16020 N 53RD Street, Scottsdale, AZ 85254, Scottsdale, 85254 - 3 bed, 2 bath
Loading property details...
Scottsdale, AZ 85254
This Extensively Remodeled Scottsdale Residence is a Prime Investment Opportunity, listed at $825,000—positioned well below the $847,562 Fair Market Value by 2%. This valuation gap secures $22,562 in Instant Equity. Boasting an Excellent Condition Rating, the interior offers soaring ceilings and a spa-like primary suite, while the private backyard retreat features a pool, spa, and putting green. Located in the "Magic 85254" zip code with No HOA near Horizon Park, this home is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16020 N 53RD Street Subject | $825,000* List Price | 3 | 2 | 1,882 | $450 | - |
A 15640 N 55TH Street Sold | $980,000 | 3 | 2 | 2,102 | $466 | 0.3 mi |
B 4981 E ACOMA Drive Sold | $800,000 | 3 | 2 | 1,817 | $440 | 1.0 mi |
C 4915 E MARILYN Road Sold | $690,000 | 3 | 2 | 1,842 | $375 | 0.9 mi |
D 5518 E WALTANN Lane Sold | $850,000 | 3 | 2 | 1,809 | $470 | 0.4 mi |
E 5009 E PARADISE Lane Sold | $910,000 | 4 | 2 | 2,125 | $428 | 0.4 mi |
F 5009 E PARADISE Lane Sold | $910,000 | 4 | 2 | 2,125 | $428 | 0.4 mi |
G 5239 E KATHLEEN Road Active Under Contract | $995,000 List Price | 3 | 2 | 1,838 | $541 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property has undergone extensive recent renovations within the last 5 years that meet current quality standards. The interior features a fully remodeled kitchen with stainless steel appliances, updated spa-like bathrooms with a walk-in super shower, and modern tile flooring throughout. Significant capital improvements include the replacement of both AC units, newer exterior stucco and paint, and premium backyard upgrades like custom pavers and turf, making the home completely turn-key.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10712, living area = 1882.
Ideally situated near TPC Scottsdale and top-tier amenities, this property offers the rare advantage of no HOA, providing homeowners with greater flexibility and lower monthly overhead.
The home features significant recent capital improvements, including newer AC units, updated stucco, and fully remodeled spa-like bathrooms, ensuring a move-in-ready experience with reduced immediate maintenance.
While extensively remodeled, the 1983 build date may mean some underlying structural or utility components are nearing the end of their typical lifespan compared to newer developments.
With only three bedrooms for nearly 1,900 square feet, the layout may lack the versatility required by larger families or buyers needing multiple dedicated home office spaces.
You don't find many homes like this in Scottsdale; remodeled, upgraded, and ideally located near TPC, Barrett-Jackson, top schools, dining, and shopping, with no HOA and walkable access to Horizon Park. Recent improvements include newer stucco and exterior paint, new custom brick pavers front and back, newer turf with putting green, updated primary and guest baths, both AC units replaced in the past few years, and plenty other upgrades that make the home turn key. Inside offers soaring ceilings, an open layout, and tile throughout. The primary suite features a spa-like bath with a walk-in super shower. The backyard is a private retreat with pool, Baja step, spa, BBQ, fruit trees, RV gate, and storage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,882 | 2,210 | 24% |
| Lot Size | 10,712 | 10,250.5 | 58% |
| Price | $825.0K | $705.0K | 59% |
| Price per sq ft | $438 | $367 | 69% |
| Built year | 1983 | 1984 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 2218 | 0% |
Apr 6, 2026
$825,000
Initial Listing