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42143 N 108TH Place , #36

Scottsdale, AZ 85262
  • $7,000,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 6842561
UPDATED: 233 min ago
$7,000,000
  • 0
    BEDS
  • 0.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

Description

Welcome to Desert Mountain, a premier golf and outdoor recreation-based community in north Scottsdale, AZ. This lot, one of very few left in all of DM and high (+- 3,350') in one of its highest villages (indeed, in all Maricopa County), offers: southern exposure; panoramic city light, McDowell Mountain, and winter sunset views; no extraordinary construction costs; and no noise from major internal roads, Cave Creek Road, or golfers or golf course maintenance equipment. Effectively over 107,000 square feet in size due to an adjacent HOA-owned parcel. Advantageous building envelope and lot access. No immediate access to a Desert Mountain Club Full Golf Membership, available via a wait-list, with full access in the meantime to all other activities. Read ''More'' for further insights. Lost Star 36 presents a rare opportunity for a sophisticated, forward-thinking investor to secure a premium homesite in Desert Mountain, perhaps the premier community of its type in the United States. Ideal Buyer Profile: A discerning individual who: - May not be interested in golf but sees long-term value in HOA restriction protected, gated, recreational and lifestyle-oriented property. - Might represent a family office focused on generational wealth and memory-rich investments. - Understands there are many more non-golfers in the world than golfers, and that this market segment knows and appreciates that private, gated golf communities typically have real estate more valuable than non-golf course community real estate. - Understands global real estate trends, especially what happens when supply completely stops, and demand keeps growing, as is the case for this caliber of lot in Desert Mountain. - Desires to preserve and grow wealth through assets valued for lifestyle return as much as financial performance. - Is focused on high-quality U.S. real estate, particularly in scenic Arizona, and in one of its most affluent developments. - Appreciates an opportunity to build a home in an area not known for fires, hurricanes, tornadoes, earthquakes, or other natural disasters. Why Desert Mountain? Buyers will recognize Desert Mountain as superior among gated communities due to: - High elevation, clean air, and breathtaking views. - Robust community features: social, recreational, and year-round engagement. - Access to elite healthcare and private air travel. - Limited supply: no additional land to develop, meaning rising long-term value. - Optional access to a private club ranked in the top ten in the country. The most valuable homesites in Desert Mountain typically include: - Privacy (either through size or topography). - No risk of noise from road traffic, or people or equipment on golf courses - Expansive views, and no risk of losing them due to future construction. - South-facing exposure, for winter sun and panoramic views (city lights, mountain ranges, sunsets). - Buildable land with gentle slope and no construction obstacles. - One-level living potential, large building envelope. - Central, elevated location, yet close to clubhouses and gates. Lost Star 36 excels on all these fronts. Site Details: - Size: 31,260 sq. ft., north of and adjacent to a 76,110 sq. ft. undevelopable HOA parcel. - Combined Privacy Buffer: 107,370 sq. ft. (2.46 acres). - Elevation: ~3,350' ASL ideal for year-round enjoyment with cooler summers and mild winters. - Building Envelope: 18,272 sq. ft., suitable for a 6,000+ sq. ft. single-level home. - Driveway Access: Ideal NW entry point allows for functional design - visitor parking to the north, garage to NE, kitchen and family rooms to the sunny E and SE. - Protected Views: 100% protected southern views; southeast views to the McDowell Mountains are also protected: these views are over a currently undeveloped lot, but that lot is owned by a neighbor for downhill view protection and not likely to be sold separately. If it were sold separately, the views would remain unobstructed in any event due to parapet height restrictions.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Local Realty Experts | Selman and Associates. Data last updated 2025-05-13T00:13:24.933.
www.thelocalrealtyexperts.com/homes/162004839
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42143 N 108TH Place , #36 Scottsdale, AZ 85262

