37870 N 98TH Place, Scottsdale, AZ 85262, Scottsdale, 85262 - 3 bed, 4 bath
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37870 N 98TH Place
Scottsdale, AZ 85262
ACTIVE
CONDITION: GOOD
3Beds
4Baths
4,995Sq Ft
52,152Lot Size
Property Price
LIST PRICE$2,295,000
EST. MARKET VALUE
$2,140,380
7% AboveMARKET VALUE
SUMMARY
This Luxury Desert Sanctuary is a Strong Value Opportunity, listed at $2,295,000—positioned well above the $2,140,381 Fair Market Value by 7%. While priced at a premium, the property maintains a Good Condition Rating and offers an unparalleled lifestyle with a Negative Edge Pool, 360-degree mountain views, and a 500+ bottle wine room. Located near top-rated schools like Black Mountain Elementary, this home provides a sophisticated retreat for Luxury Homebuyers or Discerning Owner-Occupants seeking an entertainer's paradise in Scottsdale.
Estimated Market Value
$2,140,380
Based on Realkey algorithm analyzing recent comparable sales in Scottsdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37870 N 98TH Place Subject | $2,295,000* List Price | 3 | 4 | 4,995 | $429 | - |
A 9799 E JAGGED PEAK Road Sold | $1,665,000 | 5 | 6 | 4,061 | $410 | 0.7 mi |
B 9533 E RISING SUN Drive Active Under Contract | $2,699,000 List Price | 4 | 4 | 5,169 | $522 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007 (19 years old), the property falls within the 10-20 year range for 'Good' condition. The kitchen and bathrooms feature high-end materials like granite and custom cabinetry that are well-maintained and functional. The inclusion of Crestron smart home automation and high-end appliances indicates systems are in good working order, making it move-in ready despite the mid-2000s aesthetic.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 52152, living area = 4995.
- Premier Entertainment Amenities
The home is an entertainer's dream, featuring an 8-seat home theater, a 500+ bottle wine room, a 3-hole putting green, and a full Crestron smart home automation system.
- Seamless Indoor-Outdoor Living
Collapsible pocket doors in the great room lead to a massive backyard oasis with over 2,000 sq. ft. of covered patio, a negative edge pool, and multiple sun decks.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4995, other record living area = 4681.
- Limited Bedroom Count
Despite having nearly 5,000 sq. ft. of living space, the home only offers 3 bedrooms, which may be a drawback for larger families or buyers seeking more guest accommodations.
- High Association Fees
The association fee of $1,838 represents a significant recurring carrying cost that may impact the property's appeal to budget-conscious luxury buyers.
About 37870 N 98TH Place
Incredible Opportunity with this Exceptional Desert Escape!! This Property Features Expansive Spaces with Large Open Rooms, conveniently located with an interior in the community of Sunrise. Amenities include: Opulent 8 Seat Home Theater, Exercise Room, Bar, 500+ bottle wine room, a View Deck with 360 Degree Mountain Views, 3 Hole Putting Green, Crestron Smart Home Automation, Complete Home Audio System with Surround Sound throughout including the Master Shower. The Great Room features a Pool Table, Pass Through Bar and Collapsible Pocket Doors leading to the backyard. Enjoy a Backyard Desert Oasis with over 2,000 sq/ft of Covered Patio, 2 Way Fireplace, BBQ, a Negative Edge Pool and Multiple Sun Decks. Should you desire an additional bedroom/bathroom, the theater can easily be converted.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 52,152 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1838 / Month
Neighborhood Insights
Scottsdale Unified Schools
Black Mountain Elementary School
Grades PK-6 • 5.7 mi
8/10
Sonoran Trails Middle School
Grades 6-8 • 8.5 mi
6/10
Cactus Shadows High School
Grades 9-12 • 5.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,995 | 2,663.758 |
| Lot Size | 52,152 | 10,693.732 |
| Price | $2.29M | $1.16M |
| Price per sq ft | $459 | $440 |
| Built year | 2007 | 1993 |
| HOA | $1838 | $289 |
| Days on market | 37 | 84 |
Pricing History
Listed for Sale
Aug 3, 2026
$2,295,000
Initial Listing