5402 E Laurel Lane, Scottsdale, AZ 85254
- $1,625,000
- 4
- BD
- 3
- BA
- 3,236
- SqFt
- List Price
- $1,625,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 17
- MLS#
- 7071397
- Subtype
- Residential
- Style
- Ranch
- Year Built
- 1983
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,236
- Lot Size
- 14,143
- Acres
- 0.32
- Subdivision
- Woodleaf 2
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.
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Additional Information
- Interior Features
- 3/4 Bath Master Bdrm, Double Vanity, 2 Master Baths, Breakfast Bar, Pantry, Kitchen Island, Non-laminate Counter, High Speed Internet, Vaulted Ceiling(s), No Interior Steps
- Exterior Features
- Private Yard, Built-in Barbecue
- Taxes
- $4,434
- Property Description
- Ranch
- Flooring
- Tile
- Appliances
- Dishwasher, Disposal, Refrigerator, Gas Cooktop, Gas Stub for Range, Microwave, Gas Range, Washer, Dryer, Water Softener Owned
- Heating
- Natural Gas
- Air Conditioning
- Ceiling Fan(s), Central Air
- Exterior Construction
- Slump Block, Painted, Stucco
- Stories
- 1
- Pool
- Yes
- Parking Features
- Garage Door Opener, Attch'd Gar Cabinets, Direct Access, Attached Garage
- Garage Spaces
- 2
- Elementary School
- Sequoya Elementary School
- Middle School
- Cocopah Middle School
- High School
- Chaparral High School
Listing courtesy of Libertas Real Estate.
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