
Scottsdale, AZ 85266
This Renovated Desert Estate is a High-Potential Investment Opportunity, listed at $1,125,000—positioned well below the $1,363,112 Fair Market Value by 17%. This significant valuation gap offers $238,112 in Instant Equity. Maintaining a Good Condition Rating, the home features a Gourmet Chef's Kitchen with Viking appliances and a Resort-Style Backyard with a pool. Located near Top-Rated Schools like Black Mountain Elementary, this property perfectly balances luxury lifestyle with financial logic. It is an ideal acquisition for Owner-Occupants or Value-Seeking Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33209 N 61st Street Subject | $1,125,000* List Price | 4 | 3 | 3,656 | $373 | - |
A 34048 N 59TH Way Sold | $1,180,000 | 4 | 4 | 3,451 | $342 | 0.5 mi |
B 34048 N 59TH Way Sold | $1,180,000 | 5 | 4 | 3,451 | $342 | 0.5 mi |
C 5878 E Evening Glow Drive Active | $1,225,000 List Price | 4 | 4 | 3,497 | $350 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant high-end upgrades that elevate it above standard 1999 builds. The kitchen is a standout feature with premium Viking and KitchenAid appliances, designer cabinetry, and custom backsplashes. While the home is 25 years old, the primary and secondary bathrooms have been modernized with designer tile and custom vanities. The oak hardwood floors and resort-style backyard are well-maintained, though some secondary spaces like the laundry room retain more dated builder-grade cabinetry, placing it firmly in the 'Good' category rather than 'Excellent'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15915, living area = 3656.
The kitchen is a high-end centerpiece featuring an 8-burner Viking range, premium KitchenAid appliances, a wine fridge, and designer cabinetry, ideal for luxury entertaining.
The outdoor space offers a private oasis with a sparkling pool, built-in BBQ area, and lush landscaping, providing a premium Arizona lifestyle experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3656, other record living area = 3600.
Built in 1999, the property may require upcoming capital investments for major mechanical systems or roofing if they have not been recently modernized.
With the primary suite and all secondary bedrooms located on the upper level, the layout may be less desirable for buyers seeking single-story accessibility.
Enter into a spectacular, thoughtfully designed residence set on nearly a third of an acre in the highly sought-after La Buena Vida Estates of Cave Creek. From the moment you arrive, this home is flooded with natural light, creating a bright, warm, and welcoming atmosphere throughout. The heart of the home is a chef's kitchen that effortlessly blends function and design, featuring an impressive 8-burner Viking range with custom Viking hood, top-of-the-line KitchenAid refrigerator and microwave, and a dedicated wine fridge. Designer cabinetry, a custom backsplash, and beautiful oak hardwood floors elevate the space, which opens seamlessly to a large family room perfect for everyday living and entertaining alike. The main level also offers a spacious living room with a fireplace, a for Enter into a spectacular, thoughtfully designed residence set on nearly a third of an acre in the highly sought-after La Buena Vida Estates of Cave Creek. From the moment you arrive, this home is flooded with natural light, creating a bright, warm, and welcoming atmosphere throughout. The heart of the home is a chef's kitchen that effortlessly blends function and design, featuring an impressive 8-burner Viking range with custom Viking hood, top-of-the-line KitchenAid refrigerator and microwave, and a dedicated wine fridge. Designer cabinetry, a custom backsplash, and beautiful oak hardwood floors elevate the space, which opens seamlessly to a large family room perfect for everyday living and entertaining alike. The main level also offers a spacious living room with a fireplace, a formal dining room, a stylish full bath with custom tile and full glass doors, and a private den or office tucked just off the family room. Upstairs, the primary suite is a true retreat, showcasing a generous walk-in closet and a spa-inspired bathroom with a soaking tub and designer tile throughout the shower. Three additional oversized bedrooms and a beautifully finished secondary bath with custom vanity, designer tile, and glass shower door. To finish off the second floor a standout bonus/game room with a built-in bar provides the ideal space for entertaining and opens to a balcony overlooking the pool and backyard. Step outside to experience resort-style living at its finest. An enclosed patio, expansive yard, sparkling pool, BBQ area, and lush landscaping create a private oasis you'll never want to leave. Additional highlights include a large three-car garage with abundant storage. Homes of this caliber, in this location, rarely become available. This is a truly special opportunity don't miss it.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 6-8 • 3.9 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,656 | 3,166 | 65% |
| Lot Size | 15,915 | 26,509 | 40% |
| Price | $1.12M | $1.03M | 51% |
| Price per sq ft | $308 | $382 | 40% |
| Built year | 1999 | 1999 | 50% |
| HOA | $104 | $283 | 16% |
| Days on market | 43 | 2562 | 1% |
Mar 10, 2026
$1,125,000
Initial Listing