
Scottsdale, AZ 85255
This McDowell Mountain Ranch Single Family Residence is a Strong Value Opportunity, listed at $1,225,000—positioned well below the $1,264,460 Fair Market Value by 3%. This valuation gap offers $39,460 in Instant Equity. Featuring a Fair Condition Rating with original 1997 finishes, the home provides a versatile layout with a main-level bedroom and mountain views. Located near top-rated schools like Desert Canyon Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10304 E ROSEMARY Lane Subject | $1,225,000* List Price | 5 | 4 | 3,462 | $365 | - |
A 16467 N 109TH Way Sold | $885,000 List Price | 3 | 4 | 3,297 | 0.9 mi | |
B 16774 N 108TH Way Sold | $1,350,000 List Price | 4 | 3 | 2,994 | 0.7 mi | |
C 10304 E ACACIA Drive Sold | $1,150,000 | 4 | 3 | 2,770 | $415 | 0.1 mi |
D 10255 E ACACIA Drive Sold | $957,130 | 3 | 2 | 2,212 | $433 | 0.1 mi |
E 16332 N 108TH Way Active | $1,395,000 List Price | 5 | 3 | 3,248 | $429 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, the property is approximately 29 years old. While it appears well-maintained and move-in ready with some flooring updates, the kitchen features dated honey-oak cabinetry and older tile work consistent with its original construction. Per the criteria, homes over 20 years with dated finishes are rated as fair.
Elementary School: Anasazi Elementary School (9/10).
Situated in the highly desirable McDowell Mountain Ranch, the property offers immediate access to premium amenities including community pools, parks, hiking trails, and the local library.
The home is located just 0.6 miles from top-rated educational institutions like Desert Canyon Elementary (9/10) and Middle School (8/10), making it a premier choice for families.
Built in 1997, the property may require significant cosmetic or mechanical updates to meet the contemporary luxury standards expected at this price point in Scottsdale.
The combination of recurring association fees and the maintenance requirements of a nearly 10,000 sqft lot adds to the long-term cost of ownership.
Fabulous 5bd McDowell Mtn Ranch home,85255. This expansive floorplan features large eat-in kitchen that opens into the family room, overlooking the backyard. Main level includes formal living/dining area, kitchen, family rm, bath, laundry, and is completed with a bedroom perfect for guests. Upstairs features 3 bedrooms and a master suite with spacious master bath and an additional full bath. Close to everything MMR has to offer: pools, parks, hiking, Desert Canyon school and library.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 3.8 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 3,462 | 3,012.5 | 71% |
| Lot Size | 9,694 | 9,908 | 49% |
| Price | $1.23M | $855.0K | 65% |
| Price per sq ft | $354 | $408 | 42% |
| Built year | 1997 | 1997 | 50% |
| HOA | $162 | $220 | 33% |
| Days on market | 29 | 2678 | 1% |
May 21, 2026
$1,225,000
Initial Listing