12068 N 137TH Street, Scottsdale, AZ 85259, Scottsdale, 85259 - 3 bed, 3 bath
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Scottsdale, AZ 85259
This Renovated Scottsdale Mountain Estate is a High-Potential Investment Opportunity, listed at $1,235,000—positioned well below the $1,296,472 Fair Market Value by 4%. This valuation gap secures $61,472 in Instant Equity. Boasting an Excellent Condition Rating after a comprehensive remodel, the home features a modernized chef's kitchen, sparkling pool, and panoramic mountain views. Located in a guard-gated community near Top-Rated Schools like Anasazi Elementary (9/10), it balances luxury with financial upside. This is an ideal acquisition for Owner-Occupants or luxury-seeking families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12068 N 137TH Street Subject | $1,235,000* List Price | 3 | 3 | 2,535 | $511 | - |
A 11909 N 137TH Way Sold | $1,500,000 | 4 | 3 | 2,769 | $542 | 0.1 mi |
B 11909 N 137th Way Sold | $1,500,000 | 4 | 3 | 2,769 | $542 | 0.1 mi |
C 10733 N 140th Place Sold | $1,365,000 | 4 | 3 | 2,870 | $476 | 0.9 mi |
D 11368 N 131ST Place Sold | $1,020,000 | 4 | 3 | 2,919 | $349 | 0.8 mi |
E 13610 E LAUREL Lane Pending | $925,000 List Price | 3 | 3 | 2,195 | $421 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1996, the property has undergone an extensive and high-quality recent renovation within the last 5 years. The kitchen is fully modernized with new grey shaker cabinetry, premium stone countertops, and high-end stainless steel appliances including a gas cooktop and built-in ovens. The bathrooms have been updated with quartz surfaces, and the interior features consistent modern large-format tile flooring, updated light fixtures, and a fresh, contemporary aesthetic throughout, meeting all current quality standards for a luxury move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11377, living area = 2535.
Elementary School: Anasazi Elementary School (9/10).
The property offers spectacular mountain and city light views from every room and is uniquely positioned on an oversized lot with no bordering neighbors, providing rare seclusion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2535, other record living area = 2485.
The association fee of $882 represents a significant recurring carrying cost that may impact the overall budget for some buyers.
With only three bedrooms at a $1.235M price point, the home may lack the space or versatility required by larger families or those needing multiple home offices.
Spectacular Mountain & City Light Views from every room. Fully remodeled & surrounded by natural desert open space w/no bordering neighbors. This beautiful home on oversized one-of-a-kind lot in sought after guard gated Scottsdale Mtn is nestled in the foothills of McDowell Mtn Preserve. Abundance of natural light, open airy floorplan creates a quiet sanctuary complete w/ theater & ensuite guest room. Kitchen boasts new cabinetry, stone counters & backsplash, stainless appliances w/dual fuel range, gas cooktop, convection/micro combo, 2nd microwave & views of Camelback Mtn. Spacious master, private patio exit. Recent remodeled bathrooms w/Quartz counters. Sparkling pool w/spill-over spa & BBQ. Comm tennis, Pickle ball, spa. Close to world-class dining, entertainment, hiking, biking & golf.
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 31% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,535 | 3,149.5 | 26% |
| Lot Size | 11,377 | 11,692.5 | 48% |
| Price | $1.24M | $1.04M | 59% |
| Price per sq ft | $487 | $387 | 74% |
| Built year | 1996 | 1994 | 59% |
| HOA | $882 | $210 | 95% |
| Days on market | 12 | 2256 | 1% |
Apr 10, 2026
$1,235,000
Initial Listing