9900 E LUXURY ASSISTED LIVING Boulevard, Scottsdale, AZ 85260 - MLS #6980286

images$8,999,900 images******** Beds

images******** Bath images16,000 sqft images********

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Description

Located in the heart of Scottsdale—one of Arizona's most desirable and upscale communities—this exceptional residential assisted living property offers a rare combination of safety, serenity, and prestige. Scottsdale is widely recognized for its high quality of life and is consistently favored by families seeking refined, accessible care environments. The property's proximity to top-tier hospitals, medical specialists, shopping, and cultural attractions provides unmatched convenience and confidence, making this location difficult to replicate within the residential assisted living market. The home was purpose-built as an elegant private residence rather than an institutional facility, with every detail designed to enhance comfort, dignity, and livability.

Supplements: High-end finishes, expansive common areas, abundant natural light, and tasteful décor create a warm, residential atmosphere that supports emotional well-being while maintaining operational efficiency and high care standards. Unlike traditional clinical settings, the property delivers a true luxury living experience. A distinctive feature of the property is the inclusion of two fully independent casitas, offering exceptional flexibility and convenience for live-in caregivers, owner-operators, or key staff. These casitas support the operation in the main care home, strengthen on-site oversight, and add meaningful operational value while preserving privacy and comfort. Outdoor living further differentiates the home. Beautifully landscaped grounds, shaded patios, and thoughtfully designed seating areas allow residents to safely enjoy Scottsdale's sunshine and desert environment. These outdoor spaces contribute directly to relaxation, mental wellness, and overall resident satisfaction. From a scale and infrastructure standpoint, the property is unmatched in the residential assisted living market. Encompassing approximately 16,000 square feet under roof, it is the largest residential assisted living property ever sold in Arizona. Three connected residences form a U-shaped floor plan featuring 21 full-size bedrooms, 22.5 full-size bathrooms with walk-in showers, three large kitchens, and five dedicated laundry areas. This level of infrastructure is rare in the sector and supports seamless operations while maintaining a high standard of care. The property offers meaningful upside through licensing expansion. Once the undergoing effort with the City of Scottsdale for the license capacity increase from 10 to 16 residents is completean expansion already approved in other municipalitiesthe home can immediately accommodate additional residents with no planning, construction, or permitting required. Operational efficiency is further enhanced by completed onsite parking, including 10 dedicated spaces for staff and visitors. The operating business is equally compelling. It specializes in higher-acuity residents, supported by an elevated staff-to-resident ratio, a care-focused layout, and extensive Directed Care experience. The business operates on a private-pay model with predictable monthly cash flow and premium pricing, supplemented by private long-term care insurance, reducing reimbursement risk and enhancing financial stability. Established systems for staffing, compliance, care delivery, and family communication are already in place, minimizing operational risk. The property and operation's moat and competitive advantage lies in its rare combination of physical design, infrastructure, and operational historydifficult for competitors to replicate. Overall, this offering represents a rare opportunity to acquire a luxury residential assisted living property paired with a proven, private-pay business, delivering durable cash flow with meaningful upside in both real estate and operations.

Property Features
Business Type: Health Services
Form of Ownership: Limited Liability Co
Sale Price Includes: Goodwill; Equipment; Inventory; Real Estate; License(s); Cvnt not to Compete; Mgmt Consult Agrmt; Other - See Remarks
Lease Information: None
Hours of Operation: 7 Days/Week
Type of Lease: None
Business Age: 10+ Years
Current Ownership: 10+ Years
Expenses Include: Utilities; Insurance; Advertising; Accounting; Legal; Supplies; Taxes - Real Estate; Taxes - Payroll; Licenses; Equipment Rental; Repairs; Payroll; Telephone; Owners Draw; See Remarks
Source of Fincl Data: Owner
Parking Features: Free; Parking Lot; Private; Paved; Off Street; See Remarks
Electric: APS; City Electric; Underground; Individual Meter
Gas: Natural Gas; SW Gas; City Gas; Underground; Individual Meter
Water Source: City Franchise
Sewer: Sewer - Public
Heating: Ceiling
Cooling: Ceiling Fan(s); Electric; Individual; Central Air
Lockbox Type: Other; See Private Remarks
Current Financing 1: Conventional
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Cash; Cash to Loan; Conventional; SBA; Owner May Carry; 1031 Exchange
Environmental: None
Contract Info
Current Price: $8,999,900
List Price: $8,999,900
Status: Active
List Date: 2026-02-05
Location
House Number: 9900
Compass: E
Street Name: LUXURY ASSISTED LIVING
St Suffix: Boulevard
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85260
Zip4: 5907
County Code: Maricopa
Subdivision: DESERT WIND UNIT 2
Assessor Number: 217-26-233
General Property Description
Sold Price Per SqFt: 562.49
Ttl Apx SqFt Bldg: 16000
# of Interior Levels: 1
Uncvrd Parking Spcs: 10
Flood Zone: No
Remarks Misc
Cross Street: 101 AND CACTUS
Directions: WILL BE DISCLOSED WITH NDA
Geo Lat: 33.593604
Geo Lon: -111.870032
Income Expenses
Net Operating Income: 560000
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 623-476-5450