$550,000
SOLD JUN 13, 2025

11767 E Four Peaks Rd Unit 88 Scottsdale, AZ 85262

Dynamite Foothills Neighborhood
1.4 Acres
$392,857 Price per Acre
60,984 Sq Ft Lot

Recently Sold

2% Below List Price

32 Days on Market

Highlights

  • Gated Community
  • 1.4 Acre Lot
  • Corner Lot
  • Sonoran Trails Middle School Rated A-
  • Mountain View
  • Cul-De-Sac

About This Lot

As of June 2025

WOW!! What a fabulous opportunity to own and build your personalized masterpiece in the prestigious North Scottsdale 85262 zip code. This stunning private elevated cul-de-sac parcel boasts approximately 1.4 acres of pristine desert with natural area open space. It's your canvas to create your new home in the resort-style premier gated enclave community of Desert Summit. The ultra-private, end of the road, cul-de-sac lot is the pinnacle of spacious, luxury desert living. It offers exclusive, unparalleled and unobstructed views of Pinnacle Peak, Troon Mountain, the McDowell range, and the famous Weavers Needle in the distant Superstitions. Beyond your newly built doors, enjoy the best of North Scottsdale-renowned golf courses, upscale dining, and an abundance of scenic groomed hiking trails and mountain biking just minutes away. The Four Seasons Resort/Spa, Troon North Golf Club, Scottsdale National Golf Club, and much more is close-by!!! This property is a spectacular find and an exceptional value as the utilities are already on property; City of Scottsdale services, water, APS electric, SW natural gas, city sewer and cable TV/Internet available. Drive by anytime and view this premier elevated lot from 118th Street without a gate code into the community. Signage on lot #88. Don't miss your chance to experience this rare prime Scottsdale real estate gem that epitomizes luxury living with breathtaking sunrises, sunsets, and mountain views. Dream about magical evenings entertaining friends and family while quail coveys leisurely wander by...Cul-de-sac locked gate in photos/video is for Scottsdale Fire Dept access only, not for residential ingress/egress. Fire hydrant is located just outside FD gate at curb on 118th Street.

Last Agent to Sell the Property

Jo Ann Dean

HomeSmart License #SA510467000 Listed on: 02/11/2025

HomeSmart

Last Buyer's Agent

Gina Pizzitola

The Ave Collective License #BR688779000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,655

Lot Details

  • 1.4 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Property is zoned R1-70ESL/Single

HOA Fees

  • $110 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 216-79-189

Community Details

Overview

  • Cornerstone Properti Association, Phone Number (602) 433-0331
  • Desert Summit Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,655

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Cross Street: Alma School Rd / Jomax Road
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R1-70ESL/Single
  • Tax Year: 2024
  • Directions: Alma School Rd to Jomax, right to Desert Summit Gate, east on Cavedale to E. Four Peaks, go east to end of the cul de sac. View from the lot from 118th St., no gate code required.
  • Horses: No
  • Lot Size Acres: 1.4
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: DESERT SUMMIT
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Corner Lot, Gated Community
  • View: Mountain(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association Info Assessed Balance: 1.0
  • Association Info Assessed Years Left: 1
  • Annual HOA Fees: 330.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602-433-0331
  • HOA Transfer Fee: 300.0
  • Association Fee: 330.0
  • Association Fee Frequency: Quarterly
  • Association Name: Cornerstone Properti
  • Phone: 602-433-0331
  • Association: Yes

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 60675.0
  • Additional Parcels: No
  • Parcel #: 216-79-189

Tax Info

  • Tax Annual Amount: 1655.0
  • Tax Book Number: 216.00
  • Tax Lot: 88
  • Tax Map Number: 79.00
  • Tax Other Annual Assessment Amount: 1.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Jun 10, 2025
Sold by
Runo Dennis and Aler Family Trust
Bought by
Lyon Development Partners Llc
Seller's Agent
Jo Ann Dean
HomeSmart
Buyer's Agent
Gina Pizzitola
The Ave Collective
List Price
$560,000
Sold Price
$550,000
Premium/Discount to List
-$10,000
-1.79%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.31%
Original Mortgage
$0
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2024
Sold by
Runo Dennis
Bought by
Aler Family Trust

Purchase Details

Closed on
May 13, 2024
Sold by
Aler Family Trust and Runo Sheryl
Bought by
Runo Dennis

Purchase Details

Closed on
Mar 12, 2013
Sold by
Brown Bernard F and Stedman Brown Gloria J
Bought by
Runo Dennis and Runo Sheryl

Purchase Details

Closed on
Mar 16, 2006
Sold by
Brown Bernard and Brown Gloria
Bought by
Brown Bernard F and Stedman Brown Gloria J

Purchase Details

Closed on
Dec 24, 2002
Sold by
Dsa Ii Inc
Bought by
Brown Bernard and Brown Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Pioneer Title Agency
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Cash Sale Deed $225,000 Fidelity National Title Agen
Interfamily Deed Transfer -- None Available
Warranty Deed $230,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $161,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $550,000 -1.8% --
02/11/2025 02/11/25 For Sale $560,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,655 $30,055 $30,055 --
2024 $1,583 $28,624 $28,624 --
2023 $1,583 $59,385 $59,385 $0
2022 $1,525 $46,920 $46,920 $0
2021 $1,656 $47,940 $47,940 $0
2020 $1,627 $45,165 $45,165 $0
2019 $1,578 $37,410 $37,410 $0
2018 $1,535 $35,280 $35,280 $0
2017 $1,478 $40,860 $40,860 $0
2016 $1,471 $33,945 $33,945 $0
2015 $1,484 $35,232 $35,232 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6818223

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-79-189