
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 | $752 | - |
A 10815 E Graythorn Drive Sold | $3,005,000 | 3 | 4 | 3,596 | $836 | 0.4 mi |
B 39449 N 105TH Street Active | $2,995,000 List Price | 5 | 5 | 5,253 | $570 | 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 define this elevated residence perfectly positioned on a hillside within Desert Mountain's Village of Desert Horizons. The home captures breathtaking southern through northwestern vistas and showcases timeless architecture paired with exceptional indoor-outdoor living. The main residence features an open split floor plan designed to highlight the spectacular surroundings. A wood plank front door with sidelights welcomes you into the central living spaces, where the living room is framed by a wall of mitered glass windows that showcase the dramatic scenery while a fireplace adds warmth and ambiance. The adjacent dining room offers additional picture windows and sliding doors that open to the patio and expansive views. A well-appointed wet bar makes entertaining effortless for both intimate gatherings and large celebrations. Outdoor living embodies the relaxed elegance of the desert lifestyle. Expansive patios provide generous covered dining and lounge areas, ideal for enjoying the scenery throughout the day as the colors shift across the mountains and sky. A spacious spool designed for up to twelve guests, complemented by a soothing boulder water feature, creates a private retreat for relaxation while surrounded by elevated panoramic views. The bright and open kitchen is designed for both everyday living and entertaining. Two walls of cabinetry house premium appliances and a sliding window overlooking lush desert vegetation at the front of the home. A center prep island anchors the space, while angled cabinetry with elevated bar seating accommodates three to six guests. A casual dining area beneath a chandelier and additional sliding doors leads directly to the patio. Nearby, a cozy den with fireplace and large windows offers a comfortable place to unwind. The impressive home theater features a spacious layout with oversized theater seating and a large movie screen and high-fidelity surround sound, delivering an exceptional cinematic experience. On the west side of the home, the luxurious primary suite is privately situated behind double doors. A fireplace, sliding doors, and mitered windows capture captivating views from nearly every angle. The spa-inspired primary bath includes a jacuzzi tub, walk-in shower, dual vanities, and a custom walk-in closet, all enhanced by windows that continue to frame the surrounding scenery. Two beautifully appointed guest suites are located down a private window-lined corridor that leads toward the finished, air-conditioned 3 car garage sporting ample storage closets. Near the entry, an office or optional fifth bedroom suite offers two walls of built-in cabinetry and shelving, chandelier lighting, and a full ensuite bath. For extended stays or larger gatherings, the detached casita provides a welcoming retreat for guests. The space includes a comfortable living area with fireplace and wet bar, sliding doors to a private patio, a separate bedroom, and a double-vanity bath--offering privacy and comfort for visitors. High-end finishes are found throughout the home, including hardwood plank flooring, tiled bathrooms, custom cabinetry, stone slab countertops, and premium Wolf and Sub-Zero appliances. Architectural details such as exposed slump block accent walls, multiple fireplaces, and dramatic double-vaulted plank ceilings enhance the design. The exterior combines stucco, exposed slump block, and metal fascia accents that highlight the dynamic rooflines, crisp architectural lines, and extensive glass. 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 | 91% |
| Baths | 6.0 | 4.0 | 93% |
| Square foot | 5,260 | 3,626 | 90% |
| Lot Size | 25,700 | 37,449 | 38% |
| Price | $3.50M | $0 | 91% |
| Price per sq ft | $665 | $0 | 87% |
| Built year | 1999 | 2004 | 23% |
| HOA | $2073 | $300 | 95% |
| Days on market | 31 | 1998 | 1% |
Mar 22, 2026
$3,500,000
Initial Listing