer (Model 642); two sinks; large walk-in pantry (fitted out for a second refrigerator/freezer, a more convenient location than the garage); nearby is an undercounter refrigerator/icemaker, in granite slab-topped "pony wall" separating the kitchen from the family room; plenty of room for at least a six-top family dining table under a contemporary chandelier; immediate and easy access to the outdoor living room and the Pool and Party Plaza.

Family Room Fully visible from the kitchen, thanks to a wide opening above a low, stone-topped storage cabinet. Travertine tile floors; great views to the north through some windows and of the Pool and Party Plaza in the other direction; fireplace on a raised, marble-covered hearth, such hearth extends five or six feet to the north to provide a great visual "foundation" for the room.

The various levels, intricate design details, and open interior architecture make for interesting internal sight lines, and all the windows, many on both sides of a room, help bring the beautiful outdoor setting and views "indoors". Of course, these multiple levels require some steps and stairs between them, but they are beautifully constructed and finished and are exciting visual elements in and of themselves.

For additional details on the home, please see the separate Summary of Architectural Highlights in the Documents section, and enjoy the collection of wonderful professional photography on the home. For additional information on the Saguaro Forest and Desert Mountain, please see a document of that name in the Documents section.

Regarding membership in the Desert Mountain Club, a wait list may apply for all Membership categories. A thirty-day Membership application review and approval is required. Contact the Club prior to writing a property purchase contract.

Last Agent to Sell the Property

Davis Driver

RE/MAX Fine Properties License #BR009018000 Listed on: 10/14/2021

RE/MAX Fine Properties

Co-Listed By

Kathleen Martz-Spidell

Compass License #SA686422000

Last Buyer's Agent

Lonnie Lopez

Russ Lyon Sotheby's International Realty License #SA687013000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,639

Year Built

  • Built in 2010

Lot Details

  • 1.54 Acre Lot
  • On Golf Course
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $349 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 10,237 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 7.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Low Flow Plumbing Fixtures
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Pool
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance, trash
  • Ccmc/Desert Mountain Association, Phone Number (480) 921-7500
  • Built by T Design Development
  • Desert Mountain Phase 3 Unit 40 Subdivision

Listing and Financial Details

  • Tax Lot 261
  • Assessor Parcel Number 219-47-905

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,639

Year Built

Built in 2010

Lot Details

0

HOA Fees

$349 per month

Parking

4

Listing Details

  • Cross Street: Cave Creek & Pima
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 349.01
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2010
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: North on Pima Road to Cave Creek Hwy; East on Cave Creek Hwy to Desert Mountain Parkway.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.54
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: DESERT MOUNTAIN PHASE 3 UNIT 40
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 2094.06
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Above Ground, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 10237.0
  • Stories: 3
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction:Spray Foam Insulatn: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric, Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 2094.06
  • Association Fee Frequency: Semi-Annually
  • Association Name: CCMC/Desert Mountain
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 750.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: CCMC/Desert Mountain
  • Association Fees:HOA Telephone4: 480-921-7500
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Trash

Schools

  • Elementary School: Black Mountain Elementary School
  • 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: 66933.0
  • Parcel #: 219-47-905

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: T Design Development

Tax Info

  • Tax Annual Amount: 18639.0
  • Tax Book Number: 219.00
  • Tax Lot: 261
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jul 27, 2022
Sold by
Greenspring Desert Investments Llc
Bought by
Sjs Group Llc
Seller's Agent
Davis Driver
RE/MAX Fine Properties
Buyer's Agent
Lonnie Lopez
Russ Lyon Sotheby's International Realty
List Price
$5,495,000
Sold Price
$5,260,000
Premium/Discount to List
-$235,000
-4.28%
Views
2
Current Estimated Value
$6,012,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$752,332
Avg. Annual Appreciation
4.38%

Purchase Details

Listed on
Dec 19, 2011
Closed on
Aug 29, 2012
Sold by
Indymac Venture Llc
Bought by
Greenspring Desert Investments Llc
Seller's Agent
Jeff Cameron
HomeSmart
Buyer's Agent
Ronald Bartz
Russ Lyon Sotheby's International Realty
List Price
$1,999,000
Sold Price
$1,400,000
Premium/Discount to List
-$599,000
-29.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Dimang Sereivuthy and Dimang Martine
Bought by
Indymac Venture Llc

Purchase Details

Closed on
May 30, 2003
Sold by
Desert Mountain Properties Lp
Bought by
Dimang Sereivuthy and Dimang Martine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,875
Interest Rate
5.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sjs Group Llc $5,260,000 Arizona Premier Title
Greenspring Desert Investments Llc $1,400,000 First American Title Ins Co
Indymac Venture Llc $731,425 Accommodation
Dimang Sereivuthy $622,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimang Sereivuthy $466,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2022 08/17/22 Sold $5,260,000 -4.3% $514 / Sq Ft
05/10/2022 05/10/22 For Sale $5,495,000 0.0% $537 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
09/15/2021 09/15/21 For Sale $5,495,000 +292.5% $537 / Sq Ft
09/27/2012 09/27/12 Sold $1,400,000 -8.5% $131 / Sq Ft View Prior Sale
08/28/2012 08/28/12 Pending -- -- --
07/25/2012 07/25/12 Price Changed $1,529,566 -15.0% $143 / Sq Ft
06/15/2012 06/15/12 Price Changed $1,799,100 -10.0% $168 / Sq Ft
04/25/2012 04/25/12 For Sale $1,999,000 0.0% $187 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
03/26/2012 03/26/12 Price Changed $1,999,000 -12.6% $187 / Sq Ft
12/19/2011 12/19/11 For Sale $2,287,800 -- $214 / 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 $17,767 $344,405 -- --
2024 $17,055 $249,728 -- --
2023 $17,055 $432,430 $86,480 $345,950
2022 $17,476 $406,800 $81,360 $325,440
2021 $18,976 $399,030 $79,800 $319,230
2020 $18,639 $382,430 $76,480 $305,950
2019 $18,081 $359,310 $71,860 $287,450
2018 $17,584 $319,650 $63,930 $255,720
2017 $16,935 $323,020 $64,600 $258,420
2016 $16,860 $303,900 $60,780 $243,120
2015 $15,943 $271,070 $54,210 $216,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6307170

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-905