Currently on the market there are 11 Luxury Home Bank Owned Properties located in Scottsdale, Fountain Hills, and Paradise Valley.  The homes range from the low $900,000 upwards of $4,000,000.  Bank owned properties are excellent deals to buy but one must understand that all are sold AS IS.  Expect to come in and do work to the home, have a licensed contractor ready during inspections, and understand that these high end homes are not cheap when doing work to them.  Many of my buyers start with the pursuit of buying a bank owned luxury home but once they see what is out there they decide to look at all homes listed in their price range and features of want. Dont let a deal determine your dream home, let the Dream home determine the deal

Below are the 11 current listings on the market today, call us for a private tour and or to let us know how we can help you buy or sell your dream!

Price Tag: $915,000

Beds/Bath: 4/4.5

Size: 4,457

Windgate Ranch

Panoramic McDowell Mountain & city light views viewed atop this mountainside Tuscan estate in the Upper Canyon at Silverleaf. The residence has every feature to make your living & entertaining experiences a delight including a spacious gourmet kitchen opening to a family room & breakfast room; an expansive 2 way limestone fireplace for the living room, dining room, media room, wine room & 2 bonus rooms. Your guests will never want to leave the cozy guest casita w/ kitchenette, dining area, living room & full bed & bath. Custom details include reclaimed wood floors, custom cabinetry, Venetian plaster, natural stone floors & amazing ceiling details. Lovely outdoor spaces include covered patios, trellises, outdoor living, kitchen & dining rooms, pool & spa all w/ spectacular views.

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Price Tag: $949,900

Beds/Bath: 5/4.5

Size: 5,882

Rancho Santa Fe

HIGH DESERT HIDEAWAY. Spellbinding mountain vistas and peaceful desert serenity surround this spectacular Santa Fe style custom home. A gated pavered entry welcomes you to a Koi-pond courtyard. The foyer opens to a spectacular great room with massive peeled pole columns, vega beams, stone floors, entertainment center, fireplace and a wall of view doors that disappear into the wall. Professional kitchen has Granite counters, Alder cabinetry, Thermador, Fisher and Paykel stainless appliances and center island with veggie sink. Media room. Master suite has a romantic fireplace and spa bathroom with custom corner set tub, rain head snail shower and glass block window. Equally wonderful guest house. Negative edge pool/spa, fireplace, BBQ and spectacular mountain and city-light views.

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Price Tag: $1,000,000

Beds/Bath: 5/5.5

Size: 4,790

Ancala

Amazing views! Looking for new owners! This custom home is located in the exclusive Ancala Country Club. Enjoy the awe inspiring views overlooking the Valley.

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Price Tag: $1,023,750

Beds/Bath: 5/4.5

Size: 4,884

The Monument-Fairways@Troon North

Great location on the 6th Green of Troon North Monument Course. Beautiful views from the family room, living room, and master bedroom. 2 family rooms along with a billards/game room with your own bar. Large Gourmet kitchen with gas stove, granite and stainless steel appl with a huge island for great entertaining. Pebble tec Pool & Spa with built in Bar-b-q(as is) and outdoor fire pit! Do not miss out on this great contemporary home on the golf course!!!

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Price Tag: $1,099,999

Beds/Bath: 4/5.5

Size: 6,901

Desert Mountain

New custom home on over an acre – never lived in. Contemporary design with beautiful finishes located in cul-de-sac with fabulous golf course and mountain views. Open and light spaces with many windows, birch hardwood floors stained chocolate, carpet in bedrooms and basement. Chef’s kitchen with Ceasar stone counters, Sub Zero refrigerator, Wolf range with French Grill. Luxurious master suite with spacious bath area, huge closet, private patio. All bedrooms have walk-in closets and baths. Immense finished basement with half bath – perfect for entertainment, media, or game room. Patio overlooks golf course and mountains. Bank owned, seller will consider all offers.

