
Scottsdale, AZ 85254
This Renovated Modern Farmhouse is a Strong Value Opportunity, listed at $2,900,000—positioned well below the $3,248,917 Fair Market Value by 10%. This valuation gap offers $348,917 in Instant Equity. Maintaining a Condition Score of 2, the residence features a Designer Kitchen, Soaring Ceilings, and a Detached Guesthouse with a pool. Located in the coveted 85254 zip code near Top-Rated Schools, it balances luxury living with immediate appreciation. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5402 E Corrine Drive E Subject | $2,900,000* List Price | 4 | 5 | 3,976 | $817 | - |
A 5930 E CHARTER OAK Road Sold | $2,430,000 | 4 | 3 | 2,580 | $942 | 0.7 mi |
B 5410 E DAHLIA Drive Active | $2,675,000 List Price | 5 | 4 | 3,852 | $694 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive, high-end modern farmhouse renovation within the last 5 years, effectively bringing the 1977 structure to current luxury standards. The interior features a designer kitchen with custom cabinetry and premium stainless steel appliances, modern light fixtures, and updated flooring throughout. The outdoor living space is equally impressive with new pavers, a contemporary pool area, and a fully renovated detached guesthouse.
The property features a 580 sq ft detached guesthouse with its own garage, providing exceptional versatility for multi-generational living, a private home office, or high-end guest accommodations.
This modern farmhouse boasts soaring ceilings and a designer kitchen with custom cabinetry and premium appliances, offering a sophisticated, light-filled interior that meets contemporary luxury standards.
Situated in the 'magical' 85254 zip code, the home offers proximity to Kierland Commons and Scottsdale Quarter, while benefiting from top-rated schools with ratings of 8/10.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3976, other record living area = 3416.
Despite the extensive renovations, the core structure was built in 1977, which may lead to buyer concerns regarding the age of underlying plumbing and electrical systems.
At a list price of $2.9 million, the property is positioned at the high end of the local market, potentially facing stiff competition from newer luxury builds in the surrounding area.
Scottsdale Modern Farmhouse with Soaring Ceilings in the magical zip code 85254 Welcome to 5402 E. Corrine Dr, A beautifully renovated modern farmhouse, offering just under 4,000 sq ft of light filled living space. The home's soaring ceilings and open concept layout create an impressive since of space, with a bright great room flowing seamlessly into a designer kitchen with custom cabinetry, premium appliances and a large entertaining island The split floor plan provides privacy with a luxurious primary suite and a versatile den that can serve as a 5th bedroom or office. A detached 580 sq ft guesthouse with a 3rd garage offers flexibility for guests, work, or multi-generational living. Located minutes from Kierland Commons Scottsdale Quarter, golf, dining, and top schools. This home delivers space, style and one of Scottsdale's most desirable locations.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 2.0 | 98% |
| Square foot | 3,976 | 2,221.5 | 95% |
| Lot Size | 15,533 | 10,250.5 | 80% |
| Price | $2.90M | $705.0K | 97% |
| Price per sq ft | $729 | $367 | 97% |
| Built year | 1977 | 1984 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 2218 | 0% |
Feb 16, 2026
$2,900,000
Initial Listing