
Scottsdale, AZ 85255
This Luxury New Construction Estate is a Prime Investment Opportunity, listed at $1,700,000—positioned well below the $1,787,767 Fair Market Value by 4%. This valuation gap delivers $87,767 in Instant Equity for a property with a Mint Condition Rating. Located in the prestigious Sereno Canyon, the residence features scenic mountain views, a gourmet kitchen, and rare customization potential for its 2026 completion. This desert sanctuary is ideal for Luxury-Seeking Professionals or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23654 N 127TH Street Subject | $1,725,000* List Price | 4 | 5 | 3,222 | $559 | - |
A 23874 N 123RD Place Sold | $2,000,000 | 4 | 5 | 3,468 | $577 | 0.5 mi |
B 12322 E Black Rock Road Sold | $1,870,000 | 3 | 4 | 3,353 | $558 | 0.4 mi |
C 23702 N 127TH Street Active | $1,675,000 List Price | 4 | 4 | 2,785 | $601 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new construction property with a 2026 completion date. It features high-end modern finishes, including a gourmet kitchen with a waterfall island, luxury bathrooms with contemporary tiling and under-vanity lighting, and all-new mechanical systems.
As a new construction with a Winter 2026 completion date, buyers have the rare opportunity to personalize interior selections, landscaping, and pool design to their exact preferences.
The primary suite offers a high-end experience with a private covered patio, an oversized walk-in closet, and a spa-like bathroom featuring a soaking tub and luxe rainhead shower.
Located in the prestigious Sereno Canyon, the property features desirable mountain views that enhance the desert living experience and provide a serene backdrop.
With completion not expected until late 2026, this property is unsuitable for buyers requiring immediate relocation or short-term occupancy.
The association fee of $2,673 represents a significant recurring carrying cost that may impact the overall monthly budget for prospective owners.
NEW CONSTRUCTION - EST, WINTER 2026 COMPLETION. The Salima's private front courtyard and covered entry flow into the grand foyer, opening to the great room with views of the covered patio. The gourmet kitchen overlooks a bright casual dining area, and is highlighted by a center island with breakfast bar and walk-in pantry. The primary bedroom is complete with a private covered patio, oversized walk-in closet, and primary bath with dual-sink vanity, large soaking tub, luxe shower with seat, rainhead, and private water closet. The secondary bedrooms feature an ensuite bath. There is still time to personalize your interior selections and landscaping/pool design. Make this home yours today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 5.0 | 3.0 | 88% |
| Square foot | 3,222 | 3,012.5 | 62% |
| Lot Size | 8,013 | 9,908 | 34% |
| Price | $1.73M | $855.0K | 76% |
| Price per sq ft | $535 | $412 | 74% |
| Built year | 2026 | 1997 | 99% |
| HOA | $2673 | $224 | 99% |
| Days on market | 52 | 2678 | 1% |
Jun 9, 2026
$1,725,000
$1,700,000
+1% Price Increase
Initial Listing
Apr 28, 2026
$1,700,000
Initial Listing