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Sold for $2,000,000 on 09/12/25
  • $2,000,000

    9938 E Gray Rd, Scottsdale, AZ 85260

    5beds
    5baths
    4,418sqft
    Single Family Residence
    Built in 2004
    0.32 Acres Lot
    $1,988,000 Zestimate®
    $453/sqft
    $7,312 Estimated rent

    Home value

    $1,988,000

    $1.83M - $2.17M

    $7,312/mo

    Zestimate® history
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    $12,104/mo

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    What's special

    Nestled within the exclusive gated enclave of Madrid in Scottsdale's coveted 85260. Drive-in with views of the McDowell Mountains to this single-level estate with detached guest casita. Boasting 5 bedrooms, 4.5 baths plus private office/casita/in-law suite. You enter through custom-built entry gates into a front courtyard featuring fountains and a fireplace, creating an inviting private outdoor living space perfect for relaxing or entertaining. Soaring 14′ ceilings- rising even higher in the expansive family room- and an open-concept layout are filled with natural light from oversized picture windows overlooking the covered patio & smooth PebbleTec pool. The gourmet kitchen features a KitchenAid electric range (also plumbed for gas), double ovens, built-in kitchenAid refrigerator... and a large walk-in pantry. Open family room with a gas fireplace invites year-round gatherings. The large primary master suite features a sitting room, direct patio exit, dual vanities, walk-in shower, soaking tub and spacious closet. The home features a Split floor-plan and has three additional bedrooms and baths on the east side. Premium lot in Madrid with North-South exposure, Mountain Views and backs to desert belt which is private and open. The backyard features a sparkling smooth PebbleTec pool with a waterfall grotto and built-in seating, along with a spacious covered patio. LED landscape lighting for a warm nighttime glow, you can relax and unwind with grass play area for kids and pets, mature trees and desert landscaping. Three-car split garage with storage. Also note, this home is easy Walking distance to one of the most popular schools in Scottsdale, A+ rated Cheyenne Traditional, plus Aztec Park. Located mere minutes from great restaurants and shopping, Scottsdale Quarter, Kierland Commons, other top-rated schools, employment centers and championship golf courses, WestWorld, and Scottsdale Airport. This clean and bright move-in-ready home marries luxury finishes with Arizona's signature indoor-outdoor lifestyle. Don't miss the chance to make it yours!

    Zillow last checked: 8 hours ago

    Listing updated: October 13, 2025 at 02:00am

    Listed by:

    Morgan Hodges 480-356-5657,

    Real Broker,

    Josh Hintzen 480-659-6569,

    Real Broker

    Bought with:

    Harris M Koch, SA632580000

    HomeSmart

    Source: ARMLS,MLS#: 6888349MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 4,418
    • Total interior livable area: 4,418 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage, Open
    • Garage spaces: 3
    • Uncovered spaces: 4
    Features
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Fenced
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Block
    Lot
    • Size: 0.32 Acres
    • Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Grass Back
    Details
    • Parcel number: 21750741

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Gated
    Location
    • Region: Scottsdale
    • Subdivision: MADRID

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $660 quarterly
    • Services included: Maintenance Grounds
    • Association name: Madrid
    • Association phone: 480-339-8820

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/12/2025Sold$2,000,000-4.8%$453/sqft
    Source: ARMLS #6888349
    9/5/2025Pending sale$2,100,000$475/sqft
    Source: ARMLS #6888349
    7/9/2025Listed for sale$2,100,000+165.4%$475/sqft
    Source: ARMLS #6888349
    1/27/2005Sold$791,277$179/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$6,656 +4.8%$146,060 -5.9%
    2024$6,352 +1.3%$155,230 +65.4%
    2023$6,273 +5.2%$93,856 -5.5%

    Find assessor info on the county website

    Neighborhood: 85260

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cheyenne Traditional Elementary School
    • Middle: Desert Canyon Middle School
    • High: Desert Mountain High School
    • District: Scottsdale Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,988,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,988,000