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Sold for $1,885,000
  • $1,885,000

    9971 E Gray Rd, Scottsdale, AZ 85260

    5beds
    6baths
    4,509sqft
    Single Family Residence
    Built in 2004
    0.39 Acres Lot
    $2,287,500 Zestimate®
    $418/sqft
    $7,492 Estimated rent

    Home value

    $2,287,500

    $2.08M - $2.52M

    $7,492/mo

    Zestimate® history
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    $11,267/mo

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    What's special

    Nestled on a premium corner lot in the heart of North Scottsdale's privately gated Madrid enclave, this masterfully crafted Sonoran retreat offers unique curb appeal complete with a personally designed light + landscape system, expansive paver driveway, custom Ferrari F1 Scuderia garage, iron-gated front courtyard, easy access to major freeways, a plethora of shopping, dining, entertainment & more! The desirable split floor plan is enhanced with custom archways, built-in niches, stone finishes, Macassar Ebony wood accents, an elite KEF 7.1 surround sound system, floor to ceiling porcelain tile fireplace & multiple french doors allowing seamless indoor + outdoor living. The chef's kitchen is equipped with a marble double waterfall island, built-in SubZero refrigerator -- R/O filtration, Viking cooktop, Miele and Cafe dual ovens, travertine + mother of pearl backsplash & abundant storage. Enjoy all ensuite bedrooms, a dedicated office/den & pristine primary suite with a built-in illuminated Macassar Ebony bed, relaxing fireplace, custom European design accents + niches, ample closet space & spa-like ensuite bathroom. The entertainer's resort-style backyard features a custom competitive bocce ball court, recently redone Pebble Tec pool & spa, waterfall / fire features, patio + rock surround sound speakers throughout, outdoor kitchen with Wolf grill + warming drawer, Subzero refrigerator & ample space to play or lounge. Don't miss your chance, this gem won't last long!

    Zillow last checked: 8 hours ago

    Listing updated: September 17, 2025 at 12:32pm

    Listed by:

    David Arustamian 480-209-2615,

    Russ Lyon Sotheby's International Realty,

    Frank Aazami 480-266-0240,

    Russ Lyon Sotheby's International Realty

    Bought with:

    Christopher F Paul, BR526805000

    Realty ONE Group

    Connor Paul, BR659583000

    Realty ONE Group

    Source: ARMLS,MLS#: 6558755MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop
    Features
    • High Speed Internet, Double Vanity, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Stone, Wood
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Fire Pit, Other, Family Room, Master Bedroom
    Interior area
    • Total structure area: 4,509
    • Total interior livable area: 4,509 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage Door Opener, Direct Access
    • Garage spaces: 3
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: Zero-Grade Entry, Accessible Hallway(s)
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Other, Private Street(s), Private Yard, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Fenced, Heated
    • Has spa: Yes
    • Spa features: Heated, Private, Bath
    • Fencing: Block
    Lot
    • Size: 0.39 Acres
    • Features: Corner Lot, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Back, Irrigation Front, Irrigation Back
    Details
    • Parcel number: 21750755

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Santa Barbara/Tuscan
    • Property subtype: Single Family Residence
    Materials
    • Spray Foam Insulation, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 2004
    Details
    • Builder name: Hancock Builders

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Water conservation: Recirculation Pump

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Community
    • Community features: Gated, Biking/Walking Path
    Location
    • Region: Scottsdale
    • Subdivision: Madrid

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $545 quarterly
    • Services included: Maintenance Grounds, Street Maint
    • Association name: Madrid HOA
    • Association phone: 480-939-6057

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/11/2023Sold$1,885,000-3.3%$418/sqft
    Source: ARMLS #6558755 Report a problem
    12/1/2023Pending sale$1,950,000$432/sqft
    Source: ARMLS #6558755 Report a problem
    11/4/2023Price change$1,950,000-9.3%$432/sqft
    Source: ARMLS #6558755 Report a problem
    10/26/2023Price change$2,150,000-4.4%$477/sqft
    Source: ARMLS #6558755 Report a problem
    9/28/2023Price change$2,250,000-10%$499/sqft
    Source: ARMLS #6558755 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,185 +4.8%$148,660 -5.3%
    2024$6,859 +1.2%$156,980 +55.9%
    2023$6,774 +5.1%$100,697 +1.1%

    Find assessor info on the county website

    Neighborhood: 85260

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cheyenne 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$2,287,500
    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
    $2,287,500