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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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#: 6558755

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
| Date | Event | Price |
|---|---|---|
| 12/11/2023 | Sold | $1,885,000-3.3%$418/sqft |
Source: | ||
| 12/1/2023 | Pending sale | $1,950,000$432/sqft |
Source: | ||
| 11/4/2023 | Price change | $1,950,000-9.3%$432/sqft |
Source: | ||
| 10/26/2023 | Price change | $2,150,000-4.4%$477/sqft |
Source: | ||
| 9/28/2023 | Price change | $2,250,000-10%$499/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 9/10Cheyenne Traditional Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 10/10Desert Mountain High SchoolGrades: 9-12Distance: 3.7 mi
- 8/10Desert Canyon Middle SchoolGrades: 6-8Distance: 1 mi
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
