
Scottsdale, AZ 85255
This Custom Estate in Serenity at Grayhawk is a Strong Value Opportunity, listed at $3,950,000—positioned well below the $4,419,353 Fair Market Value by 10%. This valuation gap offers $469,353 in Instant Equity. Featuring a Good Condition Rating, the home boasts a Resort-Style Backyard with a pool, spa, and putting green. With its Private Office and Detached Casita, this property is an ideal sanctuary for Luxury Homebuyers or Discerning Investors seeking a high-end, move-in ready asset in a premier Scottsdale enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21742 N 81ST Street Subject | $3,550,000* List Price | 4 | 5 | 6,108 | $611 | - |
A 8520 E VIA MONTOYA -- Active Under Contract | $3,499,000 List Price | 5 | 5 | 5,289 | $662 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property falls squarely into the 'Good' category. It is a well-maintained custom estate that is move-in ready with high-end functional systems. While it features recent cosmetic upgrades like new paint and light fixtures, the kitchen and bath cabinetry and tile work reflect the original high-quality 2007 construction rather than a full modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37457, living area = 6108.
The expansive backyard is a premier entertainment space featuring a rectangular pool with water features, a three-hole putting green, a detached casita, and a private outdoor shower, all backing to a serene natural area open space.
This estate showcases exceptional craftsmanship with box beam and coved ceilings, wood casement windows, and recent high-end updates including fresh interior/exterior paint and modern light fixtures throughout.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6108, other record living area = 5658.
The scale of the 6,108-square-foot home, combined with extensive hardscaping, multiple water features, and a large 0.86-acre lot, implies significant ongoing utility and maintenance costs.
While elementary schools are less than a mile away, the assigned middle and high schools are located nearly 6 to 7 miles from the property, which may be a drawback for families with older children.
Situated within the guard-gated Raptor Retreat in Serenity at Grayhawk, this custom estate offers a private setting backing to natural area open space, creating a quiet and secluded feel while still capturing the community's elevated beauty. A long paved drive leads to the portico entry and four-car garage, setting the stage for a home with recent upgrades including new interior and exterior paint and new light fixtures throughout. The entry opens to formal living and dining spaces, highlighted by a box beam ceiling in the living room and a coved ceiling in the dining area. Wood casement doors and windows add warmth and character throughout. Designed for both everyday living and entertaining, the kitchen opens to the family room with a stone fireplace. The kitchen features stainless steel appliances, a gas cooktop, double wall ovens, two dishwashers, two microwaves, a warming drawer, a large center island with a prep sink and seating, peninsula bar seating, and a breakfast room. A butler's pantry includes a sink, additional storage, beverage/wine refrigerator, two refrigerator drawers and convenient exterior access. The main level includes a private office with its own entry, along with a spacious primary suite designed as a true retreat. Complete with a stacked stone fireplace and sitting area, the primary suite also features a spa-like bath with a his-and-hers setup, including a centerpiece soaking tub, walk-in shower, dual vanities, an exercise room, and a large walk-in closet. A private enclosed patio with outdoor shower enhances the indoor-outdoor connection. Upstairs, two guest suites each offer private baths, along with a flexible bonus space currently styled as a playroom with foam pit and rock wall, easily converted to a media room or additional lounge. A detached casita provides ideal guest accommodations with a kitchenette, microwave, beverage refrigerator, sink, bedroom, and bath. The backyard is an entertainer's dream, thoughtfully designed with a large covered patio and fireplace, built-in grilling area, and expansive hardscape. The rectangular pool is flanked by columns and water features, leading to a pergola-covered lounge space. A separate spa, artificial turf areas, citrus trees, a fire pit and a three-hole putting green complete the setting. Serenity at Grayhawk is an exclusive enclave of just 33 custom homesites known for its elevated lots, privacy, and access to Grayhawk's extensive amenities, including parks, trails, and community features, all just minutes from shopping, dining, and the Loop 101.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades PK-6 • 0.9 mi
Grades 7-8 • 7.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 88% |
| Square foot | 6,108 | 2,999 | 98% |
| Lot Size | 37,457 | 9,908 | 82% |
| Price | $3.55M | $850.0K | 93% |
| Price per sq ft | $581 | $417 | 82% |
| Built year | 2007 | 1997 | 94% |
| HOA | $442 | $222 | 85% |
| Days on market | 57 | 2682 | 1% |
Jun 19, 2026
$3,550,000
$3,750,000
-5% Price Drop
Initial Listing
May 29, 2026
$3,750,000
$3,950,000
-5% Price Drop
Initial Listing
Apr 27, 2026
$3,950,000
Initial Listing