
Tempe, AZ 85283
This property presents a High-Potential Investment Opportunity with a List Price of $554,900—positioned well above the $452,172 Fair Market Value by -22%. While the current pricing reflects a premium, the Condition Rating of 5—a full interior demo—provides a blank canvas for total customization. Featuring a large 10,219 sqft lot and a private pool, this asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to maximize the property's inherent value in a desirable Tempe neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1927 E VAUGHN Street Subject | $539,900* List Price | 3 | 2 | 1,936 | $231 | - |
A 2036 E Gemini Drive Sold | $600,000 | 3 | 2 | 2,132 | $281 | 0.5 mi |
B 1527 E BELL DE MAR Drive Sold | $560,000 | 3 | 2 | 1,839 | $305 | 0.6 mi |
C 2031 E Vaughn Street Pending | $637,000 List Price | 3 | 2 | 2,259 | $282 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 and currently in a state of full interior demolition. The property lacks a functional kitchen, bathrooms, and flooring, requiring a complete rehab to be livable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10219, living area = 1936.
With a full interior demo already completed, this property serves as a true blank canvas, allowing the buyer to design the layout and select finishes to their exact specifications without the labor or cost of demolition.
The property sits on a generous 10,219 sqft lot and includes a private pool, offering significant outdoor potential and value in a desirable Tempe neighborhood.
As a full interior demo, the home is currently uninhabitable and requires a substantial capital investment and a lengthy construction timeline before it can be occupied.
While the elementary school is well-rated, the assigned middle and high schools have lower ratings, which may be a concern for families and could impact future resale appeal.
Opportunity in Camelot Village. This 3 bed, 2 bath home offers 1,936 sqft with a pool, 2-car garage, and a full interior demo already completed. The heavy lifting is done and it's ready for the next owner to bring their vision to life. Create the layout, style, and finishes you actually want instead of paying for someone else's remodel choices. Whatever your vision is, this is a true blank canvas in one of Tempe's most desirable neighborhoods. Large lot, great bones, and an ideal chance to build your dream home exactly the way you want it.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.0 mi
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 | 1,936 | 1,971 | 49% |
| Lot Size | 10,219 | 7,934 | 78% |
| Price | $539.9K | $360.0K | 71% |
| Price per sq ft | $279 | $219 | 57% |
| Built year | 1979 | 1978 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 2499 | 2% |
Jun 4, 2026
$539,900
$554,900
-3% Price Drop
Initial Listing
May 20, 2026
$554,900
Initial Listing