Crocus — Scottsdale Acquisition & Repositioning

Offered at $1,890,000 5449 E Crocus Drive is a rare opportunity to secure a substantial Scottsdale residence as the foundation for a licensed residential-care operation. With 10 bedrooms and 5 bathrooms across approximately 4,605 square feet on an 18,700-square-foot lot, the property provides an experienced operator or investor with meaningful scale in one of the Valley’s most desirable markets—without the cost basis of an already-licensed or operating asset.

The residence is configured with multiple gathering spaces that support shared activities, quiet conversation, and family visits, while covered outdoor areas and mature landscaping extend the living environment beyond the walls of the home. The combination of bedroom count, floor area, and lot size creates a practical platform for an operator to design and implement a targeted improvement plan once necessary approvals are in place.

The property sits within convenient reach of Kierland Commons and Scottsdale Quarter, with regional healthcare anchors including Mayo Clinic’s Phoenix campus and HonorHealth Scottsdale Shea Medical Center nearby. For families and operators alike, the address carries the weight of a well-established, amenity-rich setting. This is a real-estate-only offering.

Status

Active

Asset type

Residential assisted living

Physical bedrooms

10

Physical bathrooms (including partial baths)

5

Assessor main living area

4,605 SF

Lot

18,700 SF

Location

5449 E Crocus Dr, Scottsdale, AZ 85254

Bedroom and bathroom counts describe the physical floor plan, not licensed capacity. Bathrooms include partial baths. Phoenix confirmed a 10-bed zoning registration; the seller-reported 10-resident Certificate of Occupancy has not been independently retrieved. Garage conversion and usable garage parking remain unverified. Crocus is vacant, unlicensed and nonoperating, with no current ADHS application. Any residential-care use requires the necessary approvals. The 4,605 SF figure is assessor-reported main living area, not independently verified gross building area.Listing record last verified October 18, 2026.

5449 E Crocus Dr, Scottsdale, AZ 85254

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The offering memorandum describes an acquisition and repositioning opportunity. Supporting confidential materials require separate review, authorization and an appropriate confidentiality agreement.