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