
Scottsdale, AZ 85262
This Luxury Desert Mountain Estate is a Strong Value Opportunity, listed at $3,399,000—positioned well below the $3,470,351 Fair Market Value by 2%. This valuation gap offers $71,351 in Instant Equity. Featuring a Condition Rating of 3, the home includes a chef's kitchen, private guest house, and heated pool/spa. With a Lifestyle Membership included, this property provides immediate access to elite club amenities. It is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a turnkey, high-end sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11058 E Tamarisk Way Subject 5 bd · 9 ba · 9,004 sqft · $385 | $3,399,000* List Price | 5 | 9 | 9,004 | $385 | - |
A 11306 E SALERO Drive Active 4 bd · 5 ba · 5,747 sqft · $479 · 0.6 mi | $2,750,000 List Price | 4 | 5 | 5,747 | $479 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent an extensive remodel in 2016-2017, placing the renovations and major mechanical upgrades (HVAC, plumbing, water systems) within the 5-15 year range. The high-end chef's kitchen, premium finishes, and overall condition shown in the images demonstrate a well-maintained, functional, and move-in ready luxury estate.
Priced at under $400 per square foot, this estate offers rare value for the prestigious Desert Mountain community, providing significant square footage and luxury at a highly competitive price point.
Following an extensive remodel, the home features updated mechanical systems, a chef-grade kitchen with Sub-Zero and Wolf appliances, and a full-service elevator, ensuring modern comfort and reliability.
The availability of a rare Lifestyle/Social Membership offers immediate entry into the world-renowned Desert Mountain Club, bypassing typical waitlists for elite community amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9004, other record living area = 7005.
With over 9,000 square feet of living space and a $1,831 association fee, the property carries substantial monthly operating expenses and long-term maintenance requirements.
While the property is served by highly-rated schools, the primary educational institutions are located between 8 and 11 miles away, which may be a logistical drawback for families with school-aged children.
RARE LIFESTYLE / SOCIAL MEMBERSHIP AVAILABLE. Set within the prestigious, guard-gated community of Desert Mountain, this exceptional and completely private estate sits on nearly 1-acre and spans over 9,000 square feet at an exceptional value (arguably the best value in DM) for well under $400/sf, something that's rarely obtainable in Desert Mountain. Meticulously maintained and thoughtfully updated, the property features a completely reimagined exterior highlighted by travertine pavers, a Pebble Tec heated pool & spa with spillway, a large Viking built-in grill, multiple covered patio areas with misting systems and electric blinds, and a 2-way gas fireplace--ideal for indoor/outdoor living & entertaining. The expansive main house includes 4 bedrooms, a large gym/flex room that could... serve as a 5th bedroom or home theater, 2 offices or office/craft room, a spacious dining room with climate a controlled wine cellar and numerous other living spaces throughout. The detached guest house offers complete privacy with a full kitchen, en-suite bedroom, living space and a separate washer/dryer. The home underwent an extensive remodel in 2016-2017, including major mechanical upgrades such as HVAC units, water heaters, plumbing lines, whole-home water filtration, and reverse osmosis systems. The chef's style kitchen is appointed with a Sub-Zero refrigerator and freezer, a 60" Thermador gas range with 6 burners plus griddle, 2 Sub-Zero ice makers, Miele dishwasher, Thermador microwave, built-in Napa wine station, built-in Wolf coffee machine, and a spacious walk-in pantry. Additional highlights include a fully functional elevator with service agreement in place, an upstairs balcony with mountain and city-light views, 3 gas fireplaces in the main house plus one in the guest house, a top-of-the-line Control4 smart home automation system, electronic blackout blinds, a newly added steam shower in the primary bathroom, and an oversized 5-car garage with storage cabinets. Don't miss this incredible opportunity to own a one-of-a-kind estate that includes a lifestyle membership, providing immediate access to the world-renowned Desert Mountain Club.
No exterior & parking available.
Grades PK-6 • 8.2 mi
Grades 6-8 • 11.3 mi
Grades 9-12 • 8.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 9.0 | 3.0 |
| Square foot | 9,004 | 2,608.685 |
| Lot Size | 35,703 | 10,404.073 |
| Price | $3.40M | $1.16M |
| Price per sq ft | $377 | $444 |
| Built year | 2001 | 1993 |
| HOA | $1831 | $293 |
| Days on market | 27 | 82 |
Sep 27, 2026
$3,399,000
Initial Listing