7470 E CAMINO RAYO DE LUZ --, Scottsdale, AZ 85266, Scottsdale, 85266 - 3 bed, 4 bath
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Scottsdale, AZ 85266
This Renovated North Scottsdale Desert Retreat is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,412,498 Fair Market Value by 8%. This valuation gap secures $113,498 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a gourmet chef’s kitchen with Wolf and Sub-Zero appliances and stunning boulder formation views. Located near top-rated schools like Lone Mountain Elementary, it perfectly balances luxury lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants or Luxury Home Seekers looking to build immediate wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7470 E CAMINO RAYO DE LUZ -- Subject | $1,299,000* List Price | 3 | 4 | 3,265 | $433 | - |
A 7539 E CAMINO SALIDA DEL SOL -- Sold | $1,487,500 | 3 | 4 | 3,265 | $456 | 0.2 mi |
B 33667 N 71ST Way Sold | $1,275,000 | 4 | 3 | 2,624 | $486 | 0.6 mi |
C 33726 N 71ST Way Sold | $1,275,000 | 3 | 4 | 2,655 | $480 | 0.6 mi |
D 7532 E CAMINO PUESTA DEL SOL -- Active Under Contract | $1,295,000 List Price | 3 | 4 | 3,386 | $382 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 2004, this property has undergone extensive recent renovations that meet the highest quality standards. The chef's kitchen is fully modernized with premium Wolf and Sub-Zero appliances, a large island with contemporary stone surfaces, and a stylish brick accent wall. The home features consistent modern wide-plank flooring, updated designer light fixtures, and contemporary finishes in the living areas and bedrooms. The overall aesthetic is fresh and move-in ready with no signs of deferred maintenance, qualifying it for an excellent rating due to the depth of the recent updates.
The kitchen serves as a high-end centerpiece featuring premium Wolf and Sub-Zero appliances, a massive island, and a vented hood, perfect for luxury entertaining.
Situated in a private gated community near world-class golf clubs, the property offers a tranquil desert retreat with iconic boulder views and stunning sunset vistas.
The layout includes three full en-suite bedrooms plus a dedicated den/office, providing an ideal balance of privacy for guests and functional space for remote work.
The monthly association fee of $349 adds a notable recurring carrying cost that may be a consideration for some prospective buyers.
With a 2004 build date, the home is reaching a point where original mechanical systems and structural components may require inspection or upcoming capital investment.
The private gated community of Las Piedras at Sevano Village is ideally positioned near Whisper Rock Golf Club and The Boulders Golf Club and offers convenient access to exceptional dining and shopping while providing the tranquility of a desert retreat. This beautifully updated home has a thoughtfully designed floor plan which features 3 spacious en-suite bedrooms, a half bath for guests, and a large den/office perfect for working from home or media/game room. The home offers both a grand great room and a separate family room with a cozy fireplace, creating multiple areas for entertaining and everyday comfort. The chef's kitchen is the heart of the home, complete with a massive island, Wolf gas cook top with vented hood and built-in Sub-Zero refrigerator ideal for hosting gatherings or preparing gourmet meals. Extensive updates throughout the home provide a fresh, modern feel while maintaining warm desert character. Outdoor living is equally inviting, featuring a private courtyard for peaceful mornings and a covered back patio perfectly positioned to capture stunning views of the iconic boulder formations or the colorful sunsets. This home seamlessly blends indoor comfort with Arizona's beautiful outdoor lifestyle. Experience privacy, elegance, and a prime North Scottsdale location in one exceptional property.
No exterior & parking available.
Grades PK-6 • 2.1 mi
Grades K-6 • 3.1 mi
Grades 6-8 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 3,265 | 3,166 | 52% |
| Lot Size | 9,453 | 26,509 | 29% |
| Price | $1.30M | $1.03M | 61% |
| Price per sq ft | $398 | $393 | 50% |
| Built year | 2004 | 1999 | 79% |
| HOA | $349 | $297 | 62% |
| Days on market | 44 | 2562 | 1% |
Mar 9, 2026
$1,299,000
Initial Listing