5040 E SHAW BUTTE Drive, Scottsdale, AZ 85254, Scottsdale, 85254 - 3 bed, 2 bath
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Scottsdale, AZ 85254
This Spacious Scottsdale Residence is a Strong Value Opportunity, listed at $849,900—positioned slightly above the $839,879 Fair Market Value. While priced at market, the home offers significant upside through its 4-car tandem garage and bonus room expansion potential. Featuring a Condition Rating of 3, the property includes a gourmet kitchen and open floorplan in the coveted 85254 zip code. With proximity to top-rated Sequoya Elementary, this home balances lifestyle luxury with long-term stability. It is an ideal acquisition for growing families or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5040 E SHAW BUTTE Drive Subject | $849,900* List Price | 3 | 2 | 2,432 | $345 | - |
A 5101 E BLOOMFIELD Road Sold | $775,000 List Price | 4 | 2 | 2,365 | 0.2 mi | |
B 5102 E CHARTER OAK Road Sold | $912,000 | 4 | 3 | 2,220 | $411 | 0.2 mi |
C 4835 E PRESIDIO Road Sold | $595,000 List Price | 3 | 2 | 1,750 | 0.9 mi | |
D 5418 E WETHERSFIELD Road Sold | $950,000 | 4 | 2 | 2,319 | $410 | 0.5 mi |
E 4949 E Shaw Butte Drive Pending | $775,000 List Price | 3 | 3 | 2,613 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1973, the property has undergone significant renovations including a gourmet kitchen with custom cabinetry and stone countertops, wood flooring throughout, and an expanded primary suite. The updates appear to be within the 10-20 year range, and the home is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10959, living area = 2432.
Elementary School: Sequoya Elementary School (9/10).
Located in the highly coveted 'Magic' 85254 zip code, the property is within walking distance to the Paradise Valley Mall redevelopment and zoned for top-tier schools including Sequoya Elementary and Chaparral High.
Built in 1973, the property may have aging underlying systems such as plumbing or electrical that could require future investment, despite the cosmetic and functional interior upgrades.
At 2,432 square feet, the current 3-bedroom configuration may feel undersized for larger families compared to other homes in this price bracket that typically offer 4 or more bedrooms.
Welcome to this spacious Scottsdale home in the highly desirable ''Magic'' 85254 zip code. Offering 2,432 sq ft, this 3 bed, 2 bath home features a functional open floorplan with no step downs in the house and the home has raised ceilings in the great room. The gourmet kitchen with custom cabinets and a 6 burner gas stove, opens to the living room, creating a great space for entertaining. Wood floors run through the living room and bedrooms, and a wood burning fireplace adds warmth to the great room. The primary bath and closet has been expanded, and a 2 car tandem garage brings total garage parking to 4. Bonus room off the garage has plumbing for a possible 3rd bath/4th bedroom. Large lot with RV parking and room for a pool, all within walking distance to Paradise Valley Mall
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,432 | 2,154 | 70% |
| Lot Size | 10,959 | 10,392 | 61% |
| Price | $849.9K | $0 | 68% |
| Price per sq ft | $349 | $0 | 53% |
| Built year | 1973 | 1983 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 2590 | 1% |
May 14, 2026
$849,900
Initial Listing