5401 E SAHUARO Drive, Scottsdale, AZ 85254, Scottsdale, 85254 - 3 bed, 3 bath
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Scottsdale, AZ 85254
This property presents a High-Potential Investment Opportunity with a List Price of $1,385,000—positioned above the $1,352,336 Fair Market Value. While the current structure holds a Condition Rating of 5, the expansive 0.8-acre lot in the Cactus/Shea Corridor offers significant redevelopment potential. Featuring a PebbleTec pool and Mummy Mountain views, the site provides a premium foundation for a custom estate. This asset is best suited for Value-Add Investors or Custom Home Builders looking to capitalize on the prime Scottsdale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5401 E SAHUARO Drive Subject | $1,385,000* List Price | 3 | 3 | 2,200 | $615 | - |
A 6020 E SHEA Boulevard Active Under Contract | $1,274,900 List Price | 4 | 2 | 2,031 | $628 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old) with no mention of interior or system updates. The listing is marketed primarily for its 0.8-acre lot value and encourages buyers to 'bring your architect & builder,' suggesting the existing structure requires a total rehab or is a candidate for a major addition/redevelopment.
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.
Spanning nearly 0.8 acres (34,993 sqft) in the coveted Cactus/Shea Corridor, this oversized lot offers rare development potential for a custom estate or significant expansion without the restrictions of an HOA.
Nestled on a quiet, tree-lined street in Orange Tree Estates, the property features stunning views of Mummy Mountain and sits minutes from Paradise Valley and the high-end PV Mall redevelopment.
The property has been on the market for 100 days and has undergone three price reductions from its original $1.495M list price, suggesting the initial valuation did not align with buyer expectations for the current structure.
The existing 2,200 sqft home built in 1981 may be considered under-improved for a lot of this size and price point, likely requiring a substantial renovation or a complete rebuild to meet modern luxury standards.
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 or add onto the existing square footage. The sprawling backyard preserves generous space for entertaing areas with a PebbleTec pool, mature olive trees and oleander hedging. 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. 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 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,200 | 2,154 | 54% |
| Lot Size | 34,993 | 10,392 | 93% |
| Price | $1.39M | $0 | 86% |
| Price per sq ft | $630 | $0 | 87% |
| Built year | 1981 | 1983 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 125 | 2589 | 1% |
May 29, 2026
$1,385,000
$1,445,000
-4% Price Drop
Initial Listing
May 2, 2026
$1,445,000
$1,495,000
-3% Price Drop
Initial Listing
Feb 18, 2026
$1,495,000
Initial Listing