Priced well below recent appraisal. Rare Lifestyle / Social Membership Available. Nestled in prestigious Apache Peak Village within the highly sought-after, guard-gated golf community of Desert Mountain, this 9,004 sq ft estate offers true resort-style living at approximately 3,300 feet elevation—typically enjoying temperatures about 10 degrees cooler than the Phoenix valley below. Completely renovated and truly turnkey, the home showcases top-tier finishes and upgrades throughout. The showpiece chef's kitchen features a 60'' Thermador gas range with oven and warming drawer, additional Thermador double ovens and microwave, an oversized glass-door Sub-Zero refrigerator and freezer, two Sub-Zero ice makers (including one in the bar), Miele dishwasher, built-in Wolf coffee system, and built-in Napa wine system. A large walk-in pantry, custom alder cabinetry, granite countertops and backsplash, and an oversized granite island complete this entertainer's dream space. Expansive French doors along the back of the home open to two large resort-style patios, creating seamless indoor/outdoor living. A full outdoor kitchen includes a large Viking grill and stove, plus a Senora beverage refrigerator, ideal for al fresco dining and entertaining. Professionally landscaped grounds include all-new landscape lighting and irrigation, a refinished Pebble Sheen pool with spillover spa and glass tile, new pool equipment with IntelliTouch controls, and multiple seating and lounging areas. Outdoor living is enhanced by a dramatic see-through fireplace, electric patio blinds, and a misting system that can drop the temperature by approximately 20 degrees in minutesperfect for year-round enjoyment. The main residence offers 5 bedrooms (including two primary suitesone on the main level and a junior primary upstairs), 5 full bathrooms and 2 half baths. One oversized bedroom is currently used as a gym, and the gym equipment conveys. Additional interior highlights include: fully electric blackout shades in all 5 bedrooms and along the rear living spaces; a Control4 home automation system with touch-screen and smartphone/tablet control; an elevator to the second floor; a main-floor office with full-wall built-in shelving; a luxurious primary bath with large steam shower, Bluetooth stereo, LED lighting, and car-wash-style shower heads and mister; a large accessory closet off the primary bath; a whole-home water filtration system; and a full home security system with cameras. The property also offers an oversized 5-car garage, with the fifth bay ideal for a workshop or additional storage. Tech-forward conveniences include myQ garage door control and the ability to view all five parking spots via your smartphone. Exterior renovations include a completely redesigned front entry and rear patios, with pool decking finished in travertine. The home has been freshly painted inside and out, and the roof was resurfaced in 2025. Major systems have been significantly updated with three new water heaters and five newer HVAC systems, making this a move-in-ready, low-maintenance luxury residence. A separate 1,100 sq ft stand-alone casita provides ideal guest or multigenerational living, offering a large bedroom, two full bathrooms, full kitchen, dining area, living room, its own patio, and a rooftop observation/seating deck. The casita's yard features lush fruit trees, including plum, peach, lemon, and orange. This exceptional estate is priced below market value for Desert Mountain, with motivated sellers and an optional, highly sought-after Desert Mountain lifestyle club membership available. A must-see for buyers seeking a fully renovated, tech-savvy, resort-style home in one of Scottsdale's premier golf communities.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
