
Scottsdale, AZ 85251
This Extensively Renovated Scottsdale Residence is a Strong Value Opportunity, listed at $785,000—positioned well below the $868,047 Fair Market Value by 9%. This valuation gap provides $83,047 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features a quartz kitchen, a new AZ room, and a detached guest casita perfect for multi-generational living or rental income. With no HOA and RV parking near Old Town, it offers rare utility and freedom. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4002 N 86TH Street Subject | $785,000* List Price | 3 | 3 | 2,052 | $423 | - |
A 2901 N 84TH Place Sold | $885,000 | 4 | 2 | 1,876 | $472 | 0.9 mi |
B 2901 N 84TH Place Sold | $885,000 | 4 | 2 | 1,876 | $472 | 0.9 mi |
C 8335 E MONTECITO Avenue Sold | $675,000 | 3 | 3 | 2,122 | $318 | 0.4 mi |
D 8737 E FAIRMOUNT Avenue Sold | $890,000 | 4 | 2 | 1,980 | $449 | 0.2 mi |
E 3809 N 85th Place Sold | $643,000 List Price | 4 | 2 | 1,830 | 0.1 mi | |
F 3526 N 85TH Street Sold | $845,000 | 4 | 2 | 1,830 | $462 | 0.3 mi |
G 8725 E OSBORN Road Active Under Contract | $924,999 List Price | 4 | 3 | 1,972 | $469 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1967, the property has undergone an extensive expansion and high-end renovation within the last three years. The interior features a modern kitchen with quartz countertops and stainless steel appliances, updated oversized bathrooms, and new flooring throughout. The addition of a new AZ room and a detached guest casita, combined with the recent updates, puts the home in mint, move-in ready condition.
The home has nearly doubled in size over the last three years and features high-end finishes including quartz countertops, stainless steel appliances, and updated flooring, offering a move-in ready experience in a prime location.
The inclusion of a detached guest casita provides exceptional flexibility for multi-generational living, a private home office, or guest accommodations, which is a highly sought-after feature in the Scottsdale market.
The absence of an HOA combined with ample space for RV or boat parking offers a level of freedom and utility that is increasingly rare and valuable in the 85251 zip code.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2052, other record living area = 1210. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
While the elementary school is well-rated, the assigned middle and high schools have lower ratings (4 and 3 respectively), which may be a drawback for education-focused families.
Despite the extensive recent expansion and remodeling, the original structure dates back to 1967, which may lead to potential maintenance concerns regarding older plumbing or electrical components not replaced during the update.
Located in the heart of highly sought-after 85251, this home has been extensively expanded and thoughtfully updated. It sits just minutes from Old Town Scottsdale and all it has to offer. Don't let the original year built fool you--this home has nearly doubled in size over the past three years. Inside you'll find crown molding, recently updated flooring, cabinets, oversized bathrooms, a spacious laundry room with extra storage, quartz, SS appl and all the upgrades you would expect to find in remodeled homes. Has a new AZ room, ideal for year-round indoor/outdoor living, along with a detached guest casita--perfect for visitors, a private office, or multi-generational living. With no HOA and ample room for RV or boat parking, this prop offers the freedom that's becoming harder to find. in this area-- especially in a neighborhood filled with high-end remodels and new builds.This is a unique opportunity to own a move-in ready home in one of Scottsdale's most dynamic and evolving areas. Live minutes from shopping, night life, dining and just blocks from the 101 and the new Costco to be built in next year.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,052 | 1,877 | 65% |
| Lot Size | 7,365 | 7,638 | 45% |
| Price | $785.0K | $682.5K | 63% |
| Price per sq ft | $383 | $390 | 49% |
| Built year | 1967 | 1960 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 2095 | 1% |
Apr 17, 2026
$785,000
Initial Listing