15516 E PALO BREA Lane, Scottsdale, AZ 85262, Scottsdale, 85262 - 4 bed, 4 bath
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15516 E PALO BREA Lane
Scottsdale, AZ 85262
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
3,043Sq Ft
45,376Lot Size
Property Price
LIST PRICE$1,249,000
EST. MARKET VALUE
$1,186,717
5% AboveMARKET VALUE
SUMMARY
FULL_VERSION
This Nearly-New Estate is a High-Potential Investment Opportunity, listed at $1,249,000—positioned above the $1,186,718 Fair Market Value by 5%. While priced at a premium, the property offers an Excellent Condition Rating and rare features including a 20'x40' RV Garage and a Private Guest Casita. Situated on over an acre with Stunning Mountain Views, this turn-key residence provides a unique lifestyle for Outdoor Enthusiasts and Owner-Occupants seeking a modern, high-end sanctuary with significant storage and privacy.
SEO VERSION
Stunning 2023 Scottsdale estate on 1+ acre. Features 4BR/4BA, private casita, and massive RV garage. Modern upgrades, mountain views, and turn-key condition.
Estimated Market Value
$1,186,717
Based on Realkey algorithm analyzing recent comparable sales in Scottsdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15516 E PALO BREA Lane Subject | $1,249,000* List Price | 4 | 4 | 3,043 | $390 | - |
A 29806 N 155TH Street Pending | $878,900 List Price | 4 | 4 | 2,858 | $308 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2023, this nearly-new estate is in mint condition with modern high-end kitchen and bath finishes, brand new systems, and turn-key upgrades including a whole-home water filtration system and RV garage.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45376, living area = 3043.
- Extensive Vehicle Storage
The property features a 3-car attached garage plus a massive 20'x40' detached steel RV garage, providing exceptional space for hobbyists and outdoor enthusiasts.
- Private Guest Casita
A separate entrance casita with its own living area, wet bar, and full bath offers excellent privacy for guests or multi-generational living arrangements.
CONSRISKS & DEFICIENCIES
- Significant School Distance
All assigned schools are located over 9 miles away, which may pose a logistical challenge for families with school-aged children.
- Remote Location
While offering privacy and nature access, the property's distance from central Scottsdale amenities and services may be a drawback for some buyers.
About 15516 E PALO BREA Lane
Immaculate Estate on 1+ Acre w/ RV Garage, Casita & Stunning Mountain Views. This nearly-new, highly upgraded ranch home features a stone fireplace with custom shiplap & cabinetry, whole-home water filtration system, permanent holiday lighting, ring security cameras, and a separate entrance casita with it's own living area, wet bar & private full bath. The front & back yards are fully landscaped with critter-proof perimeter fencing, turf & fruit trees. Take in 4-Peaks under the misters, or take a short OHV ride to the Tonto National Forest or the Verde River. Park all your vehicles in the attached 3-car garage with 220V outlet and extended driveway or the detached 20'x40' steel RV garage with electric garage door opener and paver driveway. This turn-key property will not disappoint!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 45,376 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Scottsdale Unified Schools
Four Peaks Elementary School
Grades 4-5 • 9.5 mi
0/10
McDowell Mountain Elementary School
Grades PK-3 • 9.9 mi
6/10
Desert Sun Academy
Grades K-6 • 11.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,043 | 2,663.758 |
| Lot Size | 45,376 | 10,693.732 |
| Price | $1.25M | $1.16M |
| Price per sq ft | $410 | $440 |
| Built year | 2023 | 1993 |
| HOA | $0 | $289 |
| Days on market | 6 | 84 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,249,000
Initial Listing