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$2,175,000

Beds
3
Baths
3.0
sq ft
2,370

11199 East Prospect Point Drive, Scottsdale, AZ 85262

11199 East Prospect Point Drive

Scottsdale, AZ 85262

  • 15 days on market
Welcome to Apache Cottage 50 in Desert Mountain! Situated on a private lot adjacent to approximately 2 acres of open space providing views of surrounding mountains, sunsets, and night lights! This stunning home offers the perfect blend of comfort, style, and convenience. With three spacious bedrooms and three well-appointed bathrooms including spa like master bath, this cottage provides ample space for both relaxation and privacy. The extensive remodel has transformed this property into a modern sanctuary. Every detail has been considered, resulting in a truly remarkable living space. Spanning 2,370 sqft, this single-level, split floor plan boasts an open and airy layout, creating a seamless flow between rooms and inviting plenty of natural light throughout. The centrally located position in Desert Mountain offers breathtaking views from your backyard with sun lounging space and spa. Close proximity to Apache Cottage owners pool when guests visit for additional fun without the maintenance. Whether you're seeking a year-round residence or a lock-and-leave retreat, this modern abode provides the ultimate backdrop for the sublime Arizona lifestyle. Plus, with access to Desert Mountain's array of amenities including 7 golf courses, 7 clubhouses, and 20 miles of private hiking trails, every day promises a new adventure in casual luxury. Experience the epitome of desert living in this exceptional Desert Mountain retreat. No membership to The Desert Mountain Club is included with this property.

Details

Property type

Townhouse

Est. home value

$1,390,360

Lot size

9,790 sq ft

Price per sq ft

$918

Year built

1999

Annual property taxes

$4,600

HOA fee

$3,225

Price History

02/07/2025
ArizonaRegional

ArizonaRegional #6816952

Listed
$2,175,000
+50.52%
05/17/2022
ArizonaRegional

ArizonaRegional #6373421

Sold
$1,445,000

Schools & Community

Neighborhood: 

Pinnacle Peak

Elementary school: 

Black Mountain Elementary School

Middle school: 

Sonoran Trails Middle School

High school: 

Cactus Shadows High School

Community features: 

Gated, Golf, Tennis Court(s), Playground, Clubhouse, Fitness Center, Pool, Sidewalks

High school district: 

Cave Creek Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,264,331
Asking price
$2,175,000
Closing costs (~8% of asking)
-$174,000
Est. remaining loan balance
-$736,669
Cash to seller
$1,264,331

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

City National Bank

Loan start date

August 2022

Original loan amount

$762,000

Est. remaining balance

$736,669

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Bluff Creek New Co Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 3:25 AM

Listing updated: 02/07/2025 at 8:11 AM

Listed by: Daniel Wolski, Russ Lyon Sotheby's International Realty Phone #: (480) 488-2998

MLS: ArizonaRegional #6816952

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