
Scottsdale, AZ 85262
This Luxury Desert Retreat is a Strong Value Opportunity, listed at $850,000—positioned well below the $964,570 Fair Market Value by 11%. This valuation gap offers $114,570 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home boasts a chef-inspired kitchen, soaring 20-foot ceilings, and a resort-style backyard with a Baja-shelf pool and unobstructed mountain views. This property is an ideal acquisition for discerning homeowners or luxury lifestyle seekers desiring privacy and modern desert elegance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28313 N 164th Street Subject | $850,000* List Price | 4 | 2 | 2,331 | $414 | - |
A 28308 N 157TH Place Sold | $725,000 List Price | 4 | 2 | 2,468 | 0.9 mi | |
B 28109 N 165TH Street Active | $685,000 List Price | 4 | 2 | 2,273 | $301 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and remains in mint condition. The home features a modern chef-inspired kitchen with granite countertops and stainless steel appliances, high-quality 2x6 construction, and energy-efficient systems like Low-E dual-pane windows, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54504, living area = 2331.
The property features an exceptional outdoor living space complete with a Baja-shelf pool, cascading water features, travertine decking, and stunning, unobstructed desert mountain views.
Situated on a generous 1.25-acre lot, the home offers excellent privacy, a spacious 4-car garage, and a 50-amp RV receptacle, making it ideal for vehicle and toy storage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2331, other record living area = 2297.
The property's private location places it a significant distance from local schools and major city amenities, with the closest elementary and high schools being over 8 miles away.
The home relies on a shared well system for its water supply, which may require shared maintenance agreements and can be a deterrent for buyers accustomed to municipal water utilities.
Luxury Desert Living with Unobstructed Mountain Views on 1.25 Acres Welcome to elegant desert living in Rio Verde, where expansive space, privacy, and breathtaking unobstructed mountain views create an extraordinary setting for everyday life. Step inside to an open-concept great room featuring soaring 20-foot ceilings and an expansive 12-foot slider that seamlessly connects the interior to the resort-style backyard. Through the glass, a Baja-shelf pool, two cascading water features, and stunning mountain views create an unforgettable backdrop. The chef-inspired kitchen is designed for both entertaining and everyday living, featuring a gas range with custom hood, double wall ovens, stainless-steel appliances, granite countertops, and an oversized island. Upgraded ceramic tile flooring flows throughout the home. The spacious primary suite offers 9-foot ceilings, a luxurious bath with separate soaking tub and shower, dual vanities, and a generous walk-in closet. Two additional bedrooms and a full bath are thoughtfully positioned on the opposite side of the home, providing privacy for family or guests. An Entertainer's Dream Backyard Outdoor living takes center stage. The travertine-tiled pool deck, covered patio, sparkling Baja-shelf pool, cascading water features, and glowing gas tiki torches create a true resort-like atmosphere. Beyond the pool is a huge, fully fenced backyard enclosed with a distinctive combination of wood and corrugated metal fencing. Multiple plumbed gas connections provide flexibility for a future outdoor kitchen, BBQ, or additional fire pit, supplied by a 120-gallon propane tank. Built for Comfort, Quality & Adventure Premium construction details include Low-E dual-pane windows, tile roofing, 2x6 construction, a 4-car garage, and a 50-amp RV receptacle. The property is served by a shared tank, with EPCOR water rights in hand. With 1.25 acres of land, extraordinary mountain views, a resort-style pool, abundant outdoor space, and room for RVs and toys, this Rio Verde property offers the rare combination of luxury, privacy, and flexibility that Arizona buyers are looking for. This isn't simply a home--it's a private desert retreat designed for enjoying Arizona at its finest.
No exterior & parking available.
Grades 4-5 • 8.0 mi
Grades PK-3 • 8.5 mi
Grades K-6 • 12.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,331 | 2,663.758 |
| Lot Size | 54,504 | 10,693.732 |
| Price | $850.0K | $1.16M |
| Price per sq ft | $365 | $440 |
| Built year | 2018 | 1993 |
| HOA | $0 | $289 |
| Days on market | 27 | 84 |
Aug 13, 2026
$850,000
Initial Listing