11862 E SORREL Lane, Scottsdale, AZ 85259, Scottsdale, 85259 - 3 bed, 3 bath
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Scottsdale, AZ 85259
This High-Potential Investment Opportunity is listed at $759,900, positioned above the $677,347 Fair Market Value. While the list price exceeds the current valuation, the property offers significant long-term stability within the exclusive 24-hour guard-gated Stonegate community. Featuring a Condition Rating of 4, the home includes recent capital improvements like a 2023 HVAC and newer roof. With access to top-rated schools like Mountainside Middle, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a premier Scottsdale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11862 E SORREL Lane Subject | $759,900* List Price | 3 | 3 | 1,824 | $371 | - |
A 11843 E Sorrel Lane Sold | $722,000 | 2 | 2 | 1,616 | $447 | 0.0 mi |
B 11840 E CLINTON Street Sold | $700,000 | 3 | 2 | 1,796 | $390 | 0.7 mi |
C 11933 E BECKER Lane Active | $675,000 List Price | 3 | 2 | 1,796 | $376 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 30 years old (built 1994) and while it boasts excellent recent system updates—including a new HVAC (2023), newer roof, and 2022-2026 appliances—the interior remains dated. Visuals of the primary bath show original cabinetry, 90s-style lighting, and gold-trimmed fixtures, indicating the home needs cosmetic renovations to the kitchen and bathrooms to reach modern standards.
Located in the exclusive 24-hour guard-gated Stonegate community, offering residents access to resort-style amenities including a clubhouse, heated lap pool, spa, and extensive tennis and pickleball courts.
The property features a new HVAC (2023), a newer roof with a warranty through 2028, and updated appliances, significantly reducing the immediate need for capital expenditures.
The 1,824 sqft floor plan is highly efficient, featuring a split primary suite and a second ensuite bedroom, providing excellent privacy and accessibility for both full-time and seasonal residents.
The 5,551 sqft lot is relatively compact for the area, which may be a drawback for buyers seeking a large private backyard or space for a private swimming pool.
Built in 1994 and marketed as an 'opportunity,' the interior likely requires aesthetic updates to meet the contemporary luxury standards expected in the Scottsdale market.
Opportunity!!! Priced to sell!!! Wonderful for full time or seasonal residence. You'll love this wonderful 3bd, 2.5ba,1 level hm in Scottsdale's unique 24hr guard gated Stonegate community. Great room floor plan w/dining area. Kitchen is open to family rm area which is shown as larger dining area. Kitchen-SS appliances, island & walk-in pantry. New HVAC 2023, Newer Ky-Ko Roof w/warranty to 2/9/28, Dishwasher 2025, Microwave 2026, Maytag washer & dryer 2022. Primary bedroom ensuite is split from other bdrms. 2nd bdrm is also an ensuite + there is a half bathrm. Enjoy the resort style living with clubhouse, heated lap pool, heated spa, 7 tennis courts, 2 pickleball courts, kids' play area, basketball area & paths throughout the community. Visit clubhouse & see beautiful pool, spa & tennis.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,824 | - |
| Lot Size | 5,551 | - |
| Price | $759.9K | $1.25M |
| Price per sq ft | $417 | $475 |
| Built year | 1994 | 0 |
| HOA | $232 | $0 |
| Days on market | 2 | 2493 |
Jul 22, 2026
$759,900
Initial Listing