
Scottsdale, AZ 85259
This Iconic Mediterranean Estate represents a High-Potential Investment Opportunity, listed at $4,000,000—positioned well below the $5,048,455 Fair Market Value by 20%. This significant valuation gap secures $1,048,455 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the 8,433 sqft residence features an Elite Chef’s Kitchen, Resort-Style Pool, and Professional Sports Courts on an expansive lot. Proximity to Top-Rated Scottsdale Schools like Mountainside Middle ensures long-term desirability. This is a premier acquisition for Owner-Occupants or Luxury Portfolio Investors seeking immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11571 E COCHISE Drive Subject | $4,000,000* List Price | 5 | 7 | 8,433 | $599 | - |
A 11505 E COCHISE Drive Sold | $3,400,000 | 5 | 6 | 6,418 | $530 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, this Mediterranean estate is exceptionally well-maintained and move-in ready. While the architectural style and some interior finishes (like the heavy drapery and glass block accents) reflect the original build date, the property features high-end materials including stone flooring, custom cabinetry, and premium kitchen appliances. Recent updates like EV charging and modern laundry units, combined with the pristine condition of the resort-style grounds and sports courts, justify a 'good' rating despite the home being slightly over 20 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43000, living area = 8433.
The expansive 43,000 sqft lot is a recreational paradise, featuring professional-grade pickleball and basketball courts, a sparkling pool, spa, and a fully equipped outdoor kitchen for ultimate luxury living.
With over 8,400 sqft of living space, the home makes a powerful statement through its double-height foyer, sweeping staircase, and sophisticated Mediterranean design tailored for high-capacity entertaining.
The sheer scale of the residence, combined with extensive sports courts, a large pool, and nearly an acre of mature landscaping, implies significant ongoing maintenance costs and effort.
Built in 2002, the Mediterranean architectural style and specific interior finishes may feel dated to modern buyers seeking the 'transitional' or 'modern organic' trends currently dominating the Scottsdale luxury market.
Iconic Mediterranean Estate-Resort Living on a Grand Scale. A statement of timeless architecture and refined desert luxury, this magnificent Mediterranean estate offers an extraordinary lifestyle in one of Scottsdale's most coveted settings. Privately nestled on an expansive 43,000sf homesite, the residence makes a lasting first impression with paver motor court, lush mature landscaping, and a stately covered entry designed for elegant arrivals. Spanning 8,433sf the home blends grand scale with thoughtful livability. A dramatic double height foyer, sweeping staircase, and rich architectural detailing set a tone of sophistication, while stone flooring and curated finishes reflect enduring craftsmanship. Designed to host at any scale, the estate offers an effortless flow between formal and casual living spaces ideal for refined entertaining or relaxed everyday living. At the heart of the home, the chefs kitchen is a showpiece, appointed with dual oversized islands, custom cabinetry, premium appliances, and abundant prep and gathering space for seamless hosting. Five luxurious bedrooms and seven spa inspired baths provide exceptional comfort and privacy, creating serene retreats for both residents and guests. A dedicated billiards room adds a classic touch of leisure and entertainment. Outdoors, the property transforms into a private resort. Enjoy a sparkling pool and spa, a fully equipped outdoor kitchen, and a charming dining gazebo perfect for al fresco evenings. Professional grade pickleball and basketball courts elevate recreation, while expansive grounds offer rare space and seclusion. A four-car garage with EV charging completes the home's modern conveniences. This is a rare opportunity to own a residence that pairs architectural presence with resort caliber amenities crafted for those who expect distinction, privacy, and effortless luxury.
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 8,433 | 3,201 | 98% |
| Lot Size | 43,000 | 11,889.5 | 90% |
| Price | $4.00M | $1.04M | 99% |
| Price per sq ft | $474 | $387 | 70% |
| Built year | 2002 | 1994 | 89% |
| HOA | $0 | $208 | 21% |
| Days on market | 33 | 2257 | 1% |
Mar 20, 2026
$4,000,000
Initial Listing