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$2,400,000 Just Listed
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Property Description
**A once-in-a-generation opportunity to own one of the most iconic estates in Patterson Ranch!** Offered for the first time in 34 years, this landmark 1.38-acre estate represents one of the largest buildable homesites to become available in Patterson Ranch in years. Rich in neighborhood history, the property has long been recognized as one of the area's signature equestrian estates--once serving as a destination for horse training and riding while preserving the authentic character that made this neighborhood so sought after. Whether your vision is to restore and modernize a timeless horse property or create a spectacular custom estate from the ground up, the possibilities here are extraordinary. The existing residence offers a versatile floor plan featuring a four-bedroom main home with dedicated office, complemented by a detached one-bedroom, one-bath guest house with its own office--providing ample flexibility for multigenerational living, guests, or a private workspace. Surrounded by mature landscaping and expansive grounds, the property offers the rare combination of privacy, scale, and history in one of Scottsdale's most coveted acreage communities. Build the legacy home you've always envisioned, preserve the equestrian heritage, or thoughtfully reimagine the existing improvements into a truly exceptional estate. Properties of this caliber and significance rarely become available.
Full Property Details
Full Property Details for 8117 E Gray Rd
General
- Price: $2,400,000
- Taxes: $6,896 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7047472
- Updated: 6/28/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 2
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Electric Range, Electric Oven, Electric Cooktop
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: Diving Pool
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Maricopa
- Township: 3N
- Subdivision: PATTERSON RANCH LOTS 1 THRU 63 TRACTS A THRU B
- Cross Streets: Thunderbird & 81st St.
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Builder: NA
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Sq. Ft. Source: Owner
- Year Built: 1978
Additional Structures
- Other Structures: Separate Guest House
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 1.38
- Lot Size (Sq. Ft.): 60,112
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Desert Back, Desert Front, Dirt Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back, Grass Back
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Corral(s)
Financial Considerations
- Tax Amount: $6,896
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 11 PATTERSON RANCH LOTS 1 THRU 63 TRACTS A THRU B MCR 015846
- Property ID: 215-54-023
- Range: 4E
- Section: 12
- Lot Number: 11
Listed by The Brokery
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Schools
Schools serving 8117 E Gray Rd
School District:Paradise Valley Unified District
| Name | Grades | Distance |
|---|---|---|
Sonoran Sky Elementary School, Scottsdale, AZ 12990 North 75th Street, Scottsdale, AZ 85260 | K-6 | 1.1 mi |
Desert Shadows Middle School, Scottsdale, AZ 5858 East Sweetwater Avenue, Scottsdale, AZ 85254 | 7-8 | 2.8 mi |
Horizon High School 5601 East Greenway Road, Scottsdale, AZ 85254 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8117 E Gray Rd
Date
Details
Price
Change
Source
6/28/2026
Listed
$2,400,000
949.87%
MLS
7/30/1990
Sold
$228,600
—
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 8117 E Gray Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,896
2%
$139,270
—
2024
$6,737
2%
$139,270
2%
2023
$6,631
2%
$136,150
31%
2022
$6,527
—
$104,260
24%
2022
$6,527
-2%
$83,850
9%
2021
$6,655
3%
$77,150
7%
2020
$6,452
-1%
$72,010
10%
2019
$6,503
3%
$65,720
12%
2018
$6,309
5%
$58,850
3%
2017
$6,026
1%
$56,930
1%
2016
$5,953
5%
$56,130
-10%
2015
$5,644
-1%
$62,710
5%
2014
$5,688
17%
$59,670
35%
2013
$4,858
—
$44,150
—
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 8117 E Gray Rd
8117 E Gray Road, Scottsdale, AZ 85260 (MLS# 7047472) is a Single Family property with 5 bedrooms and 3 full bathrooms. 8117 E Gray Road is currently listed for $2,400,000 and was received on June 28, 2026. Want to learn more about 8117 E Gray Road? Do you have questions about finding other Single Family real estate for sale in Scottsdale? You can browse all Scottsdale real estate or contact a Coldwell Banker agent to request more information.