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Price Tag: $1,149,900

Beds/Bath: 4/3.5

Size: 5,273

Estancia

MAGNIFICENT! In the prestigious gated community of Lascala with awe-inspiring mountain and city light views this serene estate awaits. Jaw-dropping features include soaring two-story ceilings, massive columns, clerestory windows, walls of view windows, Alder built-ins/doors/cabinetry, granites and flagstone. The island kitchen has rich Alder cabinets, granite counters, Sub-Zero fridge/freezer with cabinet fronts, Asko dishwasher, eat-at bar, desk and breakfast area. Enormous living room will WOW you with its fireplace, view windows, art niches and towering ceiling. Two master suites. His/hers walk-in closets, stone fireplaces, dual sinks and Travertine showers. Wonderful guest house has Alder cabinets, den & bathroom with dual sinks. On-site guard. As is.

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Price Tag: $1,565,000

Beds/Bath: 5/5.5

Size: 6,903

FIREROCK COUNTRY CLUB

CUSTOM HOME WITH GOLF AND MOUNTAIN VIEWS!! FORMAL LIVING, DINING, FAMILY ROOM, POOL, SPA, WATER FEATURES, COURTYARDS, PAVED DRIVE, LARGE 3 CAR GARAGE WITH WORKSHOP AREA. LOADED WITH UPGRADES. UPPER AND LOWER PATIO AREAS, FAMILY ROOM BELOW WITH A HUGE BAR AND WINE ROOM. HUGE THEATER ROOM WITH BUILT IN SNACK BAR. ALL CONTRACTS/OFFERS ARE SUBJECT TO ONEWEST SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY ONEWETST ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES.

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Price Tag: $2,175,000

Beds/Bath: 5/5

Size: 7,832

Cholla Gardens

Custom built privately gated estate surrounded by views of Mummy Mtn., Quartz Mtn. and Camelback Mtn. Estate offers both high tech systems and upgrades throughout. Sony digital surround sound, Central Lite control system. Chef’s gourmet kitchen with Wolf appliances and gas range open to spacious family room with built-in entertainment center. Luxurious master suite with two-way fireplace, master bath w/all the amenities, his and hers walk-ins. Media room, guest suite, executive office. Tropical backyard w negative edge pool, waterfall and outdoor kitchen. Travertine throughout, Berber carpet, granite, alder, Upgrades everywhere you look. Fully equipped guest house with additional 4/5 car garage/ game room. You will not be disappointed!!

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Price Tag: $3,499,000

Beds/Bath: 7/11

Size: 11,548

ANCALA North

LENDER OWNED MASTERPIECE! DO YOU WANT LUXURY, HIGH QUALITY, CITY & MOUNTAIN VIEWS AND A PALACE OF YOUR OWN? LOOK NO FURTHER. PREPARE TO BE DAZZLED-THIS STUNNING TUSCAN RETREAT IS SURE TO IMPRESS. FROM THE MOMENT YOU ENTER THE PRIVATE COURTYARD YOU WILL BE AMAZED AT THE DESIGN & GRANDURE THAT AWAITS YOU. THE ATTENTION TO DETAIL THROUGHOUT AS WELL AS THE AMENITIES IT OFFERS YOU ARE UNPARALLELED. BRILLIANT FLRPLAN INCLUDES 7 BEDRMS, 11 BTH, FORMAL LIVING & DINING, ELEGANT KITCHEN & COZY FAMILY RM W/LARGE ENTERTAINING WET BAR. OUTDOOR KITCHEN, BILLARD RM, MEDIA RM, FITNESS CENTER, OFFICE, CONFERENCE RM, 2 SHIMMERING POOLS & SPA W/GRAND CASCADING WATERFALL & 7 CAR GARAGE W/ ROOM FOR RV OR ADD’ CARS. SEPERATE GUEST QRTRS, 2 GRASSY AREA & PLENTY OF DYNAMIC ENTERTAINING AREAS. TRULY A JEWEL!

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see – Inside This Contemporary ClearWater Hills Bank Owned Mansion in the sky up for Sale in Paradise Valley!

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Price Tag: $3,650,000

Beds/Bath: 6/7.5

Size: 13,080

BILTMORE ESTATES

Formal Biltmore Estates golf course home on 1.3 acres with Camelback views. Large motor court leads to grand foyer and lavishly large living and dining rooms. The kitchen is fantastic with generous pantries and laundry. Ample private master and bath suite. Other rooms include office, library and bar room. Downstairs is a massive paneled game room, thousands of bottles holding wine cellar, bar and theater room. Large green backyard overlooking the golf course, outdoor kitchen and 2 bedroom guest house.