16640 N 54TH Street, Scottsdale, AZ 85254, Scottsdale, 85254 - 3 bed, 3 bath
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Scottsdale, AZ 85254
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $925,000—positioned well below the $1,027,711 Fair Market Value by 9%. This valuation gap offers $102,711 in Instant Equity. Featuring a remodeled kitchen, private pool, and mountain views on a large .29-acre lot, the home maintains a Condition Rating of 3. Located in the prestigious 85254 "Magic ZIP" with access to top-rated schools, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16640 N 54TH Street Subject | $924,900* List Price | 3 | 3 | 3,201 | $317 | - |
A 5223 E FELLARS Drive Sold | $885,000 | 3 | 2 | 2,414 | $367 | 0.3 mi |
B 16917 N 50TH Way Sold | $781,000 | 4 | 3 | 2,302 | $339 | 0.4 mi |
C 17025 N 60TH Way Sold | $769,000 List Price | 4 | 2 | 2,410 | 0.9 mi | |
D 5643 E ANGELA Drive Sold | $725,000 | 4 | 2 | 1,940 | $374 | 0.6 mi |
E 4942 E VILLA RITA Drive Sold | $749,900 List Price | 4 | 3 | 2,388 | 1.0 mi | |
F 4968 E GRANDVIEW Road Active | $799,000 List Price | 3 | 3 | 2,556 | $313 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1983, the property features a recently remodeled kitchen with modern dark cabinetry, quartz countertops, and updated backsplashes. The interior boasts well-maintained hardwood flooring and neutral paint throughout. While the exterior and systems reflect the original age, the primary living spaces have been updated within the last 5-15 years, making it functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12581, living area = 3060.
Located in the highly desirable 85254 zip code, this property offers the prestige of a Scottsdale address with the benefit of lower Phoenix taxes and access to top-rated Paradise Valley Unified schools.
The home features a remodeled kitchen with quartz countertops and vaulted ceilings across a generous 3,060 sqft floor plan, including a versatile loft and a rare 3-car garage.
Built in 1983, while the kitchen is remodeled, other areas of the home and major mechanical systems may require further modernization to meet contemporary luxury standards.
With only 3 bedrooms provided in over 3,000 sqft of living space, the layout may feel inefficient for larger families or buyers specifically looking for a higher bedroom count at this price point.
The Obvious Choice! Welcome to 85254 Arizona's ''Magic ZIP,'' where a Scottsdale address, Phoenix taxes, and top-rated PVUSD schools (Horizon HS: 8/10) come together in one remarkable community. Rare in this market, this home sits on .29 acres in HoneyRidge Manor, this 3BD/3BA, 3,201SF home is where mornings begin poolside with coffee and evenings unfold at Kierland Commons & Scottsdale Quarter; world-class dining, luxury retail, live entertainment and seasonal events just minutes from your door. Inside: remodeled kitchen w/quartz countertops, vaulted ceilings, loft, 3-car garage & RV gate; all with NO HOA. World-renowned Mayo Clinic healthcare and 3 major freeways are minutes away. This is the Scottsdale lifestyle 85254 is famous for. Don't wait. Get your offer in before it's gone
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,201 | - |
| Lot Size | 12,581 | - |
| Price | $924.9K | $1.25M |
| Price per sq ft | $289 | $475 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 53 | 2493 |
Jul 5, 2026
$924,900
$925,000
+0% Price Increase
Initial Listing
May 31, 2026
$925,000
Initial Listing