
Scottsdale, AZ 85262
This Luxury Desert Mountain Residence is a Prime Investment Opportunity, listed at $3,100,000—positioned well below the $3,213,089 Fair Market Value by 3%. This valuation gap offers $113,089 in Instant Equity for a home in Mint, Turnkey Condition. The estate features a reimagined chef's kitchen, negative-edge pool, and panoramic mountain views, complemented by an available Seven Golf Membership. Located near Black Mountain Elementary, this property balances elite lifestyle with financial upside. It is ideal for Luxury Homeowners or Golf Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10541 E GROUNDCHERRY Lane 84 Subject | $3,100,000* List Price | 4 | 5 | 4,046 | $794 | - |
A 39903 N 98TH Way Sold | $3,150,000 | 4 | 5 | 4,332 | $727 | 1.0 mi |
B 10295 E RISING SUN Drive Active | $3,700,000 List Price | 4 | 6 | 4,088 | $905 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2003, the property has undergone a recent (<5y) comprehensive renovation and enhancement. Updates include a reimagined chef's kitchen with updated cabinetry and farmhouse sink, fresh interior paint, all-new designer lighting, and modern system upgrades including a fully owned solar system and integrated Sonos audio-visual equipment, placing it in mint, turnkey condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35896, living area = 4046.
The availability of a Seven Golf Membership in the prestigious Desert Mountain community provides immediate access to world-class amenities, a rare and highly sought-after benefit for luxury buyers.
The property features a striking negative-edge pool, spa, and an upper view deck that captures sweeping mountain vistas and city lights, creating a premier space for outdoor entertaining.
The association fee of $1,993 represents a significant recurring expense that adds to the overall cost of ownership within this exclusive enclave.
While the local schools are well-rated, they are located between 7 and 10 miles away, which may be a drawback for families seeking a more convenient daily commute.
Seven Golf Membership available! Discover a rare blend of seclusion, natural beauty, and elevated desert living within the prestigious guard-gated community of Desert Mountain in North Scottsdale, where sweeping mountain vistas & twinkling city lights create a truly captivating backdrop. This thoughtfully reimagined residence has been recently enhanced to deliver a refined, turnkey experience. Lush, newly revitalized desert landscaping surrounds the home, creating a welcoming approach that feels both serene and sophisticated. Inside, fresh interior paint throughout, including the kitchen and bar cabinetry, introduces a light, cohesive palette that enhances the home's warm, timeless feel. At the heart of the home, the chef's kitchen is designed for everyday living and effortless entertaining, featuring granite countertops, a generous island with seating, farmhouse sink and beautifully updated custom cabinetry. The spacious primary suite offers a peaceful retreat, while three guest en-suites, one currently used as an office, provide comfort and privacy for visitors. The outdoor living experience is equally impressive, with generous covered patios, a built-in barbecue and a cozy fireplace that invite year-round enjoyment. With a striking negative-edge pool and spa overlooking endless desert vistas, plus an upper view deck to take in the scenery from above, creating a tranquil, resort-style setting. Modern upgrades further elevate the home, including enhanced audio-visual systems with a premium Sonos sound system, integrated speakers, and a comprehensive security camera setup for added convenience. All-new designer lighting and custom window treatments have been thoughtfully incorporated throughout, adding a layer of polish and sophistication. Additional features include a fully owned solar system for energy efficiency. Furnishings available under separate bill of sale.
No exterior & parking available.
Grades PK-6 • 7.0 mi
Grades 6-8 • 9.9 mi
Grades 9-12 • 7.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 70% |
| Square foot | 4,046 | 3,567 | 66% |
| Lot Size | 35,896 | 35,896 | 50% |
| Price | $3.10M | $0 | 90% |
| Price per sq ft | $766 | $0 | 91% |
| Built year | 2003 | 2003 | 50% |
| HOA | $1993 | $300 | 95% |
| Days on market | 51 | 2161 | 1% |
Apr 24, 2026
$3,100,000
Initial Listing