8329 E Montecito Avenue, Scottsdale, AZ 85251, Scottsdale, 85251 - 4 bed, 4 bath
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Scottsdale, AZ 85251
This Modern New Construction is a Strong Value Opportunity, listed at $1,800,000—positioned well below the $1,895,018 Fair Market Value by 5%. This valuation gap offers $95,018 in Instant Equity for a 2026 build. Boasting a Condition Rating of 2, the residence features a split floor plan, private office, and a resort-style backyard with a pool and spa. Located in Old Town Scottsdale, it integrates high-end finishes and EV readiness with prime urban access. This is an elite choice for luxury-seeking families or lifestyle-focused professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8329 E Montecito Avenue Subject | $1,800,000* List Price | 4 | 4 | 2,842 | $667 | - |
A 8402 E HEATHERBRAE Drive Active | $1,750,000 List Price | 4 | 3 | 2,589 | $676 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction with high-end finishes, modern data wiring, and EV readiness. As a new build, all systems (HVAC/Electric) and kitchen/baths are in mint condition with no maintenance required.
Situated in the heart of Old Town Scottsdale, this property offers unparalleled access to world-class dining, shopping, and entertainment, ensuring high desirability and long-term value.
As a 2026 new build, the home features contemporary high-end finishes, EV charger readiness, and advanced data wiring, meeting the demands of modern luxury living.
The 2,842 sq. ft. split floor plan includes a dedicated private office and seamless indoor-outdoor flow, providing a functional and sophisticated environment for both work and leisure.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2842, other record living area = 1692.
With a projected completion date at the end of 2026, buyers must navigate a significant waiting period before occupancy, which may not suit those with immediate housing needs.
The inclusion of only a 2-car garage may be seen as a limitation for a luxury property at this price point, potentially restricting storage for multi-vehicle households or hobbyists.
PROJECTED COMPLETION END OF 2026 Beautiful 2026 new build in the heart of Old Town Scottsdale where every detail has been thoughtfully designed for maximum flow and elevated living. No detail was spared with data wiring, EV charger readiness, and high end finishes throughout. This 4 bed, 3.5 bath single level home features a desirable split floor plan with seamless indoor outdoor living, plus a private office separate from the four bedrooms. The open concept kitchen, dining, and family room create a central gathering space anchored by a large island and easy flow to the covered patio, ideal for entertaining or everyday living. The primary suite is privately situated with a spacious bath and walk-in closet, while three additional bedrooms offer flexibility for guests or family. The dedicated office near the entry adds functionality for today's work from home lifestyle while maintaining privacy from the sleeping areas. Additional features include a generous pantry, laundry room, and ample storage throughout. The covered patio extends the living space outdoors, creating a comfortable setting for relaxing or hosting. Complete with a 2 car garage and a well balanced layout that offers both openness and privacy, this home delivers comfort, style, and modern convenience in one of Scottsdale's most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 4.0 | 2.0 | 88% |
| Square foot | 2,842 | 1,876 | 90% |
| Lot Size | 7,809 | 7,539.5 | 52% |
| Price | $1.80M | $649.6K | 90% |
| Price per sq ft | $633 | $390 | 83% |
| Built year | 2026 | 1960 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 2105 | 2% |
Apr 18, 2026
$1,800,000
Initial Listing