
Scottsdale, AZ 85255
This Luxury New Construction Estate in Scottsdale’s prestigious Sereno Canyon is listed at $1,650,000—positioned well below the $1,664,706 Fair Market Value by 1%. This valuation gap delivers $14,706 in Instant Equity for a property with a Mint Condition Rating. Featuring a gourmet kitchen, 16'x10' multi-slide pocket doors, and stunning mountain views, the home integrates high-end finishes with the desert landscape. Estimated for completion in Winter 2026, this 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 |
|---|---|---|---|---|---|---|
★ 23702 N 127TH Street Subject | $1,675,000* List Price | 4 | 4 | 2,785 | $595 | - |
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 12357 E BLACK ROCK Road Active | $1,595,000 List Price | 4 | 4 | 2,810 | $568 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction property with an estimated completion in 2026. It features a gourmet kitchen with a large center island, a deluxe primary bath with high-end finishes, and brand-new systems throughout. As a new build, it is in mint condition with no maintenance required.
The property features 16'x10' multi-slide pocket doors and a large covered patio, seamlessly integrating the soaring great room with the outdoors for a quintessential Arizona lifestyle.
Situated adjacent to natural area open space (NAOS) with stunning mountain views, this homesite offers superior privacy and a scenic desert backdrop that cannot be obstructed.
The primary suite is a true retreat, featuring a deluxe bath with a soaking tub, luxe shower, and an expanded walk-in closet, catering to high-end buyer expectations.
With an estimated completion date of Winter 2026, this property is not suitable for buyers requiring immediate occupancy or those wary of long-term construction interest rate fluctuations.
The association fee of $2,673 represents a significant recurring expense that may impact the overall affordability and monthly budget for potential owners.
NEW CONSTRUCTION - EST. COMPLETION: WINTER 2026! The Stellan has a private front courtyard that flows into the welcoming covered entry and foyer, revealing the soaring great room, casual dining space and 16'x10' multi-slide pocket door leading to the large covered patio. The well-equipped gourmet kitchen is highlighted by a large center island with breakfast bar, expansive countertops and cabinetry. The stunning primary bedroom suite is enhanced with a deluxe primary bath including dual vanities, large soaking tub, luxe shower and private water closet, along with an expanded walk-in closet. Additional highlights include a generous bonus room. This homesite provides stunning mountain views and privacy adjacent to natural area open space. Come experience luxury living!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 2,785 | 2,999 | 46% |
| Lot Size | 7,833 | 9,908 | 32% |
| Price | $1.68M | $855.0K | 76% |
| Price per sq ft | $601 | $412 | 87% |
| Built year | 2026 | 1997 | 99% |
| HOA | $2673 | $224 | 99% |
| Days on market | 53 | 2678 | 1% |
Jun 9, 2026
$1,675,000
$1,650,000
+2% Price Increase
Initial Listing
Apr 27, 2026
$1,650,000
Initial Listing