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$1,695,000
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Property Description
Modern Luxury, rebuilt from the ground up Welcome to this fully reimagined hillside estate, where every square foot has been meticulously designed for elevated desert living. With over 5,000 sq ft of luxury space and panoramic views, this Fountain Hills home blends architectural sophistication with livable comfort. Added incentives include 10k seller credit to be used toward rate buy down or wellness package including hot tub, sauna, cold plunge, lighting package, up top 10k. For added piece of mind seller has also completed a pre home inspection available to interested buyers. A complete gut remodel brought in brand-new systems, designer fixtures, custom cabinetry, quartz surfaces, and seamless indoor-outdoor flow through massive sliders. Large second living area perfect for guests, teens, or multi-gen living Luxury Highlights Gourmet kitchen with professional-grade Thermador appliances Grand open-concept layout with high ceilings and walls of glass Spa-inspired primary suite with custom closets and sweeping mountain views Resort-style backyard with pool, spa, and multiple patios for dining and lounging Oversized 4-car garage (including a detached 2-car structure) No HOA total flexibility for owners or investors Investor Opportunity This property isn't just luxuryit's income potential in disguise. With its size, layout, and location, this home can comfortably sleep 15+ guests, making it an ideal short-term rental or executive retreat. The second 2-car garage offers additional upside it can be converted into another bedroom, casita, or studio suite, expanding capacity and potential nightly rates even further. Key investor features: High-occupancy potential for group rentals or corporate stays Separate guest spaces and multiple living zones for privacy Ample parking for large gatherings Turn-key remodel means no immediate capital expenses No HOA restrictions on rentals For investors seeking strong STR income or multi-family flexibility, this property delivers rare scale, privacy, and profit potential all in one of the most desirable corners of Fountain Hills. Next-Level Basement Expansion The crown jewel of the remodel is the newly finished 1,600 sq ft basement, thoughtfully built out for entertainment and versatility: Two additional bedrooms Private movie/theatre room Dedicated gym/exercise roo
Full Property Details
Full Property Details for 15731 E Sycamore Dr
General
- Price: $1,695,000
- Taxes: $4,287 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6937831
- Updated: 1/15/2026
- Added to Site: 73 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
- Fireplace: Yes
- Fireplace(s): Gas
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Additional Information
- Pool: Yes
- Pool Description: Variable Speed Pump, Fenced
Exterior
- Exterior Features: Balcony, Storage
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Garage Door Opener
Location
- County: Maricopa
- Township: 3N
- Subdivision: FOUNTAIN HILLS ARIZONA NO. 603C LOT 19, 21 BLOCK 2
- Cross Streets: Palisades and Thistle
Community
- Assoc. Fees Include: No Fees, Other (See Remarks)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: Pvt Water Company
- Utility Description: Propane
Structural Information
- Architectural Style: Contemporary,
- Builder: Custom
- Exterior Const.: Stucco, Wood Frame, Painted, Stone, ICFs (Insulated Concrete Forms)
- Roof: Tile
- Windows: Solar Screens, Dual Pane, Tinted Windows
- Sq. Ft. Source: Assessor
- Year Built: 1996
Additional Structures
- Other Structures: Separate Guest House
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 1.05
- Lot Size (Sq. Ft.): 45,673
- Lot Size Source: Assessor
- Lot Features: Adjacent to Wash, North/South Exposure, Hillside Lot, Natural Desert Back, Gravel/Stone Front, Gravel/Stone Back
Financial Considerations
- Tax Amount: $4,287
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: FOUNTAIN HILLS AZ FINAL PLAT NO 603-C
- Property ID: 176-16-283
- Range: 6E
- Section: 16
- Lot Number: 2
Listed by Compass
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Schools
Schools serving 15731 E Sycamore Dr
School District:Fountain Hills Unified District
| Name | Grades | Distance |
|---|---|---|
McDowell Mountain Elementary School 14825 North Fayette Drive, Fountain Hills, AZ 85268 | PK-3 | 1.7 mi |
Fountain Hills Middle School 15414 N McDowell Mountain Rd, Fountain Hills, AZ 85268 | 4-8 | 2.3 mi |
Fountain Hills High School 16100 East Palisades Boulevard, Fountain Hills, AZ 85268 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15731 E Sycamore Dr
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$1,695,000
-4.51%
MLS
11/04/2025
Listed
$1,775,000
121.88%
MLS
11/25/2024
Sold
$800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15731 E Sycamore Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,129
-4%
$96,570
2%
2024
$4,287
29%
$94,470
-7%
2022
$3,324
—
$102,060
21%
2022
$3,324
—
$84,030
26%
2022
$3,324
-10%
$66,550
6%
2021
$3,690
2%
$62,760
3%
2020
$3,624
-2%
$61,080
1%
2019
$3,713
—
$60,300
-1%
2018
$3,696
4%
$60,650
2%
2017
$3,546
2%
$59,260
—
2016
$3,472
21%
$59,250
9%
2015
$2,872
-3%
$54,160
23%
2014
$2,948
6%
$44,080
16%
2013
$2,784
—
$38,060
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15731 E Sycamore Dr
15731 E Sycamore Drive, Fountain Hills, AZ 85268 (MLS# 6937831) is a Single Family property with 7 bedrooms and 5 full bathrooms. 15731 E Sycamore Drive is currently listed for $1,695,000 and was received on November 04, 2025. Want to learn more about 15731 E Sycamore Drive? Do you have questions about finding other Single Family real estate for sale in Fountain Hills? You can browse all Fountain Hills real estate or contact a Coldwell Banker agent to request more information.

