
Scottsdale, AZ 85255
This Luxury Condominium represents a Strong Value Opportunity, listed at $2,225,000—positioned well below the $2,258,289 Fair Market Value by 1.47%. This valuation gap offers $33,289 in Instant Equity. Featuring an Excellent Condition Rating for its 2027 completion, the residence includes Snaidero cabinetry, Sub-Zero & Wolf appliances, and panoramic mountain views. With resort-style amenities like a rooftop pool and golf simulator, this property is an ideal acquisition for Luxury Homebuyers or Sophisticated Investors seeking a premium, turnkey lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7230 E Mayo Boulevard 8014 Subject | $2,225,000* List Price | 2 | 3 | 2,053 | $1,100 | - |
A 7230 E Mayo Boulevard 7015 Active | $2,328,000 List Price | 2 | 3 | 2,046 | $1,138 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New luxury construction with a 2027 completion date. Features high-end designer kitchen with Sub-Zero and Wolf appliances, Snaidero cabinetry, and brand-new systems in mint condition.
This penthouse-level residence features premium Snaidero cabinetry, Sub-Zero and Wolf appliances, and 10-foot ceilings, offering a sophisticated and modern living experience.
Residents have access to an extensive suite of resort-style facilities, including a rooftop pool, fitness center, pickleball courts, a golf simulator, and signature vertical gardens.
Located in North Scottsdale near high-end dining and the Loop 101, the 8th-floor unit provides stunning panoramic Valley and mountain views from floor-to-ceiling windows.
The monthly association fee of $1,738 is significant, which may be a deterrent for buyers sensitive to high ongoing ownership expenses.
With a completion date set for Spring/Summer 2027, buyers face a long wait before occupancy and potential exposure to market fluctuations during the construction period.
Now Selling: Optima McDowell Mountain, North Scottsdale's newest luxury condominium community, delivering Spring/Summer 2027. This penthouse-level residence offers 2 bedrooms, 2.5 baths, ~2,053 SF of interior living space and a 228 SF private terrace. Located on the 8th floor with 10' ceilings, the home features a southeast-facing terrace for beautiful sunrise views, while the great room captures sweeping panoramic views from east to west across the Valley. Interiors include floor-to-ceiling windows, Snaidero cabinetry, and a designer kitchen with Sub-Zero & Wolf appliances. Enjoy Optima's signature vertical garden terraces and world-class amenities including rooftop pool, fitness center, pickleball, golf simulator & more. Ideally located near Whole Foods, Buck & Rider & Loop 101.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,053 | 1,456 | 77% |
| Lot Size | 343,439 | 1,048.5 | 95% |
| Price | $2.23M | $460.0K | 95% |
| Price per sq ft | $1.1K | $378 | 95% |
| Built year | 2027 | 2003 | 95% |
| HOA | $1738 | $312 | 95% |
| Days on market | 38 | 2172 | 5% |
May 12, 2026
$2,225,000
Initial Listing