85254 Homes with See Remarks Parking Features

Welcome to the vibrant 85254 zip code, nestled in the heart of Scottsdale, Arizona! Known for its stunning desert landscapes and upscale lifestyle, this area offers a unique blend of luxury living and outdoor adventure that attracts both families and professionals alike.

The 85254 zip code, often referred to as the “Magic Zip Code,” is celebrated for its prime location. Residents enjoy easy access to top-notch amenities, including world-class shopping, dining, and entertainment options. With the Scottsdale Quarter and Kierland Commons just a stone's throw away, you’ll find an array of boutiques, restaurants, and cafes to satisfy your every desire. Plus, the nearby McDowell Sonoran Preserve provides endless opportunities for hiking, biking, and exploring the breathtaking Arizona desert.

When it comes to homes in 85254, you’ll discover a variety of architectural styles, from contemporary masterpieces to charming ranch-style houses. Many properties in this area feature remarkable parking options, ensuring convenience and ease for residents and guests alike. With spacious driveways and garages, you’ll never have to worry about finding a spot for your vehicle.

Living in 85254 means embracing a lifestyle that balances luxury with the beauty of nature. Whether you’re looking for a cozy family home or a lavish retreat, this zip code has something to offer everyone. Come explore the enchanting neighborhoods of Scottsdale, where your dream home awaits!

Newest 85254 Homes with See Remarks Parking Features

$1,100,000

7051097 MLS ⋅ 11,034 SqFt.

This is a rare opportunity to acquire the leased-fee (lessor) interest in a five-property residential ground-lease portfolio across Scottsdale, Tempe, and Mesa -- three single-family homes, one triplex, and one fourplex, ten residential units in total. The owner holds the land and collects an in-place ground rent of approximately $31,707 per year that increases 17.5% every five years by contract. The leases are absolute-n: the lessees pay all property taxes, insurance, maintenance, and capital costs, leaving the owner with no operating responsibilities. Roughly 93 to 97 years remain on the 99-year terms, at the end of which the land and all improvements revert to the owner at no cost.

5 Property Leased-Fee Portfolio --, Scottsdale

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