
Scottsdale, AZ 85254
This Premier Redevelopment Asset is listed at $1,495,000, positioned accurately at its $1,487,675 Fair Market Value. Located on a massive 0.8-acre lot in the prestigious Cactus/Shea Corridor, the property currently holds a Condition Rating of 5, making it an ideal candidate for a custom luxury estate. The lot boasts Mummy Mountain views, a private pool, and access to top-rated Scottsdale schools near the PV Mall redevelopment. This rare land-value opportunity provides a secure foundation for Custom Home Builders or Owner-Occupants seeking to design a bespoke sanctuary.
Property is extensive renovation needed.
Built in 1981 with no mentioned renovations, the property is marketed primarily as a land-value opportunity for a custom build. While the description states the home is 'fully livable,' the explicit instruction to 'bring your architect & builder' and the focus on the 0.8-acre lot suggest that the existing structure, including the kitchen and bathrooms, is significantly outdated and requires substantial rehabilitation or a complete teardown to meet the luxury standards of the Scottsdale Cactus/Shea Corridor.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34993, living area = 2200.
The nearly 0.8-acre lot in the coveted Cactus/Shea Corridor provides a rare, massive canvas for a custom luxury estate with ample room for extensive outdoor amenities and a large-scale floor plan.
Situated on a quiet, tree-lined street with Mummy Mountain views and proximity to the PV Mall redevelopment, the property offers high appreciation potential and access to top-rated Scottsdale schools.
Built in 1981, the current residence likely requires significant modernization or a complete teardown to align with the luxury standards and property values of the surrounding neighborhood.
With a list price near $1.5M primarily for land value, buyers must be prepared for substantial additional capital expenditure for a new custom build, which may limit the pool of qualified purchasers.
Rare opportunity to secure one of the premier lots within the highly coveted Cactus/Shea Corridor. Spanning nearly 35,000 sf, this expansive 0.8-acre lot offers plenty of room to build your ideal custom home, any size you envision, preserving generous space for the backyard of your dreams. Nestled on a peaceful, tree-lined street in the desirable Orange Tree Estates neighborhood, you're zoned for some of Scottsdale's top-rated schools. This A+ location sits just minutes from Paradise Valley, offering Mummy Mountain views and easy access to the exciting, ongoing redevelopment at PV Mall. The existing home is fully livable, giving you the flexibility to move in while you finalize your new build plans and secure permits. Bring your architect & builder, and let your vision come to life!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,200 | 2,210 | 50% |
| Lot Size | 34,993 | 10,250.5 | 92% |
| Price | $1.50M | $705.0K | 90% |
| Price per sq ft | $680 | $367 | 95% |
| Built year | 1981 | 1984 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 2218 | 0% |
Feb 18, 2026
$1,495,000
Initial Listing