tomo logo

$4,450,000

Beds
4
Baths
5.5
sq ft
6,854

8702 East Jenan Drive, Scottsdale, AZ 85260

8702 East Jenan Drive

Scottsdale, AZ 85260

  • 103 days on market
    • Price drop $50,000↓
Conveniently located in the ''Cactus Corridor'', this property is just minutes away from the best dining and shopping Scottsdale has to offer at Kierland Commons and Scottsdale Quarter. For those seeking entertainment and adventure, Talking Stick Casino, the Butterfly Preserve, and the OdySea Aquarium are all within a 10-minute drive. Nature enthusiasts will appreciate the proximity to the Sonoran Preserve, while nightlife aficionados will enjoy the top bars, restaurants, and nightlife in Old Town Scottsdale, all just minutes away. Nestled in the heart of Scottsdale, Arizona, this exquisite estate offers a luxurious retreat with unparalleled amenities. Boasting 4 bedrooms, 5 full and one half bath, and a generous 6,854 square feet of living space, this modern masterpiece is a true gem. Step inside to discover a world of sophistication, with high-end finishes and meticulous attention to detail at every turn. The gourmet kitchen features Thermador Pro Series appliances and a 60 inch range with steam oven, perfect for the culinary enthusiast. The living and entry areas showcase stunning 5/8-inch thick wire-brushed oak engineered flooring in a herringbone pattern, adding a touch of elegance to the space. In addition to its stunning features, this exceptional property also offers the convenience of an attached 3-car garage, providing ample space for your vehicles. For those with a passion for cars or RVs, the estate includes a detached 1,650 square foot garage, ensuring that you have plenty of room to house all of your favorite vehicles and toys. Entertainment is effortless with the home's Control 4 automation and in-ceiling speakers throughout, creating the perfect ambiance for any occasion. Step outside to your own private oasis, complete with a resort-style pool featuring a swim-up bar and a large attached hot tub. The outdoor space also includes a one-of-a-kind 48-inch dropdown BBQ, a retractable outdoor projector, a firepit, and updated landscaping, making it ideal for outdoor dining and relaxation. Experience the true Arizona dream with this exceptional property. Live in luxury, entertain in style, and make this modern masterpiece your own! There is also a "Hidden Room" off the master that's set up like a gym, and a full bath out by the pool!

Details

Property type

Single Family Residence

Est. home value

$4,662,510

Lot size

0.81 acres

Price per sq ft

$650

Year built

2019

Annual property taxes

$7,874

Price History

05/07/2024
ArizonaRegional

ArizonaRegional #6682432

Price change
$4,450,000
-1.11%
04/22/2024
ArizonaRegional

ArizonaRegional #6682432

Listed
$4,500,000
04/13/2024
ArizonaRegional

ArizonaRegional #6682432

Pending
$4,500,000

Schools & Community

Neighborhood: 

North Scottsdale

Elementary school: 

Cochise Elementary School

Middle school: 

Cocopah Middle School

High school: 

Chaparral High School

High school district: 

Scottsdale Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,708,350
Asking price
$4,450,000
Closing costs (~8% of asking)
-$356,000
Est. remaining loan balance
-$2,385,650
Cash to seller
$1,708,350

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Neighborhood Loans

Loan start date

April 2021

Original loan amount

$2,560,000

Est. remaining balance

$2,385,650

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Elijah Hise Norton

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

New
ArizonaRegional
$4,500,000
6 bd
|
9 ba
|
7,205 sq ft
|
House

8500 East Aster Drive, Scottsdale, AZ 85260

Price drop
ArizonaRegional
$4,950,000
5 bd
|
5 ba
|
6,191 sq ft
|
House

8014 East Sharon Drive, Scottsdale, AZ 85260

Price drop
ArizonaRegional
$3,950,000
5 bd
|
5 ba
|
6,213 sq ft
|
House

8326 East Wethersfield Road, Scottsdale, AZ 85260

Status: Active

Tomo last checked: 07/07/2024 at 5:05 AM

Listing updated: 07/01/2024 at 12:03 AM

Listed by: Ian Chait, Barrett Real Estate Phone #: (480) 864-2100

MLS: ArizonaRegional #6682432

ArizonaRegional logo

Recently listed in Scottsdale