
Scottsdale, AZ 85262
This Elevated Desert Mountain Estate represents a High-Potential Investment Opportunity, listed at $3,500,000—positioned well below the $3,953,821 Fair Market Value by 11%. This significant valuation gap secures $453,821 in Instant Equity. Featuring a Condition Rating of 3, the home offers panoramic mountain views, a detached guest casita, and a high-fidelity theater. Proximity to top-rated schools like Black Mountain Elementary enhances its long-term appeal. This is a premier acquisition for Owner-Occupants or Lifestyle Investors seeking a turnkey sanctuary with built-in financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11131 E GRAYTHORN Drive Subject | $3,500,000* List Price | 5 | 6 | 5,260 | $664 | - |
A 39449 N 105TH Street Active | $2,750,000 List Price | 5 | 5 | 5,253 | $524 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and features high-end finishes that have been exceptionally well-maintained. Although built in 1999, the home showcases premium upgrades including Wolf and Sub-Zero appliances, hardwood plank flooring, and custom cabinetry. The architectural details like vaulted wood ceilings and mitered glass walls remain in excellent shape, and the overall quality of the kitchen and bathrooms exceeds the typical 'fair' standard for homes of this age, showing minimal physical depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25700, living area = 5260.
The residence features mitered glass walls and expansive patios that perfectly capture breathtaking southern to northwestern vistas, including sunsets, mountains, and city lights.
The property includes a highly desirable Golf Membership and provides access to Desert Mountain's world-class facilities, including seven golf courses, a fitness center, and private trails.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5260, other record living area = 5159.
The association fee of $2,073 represents a significant recurring expense that adds to the overall cost of ownership in this exclusive community.
Constructed in 1999, certain architectural details like the exposed slump block walls and specific interior finishes may require updates to meet the preferences of buyers seeking a fully contemporary aesthetic.
Golf Membership -Panoramic sunsets, picturesque mountain ranges, and twinkling city lights of Scottsdale and Phoenix define this elevated residence perfectly positioned at the top of Desert Mountain's Village of Desert Horizons. The home captures breathtaking southern through northwestern vistas and showcases timeless architecture, spacious living areas, privacy from neighboring homes and exceptional indoor-outdoor living. The wow factor of expansive down mountain vistas greets you as you enter the home, as the living room and adjacent dining area are bordered by expansive glass windows. A bright and open kitchen/breakfast area and family room provide a separate living area in the Frank Lloyd Wright inspired design of the home. The kitchen is equipped with custom cabi appliances and an island with seating for three that often becomes the center of entertaining. The primary suite is privately situated on the west side of the home and offers wonderful down mountain sunset and city light views. The spa inspired primary bath features heated floors, a walk-in shower, jacuzzi tub, dual vanities and a custom walk in closet. On the opposite side of the home are two large bedrooms, each equipped with their own bathrooms. The main house also boasts an office with built-in cabinets and draws. It could serve as a fifth bedroom as it has its own ensuite bath. The main house also includes an impressive home theatre with seating for eight, a 120 inch movie screen and high-fidelity surround sound delivering an exceptional cinematic experience. The driveway into the home offers expansive turnaround space. The air-conditioned, 3 car garage sports EV charging and ample storage closets for holiday displays, golf and hiking equipment and Costco backup supplies. A detached spacious and inviting casita welcomes special guests as it includes a sitting room with beverage refrigerator, large sleeping area, dual sink bathroom and separate patio with golf course views. The home provides expansive patios and covered areas ideal for alfresco dining and star gazing. Amenities include a 12 person spool, fire pit and soothing water feature all focused on the down mountain panoramic vistas. High end finishes are found throughout the home due to recent remodeling, including hardwood reclaimed flooring, tiled bathrooms, stone countertops, premium appliances and Sonos music throughout the house and patios. Four fireplaces, vaulted ceilings, sump block indoors and outdoors and extensive glass define the architectural spirit of this home. Ideally located mid-mountain, the property offers convenient access to both guarded gates and Desert Mountain's renowned amenities, including seven golf courses, seven clubhouses, pickleball, the Sonoran Fitness Center and Spa, and more than 24 miles of scenic hiking trails bordering the Tonto National Forest. This remarkable home offers the ultimate Desert Mountain lifestyle, where extraordinary views, refined design, and seamless indoor- outdoor living come together in one exceptional setting.
No exterior & parking available.
Grades PK-6 • 7.6 mi
Grades 6-8 • 10.4 mi
Grades 9-12 • 7.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 6.0 | 4.0 | 92% |
| Square foot | 5,260 | 3,567 | 90% |
| Lot Size | 25,700 | 34,718 | 43% |
| Price | $3.50M | $0 | 91% |
| Price per sq ft | $665 | $0 | 89% |
| Built year | 1999 | 2003 | 27% |
| HOA | $2073 | $300 | 96% |
| Days on market | 84 | 2161 | 1% |
Mar 22, 2026
$3,500,000
Initial Listing