10837 E PURPLE ASTER Way, Scottsdale, AZ 85262, Scottsdale, 85262 - 6 bed, 7 bath
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Scottsdale, AZ 85262
This Coastal California Style Retreat is a Prime Investment Opportunity, listed at $8,500,000—positioned well below the $8,807,575 Fair Market Value by 3%. This valuation gap offers $307,575 in Instant Equity. Boasting a Good Condition Rating, the estate features a chef’s kitchen and a detached 1,788-square-foot guest retreat with a private theater and game room. With Panoramic Valley Views and exclusive Desert Mountain Club access, this property combines financial logic with elite lifestyle perks. It is perfectly suited for Luxury Homeowners or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10837 E PURPLE ASTER Way Subject | $8,500,000* List Price | 6 | 7 | 7,975 | $1,104 | - |
A 41830 N 113 Place 140 Active | $9,000,000 List Price | 5 | 6 | 7,300 | $1,233 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, this property falls within the 10-20 year age bracket for a 'good' rating. The home is in move-in ready condition and appears exceptionally well-maintained. It features high-end finishes such as travertine flooring, brick barrel and beam-accented ceilings, and a chef's kitchen equipped with premium professional-grade appliances (Wolf range). While the styling is consistent with its original construction date, the quality of materials and lack of deferred maintenance align with the criteria for a well-maintained, high-quality residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32799, living area = 7975.
The 1,788-square-foot detached guest house features a private movie theatre, game room, and kitchenette, offering unparalleled space for multigenerational living or high-end hosting.
The property is perfectly positioned to capture dramatic, unobstructed views of the Valley of the Sun, complemented by a resort-style backyard with a pool and spa.
The association fee of $2,142 represents a significant recurring expense that adds to the overall cost of ownership compared to other luxury communities.
With the nearest elementary and high schools located over 8 miles away, the daily commute may be a logistical challenge for families with school-aged children.
Stunning coastal California Style Retreat in Desert Mountain. Golf Membership Available. Experience the very best of Desert Mountain living in this beautifully maintained residence, perfectly positioned to capture dramatic panoramic views of the Valley of the Sun. Blending warm natural finishes with timeless architectural details, this exceptional home offers a seamless balance of comfort, elegance, and understated luxury. The light-filled great room serves as the heart of the home, showcasing beam-accented ceilings, a striking statement fireplace, and expansive windows that frame breathtaking desert vistas. Designed for both everyday living and effortless entertaining, the chef's kitchen features premium appliances, rich custom cabinetry, generous prep space, and an inviting layout. The spacious primary suite is a private sanctuary, offering serene views, a spa-inspired bath, with adjacent workout room and direct access to the outdoor living spaces. Thoughtfully separated guest suites ensure comfort and privacy for family and visitors alike. A standout feature of the property is the approximately 1,788-square-foot detached guest retreat, designed to elevate the hosting experience. This impressive space includes a private movie theatre, game room, family room a charming bunk room perfect for the grandkids, a convenient kitchenette, and an additional ensuite bedroom - creating an ideal setting for extended stays, multigenerational living, or unforgettable weekend gatherings. Step outside to a resort-style backyard designed to embrace Arizona's coveted indoor-outdoor lifestyle. Expansive covered patios, multiple seating areas, and a sparkling pool and spa create the perfect setting for sunset entertaining against the stunning desert backdrop. Located within the prestigious Desert Mountain Club community, residents enjoy access to world-class golf, dining, fitness, hiking, and an unparalleled lifestyle experience. Golf membership is available, offering a rare opportunity to become part of one of Scottsdale's most exclusive private club communities. This is Desert Mountain living at its finest -- where refined luxury meets effortless desert elegance.
No exterior & parking available.
Grades PK-6 • 8.2 mi
Grades 6-8 • 11.4 mi
Grades 9-12 • 8.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 97% |
| Baths | 7.0 | 4.0 | 97% |
| Square foot | 7,975 | 3,567 | 96% |
| Lot Size | 32,799 | 34,718 | 49% |
| Price | $8.50M | $0 | 99% |
| Price per sq ft | $1.1K | $0 | 97% |
| Built year | 2009 | 2003 | 80% |
| HOA | $2142 | $300 | 96% |
| Days on market | 116 | 2161 | 1% |
Feb 18, 2026
$8,500,000
Initial Listing