24023 N 127TH Way, Scottsdale, AZ 85255, Scottsdale, 85255 - 4 bed, 5 bath
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Scottsdale, AZ 85255
This New Luxury Desert Masterpiece is a Strong Value Opportunity, listed at $4,993,900—positioned well below the $5,504,120 Fair Market Value by 9%. This valuation gap offers $510,220 in Instant Equity for a brand-new 2024 Camelot Homes build. Boasting an Excellent Condition Rating, the residence features a gourmet kitchen with Wolf appliances, a separate guest casita, and unobstructed mountain views. Located in the exclusive Shadow Ridge community, this estate combines elite lifestyle amenities with significant financial upside. It is a premier acquisition for Luxury Homebuyers or Owner-Occupants seeking a high-end sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24023 N 127TH Way Subject | $4,993,900* List Price | 4 | 5 | 5,476 | $1,005 | - |
A 24046 N 126TH Place Active | $6,295,900 List Price | 4 | 5 | 5,476 | $1,150 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 luxury construction by Camelot Homes. The property features high-end designer finishes, including a gourmet kitchen with Wolf appliances, marble waterfall countertops, and custom cabinetry. The home boasts modern wide-plank wood flooring, vaulted ceilings with decorative beams, and designer light fixtures throughout. As a new build, all mechanical, electrical, and plumbing systems are new, meeting the highest standards with no physical depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26267, living area = 5476.
Built in 2024 by the award-winning Camelot Homes, this residence offers the pinnacle of modern desert architecture with brand-new systems and high-end designer finishes.
The floor plan features a dedicated office, a bonus room, and a separate 1-bedroom casita, providing exceptional flexibility for remote work and multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5476, other record living area = 5723.
At nearly $5 million, the property represents a significant capital investment that may exceed the budget of many luxury buyers in the Scottsdale market.
The property is currently 'Active Under Contract,' which may deter new buyers who are looking for an immediate, non-contingent purchase opportunity.
Experience Elevated Desert Living in this Camelot Homes Masterpiece Nestled on a serene cul-de-sac homesite, this luxurious new residence by Camelot Homes offers a seamless blend of timeless elegance and modern comfort. Thoughtfully designed by Camelot's award-winning design team, this expansive home features 4 bedrooms, 4.5 baths, a versatile bonus room, and a dedicated office -- providing flexible space for both relaxation and productivity. An added highlight is the separate 1-bedroom, 1-bath casita, perfect for hosting guests in privacy and style. Positioned to capture breathtaking Eastern views of the iconic Four Peaks Mountains, the home is a sanctuary of tranquility and desert beauty. Price includes pool and landscaping,
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 86% |
| Square foot | 5,476 | 2,980.5 | 95% |
| Lot Size | 26,267 | 9,908 | 74% |
| Price | $4.99M | $1.04M | 96% |
| Price per sq ft | $912 | $444 | 96% |
| Built year | 2024 | 1998 | 98% |
| HOA | $276 | $237 | 60% |
| Days on market | 45 | 2162 | 0% |
Mar 9, 2026
$4,993,900
Initial Listing