38197 N 108TH Street, Scottsdale, AZ 85262, Scottsdale, 85262 - 4 bed, 5 bath
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38197 N 108TH Street
Scottsdale, AZ 85262
ACTIVE
CONDITION: GOOD
4Beds
5Baths
5,900Sq Ft
75,020Lot Size
Property Price
LIST PRICE$4,100,000
EST. MARKET VALUE
$4,464,840
8% BelowMARKET VALUE
SUMMARY
This Luxury Single Family Residence is a Strong Value Opportunity, listed at $4,100,000—positioned well below the $4,464,841 Fair Market Value by 8%. This valuation gap offers $364,841 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this estate includes a Wolf/Sub-Zero kitchen, negative-edge pool, and a 1,500 SF detached guest house. With its elevated mountain views and turnkey lifestyle package, this property is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking an exclusive Mirabel Club lifestyle.
Estimated Market Value
$4,464,840+$364,840 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 38197 N 108TH Street Subject 4 bd · 5 ba · 5,900 sqft · $757 | $4,100,000* List Price | 4 | 5 | 5,900 | $757 | - |
A 11050 E Wildcat Hill Road Active 4 bd · 6 ba · 6,162 sqft · $795 · 0.4 mi | $4,900,000 List Price | 4 | 6 | 6,162 | $795 | 0.4 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, this property falls into the 10-20 year age bracket. It is exceptionally well-maintained, functional, and move-in ready, featuring a high-end Wolf/Sub-Zero kitchen, premium finishes, and pristine desert landscaping.
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 = 75020, living area = 5900.
- Exceptional Privacy and Scale
Created from two combined lots in the exclusive Mirabel Club, this estate offers rare acreage and seclusion with elevated south-facing mountain and desert views.
- Premium Guest Accommodations
The property includes a substantial 1,500 SF detached guest house featuring its own ramada and view deck, providing a luxury experience for visitors or multi-generational living.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The $1,200 association fee, combined with the maintenance of a large 1.7-acre lot and potential golf membership dues, represents a significant ongoing financial commitment.
- Aging Infrastructure
Built in 2007, the property may soon require capital improvements to mechanical systems or aesthetic updates to remain competitive with newer ultra-luxury builds in the area.
About 38197 N 108TH Street
Created from two combined lots in the exclusive Mirabel Club, this one-of-a-kind estate offers exceptional privacy, scale and elevated south-facing mountain and desert views. Designed for effortless single-level living, the property pairs an approx. 4,400 SF main residence with a 1,500 SF detached guest house. Highlights include a Wolf/Sub-Zero kitchen, spacious primary suite, ensuite guest rooms, heated negative-edge pool and spa, putting green, expansive covered patios with fireplace, and beautifully landscaped grounds. The guest house features its own ramada and elevated view deck overlooking the Sonoran Desert. Offered furnished with a Mirabel-approved golf cart included. A full golf membership is also available--an exceptional opportunity to step directly into the Mirabel lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 75,020 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1200 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,900 | 2,608.685 |
| Lot Size | 75,020 | 10,404.073 |
| Price | $4.10M | $1.16M |
| Price per sq ft | $695 | $444 |
| Built year | 2007 | 1993 |
| HOA | $1200 | $293 |
| Days on market | 30 | 82 |
Pricing History
Listed for Sale
Sep 24, 2026
$4,100,000
Initial Listing