
Scottsdale, AZ 85255
This Modern Adobe-Style Custom Residence is a Strong Value Opportunity, listed at $1,190,000—positioned well below the $1,283,952 Fair Market Value by 7%. This valuation gap offers $93,952 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the property features panoramic mountain views, a private pool, and a nearly one-acre lot with guest house potential. Located near top-rated Pinnacle Peak Elementary and Pinnacle High School, it perfectly balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8118 E SADDLE HORN Road Subject | $1,190,000* List Price | 3 | 2 | 2,490 | $516 | - |
A 8624 E CHAMA Road Sold | $1,475,000 | 4 | 3 | 3,198 | $461 | 0.7 mi |
B 8410 E DE LA O Road Sold | $1,200,000 | 4 | 3 | 2,576 | $466 | 0.7 mi |
C 8624 E CHAMA Road Sold | $1,475,000 | 4 | 3 | 3,198 | $461 | 0.7 mi |
D 8530 E LARIAT Lane Active | $1,299,000 List Price | 4 | 3 | 3,079 | $422 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with significant recent cosmetic updates, including new interior paint and modern plank-style tile flooring. While the 1994 construction is evident in the bathrooms—which feature dated tile countertops and older cabinetry—the overall systems appear well-maintained, and the high ceilings and large windows align with modern aesthetic preferences. It meets the 'good' criteria as a well-maintained home with updated components 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 = 36879, living area = 2490.
The property is nestled against a dramatic mountain backdrop with direct access to miles of hiking and biking trails, offering exceptional privacy and natural beauty.
Situated on nearly an acre of land, the expansive lot provides significant room for future enhancements, such as a guest house or additional outdoor living structures.
With only two bathrooms for a nearly 2,500-square-foot home, the layout may be less convenient for larger families or guests compared to newer luxury builds in the area.
Originally built in 1994, the property may require future capital investment for aging mechanical systems or structural components not covered by recent cosmetic updates.
Set against a dramatic backdrop of majestic desert mountains, this exquisite modern adobe-style custom residence captures the essence of elevated desert living. Surrounded by miles of scenic hiking & biking trails, the home offers a rare blend of privacy, natural beauty & refined design. Situated on nearly an acre, the expansive homesite provides ample room for future enhancements, including the potential for a guest house or additional living spaces. Inside, soaring ceilings & walls of picturesque windows frame breathtaking desert vistas while filling the home w/natural light. Elegant plank-style tile flooring, a built-in surround sound system & thoughtfully curated upgrades t/o create a seamless balance of luxury & comfort. NEW INTERIOR PAINT, 3rd room area can be converted into 4th bdrm
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades 7-8 • 7.5 mi
Grades 9-12 • 6.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 2,490 | 2,967 | 36% |
| Lot Size | 36,879 | 9,908 | 82% |
| Price | $1.19M | $1.04M | 56% |
| Price per sq ft | $478 | $444 | 57% |
| Built year | 1994 | 1998 | 25% |
| HOA | $250 | $237 | 53% |
| Days on market | 47 | 2162 | 0% |
Mar 7, 2026
$1,190,000
Initial Listing