NOT LISTED FOR SALE

Estimated Value: $5,434,000 - $6,701,000

5 Beds
7 Baths
9,414 Sq Ft
$659/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $6,600,000 $701 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $34,923/month

Highlights

  • Guest House
  • On Golf Course
  • Heated Pool
  • Black Mountain Elementary School Rated A-
  • Gated with Attendant
  • 1.54 Acre Lot

About This Home

As of February 2024

This magnificent Tuscan estate rests upon one of the finest parcels in Desert Mountain. Private and secluded, the lot allows for panoramic mountain, sunset, and city light views. The home is comfortable and inviting, wrapping you in its warmth in every room. There is a striking level of detail and quality to be appreciated in both the refined finishes and architectural style. The generous outdoor living space features a large pool, spa, putting green and swim up bar. Five bedrooms and seven bathrooms are complemented by a full office, fitness room, four car garage, elevator, and a 900 bottle wine cellar. A full golf membership to the Desert Mountain Club is available. Beautifully matched furnishings and some artwork are included with the purchase of the home.

Last Agent to Sell the Property

Barry Conser

Russ Lyon Sotheby's International Realty License #SA534216000 Listed on: 02/28/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Alan Surges

Russ Lyon Sotheby's International Realty License #SA709066000

Last Buyer's Agent

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,504

Year Built

  • Built in 2003

Lot Details

  • 1.54 Acre Lot
  • On Golf Course
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 9,414 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Mechanical Sun Shade
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Intercom
  • Smart Home

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

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

Additional Homes

  • Guest House

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 219-47-635

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • Desert Mountain Association, Phone Number (480) 635-5600
  • Built by PLATINUM
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,504

Year Built

Built in 2003

Lot Details

0

HOA Fees

$417 per month

Parking

4

Listing Details

  • Cross Street: PIMA /CAVE CREEK ROAD
  • 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: 416.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: EAST OF PIMA ON CAVE CREEK ROAD TO DESERT MOUNTAIN GUARD GATE.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.54
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: DESERT MOUNTAIN
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 2499.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: 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: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Other Equipment: Intercom
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, See Remarks, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Elevator, Furnished(See Rmrks), Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 9414.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane, Mechanical Sun Shds, Tinted Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block
  • Exterior Features: Balcony, Misting System, Private Street(s), Private Yard, Storage, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, On Golf Course, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Other, Wood Frame, Painted, Stone
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: 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
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Separate Strge Area, Temp Controlled, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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: Golf, Gated, Guarded Entry, Biking/Walking Path
  • Association Fee: 2499.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: DESERT MOUNTAIN
  • Phone: 480-635-5600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: DESERT MOUNTAIN
  • Association Fees:HOA Telephone4: 480-635-5600
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 2499.0
  • Association Fees:Disclosure Fees HOA: 800.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks)

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: 67179.0
  • Parcel #: 219-47-635

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: PLATINUM

Tax Info

  • Tax Annual Amount: 16504.0
  • Tax Book Number: 219.00
  • Tax Lot: 66
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Feb 28, 2024
Sold by
David Resnick And Nancy Geltman Family T
Bought by
Robert And Charlotte Otto Family Trust and Otto
Seller's Agent
Barry Conser
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
List Price
$7,250,000
Sold Price
$6,600,000
Premium/Discount to List
-$650,000
-8.97%
Views
32
Current Estimated Value
$6,204,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$395,197
Avg. Annual Appreciation
-3.83%

Purchase Details

Closed on
Feb 22, 2023
Sold by
Resnick David A and Resnick Nancy J
Bought by
David Resnick And Nancy Geltman Family Trust

Purchase Details

Closed on
Apr 7, 2006
Sold by
Rahlves & Rahlves N Desert Llc Two
Bought by
Resnick David A and Geltman Nancy J

Purchase Details

Closed on
Feb 20, 2003
Sold by
Rahlves & Rahlves Inc
Bought by
Rahlves & Rahlves N Desert Llc Two

Purchase Details

Closed on
Feb 2, 2001
Sold by
Massey James D and Massey Margaret E
Bought by
Rahlves & Rahlves Inc
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
Robert And Charlotte Otto Family Trust $6,600,000 Clear Title Agency Of Arizona
David Resnick And Nancy Geltman Family Trust -- --
Resnick David A $5,175,000 Capital Title Agency Inc
Rahlves & Rahlves N Desert Llc Two -- --
Rahlves & Rahlves Inc $1,100,000 North American Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $6,600,000 -9.0% $701 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $7,250,000 -- $770 / 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 $17,758 $344,235 -- --
2024 $17,047 $327,843 -- --
2023 $17,047 $328,510 $65,700 $262,810
2022 $16,504 $335,700 $67,140 $268,560
2021 $17,848 $334,850 $66,970 $267,880
2020 $17,788 $317,580 $63,510 $254,070
2019 $17,142 $298,270 $59,650 $238,620
2018 $16,610 $276,200 $55,240 $220,960
2017 $15,883 $270,050 $54,010 $216,040
2016 $15,935 $245,080 $49,010 $196,070
2015 $14,997 $225,380 $45,070 $180,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6670189

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-635