
Fountain Hills, AZ 85268
This Brand-New Luxury Modern-Contemporary Estate is a High-Potential Investment Opportunity, listed at $3,850,000—positioned well below the $4,319,479 Fair Market Value by 10%. This valuation gap offers $469,479 in Instant Equity. Featuring a Picasso Homes Design and a Pristine Condition Rating, this Move-In Ready Sanctuary boasts a resort-style pool, spa, theatre room, and sunset views on a 1.77-acre lot. Served by the Fountain Hills Unified District, this home balances architectural sophistication with a premium lifestyle. It 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 |
|---|---|---|---|---|---|---|
★ 15431 E Palatial Circle Subject | $3,850,000* List Price | 4 | 6 | 5,152 | $838 | - |
A 9810 N ROCK RIDGE Trail Active | $4,995,000 List Price | 4 | 5 | 5,323 | $938 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 luxury construction featuring state-of-the-art modern-contemporary design. The property features high-end finishes throughout, including an expansive open-concept kitchen with premium stainless steel appliances, custom flat-panel cabinetry, and a large waterfall island. The home boasts wide-plank wood flooring, designer light fixtures, and floor-to-ceiling glass walls. As a new build, all mechanical, electrical, and structural systems are in pristine condition with no physical depreciation or deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 77367, living area = 5152.
As a 2026 masterpiece by Picasso Homes, this property offers the pinnacle of modern-contemporary design and high-end finishes, providing a turn-key experience with the latest architectural standards.
The home is a host's dream, featuring a dedicated theatre room, a lower-level flex space with a built-in bar, and a resort-style backyard equipped with a pool, spa, and built-in BBQ.
With three of the four bedrooms and the primary entertainment zones located on the lower level, the layout may be less appealing to buyers prioritizing a single-story lifestyle or total main-level accessibility.
The assigned public schools carry mid-range ratings (5-7), which may be a drawback for luxury-tier families who specifically target top-rated (9-10) educational districts.
Introducing a 2026 masterpiece by Picasso Homes, nestled within the exclusive gated enclave of Palatial Estates in Fountain Hills. This striking modern-contemporary residence seamlessly blends architectural sophistication with elevated everyday living. Spanning two thoughtfully designed levels. The primary suite is privately situated on the main level, creating a true retreat complete with a serene sitting area and spa-inspired bath. Designed for both grand entertaining and comfortable living, the main floor features a formal dining room, a dedicated office, and an expansive open-concept kitchen outfitted with premium finishes and seamless flow into the living spaces, powder room, spacious laundry and key drop. Downstairs: 3 spacious bedrooms, each w/its own ensuite bath along with an an additional powder, a theatre room and versatile flex space with a built-in bar, refrigerator, and sink provide the perfect setting for hosting or relaxing. Be captivated by the sunsets from the walk out patio. Step outside to your own resort-style backyard, where a sparkling pool and spa, built-in BBQ, and multiple lounging areas invite year-round enjoyment under Arizona skies--all framed by stunning views. A 4-car garage completes the home, offering ample space for collectors and convenience alike. Rare opportunity to own a brand-new, design-forward luxury residence in one of the area's most known gated communities.
No exterior & parking available.
Grades PK-3 • 2.8 mi
Grades 4-5 • 3.5 mi
Grades 6-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 6.0 | 3.0 | 98% |
| Square foot | 5,152 | 2,377 | 97% |
| Lot Size | 77,367 | 10,955 | 99% |
| Price | $3.85M | $655.0K | 99% |
| Price per sq ft | $747 | $317 | 99% |
| Built year | 2026 | 1995 | 99% |
| HOA | $200 | $0 | 73% |
| Days on market | 5 | 1952 | 1% |
Apr 17, 2026
$3,850,000
Initial Listing