$1,599,999
$50K PRICE DROP

16410 E Leo Dr Fountain Hills, AZ 85268

Estimated payment $9,161/month

Total Views 4,454
3 Beds
2.5 Baths
2,900 Sq Ft
$552 Price per Sq Ft

Highlights

  • Heated Pool
  • City Lights View
  • Family Room with Fireplace
  • Fountain Hills Middle School Rated A-
  • 1.14 Acre Lot
  • Vaulted Ceiling

About This Home

Nestled on over an acre of pristine desert landscape, this custom estate is a rare find, seamlessly blending contemporary sophistication with the natural beauty of Arizona. From the moment you step inside, you'll be captivated by panoramic views of Four Peaks and Fire Rock, framed by expansive windows that bathe the home in natural light.The open floor plan and soaring ceilings create a sense of space and grandeur, enhanced by architectural details such as stunning vigas and three fireplaces. The heart of the home is the chef-inspired kitchen, featuring illuminated white glass cabinets, high-end stainless steel appliances, a sleek induction cooktop, and luxurious terrazzo and quartz countertops. Whether you're preparing a gourmet meal or enjoying your morning coffee, the breathtaking views from the kitchen are sure to inspire.Step outside to your east-facing covered patio, where you can relax and unwind while soaking in the serene surroundings. The backyard is an entertainer's paradise, featuring a newly added expansive ramada, perfect for outdoor dining and lounging in style. The thoughtfully designed outdoor space also includes a new pool and spa, lush landscaping, and a putting green, ideal for perfecting your short game or hosting gatherings.The primary suite is a retreat in itself, boasting vaulted ceilings, a spa-like bathroom with a whirlpool therapy tub featuring an ozonator, and a spacious walk-in closet. Two additional guest bedrooms offer comfort and privacy, including a versatile Murphy bed with its own private patio access.With no HOA, this home provides flexibility and freedom, all while offering unparalleled luxury and style. Located in a quiet and picturesque setting, yet close to the amenities of Fountain Hills, this estate truly embodies the best of Arizona living.This is more than a homeit's a lifestyle. Make it yours today!

Listing Agent

Lisa Murray

Russ Lyon Sotheby's International Realty License #BR557263000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 1992

Lot Details

  • 1.14 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Heated Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Mechanical Sun Shade
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2025
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Pool Updated in 2022
  • Heated Pool
  • Spa
  • Pool Pump

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Schools

  • Mcdowell Mountain Elementary School
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Propane
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Pappas
  • Fountain Hills Arizona No. 412 B Blocks 1 3 Lots 1 Subdivision, Custom Floorplan

Listing and Financial Details

  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 176-09-260

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,973

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Saguaro/Shea
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 16
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2025
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: From Shea and Saguaro, turn south on Saguaro to Leo Drive. Turn Left and follow street around to home. Home is on the left side.
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.14
  • Subdivision Name: FOUNTAIN HILLS ARIZONA NO. 412-B BLOCKS 1-3 LOTS 1
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Appliances: Water Purifier
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2900.0
  • Stories: 1
  • Window Features: Dual Pane, Mechanical Sun Shds, Wood Frames
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: McDowell Mountain Elementary School
  • High School: Fountain Hills High School
  • Junior High Dist: Fountain Hills Unified District
  • Middle Or Junior School: Fountain Hills Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49510.0
  • Parcel #: 176-09-260
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Pappas

Tax Info

  • Tax Annual Amount: 2973.0
  • Tax Block: 3
  • Tax Book Number: 176.00
  • Tax Lot: 3
  • Tax Map Number: 9.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,973 $59,400 -- --
2024 $2,830 $56,571 -- --
2023 $2,830 $76,260 $15,250 $61,010
2022 $2,757 $57,480 $11,490 $45,990
2021 $3,061 $50,630 $10,120 $40,510
2020 $3,006 $48,580 $9,710 $38,870
2019 $3,080 $45,220 $9,040 $36,180
2018 $3,066 $47,450 $9,490 $37,960
2017 $2,942 $46,450 $9,290 $37,160
2016 $2,515 $46,260 $9,250 $37,010
2015 $2,721 $39,570 $7,910 $31,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $1,599,999 -3.0% $552 / Sq Ft
02/28/2025 02/28/25 For Sale $1,650,000 +106.3% $569 / Sq Ft
04/04/2019 04/04/19 Sold $800,000 -1.1% $276 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $809,000 +40.9% $279 / Sq Ft
12/19/2013 12/19/13 Sold $574,000 -2.7% $198 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $589,900 +37.2% $203 / Sq Ft
01/23/2013 01/23/13 Sold $430,000 -21.8% $148 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $550,000 -- $190 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $800,000 Old Republic Title Agency
Interfamily Deed Transfer -- None Available
Warranty Deed $574,000 First American Title Ins Co
Cash Sale Deed $430,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- United Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $309,000 New Conventional
Previous Owner $405,000 New Conventional
Previous Owner $459,000 Seller Take Back
Previous Owner $100,000 Credit Line Revolving
Previous Owner $185,000 No Value Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6825514

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-09-260