12884 E TURQUOISE Avenue, Scottsdale, AZ 85259, Scottsdale, 85259 - 4 bed, 4 bath
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Scottsdale, AZ 85259
This Spacious Desert Estate represents a Strong Value Opportunity, listed at $1,490,000—positioned well below the $1,659,497 Fair Market Value by 10%. This valuation gap offers $169,497 in Instant Equity. While the home maintains a Fair Condition Rating with original 1996 finishes, the Detached Guest House and Expansive Acre-Plus Lot provide significant upside. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build wealth through strategic cosmetic modernization in a prestigious Scottsdale enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12884 E TURQUOISE Avenue Subject | $1,490,000* List Price | 4 | 4 | 3,313 | $501 | - |
A 9025 N 127TH Street Sold | $1,490,000 | 3 | 3 | 2,671 | $558 | 0.8 mi |
B 12749 E TURQUOISE Avenue Active | $1,400,000 List Price | 5 | 3 | 4,350 | $322 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the home is well-maintained but remains largely in its original state. The kitchen features dated white appliances and 90s-style cabinetry, while the bathrooms contain original floral wallpaper and gold-tone fixtures. While functional and move-in ready, the interior finishes are over 20 years old and require cosmetic updates 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 = 50312, living area = 3313.
The property features a separate 1-bedroom, 1-bathroom guest house, offering exceptional versatility for multigenerational living, a private home office, or potential rental income.
Situated on over 1.15 acres with no HOA, the oversized lot provides rare privacy, professional desert landscaping, and significant space for expansion or recreational vehicle storage.
Built in 1996, the residence may require modern cosmetic or mechanical updates to compete with the contemporary luxury standards of neighboring high-end estates.
The main residence contains only three bedrooms, which may be a limitation for larger families who prefer more sleeping quarters within the primary structure.
Nestled on an expansive acre-plus homesite and surrounded by luxury estates valued in the millions, this exceptional property offers the perfect blend of privacy, space, and upscale desert living. Designed for both comfort and entertaining, the main residence features 3 spacious bedrooms, 3 bathrooms, and a desirable 3-car garage with ample room for vehicles, storage, and recreational toys. From the moment you arrive, the professionally designed desert landscaping creates a stunning first impression while offering low-maintenance beauty that complements the natural Arizona surroundings. The oversized lot provides endless possibilities with room to expand, entertain, or simply enjoy the peaceful setting and breathtaking desert skies. Inside, the home showcases an open and inviting layout filled with natural light, generous living spaces, and seamless indoor-outdoor living. The kitchen opens beautifully to the main gathering areas, making it ideal for hosting family and friends. The spacious primary suite offers a private retreat complete with a luxurious bath and relaxing atmosphere. Each additional bedroom and bathroom has been thoughtfully designed to provide comfort and convenience for guests or family members alike. Adding tremendous value and versatility is the detached guest house featuring 1 bedroom and 1 bathroom--perfect for visiting guests, multigenerational living, a private office, fitness studio, or income-producing opportunities. Set among some of the area's most prestigious luxury homes, this rare property offers the opportunity to enjoy an exclusive lifestyle without the multimillion-dollar price tag. Whether you are seeking tranquility, space, or a property with endless potential, this desert oasis delivers it all. Experience the beauty of Arizona living with room to breathe, unmatched privacy, and the charm of true desert elegance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 3,313 | 3,098 | 55% |
| Lot Size | 50,312 | 11,826 | 96% |
| Price | $1.49M | $915.0K | 71% |
| Price per sq ft | $450 | $386 | 67% |
| Built year | 1996 | 1994 | 62% |
| HOA | $0 | $193 | 20% |
| Days on market | 41 | 2338 | 2% |
May 9, 2026
$1,490,000
Initial Listing