
Scottsdale, AZ 85262
This Luxury New Construction Masterpiece is listed at $4,900,000, offering a stable entry point at its $4,900,000 Fair Market Value. Boasting a Condition Rating of 2, this 5,411-square-foot residence features a Chef’s Kitchen, Separate Casita, and Unobstructed Mountain Views from an expansive roof deck. Residents enjoy the elite Desert Mountain lifestyle with a Pool and Spa and access to top-rated schools like Black Mountain Elementary, Sonoran Trails Middle, and Cactus Shadows High. This property provides a sophisticated sanctuary for Luxury Home Seekers or Owner-Occupants looking to customize their dream estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10023 E FILAREE Lane Subject | $5,400,000* List Price | 5 | 5 | 5,411 | $987 | - |
A 9423 E COVEY Trail Sold | $5,600,000 | 4 | 6 | 6,175 | $907 | 1.0 mi |
B 9423 E COVEY Trail Sold | $5,600,000 | 4 | 6 | 6,175 | $907 | 1.0 mi |
C 39870 N 98TH Way Active | $5,750,000 List Price | 5 | 5 | 5,258 | $1,094 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new luxury construction with a 2025 build date. The property features modern contemporary styling, high-end cabinetry, and premium tile work. As a new build, all systems and components are new, meeting the highest current quality standards with no deferred maintenance or physical depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35947, living area = 5411.
As a brand-new construction by Black Stone Development, early buyers have the unique opportunity to select interior finishes and customize the home to their specific tastes before its 2026 completion.
The property features an expansive outdoor retreat with a pool, spa, multiple fire pits, and a roof deck, all designed to maximize the stunning mountain views and the quintessential Arizona lifestyle.
With a move-in date projected for winter 2026, this property is not suitable for buyers seeking immediate occupancy or a quick relocation.
Beyond the nearly $5 million purchase price, the property involves a high monthly association fee of $1,939 and requires an additional cost for the golf membership.
DM Golf Membership included-An extraordinary architectural vision emerges from the Sonoran landscape - designed by Beau Graffin and built by Black Stone Development. The home is sculpted by dynamic rooflines, organic stone, steel, and sweeping walls of glass that dissolve the boundary between indoors and out. From every elevation, the interplay of natural light and desert sky creates a living glow that shifts with the sun, making this home feel perpetually, breathtakingly alive. The gated courtyard entry announces itself with quiet authority -- and the illuminated interior beyond stops you in your tracks. The main-level great room is an architectural statement in its own right: soaring ceilings, a freestanding floor-to-ceiling fireplace, and a seamless wall of glass opening to the covered, heated outdoor living and dining terrace. The kitchen is a chef's dream -- a dramatic 6' × 10' island, three walls of under-lit cabinetry, and a full suite of Wolf, Cove, and Sub-Zero appliances, anchored by a generous walk-in pantry and a back kitchen with coffee station and wine refrigerator for effortless entertaining. Three distinct outdoor spaces unfold across the property. The main terrace offers covered and heated living, dining, a pool, spa, and grilling area. A second courtyard invites with a 4-hole putting green and a linear fireplace ideal for stargazing. The upper-level patio -- warmed by its own fireplace and television beneath a stacked stone wall -- completes the picture. The main level primary suite is a sanctuary: a floor-to-ceiling fireplace, a luxurious spa bath, and a designer walk-in closet curated to impress. Two additional ensuite guest bedrooms, a powder room, and a designer laundry complete the main level in style. A statement underlit staircase -- framed by magnificent windows at every turn -- ascends to the upper level, where a guest bedroom, full bath, and a den or media room offer total privacy and relaxation. At the corridor's end, a flexible studio, fitness room, or additional bedroom is wrapped on three sides by windows framing the untouched desert beyond. The color palette presents light wood plank flooring, white walls and tile accents, beiges and greys with black fixtures, hardware and details. Situated within one of Arizona's most coveted addresses, Desert Mountain offers seven championship golf courses, seven architecturally distinctive clubhouses, world-class dining, and over 20 miles of private trails bordering Tonto National Forest. This mid-mountain location balances total privacy with easy access to Scottsdale's cultural scene, upscale shopping, and Phoenix Sky Harbor International Airport. This is not simply a residence -- it is an invitation to live exceptionally, where architectural integrity meets the majesty of the Sonoran Desert. A membership is available at an extra cost.
No exterior & parking available.
Grades PK-6 • 6.4 mi
Grades 6-8 • 9.5 mi
Grades 9-12 • 6.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 5.0 | 4.0 | 70% |
| Square foot | 5,411 | 3,567 | 90% |
| Lot Size | 35,947 | 35,937 | 51% |
| Price | $5.40M | $0 | 94% |
| Price per sq ft | $998 | $0 | 97% |
| Built year | 2025 | 2003 | 99% |
| HOA | $1939 | $300 | 95% |
| Days on market | 576 | 2163 | 16% |
May 23, 2026
$5,400,000
$4,900,000
+10% Price Increase
Initial Listing
Nov 17, 2024
$4,900,000
Initial Listing