11251 E Cimarron Drive, Scottsdale, AZ 85262, Scottsdale, 85262 - 5 bed, 5 bath
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Scottsdale, AZ 85262
This Mountain View Desert Estate is a Prime Investment Opportunity listed at $1,699,000—positioned well below the $1,746,751 Fair Market Value by 2%. This valuation gap provides $47,751 in Instant Equity. Boasting a Condition Rating of 3, the home features a new roof (2023), new AC units, and an attached Casita on a massive 1-acre lot. While move-in ready, the dated interior offers significant upside through cosmetic modernization near Desert Sun Academy. It is an ideal match for Owner-Occupants seeking a desert sanctuary or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11251 E Cimarron Drive Subject | $1,650,000* List Price | 5 | 5 | 3,888 | $439 | - |
A 11269 E CIMARRON Drive Sold | $1,198,750 List Price | 4 | 4 | 3,567 | 0.0 mi | |
B 28019 N 115th Place Active | $1,399,999 List Price | 4 | 4 | 3,156 | $444 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with exceptional maintenance of major systems, featuring a new roof (2023), new air conditioning units (2024/2025), and new exterior paint. While the interior styling—including the carpeted primary bathroom, tile countertops, and built-in media niches—is characteristic of its 2000 build year and appears dated, the home is structurally sound with high-quality functional upgrades that exceed the 'fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46290, living area = 3888.
The property boasts breathtaking mountain views in every direction and is nestled in a serene, secluded cul-de-sac, offering exceptional privacy and a premium desert landscape experience.
Significant capital improvements including a new roof (2023), two new air conditioning units (2024/2025), new exterior paint, and updated pool equipment provide immediate value and reduced maintenance concerns.
Built in 2000, the interior features neutral tile flooring and granite finishes that may feel dated to modern luxury buyers seeking contemporary design trends.
The property is located over six miles from the nearest elementary, middle, and high schools, which may be a drawback for families prioritizing proximity to educational facilities.
This Mountain View home boasts stunning views in every direction. Nestled in a serene and secluded cul-de-sac, featuring 4-bedrooms plus office, as well as an attached Casita that can serve as a 5th bedroom, Home has new roof 2023 two new are conditioning units 2025 & 24. new dishwasher, in 2025 new turf. New exteriors paint & Pool filter. This Home offers a fantastic split floorplan. The family room and kitchen area serve as the heart of the home, highlighted by an impressive kitchen island, granite countertops, an abundance of cabinetry, a gas cooktop, and a walk-in pantry. The spacious family room includes a cozy gas fireplace, while the eat-in kitchen and formal dining areas provide ample space for entertaining. Throughout the home, you'll find rich neutral tile flooring.
No exterior & parking available.
Grades K-6 • 6.2 mi
Grades 6-8 • 7.2 mi
Grades 9-12 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 91% |
| Baths | 5.0 | 4.0 | 68% |
| Square foot | 3,888 | 3,626 | 59% |
| Lot Size | 46,290 | 37,862 | 75% |
| Price | $1.65M | $0 | 72% |
| Price per sq ft | $424 | $0 | 71% |
| Built year | 2000 | 2004 | 34% |
| HOA | $363 | $300 | 58% |
| Days on market | 33 | 1998 | 1% |
Apr 18, 2026
$1,650,000
$1,700,000
-3% Price Drop
Initial Listing
Apr 15, 2026
$1,700,000
$1,699,000
+0% Price Increase
Initial Listing
Mar 20, 2026
$1,699,000
Initial Listing