Rare $4 Million Luxury Home for Sale on Beloved Golf Course Ahead of Waste Management Phoenix Open

A luxury home sitting on the first hole of the famed golf course, which is host to this weekend’s Waste Management Phoenix Open, has hit the market.

“It’s very rare in here. It’s just a few homes a year that are even on the market on the course,” Sindy Ready, the president of Arizona Realtors, told the local network, AZ Family.

The $3,995,000 home, on the TPC Stadium Golf Course in Scottsdale, AZ, is described as a “state-of-the-art” smart home, according to the Realtor.com® listing. It was originally built in 1996 and then rebuilt over the past three years.

The three-bedroom, three-bath home features a chef’s kitchen with Calacatta gold quartz countertops, and a hidden steel vault door leads to a state-of-the-art safe room with 14-gauge steel panels.

The backyard features Michelangelo porcelain pavers, a saltwater pebble sheen Bella Blue Pool, and LED multicolored lighting. The two-car garage is climate-controlled and equipped with an epoxy floor, a high-lift insulated garage door, and a Versa Lift storage platform.

What makes the home rare and valuable is its location.

“A golf course property is going to add anywhere from $250,000 up to $400,000 to $500,000 depending on the view,” says Ready.

“You can get a great deal. You just have to be farther out, so Buckeye on the west side of town, Sun City and Surprise. And then over to San Tan on the east side of town.”

By the numbers

The single-family home is 2,842 square feet on a 7,120-square-foot lot. The HOA fees are $182 a month.

It’s not the first time this home has had a “For Sale” sign. Realtor.com shows the long history of transactions:

• July 1996: Newly built and sold for $386,000
• Dec. 20, 2020: Sold for $849,000
• Oct. 1, 2024: Listed for $4.4 million
• Jan. 11, 2025: Listing removed after 102 days
• Jan. 24: Listed for $3,999,999
• Jan. 25: Listing removed after 1 day
• Feb. 1: Listed for $3,995,000

Maybe timing is everything, as all eyes will be on the TPC Stadium Golf Course for the Waste Management Phoenix Open, with the final round taking place on Feb. 9.

Dubbed as golf’s biggest party, the action has been going on all week. Since the home sits on the first hole, there’s guaranteed to be a gallery of spectators walking by while looking to catch a glimpse of popular pros like Scottie Scheffler, Jordan Spieth, and Rickie Fowler.