
Scottsdale, AZ 85258
This Stunning Waterfront Masterpiece is a High-Potential Investment Opportunity, listed at $1,997,000—positioned well below the $2,394,340 Fair Market Value by 16%. This significant valuation gap provides $397,340 in Instant Equity. Boasting an Excellent Condition Rating, the home features a designer chef’s kitchen, vaulted ceilings, and a private dock with McDowell Mountain views. Located near top-rated schools like Mountainside Middle, it offers a rare blend of luxury lifestyle and financial upside. This is an elite acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10463 N 101ST Place Subject | $1,997,000* List Price | 4 | 3 | 2,510 | $954 | - |
A 10175 E COCHISE Drive Sold | $1,865,000 | 3 | 3 | 2,140 | $871 | 0.1 mi |
B 9916 E TOPAZ Drive Active | $1,595,000 List Price | 4 | 2 | 2,662 | $599 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1991, the property has been extensively and recently renovated to a high standard. The interior features a completely re-imagined chef's kitchen with premium Perla Venata quartzite, designer cabinetry, and high-end built-in appliances. Bathrooms have been modernized with spa-like finishes, contemporary vanities, and updated tiling. The home showcases consistent modern wood flooring, updated light fixtures, and vaulted ceilings, presenting a move-in ready condition with no visible deferred maintenance.
Situated in the exclusive 'Island' subdivision, the property features a private dock and rare dual views of Lake Serena and the McDowell Mountains.
The recently re-imagined kitchen boasts premium Perla Venata quartzite counters, a massive center island, and high-end built-in appliances.
This Geoffrey Edmunds masterpiece offers a highly desirable single-story floor plan with vaulted ceilings and an open-concept layout.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2510, other record living area = 2302.
Built in 1991, the property may have aging structural components or utility systems that require attention despite the extensive interior aesthetic updates.
At approximately 8,691 square feet, the lot is relatively compact for the price point, which may limit yard space for those seeking more privacy or land.
STUNNING & BEAUTIFULLY RE-IMAGINED Scottsdale Ranch WATERFRONT HOME located in THE ISLAND. This single level 4 bedroom with 3 full bath Geoffrey Edmunds masterpiece offers a private, open & welcoming living experience with expansive views of the McDowell Mountains & Lake Serena. Living spaces are all generously sized with vaulted Great/Dining room, large guest bedrooms (1 en-suite) & baths. Primary bedroom with lake views includes a spa-like environment perfect an end of day wind down. Updated Chef's-style kitchen w/extensive built-in appliances, giant ''Perla Venata'' quartzite center island and designer cabinetry, plus a rare oversized custom designed garage, premium lot, private dock, amazing views of Lake Serena make this one a MUST SEE!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,510 | 2,427 | 54% |
| Lot Size | 8,691 | 9,977.5 | 36% |
| Price | $2.00M | $855.5K | 93% |
| Price per sq ft | $796 | $424 | 95% |
| Built year | 1991 | 1983 | 88% |
| HOA | $421 | $222 | 88% |
| Days on market | 50 | 2114 | 1% |
Mar 4, 2026
$1,997,000
Initial Listing