
Scottsdale, AZ 85251
This Ultra-Luxury Custom Estate is a High-Potential Investment Opportunity, listed at $6,995,000—positioned below the $7,136,189 Fair Market Value by 2%. This valuation provides $141,189 in Instant Equity for a Move-in Ready sanctuary. Built in 2023 by Cullum Homes, the property holds a Pristine Condition Rating and features a detached guest casita, Lutron lighting, and sweeping Camelback Mountain views. With a balcony spa and private patio, it offers a world-class resort experience. It is the premier choice for luxury lifestyle seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4863 N ASCENT Drive Subject | $6,595,000* List Price | 5 | 7 | 4,810 | $1,418 | - |
A 5145 N ASCENT Drive Active | $4,952,250 List Price | 4 | 5 | 3,538 | $1,400 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in brand-new condition with ultra-modern architectural features and high-end finishes. The kitchen and bathrooms are equipped with premium cabinetry, stone countertops, and designer gold-tone fixtures. The home includes extensive luxury upgrades such as Lutron lighting, motorized shades, and custom A/V systems, meeting the highest current quality standards.
Situated in the prestigious gated community of Ascent at The Phoenician at the base of Camelback Mountain, offering unparalleled security and proximity to luxury shopping at Fashion Square.
This 2023 Cullum Homes build features extensive high-end owner upgrades, including Lutron lighting, motorized shades, and a detached guest casita, ensuring a turnkey luxury experience.
The property boasts sweeping mountain and golf course views, complemented by a second-floor balcony spa and access to a private clubhouse with a heated pool and gym.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4810, other record living area = 4089.
With a list price of nearly $7 million for 4,810 square feet, the property commands a significant premium that may challenge appraisal values or buyer expectations in the luxury segment.
The 8,466-square-foot lot is relatively compact for a multi-million dollar estate, which may limit outdoor privacy and yard space compared to other luxury properties in the area.
One of the most coveted addresses in all of Scottsdale - Ascent at The Phoenician Estates, gated and guarded at the base of Camelback Mountain. Opportunities like this rarely surface. This Cullum Homes Stratus Custom comes with a fully detached private guest casita, 3-car garage, and sweeping golf course and mountain views. The second-floor balcony spa overlooks the Phoenician fairways. Every inch has been elevated through extensive owner upgrades: Lutron lighting, motorized shades, in-ground spa, upgraded appliances, cabinetry, countertops, specialty mirrors, decorative stonework, cove details, custom A/V, and more. 24/7 Guard Gated community, private clubhouse with heated pool, spa, gym and gathering room. Minutes to Fashion Square.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 7.0 | 2.0 | 99% |
| Square foot | 4,810 | 1,877 | 96% |
| Lot Size | 8,466 | 7,740.5 | 61% |
| Price | $6.59M | $682.5K | 99% |
| Price per sq ft | $1.4K | $403 | 99% |
| Built year | 2023 | 1960 | 98% |
| HOA | $566 | $0 | 96% |
| Days on market | 56 | 2095 | 1% |
Apr 21, 2026
$6,595,000
$6,995,000
-6% Price Drop
Initial Listing
Feb 25, 2026
$6,995,000
Initial Listing