
Scottsdale, AZ 85262
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $494,900—positioned well below the $513,867 Fair Market Value by 3%. This valuation gap offers $18,967 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and a 2020 build date, the home offers a low-maintenance lifestyle with panoramic mountain views and a massive 44,881 sqft lot. With no HOA and a 2/1 rate buydown incentive, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking modern, rural-inspired living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16015 E WILDCAT Drive Subject | $494,900* List Price | 3 | 2 | 1,637 | $314 | - |
A 16342 E DIXILETA Drive Active | $500,000 List Price | 3 | 2 | 1,639 | $305 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is only 4 years old, placing it well within the 'Excellent' category. The interior features modern finishes including a contemporary kitchen with stainless steel appliances and quartz countertops, updated bathrooms with glass-enclosed walk-in showers, and uniform tile flooring throughout. As a newer construction, the HVAC and electrical systems are in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44881, living area = 1637.
The seller offers a 2/1 temporary rate buydown with introductory rates starting in the 4% range, providing significant monthly savings for buyers during the initial years of ownership.
Sitting on over an acre of land with no HOA restrictions, this property offers exceptional freedom for equestrian activities, RV parking, and desert lifestyle customization.
The property's secluded setting results in a significant commute to daily necessities, with the nearest schools and services located approximately 10 to 13 miles away.
At 1,637 square feet, the home's interior footprint is relatively modest compared to the massive lot size, which may not meet the needs of buyers seeking a larger estate.
EXCLUSIVE FINANCING OPPORTUNITY! Seller and preferred lender have partnered to offer a 2/1 temporary rate buydown with introductory rates starting in the 4%'s.Wake up to panoramic mountain views and experience the wide-open lifestyle that makes Rio Verde one of North Scottsdale's hidden gems. This 3 bedroom, 2 bathroom home offers the perfect blend of modern construction and rural Arizona living with NO HOA. The home features a thoughtfully designed open concept layout where the living, dining, and kitchen spaces come together seamlessly. The kitchen is equipped with stainless steel appliances, generous cabinet storage, a walk-in pantry, and an oversized workspace ideal for both everyday living and entertaining. The split floor plan creates privacy for the primary suite while two additional bedrooms provide flexibility for guests, a home office, or growing households. Clean finishes, abundant natural light, and quality craftsmanship throughout make this home truly move in ready. The home is finished entirely with tile flooring throughout--no carpet--providing a cohesive, low maintenance design. Step outside and enjoy some of the most sought after features of Rio Verde, expansive desert landscapes, stunning mountain backdrops, and room to breathe. Whether you're an equestrian, outdoor enthusiast, or simply looking to escape the congestion of city living, this property offers the space and freedom to create the lifestyle you want. Located near golf courses, hiking and horseback riding trails, and endless outdoor recreation, this home delivers a rare opportunity to enjoy newer construction, incredible views, and a financing incentive designed to help lower your monthly payment during the first two years of ownership.
No exterior & parking available.
Grades 4-5 • 9.6 mi
Grades PK-3 • 10.1 mi
Grades K-6 • 12.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 32% |
| Baths | 2.0 | 4.0 | 9% |
| Square foot | 1,637 | 3,567 | 1% |
| Lot Size | 44,881 | 37,482 | 65% |
| Price | $494.9K | $0 | 58% |
| Price per sq ft | $302 | $0 | 58% |
| Built year | 2020 | 2003 | 88% |
| HOA | $0 | $300 | 26% |
| Days on market | 8 | 2174 | 1% |
Jun 11, 2026
$494,900
Initial Listing