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For sale
  • Price cut: $50K (6/28)
    $3,450,000

    41961 N 111TH Place, Scottsdale, AZ 85262

    4beds
    5,045sqft
    : 
    $21,299/mo
    Get pre-qualified
    Single Family Residence
    Built in 2000
    0.74 Acres Lot
    $-- Zestimate®
    $684/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.
    153 days
    |
    515
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Roberts 480-232-3291,

    Russ Lyon Sotheby's International Realty

    Source: ARMLS,MLS#: 6988771MLS Logo

      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: $684/sqft
      • Tax assessed value: $1,978,100
      • Annual tax amount: $7,247
      • Date on market: 2/23/2026
      • Cumulative days on market: 153 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 85262

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Black Mountain Elementary School
        • Middle: Sonoran Trails Middle School
        • High: Cactus Shadows High School
        • District: Cave Creek Unified District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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