10875 E PROSPECT POINT Drive, Scottsdale, AZ 85262, Scottsdale, 85262 - 3 bed, 4 bath
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Scottsdale, AZ 85262
This Brand-New Luxury Estate is a Strong Value Opportunity, listed at $2,988,000—positioned well below the $3,118,903 Fair Market Value by 4%. This valuation provides $130,903 in Instant Equity for a residence in Pristine New-Build Condition. Featuring sweeping mountain views, a chef’s kitchen, and a private PebbleTec pool, the home offers seamless indoor-outdoor living near Top-Rated Schools like Black Mountain Elementary. It is an exceptional match for Luxury Lifestyle Seekers or Owner-Occupants demanding turnkey perfection in Scottsdale’s premier gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10875 E PROSPECT POINT Drive Subject | $2,988,000* List Price | 3 | 4 | 3,327 | $937 | - |
A 39877 N 107TH Way Active | $2,895,000 List Price | 3 | 4 | 3,050 | $949 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new luxury construction completed in 2026. It features high-end finishes throughout, including a gourmet chef's kitchen, modern bathrooms with contemporary black fixtures and stone tiling, and seamless indoor-outdoor living spaces. As a new build, all mechanical systems, appliances, and structural components are in pristine condition, meeting the highest current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17587, living area = 3327.
Completed in 2026 by Mortensen Signature Homes, this residence offers the latest in modern design, featuring soaring ceilings, wide gallery hallways, and high-end finishes throughout.
Ideally situated within the prestigious Desert Mountain community, the property provides convenient access to world-class fitness facilities, pickleball, tennis, and resort-style pools.
The association fee of $2,038 represents a significant recurring expense that may impact the overall cost of ownership for some buyers.
While the assigned schools are highly rated, they are located between 7 and 10 miles away, which may be a consideration for families with school-aged children.
You don't want to miss this one, it's by far the best value in Desert Mountain! Brand new build just completed in 2026 by Mortensen Signature Homes. Enjoy sweeping northwest mountain views from the great room, chef's kitchen, and expansive rear patio overlooking a private PebbleTec pool and spa. Designed for effortless luxury living, the home features soaring ceilings, wide gallery hallways, abundant natural light, and seamless indoor-outdoor living through walls of sliding glass. The gourmet kitchen offers high-end appliances, while the oversized three-car garage includes epoxy floors.Whole-home designer furniture packages available for a truly turnkey opportunity. Professionally designed landscaping with mature trees, custom pots, and drip irrigation creates a refined lock-and-leave lifestyle. This impeccably finished, move-in-ready residence is ideally located near the Desert Mountain Fitness Center with access to world-class amenities including pickleball, bocce ball, tennis, and resort-style pools.
No exterior & parking available.
Grades PK-6 • 7.6 mi
Grades 6-8 • 10.6 mi
Grades 9-12 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 34% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,327 | 3,596 | 40% |
| Lot Size | 17,587 | 37,449 | 23% |
| Price | $2.99M | $0 | 87% |
| Price per sq ft | $898 | $0 | 93% |
| Built year | 2026 | 2004 | 99% |
| HOA | $2038 | $300 | 95% |
| Days on market | 72 | 1999 | 1% |
Feb 10, 2026
$2,988,000
Initial Listing