Listing provided courtesy of RE/MAX Fine Properties- MLS# 6842561MLS ProviderContact Information: 602-558-5200

42143 N 108TH Place #36Scottsdale, AZ 85262

Vacant Land · 0.72 Acres
$7,000,000 Active

42143 N 108TH Place #36 Overview

Time on Site:
459 days
Visits:
1

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 vie

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42143 N 108TH Place #36 Facts & Features

  • Type Vacant Land
  • Lot 0.72 Acres

Details

General

Association/HOA

  • Association Fee: $123.00
  • Association Fee 2: 172.5
  • Association Fee 2 Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Lost Star
  • Association Name 2: Desert Mountain
  • Association: true

Distance to Services

  • Distance To Electric Comments: On Property
  • Distance To Gas Comments: On Property
  • Distance To Phone Service Comments: On Property
  • Distance To Sewer Comments: On Property
  • Distance To Water Comments: On Property

School Information

  • School District: Cave Creek Unified District
  • Elementary School: Black Mountain Elementary School
  • Middle Or Junior School: Sonoran Trails Middle School
  • High School: Cactus Shadows High School

Location/Region

  • County Or Parish: Maricopa
  • Postal City: Scottsdale
  • Subdivision Name: DESERT MOUNTAIN
  • Township: 6N

Tax Information

  • Tax Annual Amount: $2,530.00
  • Tax Year: 2024

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: Cash,1031 Exchange,Conventional
  • Parcel Number: 219-47-487
  • Possible Use: Single Family
  • Property Type: Land
  • Special Listing Conditions: N/A
  • Zoning: R1-10

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS

Unit Information

  • Unit Number: 36

Exterior

Lot Information

  • Additional Parcels: false
  • Lot Features: Golf Course Subd,Gated Community,Guarded Entry,North/South Exp
  • Lot Size Acres: 0.72
  • Lot Size Area: 0.72
  • Lot Size Dimensions: 198.86 x 124.71 x 222.52 x 112.24 x 65.42
  • Lot Size Square Feet: 31260.0
  • Lot Size Units: Acres
  • Road Responsibility: Private Maintained Road
  • Road Surface Type: Asphalt,Curb(s) \u0026 Gutter(s)
  • Vegetation: High Desert
  • Water Source: City Franchise

Waterfront/View

  • View: Mountain(s),Desert,Panoramic,City Lights

General Information

  • Fencing: None
  • Horse: false
  • Other Structures: None
  • Sewer: Public Sewer

42143 N 108TH Place #36 Neighborhood

Community

85262 (Scottsdale) Demographics

61
Median Age
100
Population Density (per sq. mile)
68%
College Educated
$138,924
Estimated Median Income
5,623
Estimated Total Home Owners
411
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

42143 N 108TH Place #36 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

42143 N 108TH Place #36 Market Data

Based on the last 30 days in this zip code

$2,926,118
Average List Price
$690
Average Price per Square Foot
44
Properties Sold
157
Average Days on Market
395
Properties for Sale
Calculations provided by Reliance Network

42143 N 108TH Place #36 History

Date Event Value Agent
3/28/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
March 28, 2025