40610 N 108TH Way, Scottsdale, AZ 85262, Scottsdale, 85262 - 3 bed, 4 bath
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Scottsdale, AZ 85262
This property presents a Strong Value Opportunity with a List Price of $2,750,000—positioned well below the $2,915,718 Fair Market Value by 5%. This valuation gap offers $165,718 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers authentic Southwestern character, a private pool, and panoramic mountain views. While the interior awaits modernization, the exclusive Desert Mountain golf membership and expansive lot provide significant long-term upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40610 N 108TH Way Subject | $2,750,000* List Price | 3 | 4 | 4,023 | $725 | - |
A 10815 E Graythorn Drive Sold | $3,005,000 | 3 | 4 | 3,596 | $836 | 0.9 mi |
B 40947 N 107TH Place Pending | $2,995,000 List Price | 4 | 5 | 4,544 | $659 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1992 (32 years old) and appears to retain its original Southwestern finishes. While meticulously maintained and move-in ready, the kitchen and bathrooms are dated, featuring 1990s-era tile countertops and cabinetry. Per the criteria, its age (>20 years) and lack of recent renovations place it in the Fair category as it requires cosmetic updates to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44405, living area = 4023.
The availability of a Golf Membership in the prestigious Desert Mountain community is a significant value-add, bypassing potential waitlists for world-class amenities.
The home features timeless Southwestern details, including hand-carved doors, brick ceilings, and exposed wood beams, offering a level of craftsmanship and soul rarely found in modern builds.
Built in 1992, the home’s traditional finishes like terracotta tile and hand-painted accents may feel dated to buyers seeking a more contemporary luxury aesthetic.
The association fee of $2,038 represents a substantial recurring expense, which may be a deterrent for some buyers when combined with the maintenance of a 30-year-old estate.
GOLF MEMBERSHIP AVAILABLE! Located in Desert Mountain, this authentic Southwestern home offers private courtyard living, mountain views, and timeless architectural detail throughout. Entry begins through a wooden arched gate leading to a tranquil courtyard with pool, creating a true indoor outdoor lifestyle. Tall hand carved front doors open to a large picture window framing the surrounding mountains. Interior features include terracotta tile flooring, exposed wood beams, brick ceilings, hand painted tile, custom wood doors, and arched hallways. The home offers six fireplaces, custom built ins, and multiple living spaces designed for comfort and character. The kitchen is spacious and well designed, offering an open feel while maintaining a sense of intimacy, ideal for everyday living and entertaining. Expansive western exposure provides sweeping desert views and exceptional Arizona sunsets. Lovingly maintained by the same family for over 20 years, this property offers a rare combination of character, privacy, and classic Southwestern design within Desert Mountain.
No exterior & parking available.
Grades PK-6 • 7.7 mi
Grades 6-8 • 10.7 mi
Grades 9-12 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 4,023 | 3,567 | 66% |
| Lot Size | 44,405 | 35,937 | 66% |
| Price | $2.75M | $0 | 86% |
| Price per sq ft | $684 | $0 | 89% |
| Built year | 1992 | 2003 | 1% |
| HOA | $2038 | $300 | 96% |
| Days on market | 53 | 2161 | 1% |
Apr 22, 2026
$2,750,000
Initial Listing