41503 N 109TH Place, Scottsdale, AZ 85262, Scottsdale, 85262 - 3 bed, 4 bath
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41503 N 109TH Place
Scottsdale, AZ 85262
ACTIVE
CONDITION: FAIR
3Beds
4Baths
4,008Sq Ft
37,373Lot Size
Property Price
LIST PRICE$1,999,900
EST. MARKET VALUE
$2,020,985
SUMMARY
This High-Potential Investment Opportunity in Desert Mountain is listed at $1,999,900—positioned well below the $2,020,985 Fair Market Value by 1%. With a Fair Condition Rating, this 4,008 sqft residence offers $21,085 in Instant Equity for buyers ready to modernize the interior. Featuring a private pool, spa, and expansive mountain views, the property provides a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prestigious lifestyle in a guard-gated community.
Estimated Market Value
$2,020,985
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 |
|---|---|---|---|---|---|---|
★ 41503 N 109TH Place Subject | $1,999,900* List Price | 3 | 4 | 4,008 | $504 | - |
A 11336 E APACHE VISTAS Drive Sold | $2,100,000 | 3 | 4 | 3,509 | $598 | 0.7 mi |
B 40934 N 109TH Place Active | $2,295,000 List Price | 4 | 5 | 4,827 | $475 | 0.4 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 (32 years old), the property falls into the Fair category as it is over 20 years old with mostly original or older updates. While well-maintained and functional, the kitchen finishes and tile flooring are dated, and the listing description explicitly notes the opportunity for a buyer to introduce their own personal updates.
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 = 37373, living area = 4008.
- Prestigious Gated Community
Located in the exclusive guard-gated Desert Mountain community, the property offers high-end security, privacy, and a luxury lifestyle within the Sonoran Desert.
- Exceptional Outdoor Living
The home features a private heated pool, spa, and expansive wrap-around wood beam patios, perfectly designed to maximize Scottsdale’s indoor-outdoor living and mountain views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4008, other record living area = 3906.
- Dated Interior Potential
Built in 1992, the property is marketed as an opportunity for personal updates, suggesting that the interior finishes may be original and require modernizing to reach full market potential.
- High Association Fees
With an association fee of $2,047, the ongoing carrying costs are substantial, which may be a significant consideration for buyers evaluating the total cost of ownership.
About 41503 N 109TH Place
DESERT MOUNTAIN LUXURY + INCOME-PRODUCING OPPORTUNITY A rare opportunity to own a beautiful home in prestigious Desert Mountain that offers both an exceptional Scottsdale lifestyle and compelling income potential. This 3-bedroom, 4-bath residence with a private office, 3-car garage, heated pool and spa, and a private lot just shy of an acre. What makes this property especially unique? The current owner has successfully utilized the home as an Airbnb. Whether you're searching for a full-time residence, seasonal Scottsdale retreat, second home, or a property with the potential to generate income while you're away, this home offers tremendous flexibility. Enjoy everything Desert Mountain living has to offer while owning a property that can potentially work for you when you're not using it.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 37,373 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2047 / Month
Neighborhood Insights
Scottsdale Unified Schools
Black Mountain Elementary School
Grades PK-6 • 8.0 mi
8/10
Sonoran Trails Middle School
Grades 6-8 • 11.1 mi
6/10
Cactus Shadows High School
Grades 9-12 • 8.2 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 | 4,008 | 2,663.758 |
| Lot Size | 37,373 | 10,693.732 |
| Price | $2.00M | $1.16M |
| Price per sq ft | $499 | $440 |
| Built year | 1992 | 1993 |
| HOA | $2047 | $289 |
| Days on market | 27 | 84 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,999,900
Initial Listing