
Scottsdale, AZ 85260
This property presents a High-Potential Investment Opportunity with a List Price of $1,555,000—positioned well below the $1,974,001 Fair Market Value by 21%. This valuation gap offers $419,001 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full interior renovation, yet the 1-acre lot and no HOA status provide immense upside for custom expansion. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build significant value in the prestigious Cactus Corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12213 N 79TH Street Subject | $1,555,000* List Price | 4 | 3 | 3,110 | $635 | - |
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 |
C 7811 E CHARTER OAK Road Active | $1,999,999 List Price | 5 | 5 | 3,743 | $534 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1982 (42 years old), the property falls into the >30y category. Interior images reveal original features such as popcorn ceilings, dated carpeting, and 1980s-style stone masonry. The listing's mention of 'endless potential' and 'timeless character' indicates the home has not been recently renovated and requires a full rehab of the kitchen, bathrooms, and likely aging systems to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45024, living area = 3110.
Situated on over an acre in the prestigious Cactus Corridor with no HOA, this property offers rare freedom for customization, including space for an RV garage, guest casita, or sports courts.
The home is ideally located minutes from premier shopping and dining hubs like Kierland Commons and Scottsdale Quarter, offering a perfect blend of privacy and urban convenience.
Built in 1982, the home's 'timeless character' and 'endless potential' suggest that significant interior updates may be necessary to meet the expectations of modern luxury buyers.
The assigned high school carries a rating of 6, which may be a drawback for families specifically seeking the highest-rated educational institutions within the Scottsdale district.
Rare Cactus Corridor opportunity on over an acre with no HOA, a cul-de-sac lot, pool, circular drive, and endless potential just minutes from Scottsdale's premier shopping, dining, and entertainment. Tucked into the sought-after Buenavante subdivision, this spacious 4-bedroom, 3-bath residence offers 3,110 square feet of timeless character, incredible flexibility, and rare massive lot. A circular driveway with generous pavers creates an impressive arrival, while the interior features generous living spaces, oversized secondary bedrooms, and a charming double-sided stone fireplace that adds warmth and architectural character. The private primary suite offers a spacious retreat with its own sitting room, creating the perfect space to unwind, work from home, or enjoy a quiet reading area Designed for Arizona indoor-outdoor living, the property features two covered patios, a sparkling pool, and an expansive backyard with endless possibilities. With over an acre and no HOA, there is room to dream big whether you envision an RV garage, pickleball court, tennis court, guest casita/ADU, expanded entertaining areas, or a custom outdoor oasis. An outdoor shed with air conditioning adds even more versatility for storage, hobbies, a workshop, or studio space. Located minutes from Kierland Commons, Scottsdale Quarter, and the newly reimagined PV area, this property offers the rare combination of space, privacy, convenience, and premier Scottsdale lifestyle. Opportunities like this in the Cactus Corridor are increasingly hard to find.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 2.6 mi
Grades 9-12 • 3.5 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 | 3,110 | 2,328 | 78% |
| Lot Size | 45,024 | 10,410 | 93% |
| Price | $1.55M | $0 | 84% |
| Price per sq ft | $500 | $0 | 82% |
| Built year | 1982 | 1987 | 17% |
| HOA | $0 | $77 | 33% |
| Days on market | 17 | 2473 | 1% |
May 20, 2026
$1,555,000
Initial Listing