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3043 N 85th Pl, Scottsdale, Arizona 85251

5495

Bedrooms

Utilities Included

Bathrooms

Furnished

Yes

Available to Lease on

May 1, 2026

Property Type

Single Family

SQFT

3553

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Key metrics

Rent

5,495

Monthly Estimated Profit^?

2,555

Annual Estimated Profit^?

30,660

Acquisition Fee

2,500

Security Deposit

5495

Average Daily Rate

$534

Occupancy

50%

Annual Revenue

96,600

Key Features

This beautifully updated luxury single-family residence is located at 3043 N 85th Pl, offering an unbeatable location just minutes from Old Town Scottsdale. Boasting a massive 3,553 sq ft layout, this 5-bedroom, 3-bathroom home features clean contemporary finishes, soaring ceilings, and an open-concept great room flooded with natural light.

Designed for entertaining and ultimate relaxation, the home includes a modern kitchen with a large island and a dedicated game area currently outfitted with a pool table. The true highlight is the private, resort-style backyard, which features a sparkling pool and spa, a covered patio lounge, a fire pit, and an outdoor dining area. With quick access to Fashion Square Mall, premier dining, nightlife, and Spring Training facilities, this property is perfectly positioned for high-end corporate or luxury short-term stays.

Property Features

5 Bedrooms / 3 Bathrooms: A highly spacious, well-designed layout offering separated living spaces for added privacy.
Resort-Style Backyard: Features a sparkling pool and spa, fire pit, outdoor dining area, and a covered lounge.
Modern Kitchen & Entertaining: Equipped with a large island, sleek finishes, and a dedicated game/recreation area.
Premium Finishes: Offers soaring ceilings, abundant natural light, and quality contemporary upgrades throughout.
Prime Location: Minutes away from Old Town Scottsdale, Fashion Square Mall, golf courses, and Spring Training facilities.
Flexible Leasing: Available either fully furnished or unfurnished on a 12-month lease.

STR Regulations Summary:

Status:

STR Friendly

View Regulations Here

Short-term rental owners in Scottsdale must obtain and maintain an annual city license for each property, costing $250 per year1 2.

This is in addition to state and county requirements. To apply for a license, owners need to:

Obtain a Transaction Privilege Tax (TPT) license from the Arizona Department of Revenue2 3
Provide proof of $500,000 in general liability insurance coverage1 2
Designate a 24/7 emergency contact who can respond on-site within 1 hour1
Submit owner information, property details, and attestations of compliance with laws and background checks1

Operational Requirements

Once licensed, short-term rental operators must:

Notify neighbors within 300 feet of the rental property within 30 days of receiving the license1 2
Display the city-provided notice inside the rental property with license number, contact info, and other required information1
Limit occupancy to a maximum of 6 adults (or 2 adults per bedroom, whichever is less), plus their minor children1
Use the property only for lodging, not events1
Provide off-street parking1

Recent Updates

As of June 6, 2024, Scottsdale has implemented new rules to address nuisance parties:

Promoters can be held responsible for "nuisance parties"5
Police can remove non-residents from a property during a declared nuisance party5
Minors are prohibited from renting short-term rentals5

Tax Obligations

Short-term rental operators in Scottsdale are required to:

Collect state transaction privilege tax and county excise tax from guests5
Remit collected taxes to the appropriate authorities5

Display their TPT license number in all advertisements5

Scottsdale, Arizona applies the same short-term rental laws to both owner-occupied and non-owner-occupied properties.

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STR Regulations Summary:

View Regulations Here

Property Location