12077 N 123RD Way, Scottsdale, AZ 85259, Scottsdale, 85259 - 4 bed, 4 bath
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Scottsdale, AZ 85259
This Stunning Move-In Ready Residence is a Strong Value Opportunity, listed at $1,875,000—positioned well below the $1,951,229 Fair Market Value by 3%. This valuation gap provides $76,229 in Instant Equity. Boasting an Excellent Condition Rating from extensive 2024-2025 updates, the home features a remodeled chef’s kitchen, panoramic glass walls, and a resurfaced pool with McDowell Mountain views. Located in an exclusive gated enclave, it is walking distance to 9/10 rated Anasazi Elementary. This sanctuary is ideal for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12077 N 123RD Way Subject | $1,875,000* List Price | 4 | 4 | 3,777 | $517 | - |
A 11295 N 117TH Street Sold | $1,400,000 | 5 | 4 | 3,939 | $355 | 0.9 mi |
B 12638 E CORTEZ Drive Sold | $1,550,000 | 4 | 3 | 3,201 | $484 | 0.4 mi |
C 11698 E WETHERSFIELD Road Active | $1,975,000 List Price | 4 | 5 | 3,665 | $539 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1997, the property has undergone extensive high-end renovations within the last 5 years that meet current luxury standards. Key updates include a completely remodeled kitchen with premium stainless steel appliances, a spa-inspired primary bathroom with a freestanding tub, and new flooring throughout. Furthermore, all major systems have been recently replaced, including the HVAC (2023/2024), roof (2019), water heater (2024), and a full pool resurfacing (2025), leaving no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 3777.
Elementary School: Anasazi Elementary School (9/10).
The property boasts significant high-ticket updates including a 2019 roof, 2023/2024 HVAC units, a 2024 water heater, and a 2025 pool resurfacing, significantly reducing near-term maintenance concerns for the buyer.
The monthly association fee of $535 is relatively high, which may be a deterrent for buyers sensitive to ongoing carrying costs compared to other local communities.
While the interior is heavily remodeled, the 1997 construction may still feature some architectural footprints or ceiling heights that feel less voluminous than ultra-modern luxury builds in the same price point.
Nestled at the base of the McDowell Mountains, this exceptional residence is tucked within an intimate gated enclave of just 14 homes. Designed for both privacy & effortless entertaining, the 4-bedroom plus den, split floorplan offers an ensuite bath for every bedroom. Upon entry, formal living & dining spaces unfold seamlessly to the outdoors through a dramatic 6-panel panoramic sliding wall of glass, creating true Arizona indoor-outdoor living. The expansive covered patio overlooks a lush lawn & pool with waterfall, all framed by mountain views. Enjoy the heart of the home with a completely remodeled kitchen perfectly integrated with an island gas cooktop, stainless steel appliances, breakfast seating & ample room to work & gather with ease, all connected to the main living spaces. The primary suite is a private retreat with gas fireplace, backyard access, and a spa-inspired bath with dual vanities, soaking tub, separate shower, and generous walk-in closet. Extensive updates include flooring throughout with 7 1/4 " baseboards, 2019 Roof, 2023 & 2024 new HVAC units, pool resurfaced & waterline tile in 2025, Pentair pool pump in 2021 & water heater 2024. Walk to top-rated schools and enjoy refined desert living at its best!
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 3,777 | 3,201 | 70% |
| Lot Size | 15,246 | 11,889.5 | 72% |
| Price | $1.88M | $1.04M | 78% |
| Price per sq ft | $496 | $387 | 76% |
| Built year | 1997 | 1994 | 70% |
| HOA | $535 | $210 | 85% |
| Days on market | 68 | 2257 | 1% |
Feb 14, 2026
$1,875,000
Initial Listing