
Scottsdale, AZ 85255
This High-Potential Investment Opportunity is listed at $4,900,000, positioned well below the $4,786,292 Fair Market Value by -2%. As a to-be-built project in a gated North Scottsdale community, this property offers a Condition Rating of 2 with significant customization potential. Featuring a 5,300 sqft layout on a massive 46,377 sqft lot with mountain views and a pool, it provides a rare lifestyle upgrade. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury custom home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22626 N 80TH Place Subject | $4,900,000* List Price | 5 | 6 | 5,300 | $903 | - |
A 8119 E FOOTHILLS Drive Active | $4,700,000 List Price | 4 | 4 | 5,302 | $886 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1980, the property is being marketed as a 90% brand-new rebuild. The interior features mint-condition, high-end finishes including a Wolf range, custom cabinetry, modern lighting, and vaulted ceilings. As a near-total reconstruction, all major systems and surfaces meet the criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46377, living area = 5300.
As a 'to-be-built' project currently in the permitting phase, buyers have the unique advantage of working with a designer to select custom finishes and tailor the home to their specific tastes.
Located in a gated community, this property offers the peace and beauty of North Scottsdale with the rare convenience of being less than 10 minutes from the 101 freeway, Kierland Commons, and Scottsdale Quarter.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5300, other record living area = 3676.
With an estimated 7-9 months required for permitting and construction, this property is not an option for buyers seeking immediate or short-term occupancy.
The project involves a major teardown and rebuild, which carries inherent risks of construction delays, permitting hurdles, and the typical inconveniences associated with a long-term building project.
This to be built home is currently going through the permitting process with the city. Most of existing home is getting torn down and rebuilt with 10' ceilings everywhere except the high vaulted living room. Approx 2-3 months until permits are approved and then an additional 5-6 months in construction. Come in now and you can work with our designer to change the finishes to what you want. Awesome neighbors and incredible lot in this gated neighborhood less than 10 minutes to the 101 freeway and kierland/Scottsdale Quarter. You get the peace and beauty of North Scottsdale without the long drive! This home brand new would be $5.5M+, so take advantage of the incredible opportunity to own a 90% brand new home at a lower price!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 7.3 mi
Grades 9-12 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 6.0 | 3.0 | 96% |
| Square foot | 5,300 | 3,012.5 | 94% |
| Lot Size | 46,377 | 10,000 | 88% |
| Price | $4.90M | $855.0K | 94% |
| Price per sq ft | $925 | $412 | 94% |
| Built year | 1980 | 1997 | 3% |
| HOA | $450 | $224 | 85% |
| Days on market | 4 | 2678 | 1% |
Jun 15, 2026
$4,900,000
Initial Listing