34858 N 81ST Street, Scottsdale, AZ 85266, Scottsdale, 85266 - 4 bed, 3 bath
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Scottsdale, AZ 85266
This North Scottsdale Desert Estate represents a Strong Value Opportunity with a List Price of $1,399,000—positioned well below the $1,410,026 Fair Market Value by 1%. This valuation gap offers $11,026 in Instant Equity. Currently holding a Condition Rating of 4, the property features a resort-style pool and panoramic mountain views on a massive 38,020 sqft lot. With access to top-rated schools like Black Mountain Elementary, it offers immense potential for forced appreciation through cosmetic updates. It is perfectly suited for Owner-Occupants seeking a customizable sanctuary or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34858 N 81ST Street Subject | $1,399,000* List Price | 4 | 3 | 3,375 | $418 | - |
A 7359 E ARROYO SECO Road Sold | $1,695,000 List Price | 4 | 5 | 4,656 | 1.0 mi | |
B 36061 N 85TH Place Active | $1,525,000 List Price | 4 | 3 | 3,562 | $428 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this property is well-maintained but remains largely in its original condition. While the home is functional and move-in ready, the interior finishes, including the carpet, window treatments, and fixtures, show signs of being outdated. The listing description explicitly mentions 'endless design potential' and the opportunity to 'modernize or reimagine,' which confirms that no major renovations have been performed recently to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38020, living area = 3375.
Situated on a nearly one-acre lot adjacent to a natural wash, the property offers unobstructed panoramic mountain views and iconic Arizona sunsets with a rare sense of desert tranquility.
The backyard is a true retreat featuring a natural landscape pool, stone water feature, and a unique view deck with a spiral staircase designed to maximize the surrounding scenery.
Built in 1999 and marketed as having 'endless design potential,' the interior finishes likely require significant updates to meet the aesthetic standards of modern luxury buyers.
The expansive 38,020-square-foot lot and resort-style pool facilities necessitate substantial ongoing maintenance and landscaping costs to preserve the property's appeal.
BREATHTAKING SUNSET + MOUNTAIN VIEWS + 38,020sf LOT + ENDLESS DESIGN POTENTIAL. Experience the essence of NORTH SCOTTSDALE DESERT LIVING on a nearly one-acre private homesite capturing sweeping panoramic mountain views and unforgettable AZ sunsets. Perfectly positioned adjacent to a natural wash, this property offers a rare sense of privacy, tranquility, and open desert backdrop. Designed to bring the outdoors in, expansive picture windows frame the surrounding mountains and flood the home with natural light, creating a seamless connection to the landscape. The spacious 3,375 SF floor plan offers incredible flexibility with 4 bedrooms + 3 baths, providing a strong foundation to customize, modernize, or reimagine to your personal style. Outside, find your resort-style backyard retreat.... complete with a natural landscape pool, stone water feature, multiple entertaining areas, extended covered patio, and a view deck with spiral staircase to elevate your vantage point for sunset skies and mountain silhouettes. A rare opportunity to own a view-centric property with exceptional privacy and upside potential in one of North Scottsdale's most sought-after desert settings. Perfectly located in the heart of North Scottsdale, this home offers access to world-class golf, hiking and biking trails, luxury resorts, and premier dining and shopping at nearby destinations such as Kierland Commons and Scottsdale Quarter. Enjoy close proximity to renowned events including the Waste Management Phoenix Open, Barrett-Jackson, and Scottsdale Arabian Horse Show, placing you at the center of Arizona's most sought-after lifestyle experiences. Whether embracing outdoor adventure or refined desert living, this location delivers the very best of AZ Living & Lifestyle.
No exterior & parking available.
Grades PK-6 • 3.0 mi
Grades 6-8 • 5.7 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,375 | 3,096 | 54% |
| Lot Size | 38,020 | 26,550 | 67% |
| Price | $1.40M | $980.0K | 70% |
| Price per sq ft | $415 | $388 | 53% |
| Built year | 1999 | 1999 | 50% |
| HOA | $66 | $270 | 12% |
| Days on market | 25 | 2555 | 1% |
Mar 28, 2026
$1,399,000
Initial Listing