27975 N 111TH Way, Scottsdale, AZ 85262, Scottsdale, 85262 - 3 bed, 3 bath
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Scottsdale, AZ 85262
This Sophisticated Desert Residence is a Prime Investment Opportunity, listed at $975,000—positioned well below the $997,040 Fair Market Value by 2%. This valuation gap provides $22,040 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a modernized granite kitchen, wood-look tile, and a private pool bordering a nature preserve. Located in the prestigious Troon North community near highly-rated schools, it offers a turnkey lifestyle with serene mountain views. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27975 N 111TH Way Subject | $950,000* List Price | 3 | 3 | 2,826 | $346 | - |
A 11142 E MARK Lane Sold | $1,025,000 List Price | 3 | 3 | 2,813 | 0.3 mi | |
B 11142 E MARK Lane Sold | $675,000 List Price | 3 | 3 | 2,772 | 0.3 mi | |
C 11187 E OBERLIN Way Active | $899,900 List Price | 3 | 3 | 2,826 | $318 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1992, the property has undergone significant interior renovations including a modern kitchen with espresso soft-close cabinetry, granite countertops, and updated wood-look tile flooring. The home appears well-maintained and move-in ready, consistent with a 5-15 year renovation profile.
Situated on a private lot bordering a nature preserve in the prestigious Troon North community, offering serene mountain views and a peaceful desert backdrop.
The kitchen features high-end espresso soft-close cabinetry, granite countertops, and a functional island, making it a turnkey space for culinary enthusiasts.
The backyard is well-equipped for the Arizona lifestyle with a sparkling pool, covered patio, and a generous grassy area, which is a rare and desirable feature in desert landscaping.
Built in 1992, the home may require upcoming capital expenditures for major systems or structural components that are approaching the end of their typical lifecycle.
While the assigned schools have solid ratings, they are located approximately 6 to 7.5 miles away, which may be less convenient for families prioritizing close proximity to education.
Set on a private lot in Echo Ridge at Troon North, this beautifully maintained home offers mountain views, a sparkling pool, and a peaceful backdrop bordering the nature preserve. The thoughtful floorplan features a great room, family room with fireplace, and a den in the loft area perfect for an office. The kitchen offers espresso soft-close cabinetry, pull-out shelves, granite counters, tile backsplash, island, and breakfast area. The spacious primary suite features vaulted ceilings, a private balcony with mountain views, and walk-in closet. Outside, enjoy covered patio space, lounge areas by the pool, and a generous grassy yard ideal for pets, play, or entertaining. Close to golf, parks, hiking trails, upscale dining, and North Scottsdale living.
No exterior & parking available.
Grades K-6 • 6.0 mi
Grades 6-8 • 7.1 mi
Grades 9-12 • 7.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 3.0 | 4.0 | 35% |
| Square foot | 2,826 | 3,567 | 23% |
| Lot Size | 8,526 | 34,718 | 4% |
| Price | $950.0K | $0 | 59% |
| Price per sq ft | $336 | $0 | 63% |
| Built year | 1992 | 2003 | 1% |
| HOA | $300 | $300 | 50% |
| Days on market | 51 | 2161 | 1% |
May 23, 2026
$950,000
$975,000
-3% Price Drop
Initial Listing
Apr 24, 2026
$975,000
Initial Listing