
Scottsdale, AZ 85262
This Stunning Move-In Ready Estate is a Strong Value Opportunity, listed at $2,725,000—positioned well below the $2,884,628 Fair Market Value by 5%. This valuation gap offers $159,628 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a new $87,000 HVAC system and a Chef's Kitchen. With a 5-car garage, private casita, and mountain views, this property is an ideal sanctuary for luxury homeowners or discerning investors seeking a turnkey, high-utility desert residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38800 N 107TH Way Subject 5 bd · 5 ba · 5,216 sqft · $522 | $2,725,000* List Price | 5 | 5 | 5,216 | $522 | - |
A 38793 N 107TH Place Sold 4 bd · 5 ba · 4,539 sqft · $441 · 0.0 mi | $2,000,000 | 4 | 5 | 4,539 | $441 | 0.0 mi |
B 10948 E RISING SUN Drive Sold 4 bd · 6 ba · 4,710 sqft · $541 · 0.2 mi | $2,550,000 | 4 | 6 | 4,710 | $541 | 0.2 mi |
C 37505 N 104TH Place Sold 4 bd · 6 ba · 5,050 sqft · $624 · 0.9 mi | $3,150,000 | 4 | 6 | 5,050 | $624 | 0.9 mi |
D 11131 E GRAYTHORN Drive Sold 5 bd · 6 ba · 5,260 sqft · $608 · 0.7 mi | $3,200,000 | 5 | 6 | 5,260 | $608 | 0.7 mi |
E 10603 E RISING SUN Drive Active 5 bd · 6 ba · 5,805 sqft · $516 · 0.3 mi | $2,995,000 List Price | 5 | 6 | 5,805 | $516 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2009, the property features a brand-new $87,000 high-efficiency HVAC system and recent upgrades to pool equipment, irrigation, and interior paint. The high-end chef's kitchen and travertine/wood flooring are in mint condition, meeting the criteria for a recently renovated/meticulously maintained estate with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33400, living area = 5216.
The property features over $120,000 in recent high-value upgrades, including a new $87,000 high-efficiency HVAC system and $34,000 in landscaping and irrigation, significantly reducing immediate move-in costs and future maintenance concerns.
With a rare five-car-plus garage and a fully equipped attached casita, this estate offers exceptional versatility for car collectors and provides a private, flexible space for multi-generational living or a home office.
While the assigned schools carry solid ratings, they are located between 7 and 10 miles from the property, which may pose a significant daily commute challenge for families with school-aged children.
The combination of a 5,216-square-foot interior, three independent HVAC units, and a large 0.77-acre lot suggests substantial ongoing utility and landscape maintenance expenses for the homeowner.
Experience luxury desert living in this remarkable estate, perfectly positioned on a coveted corner lot and thoughtfully upgraded with many recent improvements. Combining timeless craftsmanship with modern efficiency, this exceptional residence offers breathtaking indoor-outdoor living and an unparalleled lifestyle. Step through the grand foyer, where travertine flooring and exposed ceiling beams create an atmosphere of warmth and sophistication. The spacious living room features a stunning stone fireplace, pre-wired surround sound, and expansive multi-slide glass doors that seamlessly connect the interior to the spectacular outdoor spaces and surrounding desert landscape. The chef's kitchen is designed to impress, showcasing stainless steel appliances, granite countertops, a travertine backsplash, abundant cabinetry with crown molding, a walk-in pantry, and an oversized island with breakfast bar seating. The adjacent breakfast nook overlooks the private courtyard, creating the perfect setting for morning coffee or casual dining. Recent upgrades include a completely new HVAC system featuring three independent high-efficiency units and equipment valued at approximately $87,000, ensuring exceptional comfort throughout the home. Additional enhancements include $34,000 in new landscape lighting, irrigation, plantings, and grounds improvements, updated pool equipment, repaired fire sprinklers, an upgraded whole-home television system, and fresh paint. Outside, the home continues to impress with a spacious paver driveway, a five-car + garage, and a private courtyard designed for relaxation and entertaining. The attached casita, complete with its own bedroom and bathroom, offers incredible flexibility as a guest retreat, home office, or private studio. This extraordinary property masterfully blends elegance, comfort, and modern convenience--an exceptional opportunity to own a true desert dream.
No exterior & parking available.
Grades PK-6 • 7.0 mi
Grades 6-8 • 9.7 mi
Grades 9-12 • 7.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,216 | 2,608.685 |
| Lot Size | 33,400 | 10,404.073 |
| Price | $2.73M | $1.16M |
| Price per sq ft | $522 | $444 |
| Built year | 2009 | 1993 |
| HOA | $394 | $293 |
| Days on market | 73 | 82 |
Aug 12, 2026
$2,725,000
Initial Listing