18821 N 97TH Way, Scottsdale, AZ 85255, Scottsdale, 85255 - 5 bed, 6 bath
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Scottsdale, AZ 85255
This Reimagined Silverleaf Estate is a Strong Value Opportunity, listed at $5,000,000—positioned well below the $5,477,256 Fair Market Value by 8%. This valuation gap provides $477,256 in Instant Equity for the incoming owner. Featuring a Mint Condition Rating, the residence showcases a marble chef’s kitchen, mountain views, and a detached guest house. With proximity to Copper Ridge School and Chaparral High School, this property balances elite lifestyle perks with significant financial upside. It is ideal for luxury home seekers or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18821 N 97TH Way Subject | $4,900,000* List Price | 5 | 6 | 5,845 | $885 | - |
A 20044 N 101ST Way Pending | $5,950,000 List Price | 5 | 6 | 6,309 | $943 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2008, the property has been recently and fully renovated within the last 5 years. It features a high-end chef's kitchen with marble surfaces and premium appliances, completely redesigned luxury bathrooms, and new flooring throughout, presenting in mint, move-in-ready condition.
Situated in the prestigious Silverleaf Arcadia enclave, this estate offers unmatched privacy with no neighbors behind and the security of a premier guard-gated community.
The home features a fully reimagined interior with a chef's marble kitchen, new flooring, and a resort-style primary suite, providing a move-in-ready luxury experience.
A fully appointed detached guest house provides exceptional flexibility for multigenerational living, long-term guests, or a private executive-level home office.
The combination of a $510 monthly HOA fee and the extensive maintenance required for a 5,800+ sq ft estate with resort amenities results in significant ongoing ownership expenses.
While the elementary and middle schools are conveniently close, the assigned high school is over six miles away, which may be a consideration for families with older children.
What is it like to live in Silverleaf Scottsdale luxury real estate? An exclusive guard-gated lifestyle with golf, privacy, mountain views, and elite-level homes designed for those who expect more. Welcome to Silverleaf, the pinnacle of luxury living in North Scottsdale, where timeless architecture meets elevated desert elegance. Perfectly positioned in the prestigious Arcadia enclave, this Scottsdale home offers a rare opportunity to own a fully reimagined estate on an expansive half-acre homesite with no neighbors behind, delivering unmatched privacy and serene desert tranquility. This exceptional residence spans approximately 5,800+ sq ft and features 5 spacious bedrooms, a private den, and 6 luxurious bathrooms, thoughtfully designed for both grand entertaining and everyday comfort. Recently renovated with refined, high-end finishes, the home showcases a stunning chef's kitchen adorned with marble surfaces, custom cabinetry, and premium appliances that anchor the heart of the home in sophistication and functionality. The interiors have been elevated with new flooring throughout and a completely redesigned primary suite retreat, featuring a spa-inspired bathroom that rivals five-star resorts. Each additional bathroom has also been meticulously renovated, ensuring a cohesive and modern luxury aesthetic throughout. Step outside into a true Arizona oasis. Elevated outdoor living spaces invite seamless indoor-outdoor living, complete with a covered patio, resort-style pool, and spa, all designed to capture the beauty of Scottsdale's year-round sunshine. Whether hosting intimate gatherings or large-scale entertaining, this backyard delivers privacy, elegance, and functionality without compromise. A fully appointed guest house provides flexibility for multigenerational living, visiting guests, or executive-level work-from-home opportunities. Located within the highly sought-after Arcadia at Silverleaf, residents enjoy access to world-class amenities including a private golf club, tennis courts, fitness center, and miles of scenic walking trails . The community itself is renowned for its exclusivity, guard-gated security, and proximity to upscale dining, shopping, and outdoor recreation. Positioned just minutes from Market Street at DC Ranch, Kierland Commons, and the McDowell Sonoran Preserve, this home offers the perfect balance of privacy and convenience. Luxury. Privacy. Prestige. This is Scottsdale living at its absolute finest.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 9-12 • 6.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 6.0 | 3.0 | 96% |
| Square foot | 5,845 | 3,012.5 | 97% |
| Lot Size | 23,249 | 10,000 | 74% |
| Price | $4.90M | $855.0K | 94% |
| Price per sq ft | $838 | $412 | 93% |
| Built year | 2008 | 1997 | 95% |
| HOA | $510 | $224 | 90% |
| Days on market | 73 | 2678 | 1% |
May 26, 2026
$4,900,000
$5,000,000
-2% Price Drop
Initial Listing
Apr 7, 2026
$5,000,000
Initial Listing