
Scottsdale, AZ 85262
This Luxury Custom New Construction Estate is listed at $4,000,000, representing a stable investment in the prestigious Desert Mountain community near its $3,861,833 Fair Market Value. As a To-Be-Built project with a Pristine New Construction Rating, the property includes approved plans for a 4,500-square-foot residence featuring breathtaking mountain views, a private pool, and a spa. Situated on a 1.16-acre cul-de-sac lot within the top-rated Black Mountain Elementary district, this homesite offers unparalleled privacy and modern design. It is an elite acquisition for Luxury Lifestyle Seekers or Custom Home Visionaries.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39221 N 104th Place Subject | $4,000,000* List Price | 3 | 4 | 4,500 | $858 | - |
A 39903 N 98TH Way Sold | $3,150,000 | 4 | 5 | 4,332 | $727 | 0.9 mi |
B 39253 N 104TH Place Active | $4,488,000 List Price | 4 | 5 | 4,450 | $1,009 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 'To Be Built' luxury custom home with a projected completion in 2026. As a new construction project with approved plans, all components, including the kitchen, bathrooms, and major systems, will be brand new and meet the highest modern quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50660, living area = 4500.
Situated on a 1.16-acre lot in the prestigious Grey Fox community, this property offers a generous 22,010-square-foot building envelope and exceptional privacy within a secure, world-class desert environment.
The property includes approved plans for a 4,500-square-foot residence, significantly reducing the lead time and complexity typically associated with custom luxury construction in Scottsdale.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =50660, other record lot size in square feet = 15000.
A significant drawback for this specific lot is that no Desert Mountain Club membership is available, limiting the owner's access to the community's private golf courses, dining, and spa facilities.
As a 'To Be Built' project with a projected 2026 completion, this property is not suitable for buyers seeking immediate occupancy or those unwilling to navigate the construction process.
*TO BE BUILT Approved Plans Available - Enjoy one of the most impressive vantage points in Desert Mountain's Lower Villages and create the custom home you've always envisioned in the sought-after Grey Fox community. This expansive 1.16-acre cul-de-sac lot offers exceptional privacy, with a total lot size of 65,935 square feet and a generous 22,010-square-foot building envelope, providing ample space for a thoughtfully designed residence. Located within the prestigious, member-owned Desert Mountain Club, the property offers access to an unparalleled lifestyle featuring seven Jack Nicklaus Signature golf courses, including the celebrated No. 7 par-54 course, along with nine dining options, a full-service spa and fitness center, a premier tennis complex, and over 25 miles of private hiking trails. Set within a secure, world-class desert community, this homesite presents a rare opportunity to enjoy luxury desert living. No membership is available with this property.
No exterior & parking available.
Grades PK-6 • 6.7 mi
Grades 6-8 • 9.6 mi
Grades 9-12 • 6.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 34% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 4,500 | 3,626 | 78% |
| Lot Size | 50,660 | 37,862 | 83% |
| Price | $4.00M | $0 | 92% |
| Price per sq ft | $889 | $0 | 93% |
| Built year | 2026 | 2004 | 99% |
| HOA | $1674 | $300 | 92% |
| Days on market | 59 | 1998 | 1% |
Feb 22, 2026
$4,000,000
Initial Listing
Jun 22, 1994
$325,000
Public Record