
Scottsdale, AZ 85266
This Spacious Desert Residence is a Strong Value Opportunity, listed at $1,225,000—positioned well below the $1,321,383 Fair Market Value by 7%. This valuation gap offers $96,383 in Instant Equity for incoming buyers. The property maintains a Move-In Ready Condition Rating following significant upgrades, including a new roof and fresh paint. Featuring a Resort-Style Pool, Mountain Views, and proximity to Top-Rated Schools like Black Mountain Elementary, it perfectly balances lifestyle luxury with investment logic. This is an ideal acquisition for Owner-Occupants or Value-Seeking Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5878 E Evening Glow Drive Subject | $1,225,000* List Price | 4 | 4 | 3,497 | $378 | - |
A 34048 N 59TH Way Sold | $1,180,000 | 4 | 4 | 3,451 | $342 | 0.2 mi |
B 34048 N 59TH Way Sold | $1,180,000 | 5 | 4 | 3,451 | $342 | 0.2 mi |
C 33209 N 61st Street Active | $1,125,000 List Price | 4 | 3 | 3,656 | $308 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in-ready condition with significant recent capital improvements, including a brand-new roof, fresh interior and exterior paint, and new carpeting throughout. While the kitchen and bathroom finishes—such as the travertine flooring and specific cabinetry styles—reflect the home's 2002 build date, they are high-quality and well-maintained. The major systems are functional, and the resort-style outdoor area with a pebble tec pool and rock waterfall adds to the overall quality, meeting the criteria for a well-maintained home that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15345, living area = 3497.
Situated on one of the largest lots in the enclave, the backyard features a pebble tec diving pool with a rock waterfall, an outdoor fireplace, and rare expansive lawn space with mountain views.
The property boasts a brand-new roof, fresh interior and exterior paint, and new carpeting, providing buyers with a move-in-ready home and reduced immediate capital expenditures.
Built in 2002, the interior finishes like travertine stone and specific cabinetry styles may require modernization for buyers seeking a contemporary Scottsdale aesthetic.
The combination of an oversized lawn and complex water features in a desert environment suggests higher-than-average water usage and ongoing landscaping maintenance costs.
Expansive Lot Living in Gated Los Alisos with Exceptional Outdoor Living Elevated design, expansive grounds, and recent enhancements define this distinguished residence within the gated community of Los Alisos. Spanning 3,451 square feet on one of the largest lots in the enclave, this 4-bedroom, 3.5-bath home plus private office offers exceptional scale, privacy, and refined desert living--positioned on a cul-de-sac with only one common property line and subtle mountain views capturing Arizona's vibrant sunsets. Recent improvements include a new roof, new carpet, and fresh interior and exterior paint, providing a strong foundation for comfortable, move-in-ready living. A thoughtfully designed split floor plan balances openness with intentional separation. Neutral travertine stone, slate flooring, and new carpet create a timeless, cohesive interior palette. The grand family room, anchored by a gas fireplace, flows seamlessly into a chef-inspired kitchen featuring granite countertops, custom cabinetry, built-in appliances, a walk-in pantry, and an inviting eat-in dining area--well-suited for both entertaining and everyday living. The primary suite serves as a true private retreat, complete with a light-filled sitting area, dual walk-in closets, a jetted spa tub, and an oversized dual-entry shower--delivering a refined, resort-like experience. Outdoors, the backyard reveals a pebble tec diving pool and spa with a dramatic rock waterfall, outdoor gas fireplace, multiple gathering areas, and a rare oversized lawn framed by mature desert landscaping--creating an exceptional setting for both entertaining and quiet relaxation. A polished Scottsdale residence offering space, privacy, and resort-caliber outdoor living within a premier gated setting.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 6-8 • 4.1 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 3,497 | 3,096 | 58% |
| Lot Size | 15,345 | 26,468 | 40% |
| Price | $1.23M | $980.0K | 55% |
| Price per sq ft | $350 | $377 | 45% |
| Built year | 2002 | 1999 | 68% |
| HOA | $150 | $270 | 28% |
| Days on market | 18 | 2555 | 1% |
Apr 4, 2026
$1,225,000
Initial Listing