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8922 E COVEY Trail, Scottsdale, AZ, 85262

4beds
5baths
5,490sqft
$5,799,000
$1,056price/sqft
$36,792/moest. monthly cost
$1,471,680/yrincome needed

About This Home

GOLF Membership available - New build in Desert Mountain's Village of Gambel Quail Preserve Lot 215 now complete!. Spectacular combination of Black Stone Development and Graffin Design on this cutting edge contemporary home featuring everything that today's buyers are seeking! Home features 4 bedrooms, office oversized laundry room and four car garage. Ideal great room floor plan. Oversized master bedroom with spa like bath and dual closets. A chef's kitchen with all the latest in high end appliances and cutting edge finishes that spill out to the patio through walls of glass, multi slide door systems and into the outdoor living, dining, patio, pool/spa and outdoor kitchen for today's outdoor living needs. Enjoy ample storage for autos and outdoor adventures in the four car garage with additional storage closet. Views include surrounding mountains including Lone Mountain, Black Mountain, The Continentals, sunsets and Desert Mountain night lights. The location of Gambel Quail Preserve is close to the main gate for quick access to shopping and dining. Additional community amenities include golf, biking and hiking trails. The Sonoran Fitness Center (spa, pickle ball, tennis, swimming, fitness facilities and much more) is nearby.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
18
BikeSomewhat Bikeable

Schools

10/10
3/10

Construction

Condition

  • Property condition: Complete Spec Home
  • Year built: 2025

Materials

  • Roof: Foam,Metal
  • Construction materials: Stucco,Wood Frame,Painted

Other

  • Builder name: Blackstone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Built-in Microwave,Dishwasher,Disposal
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Pantry,Non-laminate Counter,Double Vanity,Master Downstairs,Kitchen Island,Full Bth Master Bdrm
  • Window features: Low Emissivity Windows,Double Pane Windows
  • Flooring: Tile
  • Number of fireplaces: 3
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,490
  • Total interior livable area: 5,490 sqft

Property

Details

  • Parcel number: 21956900

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Heated
  • Patio & porch: Covered,Patio
  • Exterior features: Built-in Barbecue
  • Has spa: Yes
  • Spa features: Heated,Private
  • Fencing: Wrought Iron
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.77 Acres
  • Features: Sprinklers In Rear,Sprinklers In Front,Desert Back,Desert Front

Parking

  • Total spaces: 4
  • Parking features: Tandem Garage,Garage Door Opener,Extended Length Garage,Direct Access
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 FloodingVery High
  • Wildfire
    WildfireVery High
  • Hail
    HailRelatively High
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Wildfire
Hail
Landslide
Strong Wind
Winter Weather

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 $29,322$351,864
Home Insurance $1,133$13,596
Property Taxes $5,756$69,072
Electricity $581$6,976
Total$36,792$441,504

Income You'd Need if You Spent...

35% on housing$1,261,440/yr
40% on housing$1,103,760/yr
45% on housing$981,120/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

$1,056This listing

vs Other Active Listings

Avg $/sqft

ZIP 85262$646
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85262$498
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
2026-03-14Price change$5,799,000
2025-01-21Price change$5,999,000
2024-06-28Price change$5,500,000
2022-05-09Listed for sale$4,950,000
2021-09-21Sold$325,000
2021-08-11Pending sale$350,000
2021-07-14Listed for sale$350,000
2012-03-10Listing removed$365,000
2012-01-11Listed for sale$365,000
2011-10-02Listing removed$365,000
2011-07-29Price change$365,000
2011-07-16Price change$400,000
2011-04-01Listed for sale$500,000
2004-12-01Sold$140,000
2003-12-03Sold$140,000
2000-06-30Sold$320,000
1998-03-20Sold$260,000

For Sale by Agent

AgentDaniel Wolski
BrokerageRuss Lyon Sotheby's International Realty

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