4801 N 72nd Way, Scottsdale, AZ 85251

$650,000
3
BD
2.5
BA
2,205
SqFt
Sold Price
$650,000
List Price
$725,000
Closing Date
Jun 06, 2019
Days on Market
264
Status
CLOSED
MLS#
5820016
City
Scottsdale
Bedrooms
3
Bathrooms
2.5
Living SQFT
2,205
Lot Size
1,520
Subdivision
Royale Gardens Scottsdale
Year Built
1963
Type
Townhouse

Property Description

Historic mid-mod original with options galore. As is, this AirBNB Superhost nets $65k+ annually. Activate additional vacation rental platforms + social media to increase bottom line. Renovate property properly & let global design editorial catch the eye of your next buyer. Make the 1962-built, poolside model unit your own and let art in architecture uniquely come together as a place to call home. 1 of 10 Malouf Enterprises Townhomes, features lot length private yard. (Front 32 homes built later by Dell Trailor.) Royale Gardens 1 offers architectural significance, a rich, well documented past plus lux amenities; private clubhouse, unique oval pool, and private drive. Steps from Fashion Square, Postino, Scottsdale Waterfront & more! If there are any old secrets left in 85251—the high-profile, ever-evolving downtown Scottsdale ZIP code—one of the sweetest is Royale Gardens. About a decade after the city's 1951 incorporation, developer Malouf Enterprises dug into a plot of land northeast of Camelback and Scottsdale roads to test an emerging "condominium" concept. The niche neighborhood that resulted is still quietly standing and stunning today, shielded from traffic, noise and prying eyes while remaining steps from a seriously significant intersection. One of Royale Gardens' original units, 4801 N. 72nd Way, stands tall and deceptively lean adjacent to a landscaped central drive and a poolhouse with a scalloped flying roof. Behind the front door of the listed property sit a surprisingly broad living room, powder room and loungey, red-lacquered kitchen/bar. Sliding glass doors lead to a patio that could, conceivably, take on a single-lane lap pool without sacrificing party capacity. An open-slat staircase leads to three bedrooms, two full baths, playful interactivity, and an array of recessed storage solutions. Alternately owner-occupied and Airbnb-beloved, the slim unit provides intimacy where most coveted, as in the ambient-but-discreet window between master bed and bath, and generous hospitality for a dozen or more guests. Royale Gardens lies north of the cruise-ship-shaped Mercedes-Benz Scottsdale dealership and east of wine/bruschetta bistro Postino. Walkable curiosities include Optima Camelview Village (architectural greenscaping), Scottsdale Fashion Square (upscale shopping and dining) and Soleri Bridge & Plaza (monumental windbells and solstice-celebrating pylons). Condominiums aren't the curiosity they were in the 1960s, but an original model that rivals contemporary builds in substance and style is something to behold. 4801 N. 72nd Way at Royale Gardens is proudly represented for sale by Ben Brosseau, a Scottsdale-based REALTOR® drawn to residential architecture with interesting backstories

Additional Information

Elementary School
Kiva Elementary School
High School
Saguaro Elementary School
Middle School
Mohave Middle School
School District
048 - Scottsdale Unified District
Architecture
Contemporary, Other (See Remarks)
Assoc Fee Includes
Blanket Ins Policy, Common Area Maint, Garbage Collection, Other (See Remarks), Street Maint, Sewer, Water
HOA Transfer Fee
350
Hoa Fee
$285
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
Royale Gardens 1 HOA
Association Info
NoVsble TrkTrlrRvBt, Other (See Remarks), Pets OK (See Rmrks), Self Managed
Builder Name
Malouf
Community
Royale Gardens
Community Features
Community Pool, Community Pool Htd
Construction
Other (See Remarks)
Cooling
Refrigeration
Dining Area
Eat-in Kitchen, Formal
Exterior Features
Balcony/Deck(s), Covered Patio(s), Other (See Remarks), Patio, Private Street(s), Pvt Yrd(s)/Crtyrd(s), Storage Shed(s)
Features
Other (See Remarks)
Fencing
Block
Finish
Painted, Stucco
Fireplace
1 Fireplace, Fireplace Living Rm, Gas Fireplace, Other (See Remarks)
Flooring
Tile, Wood
Garage Spaces
2
Heating
Gas Heat
Kitchen Features
Disposal, Dishwasher, Refrigerator, Pantry, Built-in Microwave
Landscaping
Yrd Wtring Sys Back, Yrd Wtring Sys Front
Laundry
Dryer Included, Inside Laundry, Other (See Remarks), Washer Included
Living Area
2,205
Lot Size
1,520
Master Bathroom
Double Sinks, Full Bth Master Bdrm, Other (See Remarks), Separate Shwr & Tub
New Financing
Cash, Conventional
Parking Features
Electric Door Opener, Rear Vehicle Entry
Property Description
Alley, Cul-De-Sac Lot, Corner Lot
Property Use
Other (See Remarks)
Roofing
Concrete, Foam
Services
City Services
Sewer
Sewer - Public, Sewer in & Cnctd
Spa
None
Stories
2
Style
End Unit, One Common Wall, Poolside, Two Levels
Subdivision
Royale Gardens Scottsdale
Taxes
$2,408
Tax Year
2017
Utilities
SRP, SW Gas
Water
City Water

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Listing courtesy of HomeSmart. Selling Office: Realty ONE Group.

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