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7230 E Mayo Boulevard #5006, Scottsdale, AZ, 85255

3beds
3baths
1,781sqft
$1,650,000
$926price/sqft
$9,432/moest. monthly cost
$377,280/yrincome needed

About This Home

Now Selling: Optima McDowell Mountain, a new luxury condo community in North Scottsdale delivering Spring/Summer 2027. This 22-acre development offers 75% open space, six 8-story buildings, and a 10-acre central landscaped park with walking path and a putting green. One-, two- and three-bedroom homes range from ~729 to 2,218 SF. Interiors feature floor-to-ceiling windows, designer kitchens with JennAir or Wolf/Sub-Zero appliances, and private terraces, lush vertical gardens. Amenities include a rooftop pool, spa & cold plunge, rooftop track, fitness center, yoga & Pilates studios, pickleball, golf simulator, party room, pet spa, and more. Walk to Whole Foods, Buck & Rider, and restaurants and shops. 101 access. Live the ultimate modern desert lifestyle at Optima McDowell Mountain

Getting Around

46
WalkingCar-Dependent
36
TransitSome Transit
63
BikeBikeable

Schools

10/10
7/10
Horizon High SchoolGrades 7-123.0 mi
7/10

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2027

Materials

  • Roof: Concrete
  • Construction materials: Steel Frame

Other

  • Builder name: Optima Inc.

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Electric Cooktop,Built-In Electric Oven

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • High Speed Internet,Double Vanity,Kitchen Island,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Low Emissivity Windows,Double Pane Windows,Tinted Windows
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: HVAC SEER Rating

Interior Area

  • Total structure area: 1,781
  • Total interior livable area: 1,781 sqft

Property

Details

  • Parcel number: 21505433
  • Attached to another structure: Yes

Features

  • Stories: 8
  • Exterior features: Balcony
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: None

Lot

  • Lot size: 7.88 Acres
  • Features: None

Parking

  • Total spaces: 2
  • Parking features: Assigned
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail
Wildfire

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,343$100,116
Home Insurance $268$3,216
Property Taxes $605$7,260
Electricity $216$2,603
Total$9,432$113,184

Income You'd Need if You Spent...

35% on housing$323,382/yr
40% on housing$282,960/yr
45% on housing$251,520/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$926This listing

vs Other Active Listings

Avg $/sqft

ZIP 85255$605
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85255$520
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-29Listed for sale$1,650,000

New Construction Spec

AgentAdam Johnson
BrokeragePolaris Pacific of AZ

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