
Fountain Hills, AZ 85268
This Fully Reimagined Modern Mediterranean Estate is a High-Potential Investment Opportunity, with a List Price of $1,199,900—positioned well below the $1,559,769 Fair Market Value by 23%. This valuation gap provides $359,869 in Instant Equity. Boasting a Like-New Condition Rating after a comprehensive 2026 renovation, the home features a designer kitchen, retractable glass walls, and a resort-style pool with mountain views. Set on over an acre with no HOA, it offers rare flexibility for an ADU. This is an exceptional find for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10643 N INDIAN WELLS Drive Subject | $1,150,000* List Price | 4 | 4 | 3,114 | $388 | - |
A 17055 E NICKLAUS Drive Sold | $1,350,000 List Price | 4 | 3 | 3,663 | 0.4 mi | |
B 16957 E MONTEREY Drive Active | $999,000 List Price | 3 | 3 | 3,081 | $324 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive 2026 renovation, effectively making it a like-new home despite its 1974 origin. It features a new roof, upgraded systems, and high-end finishes including a designer kitchen with soft-close cabinetry and a spa-inspired primary bathroom. The interior boasts modern large-format tile flooring, recessed lighting, and expansive retractable glass walls that integrate the living space with a pristine, resort-style pool area. All components appear new or virtually new with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44392, living area = 3114.
The estate has been fully reimagined with high-end finishes, including a new roof with a 5-year warranty, a designer kitchen, and upgraded systems, providing a turnkey, modern living experience.
Set on over an acre with no HOA restrictions, the property offers rare freedom for RV/boat parking and ample space to construct a future ADU, casita, or additional outbuildings.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While fully renovated, the home's 1974 origins may result in certain architectural or structural limitations compared to a contemporary ground-up construction.
The combination of a massive one-acre lot and extensive water features like the heated pool and waterfall will require significant ongoing upkeep and higher utility expenditures.
Set on over an acre with sweeping mountain views, this fully reimagined modern Mediterranean estate delivers refined desert living without HOA restrictions. A complete 2026 renovation- includes a new roof (W/ 5-year warranty), designer kitchen with soft-close cabinetry, spa-inspired primary bath, new paint inside and out, and upgraded systems. Three expansive sliding glass walls fully retract, dissolving the boundary between interior and exterior and embracing true Arizona indoor-outdoor living. The backyard is a private resort -- heated pool with waterfall, integrated spa, sun shelf for lounging, and multiple outdoor living areas designed for entertaining. RV gate with parking available for a boat or RV. Sitting on over an acre perfect for an added ADU/ Casita, garage or out buildings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 3,114 | 2,377 | 76% |
| Lot Size | 44,392 | 10,942 | 88% |
| Price | $1.15M | $652.5K | 84% |
| Price per sq ft | $369 | $312 | 66% |
| Built year | 1974 | 1995 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 1910 | 1% |
Apr 15, 2026
$1,150,000
$1,199,900
-4% Price Drop
Initial Listing
Mar 5, 2026
$1,199,900
Initial Listing