
Scottsdale, AZ 85262
This property presents a High-Potential Investment Opportunity with a List Price of $1,275,000—positioned well below the $1,285,469 Fair Market Value by 0.8%. This valuation gap offers $10,469 in Instant Equity. Featuring a 4,037 sq. ft. floor plan with attached guest quarters, a pool and spa, and mountain views, the home holds a Condition Rating of 4. This asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build value through strategic interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14105 E MONTERRA Way Subject 3 bd · 4 ba · 3,825 sqft · $336 | $1,275,000* List Price | 3 | 4 | 3,825 | $336 | - |
A 13912 E CAVEDALE Drive Active 4 bd · 3 ba · 3,005 sqft · $387 · 0.2 mi | $1,164,000 List Price | 4 | 3 | 3,005 | $387 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2006 (20 years old), the property is at the age where systems and finishes are dated. The listing description identifies it as a renovation opportunity for investors, and interior photos show an unfinished kitchen island area and original 2006-era cabinetry and tile that require updating and repair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 3825.
The property includes a 596 sq. ft. self-contained guest suite with a full kitchen, living area, and bedroom, providing excellent flexibility for multi-generational living or a private home office.
Situated on a 1.25-acre lot in the Rio Verde Foothills, the home offers stunning mountain views and open desert surroundings, ensuring maximum privacy and a serene atmosphere.
The listing explicitly targets renovators and investors, indicating that the 2006-built home likely requires substantial capital investment to modernize its interior and systems.
Located in the Rio Verde Foothills, the property is a significant distance from major retail hubs and schools, with the nearest elementary school over 7.5 miles away.
Incredible opportunity in the highly desirable Rio Verde Foothills! Situated on approximately 1.25 acres with open desert and distant mountain views, this 4,037 sq. ft. residence offers tremendous potential for an investor, renovator, or buyer looking to create their own desert retreat. The home features 3 bedrooms, 3 bathrooms, attached guest quarters, a 3-car garage, pool and spa, fireplace, covered patio, and private well and septic. The attached guest quarters are approximately 596 sq. ft. per appraisal and include a living area, kitchen, bedroom and bath. Ideal for guests, extended family, or flexible living space.
No exterior & parking available.
Grades 4-5 • 7.6 mi
Grades PK-3 • 7.9 mi
Grades K-6 • 9.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,825 | 2,608.685 |
| Lot Size | 54,450 | 10,404.073 |
| Price | $1.27M | $1.16M |
| Price per sq ft | $333 | $444 |
| Built year | 2006 | 1993 |
| HOA | $0 | $293 |
| Days on market | 19 | 82 |
Oct 5, 2026
$1,275,000
Initial Listing