
Scottsdale, AZ 85255
This Luxury Model Townhouse presents a High-Potential Investment Opportunity, listed at $2,400,000—positioned slightly above the $2,387,291 Fair Market Value. While priced at market, the property offers a unique builder leaseback agreement, providing immediate rental income. Featuring a Mint Condition Rating, this residence includes a spool, pizza oven, and mountain views. The high association fee is offset by the turnkey, professionally maintained nature of the asset. This is an ideal acquisition for Buy-and-Hold Investors or Passive Income Seekers prioritizing luxury and stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12664 E BLACK ROCK Road Subject | $2,400,000* List Price | 3 | 4 | 2,451 | $974 | - |
A 12668 E BLACK ROCK Road Active | $2,500,000 List Price | 3 | 4 | 2,599 | $962 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction model home in mint condition. It features high-end custom finishes, a spa-like primary bathroom, and a luxury outdoor living space with a pizza oven and spool. All systems are new, requiring zero maintenance.
The builder leaseback opportunity allows the buyer to generate immediate rental income while the property is professionally maintained as a community model home.
The property features a premium outdoor setup including a 90-degree slider for indoor-outdoor flow, a spool, pizza oven, fire feature, and built-in BBQ against a mountain backdrop.
As a fully furnished model home, the residence offers high-end custom finishes, professional landscaping, and a detached guest casita, providing a complete luxury experience.
The association fee of $3,321 is exceptionally high for a townhouse, which may significantly impact the net ROI and long-term affordability.
Due to the builder leaseback agreement, the property is not available for immediate owner-occupancy, limiting its appeal to buyers seeking a primary residence today.
Own a beautifully appointed, fully furnished model home and benefit from a builder leaseback opportunity. This unique offering allows the buyer to enjoy investment income while the home remains a showcase for the community. From the remarkable landscaping to the beautiful custom finishes, this home has it all! The 90-degree slider and L-shaped patio offer the perfect backdrop for seamless indoor-outdoor living. The primary retreat allows you to relax and unwind, featuring a walk-in closet and spa-like bathroom. The charming guest casita and secondary bedroom also provide plenty of space and privacy for family and guests. Professionally landscaped including a spool, fire feature, pizza oven and built-in bbq. Take advantage of this incredible opportunity today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 72% |
| Square foot | 2,451 | 2,379 | 64% |
| Lot Size | 5,329 | 3,420 | 64% |
| Price | $2.40M | $615.7K | 80% |
| Price per sq ft | $979 | $374 | 92% |
| Built year | 2026 | 2003 | 96% |
| HOA | $3321 | $369 | 96% |
| Days on market | 3 | 2066 | 4% |
Jun 20, 2026
$2,400,000
Initial Listing