Incredible investment opportunity or private family sanctuary for this courtyard home. Neighboring property 11593 E Cochise Pending at 5.95 with identical layout but interior lot! Currently run as a VRBO generating 494k in annual gross income. A popular retreat for many celebrities and generational families due to its privacy and feel. Bordered by a wash and 5 acre horse properties with wraparound covered patios on over an acre. All bathrooms completely renovated in 2023. Keep as an investment or work with us to design and build your dream home. Parsons Design Build can help you curate a one of kind investment home unlike anything else on the market. Endless possibilities for a cash flowing vacation home with upside! See attached design mood boards.
More Information MLS# 6655608
Contract Information
Status Change Date: 2024-05-07Sold Price: $4,400,000Status: ClosedCurrent Price: $4,400,000List Date: 2024-01-26Type: EROwnership: Fee SimpleCo-Ownership (Fractional) Agreement YN: NoSubagents: NBuyer/Broker: YBuyer Broker $/%: %Comp to Buyer Broker: 3Variable Commission: N
Dwelling Type: Single Family - DetachedDwelling Styles: DetachedExterior Stories: 1# of Interior Levels: 1# Bedrooms: 7# Bathrooms: 7Approx SQFT: 6893Price/SqFt: 638.32Guest House SqFt: 893Horses: NModel: PARSONS DESIGN BUILDBuilder Name: Desert BayYear Built: 2001Approx Lot SqFt: 46578Approx Lot Acres: 1.069Pool: Private OnlyElementary School: Laguna Elementary SchoolJr. High School: Mountainside Middle SchoolHigh School: Desert Mountain High SchoolElementary School District: Scottsdale Unified DistrictHigh School District: Scottsdale Unified District
Remarks & Misc
Cross Street: Shea and Frank Lloyd WrightDirections: South on 114th Street turns into Cochise, property is on your right.Geo Lat: 33.579189Geo Lon: -111.834009
Status Change Info
Off Market Date: 2024-03-06Under Contract Date: 2024-03-06Close of Escrow Date: 2024-05-06Sold Price: $4,400,000
Legal Info
Township: 3NRange: 5ESection: 27Lot Number: C1
Association & Fees
HOA Y/N: NPAD Fee Y/N: NLand Lease Fee Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Items Updated
Bath(s) Yr Updated: 2023Bath(s) Partial/Full: Full
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