3701 N Marshall Way, Scottsdale, AZ 85251 (MLS# 5564000)

3701 N Marshall Way, Scottsdale, AZ 85251

$3,950,000
Property Type: Residential Bedrooms: 5 Baths: 5.5 Square Footage: 6,602 Lot Size (sq. ft.): 12,731 Status: Closed
Current Price: $3,950,000 Last Modified: 12/15/2022

Description

DOWNTOWN SCOTTSDALE- A very rare opportunity to purchase two adjacent parcels featuring a four-bed, four-bath CUSTOM HOME WITH SEPARATE GUEST HOUSE, on-site commercial restaurant and retail/office space. This stunning property has been featured in more than 40 publications including New York Times, Marie Claire and Esquire Magazine. PARCEL A is a new build completed in 2013 and includes a chef-driven restaurant and a fully furnished, custom four-bedroom (all en-suites) residence with chef’s gourmet kitchen with 10’ marble island, Ilve range, two sub-zero refrigerators, reclaimed wood floors, polished nickel fixtures, Victoria & Albert soaking tubs, Waterworks tile, 9’ walnut hand-made farm table, Kreiss & RH seating, stunning chandeliers, KingsDown mattresses and much, much more.

Supplements: With more than 2,900sf of exterior space, Parcel A features a one-of-a-kind 43' infinity, stainless steel lap pool, a chef's garden and a gas fireplace with antique Belgian brick and French fireback. Property includes a single car garage and three covered parking spaces. It currently operates as a 4-room boutique inn. The restuarant space is currently leased to a local chef and is one of the hottest restaurants in downtown Scottsdale, seating 30 inside and 70 for al fresco dining in the olive tree-shaded courtyard and new front patio. PARCEL B offers a guesthouse and three small retail/office spaces. Completely renovated in 2015, it features a 1,200sf loft apartment with wood and steel trusses, a steel staircase to a sleeping loft, French tile floors, a Bertazzoni range, custom bookshelves and a wood-burning stove. This apartment comes with its own private patios. Currently used as private residence. The retail/office spaces are approximately 525sf each, and could be home to retail boutiques (wine, flower and gifts, market items from restaurant, etc.) or private office space. Spaces are currently uses as office, fitness center and bike shop. Parcel includes three off-street parking spaces. Amazing opportunity to own your own live/work space with revenue-generating restaurant or continue to run as a successful boutique inn!

More Information MLS# 5564000

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $3,950,000 Status: Closed Current Price: $3,950,000 List Date: 2017-02-20

Location, Tax & Legal

Assessor's Map #: 13 Assessor's Parcel #: 13 Assessor Parcel Ltr: A Tax Municipality: Scottsdale Taxes: 8380 Map Code/Grid: P37 House Number: 3701 Compass: N Street Name: Marshall St Suffix: Way City/Town Code: Scottsdale State/Province: AZ Zip Code: 85251 County Code: Maricopa Assessor Number: 130-13-013-A Subdivision: Ivy Court Tax Year: 2016

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Approx SQFT: 6602 Price/SqFt: 598.3 Approx Lot SqFt: 12731 Horses: N Builder Name: unknown Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Tavan Elementary School Jr. High School: Ingleside Middle School High School: Arcadia High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 3 Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 5 Total Bathrooms: 5.5 Year Built: 2012

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1 Other: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Composition: 1 Rolled: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: % Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: % Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 0

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Add'l Property Use

Other: 1

Fireplace Features

Fireplace Master Bdr: 1 Exterior Fireplace: 1

Flooring

Concrete: 1 Wood: 1

Window Features

Dual Pane: 1 Low-Emissivity Windows: 1 Vinyl Frame: 1 Wood Frames: 1

Private Pool Features

Heated: 1 Lap: 1

Community Features

Biking/Walking Path: 1

Dining Area

Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Electric: 1

View

Mountain(s): 1

Kitchen Features

Built-in Microwave: 1 Dishwasher: 1 Disposal: 1 Engy Star (See Rmks): 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Multiple Ovens: 1 Non-laminate Counter: 1 Refrigerator: 1 Gas Cooktop: 1

Cooling

Ceiling Fan(s): 1 Programmable Thmstat: 1 Central Air: 1 Other: 1 See Remarks: 1

Interior Features

Skylight(s): 1 Vaulted Ceiling(s): 1 9+ Flat Ceilings: 1 Fire Sprinkler System: 1 No Interior Steps: 1 Water Softener Owned: 1 Water Purifier: 1 Furnished(See Rmrks): 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1 Guest Qtrs-Sep Entrn: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Accessibility Feat.

