11986 N 134TH Place, Scottsdale, AZ 85259, Scottsdale, 85259 - 4 bed, 5 bath
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Scottsdale, AZ 85259
This Custom Hillside Estate represents a High-Potential Investment Opportunity priced at $2,249,000, aligning with its $2,249,000 Fair Market Value. Marketed as a value-add asset with a Fair Condition Rating, the property sits well below the $600/sqft benchmark seen in renovated neighborhood comparables, offering significant ROI potential. The 4,500 sqft layout features Panoramic Mountain Views, a Resort-Style Pool, and access to Top-Rated Anasazi Elementary and Mountainside Middle. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to capture equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11986 N 134TH Place Subject | $2,249,000* List Price | 4 | 5 | 4,500 | $500 | - |
A 13322 E PARADISE Drive Active Under Contract | $2,600,000 List Price | 5 | 5 | 4,777 | $544 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained custom estate built in 1998, placing it in the 25-40 year age bracket defined for 'fair' condition. While it features high-quality materials like travertine flooring and granite countertops, the overall aesthetic in the kitchen and bathrooms is dated and reflects the original construction style. The listing's emphasis on an 'investor opportunity' to 'add value' confirms that cosmetic modernization is needed to reach current market standards, despite functional updates like the 2021 HVAC system and 2023 partial plumbing/bath refreshes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25899, living area = 4500.
Elementary School: Anasazi Elementary School (9/10).
Priced under $500/sqft in a neighborhood where comparable homes command $600/sqft or more, this property offers a rare equity-building opportunity for investors or owner-occupants.
Built in 1998 and marketed as an 'investor opportunity,' the home likely requires cosmetic modernization and updates to reach its full market value potential.
With a $1,430 association fee and a large 4,500 sqft footprint requiring climate control and pool maintenance, the monthly operational expenses are substantial.
At under $500/sqft, its the perfect INVESTOR OPPORTUNITY to ADD VALUE! Homes in this area have gone for upwards of $600/sqft and more so get in while you still can! Sellers are motivated to make it happen! Nestled on a private cul-de-sac within the exclusive gated community of Coyote Canyon, this custom-built single-level estate offers privacy, space, and breathtaking natural beauty. With 4,500 sq ft, 4 bedrooms, 4.5 bathrooms, and a bonus room, this Custom Home is the perfect blend of elegance, functionality, and Arizona charm. Step through the grand entrance into soaring 9+ ft flat ceilings, rich wood and stone flooring, and expansive living spaces designed to impress! The chef's kitchen is a dream come true, featuring granite countertops, a large island, walk-in pantry, and premium appliances including a wall oven, built-in microwave, an electric cooktop - all perfectly complemented by a breakfast bar, eat-in nook, and formal dining room. Retreat to the split master suite with its own sitting room, walk-in his and hers closets, and spa-inspired bath complete with double vanities, separate shower and tub. Each secondary bedroom features en-suite bathrooms, ideal for multi-generational living. Step outside into your personal desert oasis. The resort-style backyard is built for year-round enjoyment with a heated private pool & spa, play pool features, covered patio, and built-in BBQ all overlooking breathtaking mountain and city light views on this hillside, cul-de-sac lot. Enjoy the beauty of low-maintenance desert landscaping, complete with a full auto-watering system. Additional features include: -3-car garage with built-in cabinets and slab parking for guests -Wet bar, perfect for entertaining -Newer HVAC system (2021) and partial plumbing & bath updates (2023) -Fireplace in the family room for cozy evenings -Water softener & purification systems -No interior steps, ideal for accessibility -Energy-efficient design with dual-pane windows, multi-zone HVAC & gas water heater. With no detail overlooked, privacy unmatched, and a location that can't be beat, this is Scottsdale luxury living at its finest!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 83% |
| Square foot | 4,500 | 3,201 | 85% |
| Lot Size | 25,899 | 11,889.5 | 86% |
| Price | $2.25M | $1.04M | 89% |
| Price per sq ft | $500 | $387 | 76% |
| Built year | 1998 | 1994 | 72% |
| HOA | $1430 | $210 | 96% |
| Days on market | 350 | 2257 | 16% |
May 8, 2025
$2,249,000
Initial Listing