This property appeals to both buyers seeking a fun Scottsdale-area home and investors looking for a short-term rental with a proven track record. Located in the highly desirable 85254 Magic Zip Code, it offers a Scottsdale address with City of Phoenix taxes. Kierland Commons, Scottsdale Quarter, golf, hiking, dining, Old Town Scottsdale, and Sky Harbor Airport are all nearby.The split floor plan features two primary suites on opposite sides of the home, a guest suite with a private entrance, additional flexible sleeping spaces, a billiards/game room, and a separate game-table area.The open-concept kitchen and living area is designed for entertaining, featuring Wolf appliances, Sub-Zero refrigeration, extensive shaker cabinetry, beverage refrigeration, and an oversized island with seating for six.Accordion-style glass doors open to a resort-style backyard with a heated saltwater pool, outdoor kitchen and bar, covered dining gazebo, multiple seating areas, gas fire pit, putting green, and mature landscaping.The primary suite offers backyard access, a custom walk-in closet, and a remodeled spa-like bath. A second primary suite includes its own updated bath. The home also features an additional large-capacity dryer in the garage.Seller-provided records reflect more than $541,000 in completed short-term rental payouts since Nov. 2020. Current analysis estimates approximately $42,000-$74,000 in potential annual stayed revenue. Rental history and performance information are available to qualified buyers.All furniture and furnishings can be included with an accepted offer, creating a turnkey opportunity. The home has also been professionally inspected and independently appraised, with both reports available for review.Whether youre seeking a luxury primary residence, second home, or established short-term rental, this property delivers exceptional lifestyle and investment potential.Past rental performance and revenue projections are provided for informational purposes only and are not a guarantee of future income. Buyers should independently verify STR regulations, licensing, operating expenses, management costs and projected revenue.
Listed By
Agency Name: Libertas Real Estate
Agency Phone: 623-271-9742
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 4,460.00 per month $3,616.55 Principal & Interest $369.50 Property Tax $473.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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5402 E Laurel Lane | MLS# 7071397
This single family home located at 5402 E Laurel Lane, Scottsdale, AZ 85254 is currently listed for sale with an asking price of $1,625,000. This property was built in 1983 and has 4 bedrooms with 3236 sq. ft. E Laurel Lane is located in the WOODLEAF 2 subdivision within the Scottsdale Unified District school district. Search WOODLEAF 2 real estate on www.arizonabest.com today.