
Scottsdale, AZ 85260
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000—positioned well above the $984,532 Fair Market Value by -26%. Featuring a Condition Rating of 6, this original 1963 residence serves as a prime land-value Asset for those looking to build a custom estate. The expansive 44,338 sqft lot offers exceptional utility near Cochise Elementary (9/10). This is an ideal acquisition for Luxury Developers or Custom Home Builders seeking a rare, high-demand location in Scottsdale.
Property is land value only, full reconstruction required.
Built in 1963 and described as an 'original residence,' the property is over 60 years old with no major renovations cited. The listing explicitly focuses on the one-acre lot's value and the opportunity to 'build your dream estate,' signaling that the value is in the land rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44338, living area = 1596.
Elementary School: Cochise Elementary School (9/10).
Rare Acre Opportunity in the Heart of Scottsdale! Situated on approximately one acre along highly desirable Hayden Road and directly across the street from Starfire Golf Club, this original 1963 residence presents an exceptional opportunity to renovate, expand, or build your dream estate. Surrounded by luxury homes and located in one of Scottsdale's most sought-after areas, the property offers endless potential. Generous lot dimensions and a premier location create the perfect canvas for a custom residence, private compound, or investment project. Conveniently located near shopping, dining, golf, parks, Scottsdale Quarter, Kierland Commons, and Scottsdale's finest amenities. Property is being sold in its current condition. Acre parcels in this location are increasingly rare.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,596 | 2,253 | 15% |
| Lot Size | 44,338 | 10,410 | 92% |
| Price | $1.25M | $0 | 78% |
| Price per sq ft | $783 | $0 | 97% |
| Built year | 1963 | 1987 | 1% |
| HOA | $0 | $85 | 32% |
| Days on market | 8 | 2530 | 1% |
Jun 11, 2026
$1,250,000
Initial Listing