
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 | $4,900,000* List Price | 5 | 5 | 5,411 | $906 | - |
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.
Golf Membership Available at increased price- This is your opportunity to own a stunning, brand-new 5,411-square-foot, 6-bedroom home by Black Stone Development for under $5 million—ready for move-in by winter 2026. Crafted by esteemed builders, Black Stone Development, in collaboration with Graffin Design, this residence promises to be a contemporary masterpiece within the prestigious Desert Mountain community. Highlighted features of the main home include a spacious great room seamlessly connected to a formal dining area, an opulent chef's kitchen, 4 bedrooms, and 4 ½ baths. Ascending to the second level, you'll find a versatile study/lounge, a flex exercise room (with closet space, doubling as a potential 5th bedroom), and an expansive roof deck off. Additionally, a separate casita with a full bath ensures privacy for both homeowners and guests alike. Step into the ultimate outdoor retreat, complete with a magnificent pool and spa, multiple fire pits, serene water features, an outdoor kitchen, and charming patios that perfectly encapsulate the quintessential Arizona lifestyle. Car enthusiasts will appreciate the four-car garage, supplemented with ample storage space. Every detail of this home has been meticulously planned to enhance your living experience. Early buyers will have the unique opportunity to provide input on customization and select interior finishes to tailor the home to their preferences. Don't miss out on this exceptional opportunity to own a piece of Desert Mountain luxury living. With this purchase, you'll have access to a full golf membership and enjoy a complimentary 6-month rental of a Desert Mountain home while your dream home is being completed.
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 | 91% |
| Baths | 5.0 | 4.0 | 68% |
| Square foot | 5,411 | 3,626 | 90% |
| Lot Size | 35,947 | 37,449 | 46% |
| Price | $4.90M | $0 | 94% |
| Price per sq ft | $906 | $0 | 93% |
| Built year | 2025 | 2004 | 98% |
| HOA | $1939 | $300 | 93% |
| Days on market | 521 | 1998 | 24% |
Nov 17, 2024
$4,900,000
Initial Listing