
Scottsdale, AZ 85254
This Renovated Single-Family Residence is a High-Potential Investment Opportunity with a List Price of $710,000—positioned well below the $984,409 Fair Market Value by 27%. This massive valuation gap provides $274,409 in Instant Equity. Boasting a Turn-Key Condition Rating, the home features a quartz kitchen, private pool, and an oversized 10,386 sq. ft. lot with no HOA. Located in the prestigious 85254 zip code near Liberty Elementary, it offers high-yield short-term rental potential and lifestyle luxury. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5117 E BECK Lane Subject | $710,000* List Price | 3 | 2 | 1,320 | $746 | - |
A 5239 E WALTANN Lane Sold | $775,000 | 3 | 2 | 1,416 | $547 | 0.3 mi |
B 15841 N 49TH Place Sold | $830,000 | 3 | 2 | 1,541 | $539 | 0.3 mi |
C 15841 N 49TH Place Sold | $830,000 | 3 | 2 | 1,541 | $539 | 0.3 mi |
D 5326 E FRIESS Drive Sold | $650,000 List Price | 3 | 2 | 1,672 | 1.0 mi | |
E 5330 E WINCHCOMB Drive Sold | $690,000 | 3 | 2 | 1,656 | $417 | 0.7 mi |
F 5330 E WINCHCOMB Drive Sold | $690,000 | 3 | 2 | 1,714 | $403 | 0.7 mi |
G 5731 E MARCONI Avenue Active Under Contract | $740,000 List Price | 3 | 2 | 1,518 | $487 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone an extensive recent renovation featuring modern finishes throughout. The kitchen is updated with quartz countertops and stainless steel appliances, and the interior boasts new flooring, contemporary light fixtures, and a linear fireplace, meeting current quality standards in turn-key condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10386, living area = 1320.
Situated in the highly-coveted 85254 zip code with no HOA restrictions, this property offers a rare combination of a prestigious Scottsdale address and the freedom to operate as a high-yield short-term rental.
The home is sold fully furnished with contemporary quartz countertops, stainless steel appliances, and a stylish linear fireplace, providing an immediate 'lock and leave' solution for investors or seasonal residents.
At just 1,320 square feet, the home's interior footprint is relatively compact, which may result in a high price-per-square-foot and limit appeal for buyers requiring more living space.
While the interior has been beautifully remodeled, the 1979 construction year suggests that original underlying systems or structural elements may require ongoing maintenance compared to newer builds.
This rare, fully furnished 3BR/2BA gem in Covey is ready for immediate enjoyment or rental income. Featuring modern, clean finishes throughout, the interior shines with a gorgeous quartz kitchen, stainless appliances, and a stunning linear fireplace. The oversized 10,000+ sq. ft. lot includes a private pool and low-maintenance desert landscaping, making it the ideal ''lock and leave'' property. Located near Tatum & Greenway, you're minutes from world-class dining and shopping. With no HOA, a 2-car garage, and a turn-key setup, this home is a polished product in the highly-coveted 85254 zip code. Perfect as a primary residence, winter retreat, or lucrative investment. Don't miss out!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,320 | 2,210 | 2% |
| Lot Size | 10,386 | 10,250.5 | 52% |
| Price | $710.0K | $705.0K | 50% |
| Price per sq ft | $538 | $367 | 87% |
| Built year | 1979 | 1984 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 2218 | 0% |
Feb 27, 2026
$710,000
Initial Listing