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11505 E COCHISE Drive, Scottsdale, AZ 85259

$4,400,000
Property Type: Residential Bedrooms: 7 Baths: 7 Square Footage: 6,893 Lot Size (sq. ft.): 46,578 Status: Closed
Current Price: $4,400,000 Last Modified: 5/07/2024

Description

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: 2024-05-07 Sold Price: $4,400,000 Status: Closed Current Price: $4,400,000 List Date: 2024-01-26 Type: ER Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 3 Variable Commission: N

Location, Tax & Legal

House Number: 11505 Compass: E Street Name: COCHISE St Suffix: Drive City/Town Code: Scottsdale State/Province: AZ Zip Code: 85259 Zip4: 4904 Country: USA County Code: Maricopa Assessor's Map #: 33 Assessor's Parcel #: 972 Assessor Number: 217-33-972 Legal Description (Abbrev): LOT C1 MIRAGE CROSSING MCR 052112 Subdivision: MIRAGE CROSSING Tax Municipality: Scottsdale Taxes: 10915 Tax Year: 2023

General Property Description

Dwelling Type: Single Family - Detached Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 7 # Bathrooms: 7 Approx SQFT: 6893 Price/SqFt: 638.32 Guest House SqFt: 893 Horses: N Model: PARSONS DESIGN BUILD Builder Name: Desert Bay Year Built: 2001 Approx Lot SqFt: 46578 Approx Lot Acres: 1.069 Pool: Private Only Elementary School: Laguna Elementary School Jr. High School: Mountainside Middle School High School: Desert Mountain High School Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District

Remarks & Misc

Cross Street: Shea and Frank Lloyd Wright Directions: South on 114th Street turns into Cochise, property is on your right. Geo Lat: 33.579189 Geo Lon: -111.834009

Status Change Info

Off Market Date: 2024-03-06 Under Contract Date: 2024-03-06 Close of Escrow Date: 2024-05-06 Sold Price: $4,400,000

Legal Info

Township: 3N Range: 5E Section: 27 Lot Number: C1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land 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: 2023 Bath(s) Partial/Full: Full

Parking Spaces

Garage Spaces: 4 Slab Parking Spaces: 15 Total Covered Spaces: 4

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Conventional Closing Cost Split: Normal - N Buyer Concession $/%: % Seller Concession $/%: %

Property Features

Special Listing Cond: Owner/Agent Architecture: Santa Barbara/Tuscan; Other (See Remarks) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room; Bidet Master Bedroom: Split Additional Bedroom: Other Bedroom Split; 2 Master Bedrooms; Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace: 3+ Fireplace; Fireplace Family Rm; Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace; Exterior Fireplace; Firepit Flooring: Carpet; Tile Pool Features: Private; Heated; Variable Speed Pump Spa: Private; Above Ground; Heated Dining Area: Formal; Eat-in Kitchen; Breakfast Bar Kitchen Features: 220 Volts in Kitchen; Range/Oven Gas; Cook Top Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Granite Countertops; Kitchen Island Laundry: Washer Included; Dryer Included; 220 V Dryer Hookup Other Rooms: Family Room; Great Room; Guest Qtrs-Sep Entrn; Exercise/Sauna Room; Media Room Features: Vaulted Ceiling(s); 9+ Flat Ceilings; Central Vacuum; Wet Bar; No Interior Steps Technology: 3+ Exist Tele Lines; Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet Available Exterior Features: Built-in BBQ; Childrens Play Area; Circular Drive; Covered Patio(s); Gazebo/Ramada; Pvt Yrd(s)/Crtyrd(s); Separate Guest House Parking Features: Attch'd Gar Cabinets; Extnded Lngth Garage; Over Height Garage; RV Parking; Temp Controlled Construction: Frame - Wood Const - Finish: Painted; Stucco Roofing: Tile; Concrete Cooling: Refrigeration; Ceiling Fan(s); Programmable Thmstat Heating: Natural Gas Plumbing: Recirculation Pump; Electric Hot Wtr Htr; Gas Hot Water Heater Utilities: APS; SW Gas Water: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron; Block Property Description: Corner Lot; North/South Exposure; Adjacent to Wash Landscaping: Desert Front; Desert Back; Grass Back; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text Lockbox Type: None Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees Assoc Rules/Info: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Agency Discl Req

Documents

Listing Office: HomeSmart
Last Updated: May - 07 - 2024
11505 E COCHISE Drive, Scottsdale, AZ 85259- MLS# 6655608
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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