38487 N 94th Street, Scottsdale, AZ 85262, Scottsdale, 85262 - 4 bed, 5 bath
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38487 N 94th Street
Scottsdale, AZ 85262
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
5,300Sq Ft
34,744Lot Size
Property Price
LIST PRICE$4,650,000
EST. MARKET VALUE
$4,761,524
SUMMARY
This Stunning Desert Mountain Residence is a Prime Investment Opportunity, listed at $4,650,000—positioned well below the $4,761,525 Fair Market Value by 2%. This valuation gap offers $111,525 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a private guest casita, steam shower, and sauna. With panoramic golf course views and proximity to top-rated schools like Black Mountain Elementary, this property is an ideal sanctuary for Luxury Homeowners or Discerning Investors seeking a turnkey, high-end asset.
Estimated Market Value
$4,761,524
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 |
|---|---|---|---|---|---|---|
★ 38487 N 94th Street Subject 4 bd · 5 ba · 5,300 sqft · $898 | $4,650,000* List Price | 4 | 5 | 5,300 | $898 | - |
A 9180 E HAPPY HOLLOW Drive Sold 5 bd · 6 ba · 5,283 sqft · $833 · 0.6 mi | $4,400,000 | 5 | 6 | 5,283 | $833 | 0.6 mi |
B 9368 E COVEY Trail Active 4 bd · 5 ba · 5,657 sqft · $954 · 0.1 mi | $5,395,000 List Price | 4 | 5 | 5,657 | $954 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1999, the property shows evidence of a high-end, modern renovation. The interior features contemporary lighting, updated large-format tile flooring, and a modern bar area. The description notes significant recent updates including a steam shower and sauna in the primary bath, and the overall condition appears mint and move-in ready with no visible maintenance needs.
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 = 34744, living area = 5300.
- Prime Golf Course Location
Situated on the 16th green of the Renegade Golf Course, the property offers exceptional panoramic views of the fairways, mountains, and city lights.
- Luxury Amenities & Guest Accommodations
The residence includes a highly coveted available golf membership, a private guest casita, and premium wellness features like a built-in steam shower and sauna.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1999, the home may require more frequent maintenance or further aesthetic updates to compete with the newer luxury constructions in the Desert Mountain area.
- High Carrying Costs
With a substantial association fee of $1,838 and the additional costs associated with a premier golf membership, the ongoing ownership expenses are significant.
About 38487 N 94th Street
GOLF MEMBERSHIP AVAILABLE. Set against the dramatic backdrop of the Sonoran Desert, this beautiful DESERT MOUNTAIN residence enjoys a premier setting overlooking the 16th green of the Renegade Golf Course. Enjoy sweeping golf course views, mountain vistas, city lights and breathtaking Arizona sunsets. Seamless indoor-outdoor living define this exceptional desert retreat. The open-concept great room serves as the heart of the home, showcasing expansive views and an effortless flow ideal for both everyday living and sophisticated entertaining. A generous wraparound patio extends the living space outdoors, providing multiple inviting areas to relax, entertain, and take in the surrounding mountains, lush golf course, and spectacular sunsets. Thoughtfully designed for comfort and privacy, the residence features four spacious ensuite bedrooms, including a separate guest casita, offering an ideal retreat for family and guests alike. Multiple updates to the home include a steam shower and sauna in the main bathroom. See the document tab for all updates on the home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 34,744 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 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 • 5.3 mi
8/10
Sonoran Trails Middle School
Grades 6-8 • 8.4 mi
6/10
Cactus Shadows High School
Grades 9-12 • 5.5 mi
7/10
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 | 5,300 | 2,608.685 |
| Lot Size | 34,744 | 10,404.073 |
| Price | $4.65M | $1.16M |
| Price per sq ft | $877 | $444 |
| Built year | 1999 | 1993 |
| HOA | $1838 | $293 |
| Days on market | 12 | 82 |
Pricing History
Listed for Sale
Oct 12, 2026
$4,650,000
Initial Listing