41346 N 111TH Street, Scottsdale, AZ 85262, Scottsdale, 85262 - 4 bed, 6 bath
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Scottsdale, AZ 85262
This Luxury Desert Mountain Residence is a Strong Value Opportunity, listed at $3,700,000—positioned well below the $3,777,413 Fair Market Value by 2%. This valuation gap offers $77,413 in Instant Equity. Featuring a Condition Rating of 3, this turnkey home includes a negative-edge pool, theater room, and sweeping mountain views. While school access is remote, the property offers an unmatched lifestyle for Luxury Homebuyers or Owner-Occupants seeking a prestigious, amenity-rich desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41346 N 111TH Street Subject | $3,700,000* List Price | 4 | 6 | 6,629 | $570 | - |
A 11105 E TAMARISK Way Active | $3,490,000 List Price | 4 | 6 | 6,496 | $537 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2010, this 16-year-old property falls within the 10-20 year range. It is exceptionally well-maintained with high-end finishes, travertine flooring, and functional luxury systems including a negative-edge pool and theater, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41765, living area = 6629.
The property features a negative-edge pool, over 1,000 sqft of covered patio, and breathtaking mountain and city light views, perfectly capturing the Arizona sunset experience.
With a dedicated theater, wine room, exercise room, and four ensuite bedrooms, the 6,629 sqft layout is masterfully designed for both high-end privacy and grand-scale entertaining.
The property carries a significant association fee of $1,831, and the desirable club memberships require additional separate investment, increasing the overall cost of ownership.
The residence is located over 8 miles from the nearest elementary, middle, and high schools, which may be a drawback for families prioritizing short daily commutes for education.
Golf Membership Available! Positioned on a premium homesite with sweeping mountain, sunset, and city light views, this expansive Desert Mountain residence offers over 6,600 square feet of thoughtfully designed living space and exceptional indoor-outdoor living. The open floor plan features four ensuite bedrooms, a dedicated study, theater room, wine room, exercise room, and a spacious loft/game room that is pre-plumbed for an additional bath. Quality finishes, generous living areas, and a highly functional layout create a home that is equally suited for everyday living and entertaining. Outdoor living takes center stage with more than 1,000 square feet of covered patio space overlooking the surrounding desert landscape. Enjoy a negative-edge pool and spa, outdoor fireplace, built-in kitchen, and multiple gath designed to capture the spectacular Arizona sunsets and sparkling city lights. Additional highlights include an oversized three-car garage with epoxy flooring and a flexible floor plan that offers privacy and comfort for family and guests alike. Located within the guard-gated community of Desert Mountain, memberships are available separately through the Desert Mountain Club, providing access to world-class golf, dining, fitness, tennis, pickleball, hiking trails, and an unmatched desert lifestyle.
No exterior & parking available.
Grades PK-6 • 8.1 mi
Grades 6-8 • 11.2 mi
Grades 9-12 • 8.3 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 | 6,629 | 3,567 | 96% |
| Lot Size | 41,765 | 37,482 | 55% |
| Price | $3.70M | $0 | 92% |
| Price per sq ft | $558 | $0 | 85% |
| Built year | 2010 | 2003 | 80% |
| HOA | $1831 | $300 | 96% |
| Days on market | 11 | 2174 | 1% |
Jun 8, 2026
$3,700,000
Initial Listing