12560 E SILVER SPUR Street, Scottsdale, AZ 85259, Scottsdale, 85259 - 4 bed, 2 bath
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Scottsdale, AZ 85259
This property presents a Strong Value Opportunity with a List Price of $1,280,000—positioned well below the $1,398,488 Fair Market Value by 8%. This valuation gap offers $118,488 in Instant Equity for buyers. Featuring a 4-Condition Rating, the home requires modernization but offers a rare one-acre lot with Horse Privileges and Mountain Views. Located near top-rated schools like Mountainside Middle, this is a high-potential asset ideal for Value-Add Investors or Owner-Occupants seeking to build significant long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12560 E SILVER SPUR Street Subject | $1,280,000* List Price | 4 | 2 | 2,526 | $554 | - |
A 9025 N 127TH Street Sold | $1,490,000 | 3 | 3 | 2,671 | $558 | 0.1 mi |
B 12884 E TURQUOISE Avenue Active | $1,490,000 List Price | 4 | 4 | 3,313 | $450 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this nearly 50-year-old property is described as well-maintained but 'ready for an update.' Visuals confirm a dated kitchen with older Whirlpool appliances and basic cabinetry. While functional and move-in ready, the home exceeds the 20-year threshold for modern renovations and requires cosmetic and system updates throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46191, living area = 2526.
The property sits on a rare, flat one-acre lot with no HOA, offering horse privileges and ample space for expansion, additional structures, or equestrian facilities.
As the lowest-priced home in the neighborhood, this property presents a prime opportunity for investors or buyers looking to add value through a custom renovation or rebuild.
Built in 1976, the interior is described as ready for an update, meaning buyers will likely need to budget for a full cosmetic and functional overhaul.
Given the home's age, major systems and components may be nearing the end of their useful life, potentially requiring immediate capital expenditure for repairs.
Four Bedroom, two bath home with 2526 sq. ft. and a full acre lot in a wonderful Scottsdale community. Beautiful spacious pool and a 2 car garage. A circular driveway. Plenty of parking space or room to build. Horses are allowed and there is a nearby Equestrian Park on 120th ST. This well maintained home is ready for an update or a fresh start. Use your imagination. Nice flat lot with Mountain View in the front. The additional private side patio is set up for a spa with water and electric in place. No HOA! Stunning desert setting! The best priced home in the neighborhood. Lots of potential!
No exterior & parking available.
Grades PK-5 • 2.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 2,526 | 3,150.5 | 26% |
| Lot Size | 46,191 | 12,253.5 | 96% |
| Price | $1.28M | $872.5K | 65% |
| Price per sq ft | $507 | $381 | 79% |
| Built year | 1976 | 1994 | 3% |
| HOA | $0 | $193 | 24% |
| Days on market | 10 | 2280 | 1% |
May 27, 2026
$1,280,000
Initial Listing