12783 E CHAMA Road 611, Scottsdale, AZ 85255, Scottsdale, 85255 - 4 bed, 5 bath
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Scottsdale, AZ 85255
This Luxury To-Be-Built Residence represents a Strong Value Opportunity, listed at $2,850,000—positioned well below the $3,006,275 Fair Market Value by 5%. This valuation gap provides $156,275 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this 4,737 sqft home offers a Private Casita, Panoramic Mountain Views, and a Grand Multi-Slide Stacking Door system. This property is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a bespoke, modern sanctuary in Scottsdale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12783 E CHAMA Road 611 Subject | $2,850,000* List Price | 4 | 5 | 4,737 | $635 | - |
A 12771 E CHAMA Road 612 Active | $2,850,000 List Price | 4 | 5 | 4,737 | $602 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction, to-be-built luxury home with a 2026 completion date. It features modern high-end finishes, soaring ceilings, brand-new systems, and a contemporary kitchen and primary suite, meeting all criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32462, living area = 4737.
The 'Tonto' design features soaring 14-foot ceilings and grand multi-slide stacking doors that seamlessly blend the great room with an expansive covered patio, perfect for the Arizona climate.
The inclusion of a separate casita provides high-value flexibility, serving as a secluded guest suite, professional home office, or private gym away from the main living areas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =32462, other record lot size in square feet = 32322.
As a 'to-be-built' home with a 2026 completion date, buyers face a significant waiting period and the typical risks associated with construction timelines and material costs.
The $800 association fee, combined with the $2.85M price point, represents a substantial ongoing financial commitment for the homeowner.
The Tonto home design offers effortless entertaining for family and friends. Welcoming courtyard at the front entryway leads into the main living areas. Stunning great room with double sided 60' fireplace and grand multi-slide stacking door. Great room, casual dining, and kitchen have soaring ceilings and open to a generously sized covered patio for indoor/outdoor Arizona living at its finest. Varying ceiling heights throughout the home from 10' up to 14'. The well-appointed kitchen has plentiful counter and cabinet space in addition to a generous walk-in pantry. The expansive primary bedroom suite is inclusive of dual vanities, large soaking tub, and a luxe shower with seat. Private casita can be used for a separate guest suite, gym, or secluded home office. Home is offered to-be-built.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 5.0 | 3.0 | 88% |
| Square foot | 4,737 | 3,012.5 | 88% |
| Lot Size | 32,462 | 10,000 | 78% |
| Price | $2.85M | $855.0K | 90% |
| Price per sq ft | $602 | $412 | 87% |
| Built year | 2026 | 1997 | 99% |
| HOA | $800 | $224 | 93% |
| Days on market | 54 | 2678 | 1% |
Apr 26, 2026
$2,850,000
Initial Listing