10120 E TOPAZ Drive, Scottsdale, AZ 85258, Scottsdale, 85258 - 3 bed, 2 bath
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Scottsdale, AZ 85258
This Luxury Waterfront Townhouse is a Strong Value Opportunity, listed at $1,950,000—positioned well below the $2,076,260 Fair Market Value by 6%. This valuation gap offers $126,260 in Instant Equity. The property holds a Luxury Condition Rating following a high-end renovation featuring custom cabinetry, wood flooring, and soaring wood beam ceilings. With a private boat dock on Lake Serena and proximity to top-rated schools like Laguna Elementary, it perfectly balances lifestyle prestige with financial upside. This is an ideal acquisition for Owner-Occupants or Luxury Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10120 E TOPAZ Drive Subject | $1,950,000* List Price | 3 | 2 | 2,516 | $825 | - |
A 10215 N 100TH Place Active | $1,600,000 List Price | 3 | 3 | 2,250 | $711 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1986, the property has clearly undergone an extensive high-end renovation within the last 5 years. The kitchen is fully modernized with custom white cabinetry, gold-tone hardware, premium stainless steel KitchenAid appliances, and stone countertops. The bathrooms feature updated vanities and contemporary fixtures. Throughout the home, there is new wood-look flooring, modern recessed lighting, and fresh paint, all of which meet current luxury standards with no signs of deferred maintenance.
The property features a private boat dock on Lake Serena with spectacular lake and mountain views, offering a rare and prestigious waterfront living experience in Scottsdale.
The great room boasts soaring wood beam ceilings and a wall of windows that flood the space with natural light, complemented by high-end finishes like plantation shutters and custom cabinetry.
Situated in the exclusive Las Brisas community within the 85258 zip code, the home is within walking distance to Laguna Elementary and close to top-tier Scottsdale amenities.
Built in 1986, the home may require updates to major mechanical systems or modern aesthetic renovations to justify its premium luxury price point.
At nearly $775 per square foot for a townhouse, the pricing is aggressive and may face appraisal challenges or limit the buyer pool to those specifically seeking lakefront access.
ENJOY THE PRIVILEGE OF LIVING IN SCOTTSDALES PREMIER WATERFRONT COMMUNITY WITH SPECTACULAR LAKE AND MOUNTAIN VIEWS.RELAX IN YOUR PRIVATE BACKYARD WITH COCKTAILS ON AN EVENING CRUISE ON LAKE SERENA WITH ACCESS FROM YOUR PRIVATE BOAT DOCK. GREAT ROOM HAS SOARING WOOD BEAM CEILINGS HIGHLIGHTED BY A WALL OF WINDOWS OVERLOOKING THE WATER.PLANTATION SHUTTERS,WOOD FLOORING, VAULTED CEILINGS, CUSTOM CABINETRY ARE JUST A FEW OF THE MANY AMMENITIES. SHOWN BY APPOINTMENT.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,516 | 1,997 | 84% |
| Lot Size | 7,227 | 4,332 | 87% |
| Price | $1.95M | $808.5K | 93% |
| Price per sq ft | $775 | $419 | 91% |
| Built year | 1986 | 1982 | 75% |
| HOA | $485 | $328 | 75% |
| Days on market | 33 | 2024 | 1% |
Mar 21, 2026
$1,950,000
Initial Listing