33904 N 140TH Place, Scottsdale, AZ 85262, Scottsdale, 85262 - 4 bed, 3 bath
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Scottsdale, AZ 85262
This Spacious Desert Estate represents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $802,033 Fair Market Value by 12%. This valuation gap provides $102,033 in Instant Equity for buyers ready to modernize the dated 2001 finishes. The property features show-stopping mountain views on a 1.25-acre lot near top-rated schools like Black Mountain Elementary. With a Condition Rating of 4, this home offers significant upside through cosmetic updates. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33904 N 140TH Place Subject | $700,000* List Price | 4 | 3 | 3,246 | $208 | - |
A 13814 E YOLANTHA Street Active Under Contract | $700,000 List Price | 4 | 3 | 2,982 | $235 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is approximately 25 years old and appears to retain most of its original finishes. While the home is in solid, functional condition, the kitchen and bathrooms are dated, featuring early-2000s oak cabinetry, tile countertops, and white appliances. The listing explicitly notes the need for cosmetic updates and modernization, fitting the criteria for a well-maintained but outdated home requiring minor to moderate aesthetic repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 3246.
The property features a generous 1.25-acre fully fenced lot, offering exceptional privacy and significant space for future expansions such as a pool, workshop, or custom outdoor living areas.
Situated in the Rio Verde Foothills, the home boasts 'show-stopping' mountain views that provide a picturesque backdrop and enhance the overall desirability of the location.
The home is being sold in as-is condition and requires cosmetic modernization, which may necessitate immediate additional capital investment and renovation effort from the buyer.
A portion of the lot is located within a Special Flood Hazard Area (SFHA); while a FEMA amendment exists for the structure, this status may still influence insurance costs and future resale perception.
Opportunity knocks! This spacious 3,246 sqft home offers 4 bedrooms and 2.5 baths on a generous 1.25-acre lot with show stopping views provide the perfect canvas providing the perfect canvas for buyers ready to add their personal touch. The home is in solid condition and has been priced aggressively to reflect the opportunity for cosmetic updates and modernization. Inside, you'll find a functional layout with great bones and ample living space, ideal for reimagining into your dream home. Outside, the fully fenced yard offers privacy and room to expand, with endless potential for landscaping, hardscape features, a pool, shop, or custom outdoor living areas. Home is being sold AS-IS. A pre-listing home inspection has been completed and is available for buyer review upon request, offering added transparency and confidence. Bring your vision and unlock the full potential of this value-packed property on acreage! A portion of the property is in flood zone (SFHA). The property has a FEMA amendment document (file 17-09-0596A-040037.pdf) that removes the structure from the SFHA. An elevation certificate is also on file with Maricopa county (file EC16-269.pdf). Copies of both files are under the documents tab of the MLS.
No exterior & parking available.
Grades PK-6 • 10.3 mi
Grades K-6 • 10.3 mi
Grades 4-5 • 11.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 35% |
| Square foot | 3,246 | 3,567 | 37% |
| Lot Size | 54,450 | 35,937 | 78% |
| Price | $700.0K | $0 | 57% |
| Price per sq ft | $216 | $0 | 57% |
| Built year | 2001 | 2003 | 46% |
| HOA | $0 | $300 | 24% |
| Days on market | 73 | 2161 | 1% |
Apr 2, 2026
$700,000
Initial Listing