40610 N 108TH Way, Scottsdale, AZ 85262, Scottsdale, 85262 - 3 bed, 4 bath
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40610 N 108TH Way
Scottsdale, AZ 85262
ACTIVE
CONDITION: FAIR
3Beds
4Baths
4,023Sq Ft
44,405Lot Size
Property Price
LIST PRICE$2,495,000
EST. MARKET VALUE
$1,983,643
25% AboveMARKET VALUE
SUMMARY
This Authentic Southwestern Residence represents a High-Potential Investment Opportunity, listed at $2,495,000—positioned well above the $1,983,643 Fair Market Value by -25%. While the list price exceeds current market estimates, the property offers rare Golf Membership Availability in Desert Mountain and a Condition Rating of 4, providing a solid foundation for aesthetic modernization. Featuring a 44,405 sqft lot, private pool, and unobstructed mountain views, this home is an ideal acquisition for Luxury Homeowners or Value-Add Investors seeking a prestigious desert lifestyle.
Estimated Market Value
$1,983,643
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 |
|---|---|---|---|---|---|---|
★ 40610 N 108TH Way Subject 3 bd · 4 ba · 4,023 sqft · $493 | $2,495,000* List Price | 3 | 4 | 4,023 | $493 | - |
A 11336 E APACHE VISTAS Drive Sold 3 bd · 4 ba · 3,509 sqft · $598 · 0.6 mi | $2,100,000 | 3 | 4 | 3,509 | $598 | 0.6 mi |
B 39750 N 106TH Place Sold 4 bd · 6 ba · 4,893 sqft · $470 · 0.6 mi | $2,300,000 | 4 | 6 | 4,893 | $470 | 0.6 mi |
C 41915 N 111TH Place Sold 4 bd · 5 ba · 4,579 sqft · $677 · 0.9 mi | $3,100,000 | 4 | 5 | 4,579 | $677 | 0.9 mi |
D 41503 N 109TH Place Active 3 bd · 4 ba · 4,008 sqft · $499 · 0.5 mi | $1,999,900 List Price | 3 | 4 | 4,008 | $499 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1992, this 34-year-old home retains its original Southwestern architectural details. While well-maintained and move-in ready, the kitchen and bathrooms feature dated tile countertops, white sinks, and 90s-era cabinetry that lack modern updates, fitting the criteria for a property over 20 years old needing aesthetic modernization.
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 = 44405, living area = 4023.
- Golf Membership Availability
The rare opportunity to obtain a golf membership in the prestigious Desert Mountain club adds significant value and immediate lifestyle appeal for luxury buyers.
- Authentic Southwestern Architecture
The home features timeless craftsmanship including hand-carved doors, exposed wood beams, brick ceilings, and six fireplaces, offering a level of character rarely found in newer builds.
CONSRISKS & DEFICIENCIES
- Dated Construction Era
Built in 1992, the property may require significant updates to mechanical systems and interior finishes to align with modern luxury standards and energy efficiency.
- High Association Fees
The association fee of $2,038 represents a substantial recurring carrying cost that may be a deterrent for some buyers when compared to other luxury communities.
About 40610 N 108TH Way
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 perfect for large family gatherings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 44,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2038 / Month
Neighborhood Insights
Scottsdale Unified Schools
Black Mountain Elementary School
Grades PK-6 • 7.7 mi
8/10
Sonoran Trails Middle School
Grades 6-8 • 10.7 mi
6/10
Cactus Shadows High School
Grades 9-12 • 7.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,023 | 2,608.685 |
| Lot Size | 44,405 | 10,404.073 |
| Price | $2.50M | $1.16M |
| Price per sq ft | $620 | $444 |
| Built year | 1992 | 1993 |
| HOA | $2038 | $293 |
| Days on market | 52 | 82 |
Pricing History
Listed for Sale
Sep 2, 2026
$2,495,000
Initial Listing