Asteria Highlands Homes For Sale In Scottsdale
Asteria Highlands is a small, gated neighborhood of 31 estate homesites in far North Scottsdale, set at the southwest corner of 128th Street and Alameda Road. You’ll also see it marketed as Shadow Ridge, the name Camelot Homes uses for the community, while county records and many MLS listings carry the recorded subdivision name, Asteria Highlands. Either way, it’s the same pocket of land between the Sereno Canyon and Storyrock neighborhoods, a short drive north of the Tom’s Thumb Trailhead.
So what draws buyers here? Mostly the setting. The lots are big by North Scottsdale standards, the homes are new single-level contemporaries, and the McDowell Mountains sit right out the back windows. Plus, the city’s McDowell Sonoran Preserve is close enough that a morning hike doesn’t take much planning.
Homes and Architecture
Camelot Homes bought the 38.4-acre site in late 2020 and has built out the community as a follow-up to its White Horse and Bronco neighborhoods along Pima Road. The design language is bright and contemporary, with open great rooms, big sliding glass walls and covered patios meant for indoor-outdoor living. The first homes closed around 2024, and as of September 2026 the builder is marketing its final opportunities.
Camelot offers three single-level plans, each with options that change the finished size:
- Etalon: 4 to 6 bedrooms, roughly 4,190 to 5,408 square feet
- Cheval: 4 to 6 bedrooms, roughly 4,495 to 5,584 square feet (some builds add a detached casita)
- Cavallo: 4 to 5 bedrooms, roughly 5,932 to 6,046 square feet
Lots are the real differentiator. The city’s approved plat shows homesites of roughly three-quarters of an acre to about 1.3 acres, and recorded sales show lots from about 0.6 to 1.2 acres. Because the property is zoned under Scottsdale’s Environmentally Sensitive Lands rules, a large share of the 40 acres (about 14.7 acres) stays as natural open space over the washes, which keeps homes spaced out and the desert intact between them.
Pricing, as of September 2026: Camelot’s remaining to-be-built plans have been advertised starting around $2.94 million before options and lot premiums. Completed homes have sold for much more. A 5,741-square-foot home on 1.22 acres closed at about $4.38 million in December 2024, and a 5,476-square-foot home with a casita closed at $4.75 million in May 2026. So a practical range for this community today runs from about $3 million to $5 million, depending on plan, lot and finish level.
Market Overview
With only 31 homesites and Camelot closing out the last few, resale inventory here is thin. In most months there’s nothing listed at all, so a single sale can swing the numbers. That said, recent activity gives a useful read. The May 2026 sale listed in March at about $4.99 million and closed at $4.75 million a couple of months later, which lines up with the broader North Scottsdale luxury market, where well-priced homes sell and ambitious list prices usually adjust.
Meanwhile, buyers comparing options will find plenty of nearby alternatives, from Troon North resales to other new-build enclaves along 128th Street. As a result, pricing in Asteria Highlands tends to hinge on specifics: which lot, which plan, whether there’s a casita, and how the view lines up. Expect conditions to feel fairly balanced as of September 2026 rather than strongly favoring buyers or sellers.
Amenities and Lifestyle
Asteria Highlands doesn’t have a clubhouse or golf course of its own. Instead, the lifestyle comes from what’s around it, and there’s a lot of it within a few minutes.
Nearby outdoor and lifestyle spots:
- Tom’s Thumb Trailhead, roughly a mile south on 128th Street, a gateway to the McDowell Sonoran Preserve and its 230-plus miles of trails
- Troon North Golf Club, The Estancia Club and Mirabel, all within a short drive
- Pinnacle Peak Park for a quick summit hike close to town
- Shopping and dining at Pinnacle Peak Road and Scottsdale Road, and around Troon North
- Tonto National Forest and the Verde River area to the northeast for longer day trips
Inside the gate, the community is quiet and low-density. The streets are private, a trail runs along the 128th Street scenic corridor, and the natural open space between lots means you see desert, not rooftops. For more on the golf and resort side of the area, see our guide to Troon North homes for sale.
Schools and Location
Asteria Highlands falls within Cave Creek Unified School District. Nearby district schools include Desert Sun Academy (elementary), Sonoran Trails Middle School and Cactus Shadows High School. Attendance boundaries can change, so it’s worth confirming the assigned schools for a specific address with the district.
Location-wise, you’re in the Dynamite Foothills area of North Scottsdale, well east of Scottsdale Road. Old Town Scottsdale is roughly 20 to 22 miles away (about 35 minutes in normal traffic), and Phoenix Sky Harbor International Airport is roughly 28 to 30 miles away (about 40 to 45 minutes) via the Loop 101. Scottsdale Airport is closer for private flyers. The trade-off is simple: more space and quiet in exchange for a longer drive to the city.
