5402 E Laurel Lane, Scottsdale, AZ

$1,625,000

Previous Next

4

Beds

3

Baths

3,236

Square feet

0.32

Acres

About 5402 E Laurel Lane

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 you're 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.

Features of 5402 E Laurel Lane

MLS® # 7071397
Price $1,625,000
Bedrooms 4
Bathrooms 3.00
Square Footage 3,236
Acres 0.32
Year Built 1983
Type Residential
Sub-Type Single Family Residence
Style Ranch
Status Active Under Contract

Community Information

Address 5402 E Laurel Lane
Subdivision WOODLEAF 2
City Scottsdale
County Maricopa
State AZ
Zip Code 85254

Amenities

Utilities APS, Natural Gas Connected, SW Gas
Parking Spaces 6
Parking Attached Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
# of Garages 2
Is Waterfront No
Has Pool Yes
Pool Variable Speed Pump, Outdoor, Play Pool, Heated

Interior

Interior Features Non-laminate Counter, High Speed Internet, Double Vanity, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, 3/4 Bath Master Bdrm
Appliances Dryer, Washer, Water Softener Owned, Gas Stub for Range, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Cooktop
Heating Natural Gas
Cooling Central Air, Ceiling Fan(s)
Fireplace Yes
Fireplaces Fire Pit, Family Room, Gas
# of Stories 1

Exterior

Exterior Features Built-in BBQ, Covered Patio(s), Patio, GazeboRamada, Pvt Yrd(s)Crtyrd(s)
Lot Description Borders Common Area, North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Windows Screens, Skylight(s), Dual Pane, Wood Frames
Roof Composition
Construction Stucco, Painted, Slump Block
Foundation Slab
Horse Property No

School Information

District Scottsdale Unified District
Elementary Sequoya Elementary School
Middle Cocopah Middle School
High Chaparral High School

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLibertas Real Estate

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?