13016 N 48TH Place, Scottsdale, AZ 85254, Scottsdale, 85254 - 3 bed, 2 bath
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Scottsdale, AZ 85254
This Single Family Residence presents a Strong Value Opportunity, listed at $725,000—positioned well below the $759,805 Fair Market Value by 4%. This valuation gap offers $34,805 in Instant Equity for the buyer. With a Condition Rating of 3, the home features significant mechanical upgrades including a 2019 HVAC and 2015 roof. The oversized 11,366 SF lot with a private pool provides rare outdoor utility in a prime, walkable Scottsdale location. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13016 N 48TH Place Subject | $725,000* List Price | 3 | 2 | 1,408 | $540 | - |
A 5326 E FRIESS Drive Sold | $650,000 List Price | 3 | 2 | 1,672 | 0.8 mi | |
B 4925 E Hearn Road Sold | $699,000 List Price | 3 | 2 | 1,758 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent capital improvements: HVAC (2019), Roof (2015), and Water Heater (2020) are all under 10 years old. While the kitchen cabinetry and lighting are dated, the primary bath was remodeled in 2017, and the home features fresh paint and new bedroom flooring (2024/2026).
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11366, living area = 1408.
Situated in the highly desirable 85254 zip code, this property offers exceptional walkability to the Paradise Valley redevelopment project, providing easy access to premier shopping, dining, and entertainment.
The oversized 11,366 SF lot is a rare find, featuring a private pool, large grass backyard, and mature landscaping that creates a premium outdoor living and entertaining space.
At 1,408 square feet, the interior living space is relatively small for a three-bedroom home in this price bracket, which may feel restrictive for families or those requiring larger common areas.
Despite modern updates, the 1978 construction may still reflect older floor plan efficiencies and ceiling heights that do not fully align with the open-concept preferences of modern luxury buyers.
Prime Scottsdale 85254 opportunity on over ¼ acre! Ideally located just minutes and highly walkable to the exciting Paradise Valley redevelopment, premier shopping, dining, and entertainment. This updated 3 bed / 2 bath home combines location, lifestyle, and value. Set on an oversized 11,366 SF lot, the property features a private pool, large grass backyard, covered patio, and mature landscaping perfect for entertaining or enjoying Arizona outdoor living. Inside you'll find fresh interior paint (2026), updated bedroom flooring (2024), dual pane windows, an inviting fireplace, open living spaces, and a beautifully remodeled primary bath (2017). Thoughtful updates throughout include a Trane A/C (2019), roof replacement with 30-year shingles (2015), water heater (2020), exterior paint with 5-year warranty (2024), refrigerator (2022), and new back gate (2026). A rare chance to own a home on a large lot in an unbeatable Scottsdale location near the PV transformation!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,408 | 2,154 | 2% |
| Lot Size | 11,366 | 10,392 | 68% |
| Price | $725.0K | $550.0K | 59% |
| Price per sq ft | $515 | $308 | 81% |
| Built year | 1978 | 1983 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 2641 | 1% |
May 26, 2026
$725,000
Initial Listing