
Scottsdale, AZ 85262
This Southwest Contemporary Residence is a Strong Value Opportunity, listed at $2,500,000—positioned well below the $2,786,302 Fair Market Value by 10%. This valuation gap offers $286,302 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers a heated pool, spa, and panoramic mountain views. Located in the prestigious Desert Mountain community, it provides an elite lifestyle for Luxury Homebuyers or Owner-Occupants seeking a move-in ready sanctuary with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39750 N 106TH Place Subject | $2,500,000* List Price | 4 | 6 | 4,893 | $569 | - |
A 40947 N 107TH Place Pending | $2,995,000 List Price | 4 | 5 | 4,544 | $659 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, this property is 24 years old but appears exceptionally well-maintained and move-in ready. While the flagstone flooring and cabinetry are original to the build date, the interior shows no signs of deferred maintenance, and the bedroom flooring appears to have been recently updated. The high-end southwest contemporary finishes and pristine exterior condition justify a 'Good' rating despite the age exceeding 20 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 52842, living area = 4893.
The availability of a Golf Membership in the prestigious Desert Mountain community provides immediate access to world-class golf, hiking trails, and clubhouses, which is a significant value-add for luxury buyers.
The property features mountain and sunset views from every room, complemented by a southwest-oriented outdoor space with a heated pool, spa, and fireplace, perfect for high-end entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With an association fee of $1,993 and a large 1.2-acre lot, the ongoing maintenance and community costs represent a significant recurring financial commitment for the owner.
While the assigned schools have good ratings, they are located between 7 and 10 miles away, which may be less convenient for families with daily commuting needs for children.
A Golf Membership is available with this classic southwest contemporary home ideal for family living & entertaining. Step into warm, thoughtfully crafted spaces boasting abundant natural light, floor to ceiling stacked stone fireplaces and desert, mountain & sunset views from every room. The Primary Suite offers privacy and tranquility while being enveloped in lavish ambiance. The office/4th bedroom has it's own private patio garden. Two private guest ensuites are upstairs along with a guest lounge, view balcony & 2nd laundry room. The outdoor living spaces boast southwest solar orientation, a heated pool & spa, fireplace, gas grill and sunset mountain views. The central location in Desert Mountain allows for quick access to multiple golf courses, clubhouses, hiking trails & walking paths.
No exterior & parking available.
Grades PK-6 • 7.2 mi
Grades 6-8 • 10.2 mi
Grades 9-12 • 7.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 6.0 | 4.0 | 93% |
| Square foot | 4,893 | 3,567 | 85% |
| Lot Size | 52,842 | 37,482 | 76% |
| Price | $2.50M | $0 | 86% |
| Price per sq ft | $511 | $0 | 84% |
| Built year | 2002 | 2003 | 49% |
| HOA | $1993 | $300 | 96% |
| Days on market | 2 | 2174 | 1% |
Jun 17, 2026
$2,500,000
Initial Listing