
Scottsdale, AZ 85259
This Stunning Mountain-View Residence represents a Strong Value Opportunity, listed at $1,677,700—positioned well below the $1,750,199 Fair Market Value by 4%. This valuation gap offers $72,499 in Instant Equity. Featuring a 5-bedroom floor plan with a casita, pool, and heated spa, the home maintains a Condition Rating of 4. While the interior offers room for modern cosmetic updates, the prime location near Desert Mountain High School ensures long-term stability. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the >20y category. While exceptionally well-maintained and move-in ready, the kitchen and interior finishes—including the raised-panel cabinetry, tile flooring, and fixtures—are dated and consistent with the original construction era, requiring modern updates to reach a higher classification.
Situated in the gated Carino Canyon enclave, the property backs directly to majestic mountains, offering exceptional privacy and unobstructed sunrise views from a north-facing backyard.
The floor plan is highly functional for extended families, featuring five bedrooms including a separate front casita and an internal in-law suite, plus a dedicated office.
The backyard is a true desert oasis equipped with a pool and waterfall, a heated spa, and dual large patios designed for seamless indoor-outdoor entertaining.
Built in 1998, the interior may require cosmetic updates to its original finishes to align with the contemporary luxury standards expected at this price point.
With only three sales in the subdivision since the start of 2024, establishing precise appraisal value and market positioning may be more complex for buyers and lenders.
What an opportunity! This stunning property backs up to majestic mountains all around. The private & gated enclave of Carino Canyon is tucked away just off Shea Blvd. Wake up every morning to the most desirable views and wonderful sunrises. North facing back yard offers two large patios, BBQ, pool with waterfall, and heated spa. One patio off the master is perfect for morning coffee and connecting with nature. Premium height ceilings & great room floor plan! Two islands in the kitchen, plus walk-in pantry! 5 bedrooms, including a casita up front. True office, formal dining, & formal living. Plus one bedroom inside is an in-law suite! Sonoran Desert living just minutes to the 101, SR87, & Mayo Clinic! Only 3 MLS sales in Carino Canyon since the start of 2024, as of this listing date!
No exterior & parking available.
Grades PK-5 • 3.9 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 5.0 | 3.0 | 81% |
| Square foot | 3,701 | 3,203 | 65% |
| Lot Size | 13,315 | 12,206 | 55% |
| Price | $1.68M | $830.0K | 75% |
| Price per sq ft | $453 | $377 | 68% |
| Built year | 1998 | 1994 | 71% |
| HOA | $475 | $193 | 90% |
| Days on market | 9 | 2312 | 1% |
May 28, 2026
$1,677,700
Initial Listing
Feb 27, 1998
$400,700
Public Record