29125 N 114TH Street, Scottsdale, AZ 85262, Scottsdale, 85262 - 3 bed, 3 bath
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Scottsdale, AZ 85262
Analysis of 29125 N 114TH Street, Scottsdale, AZ 85262 is currently available with a list price of $3,955,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Scottsdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1990 (35 years old), the home is well-maintained and functional but features dated Southwestern finishes and original 90s-era kitchen/bath styling. While move-in ready, the listing's focus on the 5-acre land value and 'designing your vision' confirms the structure needs significant updates to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 2460.
This rare 5-acre parcel features no HOA and two elevated building sites, providing a blank canvas to design a custom luxury masterpiece with private amenities like tennis or pickleball courts.
The property offers breathtaking 360-degree views of Pinnacle Peak, the surrounding mountains, and city lights, enhanced by over 50 iconic saguaros on the landscape.
With 490 days on the market, the property may face challenges regarding buyer perception of value or the specific niche required for a high-end land redevelopment project.
The existing 1990s structure is modest compared to the $3.955M price point, indicating that the primary value is in the land and will require substantial additional investment to realize its 'luxury masterpiece' potential.
Create a Luxury Masterpiece | North Scottsdale | 5 Acres w/ Endless Lifestyle Options. Rare 5-acre property with panoramic 360° views of Pinnacle Peak, extensive city lights & surrounding mountains. Nestled in one of North Scottsdale's most coveted enclaves, it offers unmatched privacy minutes from Scottsdale National Golf Club & premier lifestyle amenities. Surrounded by multi-million-dollar residences, the property features a charming home to enjoy while designing your vision, 2 elevated building sites, 50+ iconic saguaros & no HOA, allowing private tennis, pickleball, par three & resort-style amenities. Rare opportunity for discerning buyers. Serious inquiries only.
No exterior & parking available.
Grades K-6 • 6.4 mi
Grades 6-8 • 7.5 mi
Grades 9-12 • 7.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 3.0 | 4.0 | 35% |
| Square foot | 2,460 | 3,567 | 9% |
| Lot Size | 217,800 | 35,937 | 95% |
| Price | $3.96M | $0 | 91% |
| Price per sq ft | $1.6K | $0 | 99% |
| Built year | 1990 | 2003 | 1% |
| HOA | $0 | $300 | 24% |
| Days on market | 505 | 2161 | 15% |
Jan 25, 2025
$3,955,000
Initial Listing