Bath Roll-In Shower: 1 Bath Scald Ctrl Fct: 1

Technology

3+ Exist Tele Lines: 1 Pre-Wire Srnd Snd: 1 Sat Dish Intrnt Lsd: 1 High Speed Internet: 1 Ntwrk Wrng Multi Rms: 1

Fencing

Block: 1 Wrought Iron: 1 Wood: 1

Water Source

City Water: 1

Exterior Features

Balcony: 1 Separate Guest House: 1 Patio: 1 Storage: 1 Other: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 3 Total Covered Spaces: 4 Garage Spaces: 1 Carport Spaces: 3

Parking Features

Attch'd Gar Cabinets: 1 Detached: 1 Over Height Garage: 1 Extended Length Garage: 1 Garage Door Opener: 1 RV Access/Parking: 1

New Financing

Cash: 1 Conventional: 1

Energy/Green Feature

Multi-Zones: 1 Fresh Air Mechanical: 1

Plumbing

Engy Star Ht Wtr Htr: 1 Gas Hot Water Heater: 1 Propane Hot Wtr Htr: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Conventional: 1

Property Description

City Light View(s): 1 North/South Exposure: 1 Alley: 1

Landscaping

Auto Timer H2O Front: 1 Auto Timer H2O Back: 1 None: 1

Unit Style

Poolside: 1 Courtyard Facing: 1 Penthouse: 1

Disclosures

Seller Discl Avail: 1

Possession

By Agreement: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Sold Info

Loan Type: Conventional Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Goldwater and Marshall Way Directions: North on Marshall Way to property Geo Lat: 33.490685 Geo Lon: -111.927958

Status Change Info

Off Market Date: 2017-04-21 Under Contract Date: 2017-02-28 Close of Escrow Date: 2017-04-28 Sold Price: $3,950,000

Legal Info

Lot Number: 4

Property Features

Special Listing Cond: N/A Add'l Property Use: Other View: Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Fireplace Features: Fireplace Master Bdr; Exterior Fireplace Flooring: Concrete; Wood Window Features: Dual Pane; Low-Emissivity Windows; Vinyl Frame; Wood Frames Private Pool Features: Heated; Lap Spa: None Community Features: Biking/Walking Path Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks); Multiple Ovens; Non-laminate Counter; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Great Room; Guest Qtrs-Sep Entrn Interior Features: Skylight(s); Vaulted Ceiling(s); 9+ Flat Ceilings; Fire Sprinkler System; No Interior Steps; Water Softener Owned; Water Purifier; Furnished(See Rmrks) Technology: 3+ Exist Tele Lines; Pre-Wire Srnd Snd; Sat Dish Intrnt Lsd; High Speed Internet; Ntwrk Wrng Multi Rms Exterior Features: Balcony; Patio; Separate Guest House; Storage; Other Parking Features: Attch'd Gar Cabinets; Detached; Extended Length Garage; Garage Door Opener; Over Height Garage; RV Access/Parking Construction: Wood Frame; Other Const - Finish: Painted; Stucco Roofing: Composition; Rolled Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat; Other; See Remarks Heating: Electric Plumbing: Engy Star Ht Wtr Htr; Gas Hot Water Heater; Propane Hot Wtr Htr Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Wrought Iron; Block; Wood Property Description: City Light View(s); North/South Exposure; Alley Landscaping: Auto Timer H2O Front; Auto Timer H2O Back; None Possession: By Agreement Unit Style: Poolside; Courtyard Facing; Penthouse Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: Scottsdale Classic Real Estate
IDX
Last Updated: December - 15 - 2022
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