5116 E WETHERSFIELD Road, Scottsdale, AZ 85254, Scottsdale, 85254 - 4 bed, 3 bath
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Scottsdale, AZ 85254
This Spacious Scottsdale Residence is a Strong Value Opportunity, listed at $1,045,000—positioned below the $1,063,872 Fair Market Value by 1%. This valuation gap provides $18,872 in Instant Equity. While maintaining a Condition Rating of 4 with a new AC and stainless appliances, the interior is primed for cosmetic modernization to maximize its potential. The massive 1/3-acre corner lot features a private pool, outdoor kitchen, and RV gates with no HOA restrictions. This is an ideal acquisition for Owner-Occupants looking to build wealth through customization or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5116 E WETHERSFIELD Road Subject | $1,045,000* List Price | 4 | 3 | 2,473 | $430 | - |
A 5418 E WETHERSFIELD Road Sold | $950,000 | 4 | 2 | 2,319 | $410 | 0.4 mi |
B 5101 E BLOOMFIELD Road Sold | $775,000 List Price | 4 | 2 | 2,365 | 0.1 mi | |
C 5701 E SYLVIA Street Sold | $1,025,000 List Price | 3 | 2 | 2,149 | 0.7 mi | |
D 4910 E SHAW BUTTE Drive Sold | $962,300 | 4 | 2 | 1,950 | $493 | 0.3 mi |
E 5116 E CHARTER OAK Road Active | $960,000 List Price | 4 | 3 | 2,276 | $422 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is well-maintained and move-in ready but shows significant signs of being outdated. While it features a new AC system and new stainless steel kitchen appliances, the overall aesthetic—including the original-style white cabinetry, ceramic tile flooring, and bathroom fixtures—reflects its 35-year age. The listing description explicitly mentions it is 'ready for your custom design,' confirming that while functional, the interior has not undergone a full modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15920, living area = 2473.
Situated in the highly coveted 'Magic 85254' zip code, this property sits on a rare 1/3-acre corner lot in a quiet cul-de-sac with no HOA and dual RV gates.
The expansive backyard is a true entertainer's retreat, featuring a private pool, firepit, outdoor kitchen, and a large covered patio.
The property is marketed as 'ready for your custom design,' suggesting that the interior finishes and bathrooms likely require updates to meet modern luxury standards.
While the AC and appliances are new, the 1989 construction and need for cosmetic upgrades may necessitate a significant additional investment from the buyer.
RARE FIND! in the highly valued ''Magic 85254''. HUGE over-1/3-acre Corner Lot, 2 RV gates, On a tranquil cul-de-sac. NO HOA! NEW COLD AC. This comfortable 2,473 sq ft single level home, features souring vaulted ceilings 4 large bedrooms and 2.5 baths. Large living/dining & spacious family room w/ stacked-stone wood-burning fireplace. Roomy vaulted primary suite offers large walk-in closet, en-suite dual vanity, glass wall shower & separate jet tub. Premium location near the newly developed Paradise Valley Mall & Scottsdale Quarter, top-rated restaurants, shopping, & more. Ready for your custom design, the bright kitchen, w/new stainless appliances, looks out on the covered patio, pool, & firepit. The expansive backyard with outdoor kitchen offers generous space to customize.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,473 | 2,221.5 | 64% |
| Lot Size | 15,920 | 10,250.5 | 82% |
| Price | $1.04M | $705.0K | 73% |
| Price per sq ft | $423 | $367 | 66% |
| Built year | 1989 | 1984 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 2218 | 0% |
Mar 26, 2026
$1,045,000
Initial Listing