Connect With The Holm Group
Asteria Highlands is small, new and tightly held, so good information matters. Whether you’re weighing a remaining Camelot build against a resale or comparing it with nearby enclaves, The Holm Group can walk you through the lots, the plans and the numbers. You can also learn more about the trail system next door on the City of Scottsdale’s McDowell Sonoran Preserve page. Reach out any time, and we’ll help you find the right fit.
| Links in this post Internal link: https://www.theholmgroupaz.com/troon-north-homes-for-sale-2 External link: https://www.scottsdaleaz.gov/preserve |
Asteria Highlands Homes For Sale
Last Updated: October 2026
Frequently Asked Questions
Where is Asteria Highlands located?
Asteria Highlands sits at the southwest corner of 128th Street and Alameda Road in North Scottsdale (ZIP 85255), between the Sereno Canyon and Storyrock neighborhoods. Tom's Thumb Trailhead is roughly a mile south, and Troon North and Pinnacle Peak are a short drive west.
What types of homes are available in Asteria Highlands?
Every home is a single-family, single-level contemporary built by Camelot Homes. Plans (Etalon, Cheval and Cavallo) run from about 4,190 to just over 6,000 square feet with four to six bedrooms, and some include a detached casita.
How much do homes in Asteria Highlands typically cost?
Home prices in Asteria Highlands vary considerably depending on plan, lot, views and finish level. As of September 2026, homes typically range from approximately $3 million to $5 million, with to-be-built plans advertised from about $2.94 million before options and completed homes selling between roughly $4.4 million and $4.75 million. Larger finished homes on the biggest lots can reach or exceed $5 million.
Does Asteria Highlands have an HOA?
Yes. The community has its own homeowners association (listed under the Shadow Ridge name), which generally covers the gate, private streets and common open-space tracts. It also enforces design and use rules, including restrictions on visible trucks, trailers, RVs and boats, so review the CC&Rs before you buy.
Is Asteria Highlands gated?
Yes. The entire community is gated, with vehicle access off 128th Street through a private street tract.
What amenities does Asteria Highlands offer?
The community itself is intentionally simple: a gate, private streets, a trail along the 128th Street scenic corridor and about 14.7 acres of preserved natural desert. The bigger draws are nearby, including the McDowell Sonoran Preserve at Tom's Thumb, plus Troon North, Estancia and Mirabel for golf.
What schools serve Asteria Highlands?
The community is served by Cave Creek Unified School District. Nearby schools include Desert Sun Academy, Sonoran Trails Middle School and Cactus Shadows High School. Confirm current boundaries with the district for any specific address.
How far is Asteria Highlands from Old Town Scottsdale and Phoenix Sky Harbor Airport?
Old Town Scottsdale is roughly 20 to 22 miles away, usually about 35 minutes by car. Phoenix Sky Harbor International Airport is roughly 28 to 30 miles away, typically about 40 to 45 minutes via the Loop 101, depending on traffic.
What should buyers know before buying a home in Asteria Highlands?
Lot size and orientation drive value here more than almost anything else, since homesites range from about 0.6 to 1.3 acres and view lines toward the McDowells differ from lot to lot. Homes along 128th Street sit behind a 100-foot scenic corridor, while interior lots can back onto natural wash tracts that can't be built on, which affects privacy and usable yard space. Also compare a finished resale against a to-be-built Camelot plan, since options, casitas and lot premiums can move the final price by well over a million dollars. Finally, read the HOA rules on vehicles and design changes, and confirm the builder warranty transfers if you're buying a nearly new home.
How can I find homes for sale in Asteria Highlands?
Use the View Listings search on this page to see anything currently on the market, and note that some listings appear under the Shadow Ridge name. Because inventory is so limited, contact The Holm Group to hear about upcoming resales and remaining builder homes.
Is Asteria Highlands the same as Shadow Ridge?
Yes. Asteria Highlands is the recorded subdivision name approved by the City of Scottsdale, and Shadow Ridge is the name Camelot Homes uses in its marketing. Other Arizona neighborhoods also use the Shadow Ridge name, so when you search, look for addresses on North 126th Place and North 127th Way in ZIP 85255.
How does Asteria Highlands compare with Troon North?
Troon North is a much larger master-planned area with two golf courses, a resort and a wide range of home types and ages. Asteria Highlands is a single 31-home enclave of new contemporary builds with no golf on site, so it trades amenities and variety for newer construction, larger lots and a quieter setting.