  • Price: $7,000,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 233 min ago
  • MLS #: 6842561
0
Beds
0
Baths
0
½ Baths
0.72
Acres
Neighborhood:
Desert Mountain
County:
Maricopa
Area:
Scottsdale
Elementary School:
Black Mountain Elementary School
Middle School:
Sonoran Trails Middle School
High School:
Cactus Shadows High School
Property Description
Welcome to Desert Mountain, a premier golf and outdoor recreation-based community in north Scottsdale, AZ. This lot, one of very few left in all of DM and high (+- 3,350') in one of its highest villages (indeed, in all Maricopa County), offers: southern exposure; panoramic city light, McDowell Mountain, and winter sunset views; no extraordinary construction costs; and no noise from major internal roads, Cave Creek Road, or golfers or golf course maintenance equipment. Effectively over 107,000 square feet in size due to an adjacent HOA-owned parcel. Advantageous building envelope and lot access. No immediate access to a Desert Mountain Club Full Golf Membership, available via a wait-list, with full access in the meantime to all other activities. Read ''More'' for further insights. Lost Star 36 presents a rare opportunity for a sophisticated, forward-thinking investor to secure a premium homesite in Desert Mountain, perhaps the premier community of its type in the United States. Ideal Buyer Profile: A discerning individual who: - May not be interested in golf but sees long-term value in HOA restriction protected, gated, recreational and lifestyle-oriented property. - Might represent a family office focused on generational wealth and memory-rich investments. - Understands there are many more non-golfers in the world than golfers, and that this market segment knows and appreciates that private, gated golf communities typically have real estate more valuable than non-golf course community real estate. - Understands global real estate trends, especially what happens when supply completely stops, and demand keeps growing, as is the case for this caliber of lot in Desert Mountain. - Desires to preserve and grow wealth through assets valued for lifestyle return as much as financial performance. - Is focused on high-quality U.S. real estate, particularly in scenic Arizona, and in one of its most affluent developments. - Appreciates an opportunity to build a home in an area not known for fires, hurricanes, tornadoes, earthquakes, or other natural disasters. Why Desert Mountain? Buyers will recognize Desert Mountain as superior among gated communities due to: - High elevation, clean air, and breathtaking views. - Robust community features: social, recreational, and year-round engagement. - Access to elite healthcare and private air travel. - Limited supply: no additional land to develop, meaning rising long-term value. - Optional access to a private club ranked in the top ten in the country. The most valuable homesites in Desert Mountain typically include: - Privacy (either through size or topography). - No risk of noise from road traffic, or people or equipment on golf courses - Expansive views, and no risk of losing them due to future construction. - South-facing exposure, for winter sun and panoramic views (city lights, mountain ranges, sunsets). - Buildable land with gentle slope and no construction obstacles. - One-level living potential, large building envelope. - Central, elevated location, yet close to clubhouses and gates. Lost Star 36 excels on all these fronts. Site Details: - Size: 31,260 sq. ft., north of and adjacent to a 76,110 sq. ft. undevelopable HOA parcel. - Combined Privacy Buffer: 107,370 sq. ft. (2.46 acres). - Elevation: ~3,350' ASL ideal for year-round enjoyment with cooler summers and mild winters. - Building Envelope: 18,272 sq. ft., suitable for a 6,000+ sq. ft. single-level home. - Driveway Access: Ideal NW entry point allows for functional design - visitor parking to the north, garage to NE, kitchen and family rooms to the sunny E and SE. - Protected Views: 100% protected southern views; southeast views to the McDowell Mountains are also protected: these views are over a currently undeveloped lot, but that lot is owned by a neighbor for downhill view protection and not likely to be sold separately. If it were sold separately, the views would remain unobstructed in any event due to parapet height restrictions.
Exterior Features

Fencing None Horse Amenities [] Horse YN No Lot Features Golf Course SubdGated CommunityGuarded EntryNorth/South Exp Other Structures None Road Responsibility Private Maintained Road Road Surface Type AsphaltPrivate StreetCurb(s) & Gutter(s) Vegetation High Desert View Mountain(s)City Light(s)PanoramicDesert

Property Features

Association Fee 123 Association Fee Frequency Monthly Association Fee2 172.5 Association Fee2 Frequency Monthly Association YN Yes Auction No Disclosures Seller Prop Disc Stm Listing Terms Cash1031 ExchangeConventional Possible Use Single Family Sewer Public Sewer Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 2530 Tax Other Annual Assessment Amount 0 Tax Year 2024 Water Source City Franchise Zoning R1-10

Arizona Regional MLS logo Listing provided by RE/MAX Fine Properties: 602-558-5200 .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Local Realty Experts | Selman and Associates. Data last updated 2025-05-13T00:13:24.933.
 
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