Golf Course
Address
5402 E Laurel Lane, Scottsdale, AZ
Price
$ 1,625,000
Property Attributes
  • ID#7071397
  • TypeSingle Family
  • Listing Status UCB (Under Contract-Backups)
  • CountyMARICOPA
  • CityScottsdale
  • NeighborhoodWOODLEAF 2
  • Zip85254
  • StyleRanch
  • Year Built1983
  • Taxes$ 4434
  • Price$ 1,625,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3236
  • Lot Size0.32 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

This property appeals to both buyers seeking a fun Scottsdale-area home and investors looking for a short-term rental with a proven track record. Located in the highly desirable 85254 ''Magic Zip Code,'' it offers a Scottsdale address with City of Phoenix taxes. Kierland Commons, Scottsdale Quarter, golf, hiking, dining, Old Town Scottsdale, and Sky Harbor Airport are all nearby. The split floor plan features two primary suites on opposite sides of the home, a guest suite with a private entrance, additional flexible sleeping spaces, a billiards/game room, and a separate game-table area. The open-concept kitchen and living area is designed for entertaining, featuring Wolf appliances, Sub-Zero refrigeration, extensive shaker cabinetry, beverage refrigeration, and an oversized island with seating for six. Accordion-style glass doors open to a resort-style backyard with a heated saltwater pool, outdoor kitchen and bar, covered dining gazebo, multiple seating areas, gas fire pit, putting green, and mature landscaping. The primary suite offers backyard access, a custom walk-in closet, and a remodeled spa-like bath. A second primary suite includes its own updated bath. The home also features an additional large-capacity dryer in the garage. Seller-provided records reflect more than $541,000 in completed short-term rental payouts since Nov. 2020. Current analysis estimates approximately $42,000-$74,000 in potential annual stayed revenue. Rental history and performance information are available to qualified buyers. All furniture and furnishings can be included with an accepted offer, creating a turnkey opportunity. The home has also been professionally inspected and independently appraised, with both reports available for review. Whether you're seeking a luxury primary residence, second home, or established short-term rental, this property delivers exceptional lifestyle and investment potential. Past rental performance and revenue projections are provided for informational purposes only and are not a guarantee of future income. Buyers should independently verify STR regulations, licensing, operating expenses, management costs and projected revenue.

Elementary School Middle School High School
Sequoya Elementary School Cocopah Middle School Chaparral High School
Price History
8/26/2026 Listed $1,625,000

General Features

Sewer Public Sewer,Sewer in & Cnctd
Heating Natural Gas
Cooling Central Air,Ceiling Fan(s)
Utilities Natural Gas Connected
Possession Close Of Escrow
Roof Composition
Garage Spaces 2.0
Association Fee Includes No Fees
Architectural Style Ranch
Pool Features Variable Speed Pump,Outdoor,Play Pool,Heated
Security Features Security System Owned
Construction Materials Stucco,Painted,Slump Block
Year Built 1983
Electric 220 Volts in Kitchen
Township 3N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Accessibility Bath Roll-In Shower
County Maricopa
New Construction No
Property Type Residential
HOA No
Attached Garage No
Energy Efficient Load Controller,Multi-Zones
Subdivision Name WOODLEAF 2
Possible Use None
Green Water Conservation Tankless Ht Wtr Heat
Other Structures Gazebo
Special Listing Conditions N/A
Status UCB (Under Contract-Backups)
Directions Head south on N 56th St,Turn right onto E Laurel Ln. The property will be on the right.
High School Chaparral High School
City Scottsdale
Disclosures Agency Discl Req
High School District Scottsdale Unified District
Open Parking Spaces 4.0
Lot Size Units Square Feet
Lot Size Square Feet 14143.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Sequoya Elementary School
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4434.0
Home Warranty Y/N No
Middle/Junior High School Cocopah Middle School
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.zillow.com/view-imx/aa1c8968-8359-4d52-b021-99eae9f9c53d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Builder Name Malouf
Standard Status Active Under Contract
Occupancy Type Vacant
Elementary School District Scottsdale Unified District
Tax Lot 20
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities Non-laminate Counter,High Speed Internet,Double Vanity,Breakfast Bar,No Interior Steps,Vaulted Ceiling(s),Kitchen Island,Pantry,2 Master Baths,3/4 Bath Master Bdrm
Flooring Tile
Fireplace Features Fire Pit,Family Room,Gas
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Screens,Skylight(s),Dual Pane,Wood Frames
Fireplace Y/N Yes
Laundry Features Inside
Total Bedrooms 4
LivingAreaSource Assessor
Total Baths 3
Bedrooms Possible 5
Other_sp_Rooms_co_Family_sp_Room True
Other_sp_Rooms_co_Great_sp_Room True
Built-in Microwave True
Gas Stub for Range True
Kitchen Island True
Multiple Ovens True
Non-laminate Counter True
Pantry True

Exterior Features

Exterior Amenities Private Yard,Built-in Barbecue
Fencing Block
Parking Features Attached Garage,Garage Door Opener,Direct Access,Attch'd Gar Cabinets
Lot Features Borders Common Area,North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Desert Front,Gravel/Stone Front,Gravel/Stone Back,Grass Back,Synthetic Grass Back,Auto Timer H2O Front,Auto Timer H2O B
Water Source Public
Lot Size Area 14143.0
Spa No
Lot Size Acres 0.32
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 2.0
Crops Included Y/N No
Road Responsibility City Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 85254

Price
AVG $1.59M
$1.63M
Taxes
AVG $4,012
$4,434
Year Built
AVG 1988
1983
Visits
AVG 137
60
Data Provided by Inside Real Estate®

Areas We Cover