For Sale House MLS# 7071397

5402 E LAUREL Lane

Scottsdale, AZ 85254

$1,625,000

Take the tour

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.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1983
Stories
1
Living area
3,236 sqft
Price / sqft
$502
Lot
0.32
Original price
$1,625,000
MLS #
7071397

Interior

Features
Central Air, Ceiling Fan(s), 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, Natural Gas, Inside, Tile, Fire Pit, Family Room, Gas, Fireplace, Load Controller, Multi-Zones, Bath Roll-In Shower
Flooring
Tile
Heating
Natural Gas
Cooling
Central Air, Ceiling Fan(s)
Laundry
Inside
Windows
Screens, Skylight(s), Dual Pane, Wood Frames

Exterior & lot

Features
Variable Speed Pump, Outdoor, Play Pool, Heated, Ranch, Private Yard, Built-in Barbecue, Gazebo, Attached Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
Construction
Stucco, Painted, Slump Block, Composition, Screens, Skylight(s), Dual Pane, Wood Frames
Roof
Composition
Lot
16740021, Block
Fence
Block
Pool
Variable Speed Pump, Outdoor, Play Pool, Heated
Parking
Attached Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
Garage spaces
2

Schools

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

Utilities

Utilities
Sewer in & Cnctd, Public Sewer, Public, Natural Gas Connected
Water
Public
Sewer
Sewer in & Cnctd, Public Sewer
Green features
Load Controller, Multi-Zones

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$4,434
Tax year
2025
Parcel
16740021

Location

Subdivision
WOODLEAF 2
County
Maricopa
Community
Maricopa, No Fees, Arizona Regional Multiple Listing Service 2, Scottsdale Unified District
Directions
Head south on N 56th St, Turn right onto E Laurel Ln. The property will be on the right.

Location

Neighborhood
WOODLEAF 2
School district
Scottsdale Unified District

Ask about this property

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Listed by Jeremy Fierstein, Libertas Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.