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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

Status Change Date: 2017-04-29 Sold Price: $3,950,000 Status: Closed Current Price: $3,950,000 List Date: 2017-02-20 Type: ER Ownership: Fee Simple

Location Tax Legal

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 Country: USA County Code: Maricopa Assessor Number: 130-13-013-A Subdivision: Ivy Court Tax Year: 2016

General Property Description

Dwelling Type: Single Family - Detached Dwelling Styles: Detached Exterior Stories: 2 # of Interior Levels: 2 # Bedrooms: 5 # Bathrooms: 5.5 Approx SQFT: 6602 Price/SqFt: 598.3 Horses: N Builder Name: unknown Year Built: 2012 Approx Lot SqFt: 12731 Pool: Private Only 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

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

Basement

Basement Y/N: N

Parking Spaces

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

Sold Info

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

Property Features

Special Listing Cond: N/A Add'l Property Use: Other (See Remarks) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room Fireplace: 3+ Fireplace; Fireplace Master Bdr; Exterior Fireplace Flooring: Concrete; Wood Windows: Dual Pane; Low-E; Vinyl Frame; Wood Frames Pool Features: Private; Heated; Lap Spa: None Community Features: Biking/Walking Path Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Range/Oven Gas; Cook Top Gas; 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 Features: Skylight(s); Vaulted Ceiling(s); 9+ Flat Ceilings; Fire Sprinklers; No Interior Steps; Water Softener Owned; Drink Wtr Filter Sys; Furnished(See Rmrks) Technology: 3+ Exist Tele Lines; Pre-Wire Srnd Snd; Sat Dish Intrnt Lsd; High Speed Internet Available; Ntwrk Wrng Multi Rms Exterior Features: Balcony; Patio; Separate Guest House; Storage; Other Parking Features: Attch'd Gar Cabinets; Detached; Electric Door Opener; Extnded Lngth Garage; Over Height Garage; RV Parking Construction: Frame - Wood; Other (See Remarks) Const - Finish: Painted; Stucco Roofing: Comp Shingle; Rolled Cooling: Refrigeration; 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: City Water Sewer: Sewer - Public Fencing: Wrought Iron; Block; Wood Property Description: City Light View(s); Mountain 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: Pasquel Properties, LLC
Last Updated: December - 15 - 2022
3701 N Marshall Way, Scottsdale, AZ 85251- MLS# 5564000
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