
Scottsdale, AZ 85260
This property presents a High-Potential Investment Opportunity with a List Price of $1,995,000—positioned well above the $1,610,718 Fair Market Value by -23%. While the current structure holds a Condition Rating of 6, the expansive 1-acre lot in a prime Scottsdale location offers significant redevelopment potential. Featuring a pool, spa, and proximity to top-rated schools like Sequoya Elementary, this asset is ideal for Custom Home Builders or Investors seeking to capitalize on the "street of dreams" market trend.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12030 N SUNDOWN Drive Subject | $1,995,000* List Price | 4 | 3 | 2,372 | $679 | - |
A 8224 E GARY Road Sold | $1,590,000 | 4 | 3 | 2,633 | $604 | 0.7 mi |
B 8224 E GARY Road Sold | $1,590,000 | 4 | 3 | 2,633 | $604 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1966 (58 years old) with no mention of renovations; the listing description focuses on the 1-acre lot value, 'custom new builds' on the street, and 'endless potential' for builders or investors, indicating the structure is likely at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 2372.
Elementary School: Sequoya Elementary School (9/10).
The rare, flat, one-acre rectangular lot offers significant space and flexibility for custom development or expansion in a highly coveted Scottsdale neighborhood.
Built in 1966, the existing 2,372 sqft structure likely requires extensive renovation or demolition to match the caliber of surrounding multi-million dollar new builds.
With a list price near $2M, the value is primarily in the land, which may limit the pool of buyers to those specifically looking for a major redevelopment project.
Sundown Dr. in Central Scottsdale is fast becoming a ''street of dreams'' with custom new builds lining this coveted street in the amazing Scottsdale Country Club/Starfire neighborhood. NO HOA, endless potential...whether you are an end user, builder or investor, this 1-acre rectangular shaped lot is a special opportunity and worth a look. Mins to Scottsdale Airport and JSX Jet service, Kierland Commons/Scottsdale Quarter, golf, hiking, walking/biking paths, 100's of fabulous restaurants, shopping and Mayo! Scottsdale School District/ multiple private schools. Don't miss your opportunity to live the Scottsdale lifestyle on Sundown Dr.!
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,372 | 2,345 | 51% |
| Lot Size | 43,560 | 10,480 | 92% |
| Price | $2.00M | $0 | 91% |
| Price per sq ft | $841 | $0 | 98% |
| Built year | 1966 | 1987 | 2% |
| HOA | $0 | $71 | 34% |
| Days on market | 15 | 2517 | 1% |
May 22, 2026
$1,995,000
Initial Listing