For sale

Price cut: $50K (8/20)

$3,400,000

41961 N 111TH Place, Scottsdale, AZ 85262

4beds

5,045sqft

$21,359/mo

Get pre-qualified

Single Family Residence

Built in 2000

0.74 Acres Lot

$-- Zestimate^®

$674/sqft

$305/mo HOA

What's special

Covered patioExpansive windowsBuilt-in cabinetryTimeless flagstone flooringSolid core doorsBuilt-in bbqPowder bath

Enjoy elevated panoramic desert, sunset, mountain and city views from this Southwest contemporary home located at one of the highest elevations, within the guard gated community of Desert Mountain in Apache Peak, and available with a FULLY TRANSFERABLE GOLF MEMBERSHIP! The thoughtfully designed layout offers four ensuite bedrooms plus a powder bath, providing comfort and privacy for both family and guests. Throughout the home, timeless flagstone flooring, solid core doors, built-in cabinetry, and expansive windows create a warm and functional living environment. The main living spaces are filled with natural light and flow seamlessly to the covered patio, creating an ideal setting for everyday living and entertaining. The backyard offers a private desert retreat with a heated Pebble Tec pool and spa, built-in BBQ, and automated shades for year-round enjoyment. Recent improvements include a 2023 roof, multiple HVAC systems, and thoughtful updates throughout.

199 days
504
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Natural Gas

Cooling

Central Air, Ceiling Fan(s), Programmable Thmstat

Appliances

Included: Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Cooktop, Built-In Electric Oven
Laundry: Inside

Features

Pantry, High Speed Internet, Granite Counters, Double Vanity, See Remarks, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
Flooring: Carpet, Stone
Windows: Skylight(s), Double Pane Windows
Has basement: No
Number of fireplaces: 3
Fireplace features: Family Room, Master Bedroom, Gas

Interior area

Total structure area: 5,045
Total interior livable area: 5,045 sqft

Property

Parking

Total spaces: 6
Parking features: Attached, Garage Door Opener, Direct Access
Attached garage spaces: 3
Uncovered spaces: 3

Features

Stories: 1
Patio & porch: Covered, Patio
Exterior features: Private Street(s), Built-in Barbecue
Has private pool: Yes
Pool features: Outdoor Pool, Heated
Has spa: Yes
Spa features: Heated, Bath
Fencing: Block
Has view: Yes
View description: Desert, Panoramic, City Lights, Mountain(s)

Lot

Size: 0.74 Acres
Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front

Details

Parcel number: 21947221

Construction

Type & style

Home type: SingleFamily
Architectural style: Territorial/Santa Fe
Property subtype: Single Family Residence

Materials

Stucco, Wood Frame, Painted
Roof: Tile,Foam

Condition

Year built: 2000

Details

Builder name: ALEXANDER DEVLPMNT

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Green energy

Energy efficient items: Multi-Zones

Community & HOA

Community

Features: Pool, Golf, Pickleball, Gated, Community Spa, Community Spa Htd, Guarded Entry, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
Security: Fire Sprinkler System, Security System Owned, Security Guard
Subdivision: DESERT MOUNTAIN

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Street Maint
HOA fee: $1,832 semi-annually
HOA name: Desert Mtn Owners
HOA phone: 480-635-5600

Location

Region: Scottsdale

Financial & listing details

Price per square foot: $674/sqft
Tax assessed value: $1,978,100
Annual tax amount: $7,247
Date on market: 2/23/2026
Cumulative days on market: 199 days
Listing terms: Cash,Conventional,1031 Exchange,FHA
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/20/2026	Price change	$3,400,000-1.4%$674/sqft
Source: ARMLS #6988771 Report a problem
6/28/2026	Price change	$3,450,000-1.4%$684/sqft
Source: ARMLS #6988771 Report a problem
4/17/2026	Price change	$3,500,000-4.1%$694/sqft
Source: ARMLS #6988771 Report a problem
2/24/2026	Listed for sale	$3,650,000+87.2%$723/sqft
Source: ARMLS #6988771 Report a problem
1/23/2001	Sold	$1,950,000+369.9%$387/sqft
Source: ARMLS #1432201 Report a problem
11/17/1998	Sold	$415,000+3.8%$82/sqft
Source: Public Record Report a problem
2/24/1994	Sold	$400,000+5.3%$79/sqft
Source: Public Record Report a problem
9/27/1993	Sold	$380,000$75/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,744 -2%	$197,810 -3.2%
2024	$6,880 +1.7%	$204,270 +51.1%
2023	$6,763 -0.6%	$135,198 -11.9%
2022	$6,806 -7.6%	$153,410 +6.4%
2021	$7,362 +3.9%	$144,130 -0.3%
2020	$7,083 +3.4%	$144,560 +1.3%
2019	$6,852	$142,720 +9%
2018	$6,852 +4.8%	$130,880 -3.7%
2017	$6,537 +6.2%	$135,920 +6.2%
2016	$6,154 +5.4%	$127,950 +18.2%
2015	$5,841	$108,260 +24.2%
2014	--	$87,150 -2.2%
2013	--	$89,110 -4%
2012	--	$92,830 -10%
2011	--	$103,150 -34.5%
2010	--	$157,430 -10.6%
2009	--	$176,160 +9.7%
2008	--	$160,650 +8.6%
2007	--	$147,900 -10%
2006	--	$164,400
2005	--	$164,400 +20%
2004	--	$136,950
2003	--	$136,950 +22.8%
2002	--	$111,550