
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 4 bd · 3 ba · 3,246 sqft · $209 | $679,000* List Price | 4 | 3 | 3,246 | $209 | - |
A 13814 E YOLANTHA Street Active Under Contract 4 bd · 3 ba · 2,982 sqft · $235 · 0.2 mi | $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explicitly notes the need for cosmetic updates and modernization, fitting the criteria for a well-maintained but outdated home requiring minor to moderate aesthetic repairs.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.
Over 3,200 sf on 1.25 acres with Granite Mountain views, horse privileges, rv gate, a 3-car garage and no hoa in the Rio Verde Foothills in Scottsdale. AZ If space, privacy and the freedom to make a property your own are at the top of your wish list, this one deserves a closer look. Set on 1.25 fully fenced acres, this spacious 3,246 SF home offers 4 bedrooms, 2.5 baths and a 3-car garage, surrounded by the natural beauty and wide-open feel that make the Rio Verde Foothills so special. Inside, generous living spaces and an abundance of natural light provide a fantastic foundation for whatever style you envision. Rather than paying a premium for someone else's finishes, this home offers the opportunity to personalize over 3,200 square feet ...Starting with the things that are so much harder to replicate -- SPACE, LAND, VIEWS AND LOCATION. Outside is where the possibilities really open up. With horse privileges, RV access and parking, no HOA and plenty of room to create your ideal outdoor setup, the property offers flexibility that's becoming increasingly difficult to find at this price point. Enjoy beautiful Granite Mountain views, peaceful desert surroundings and room for horses, toys, trailers or simply more space between you and your neighbors. For buyers looking beyond cosmetic finishes and recognizing the value of acreage, square footage and freedom, this property represents an exceptional opportunity in the Rio Verde Foothills. Come see the possibilities -- and imagine what you could make it. Bring your vision and unlock the full potential of this value-packed property on acreage! Home is on a shared well and also has an EPCOR account on standby as a backup option for water
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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,246 | 2,608.685 |
| Lot Size | 54,450 | 10,404.073 |
| Price | $679.0K | $1.16M |
| Price per sq ft | $209 | $444 |
| Built year | 2001 | 1993 |
| HOA | $0 | $293 |
| Days on market | 205 | 82 |
Sep 25, 2026
$679,000
$685,000
-1% Price Drop
Initial Listing
Sep 20, 2026
$685,000
$700,000
-2% Price Drop
Initial Listing
Apr 2, 2026
$700,000
Initial Listing