
Scottsdale, AZ 85262
This Modern Desert Residence is a Strong Value Opportunity, listed at $674,900—positioned well below the $713,493 Fair Market Value by 5%. This valuation gap offers $38,593 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2018-built home offers a Designer Kitchen and Panoramic Mountain Views on a sprawling 1.25-acre lot with no HOA. This property is an ideal acquisition for Owner-Occupants seeking privacy or lifestyle-focused buyers looking for a turnkey, high-end desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30423 N 162ND Way Subject | $674,900* List Price | 4 | 3 | 2,525 | $283 | - |
A 16320 E Skinner Drive Active | $749,000 List Price | 4 | 4 | 2,616 | $286 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this home is under 10 years old and in mint condition. It features a modern designer kitchen with quartz countertops, stainless steel appliances, contemporary wood-look tile flooring, and updated bathrooms, 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 = 54583, living area = 2525.
Situated on a generous 1.25-acre lot with no HOA restrictions, this property offers unparalleled privacy and the freedom to store recreational vehicles or customize the grounds without oversight.
Built in 2018, the home features a contemporary split floor plan with high-end finishes, including quartz countertops, espresso cabinetry, and a three-car insulated garage, ensuring a move-in-ready experience.
The property is located a significant distance from local schools, with the nearest elementary and high schools being approximately 9 to 13 miles away, which may be a drawback for families.
While the large lot offers immense potential, the description suggests the backyard is currently a blank canvas, likely requiring a substantial additional investment to landscape or develop.
FINANCING INCENTIVE! Seller/Lender combined paid 2/1 temporary rate buydown with start rates in the 4%'s!! Welcome to Rio Verde, where wide open space, unobstructed desert views, and modern luxury come together on 1.25 acres with no HOA. This 4 bedroom, 3 bathroom residence delivers the kind of lifestyle buyers are chasing right now, privacy, flexibility, and room to live without compromise. Designed with an expansive split floor plan, the home opens into a dramatic great room filled with natural light and anchored by a designer kitchen built to impress. Quartz countertops, rich espresso cabinetry, stainless steel appliances, and an oversized island create a space that feels elevated yet effortlessly functional. A versatile formal dining space gives you the freedom to customize the home around your lifestyle, whether that's a statement dining room, executive office, media lounge, or additional entertaining space. The primary suite is intentionally separated for privacy, creating a true retreat, while the secondary bedrooms offer comfortable accommodations for family or guests. A 3 car garage with insulated doors adds practicality without sacrificing style. Outside is where this property truly sets itself apart. Endless Arizona skies, panoramic desert views, and the freedom that comes with no HOA create an experience that's increasingly hard to find in Scottsdale. Bring the toys, build the dream backyard, or simply enjoy the peace and quiet of elevated desert living!
No exterior & parking available.
Grades 4-5 • 9.3 mi
Grades PK-3 • 9.8 mi
Grades K-6 • 12.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 36% |
| Square foot | 2,525 | 3,567 | 15% |
| Lot Size | 54,583 | 37,482 | 78% |
| Price | $674.9K | $0 | 58% |
| Price per sq ft | $267 | $0 | 58% |
| Built year | 2018 | 2003 | 86% |
| HOA | $0 | $300 | 26% |
| Days on market | 15 | 2174 | 1% |
Jun 4, 2026
$674,900
Initial Listing