5525 E KAREN Drive, Scottsdale, AZ 85254, Scottsdale, 85254 - 3 bed, 2 bath
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Scottsdale, AZ 85254
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $910,000—positioned well below the $939,684 Fair Market Value by 3%. This valuation gap provides $29,684 in Instant Equity. With a Condition Rating of 3, the home features a modernized kitchen, wood-look flooring, and a private pool on a prime corner lot. Located near Horizon High School, this property offers a blend of lifestyle comfort and financial stability, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5525 E KAREN Drive Subject | $875,000* List Price | 3 | 2 | 2,258 | $381 | - |
A 5737 E NISBET Road Sold | $690,000 | 4 | 2 | 1,846 | $374 | 0.3 mi |
B 5936 E EVERETT Drive Sold | $850,000 | 3 | 2 | 1,903 | $447 | 0.6 mi |
C 5444 E KINGS Avenue Sold | $910,000 | 3 | 3 | 2,152 | $423 | 0.8 mi |
D 14262 N 50TH Street Sold | $785,000 | 4 | 2 | 2,673 | $294 | 0.9 mi |
E 5219 E WINCHCOMB Drive Sold | $850,000 | 3 | 2 | 2,016 | $422 | 0.7 mi |
F 6245 E BLANCHE Drive Sold | $750,000 List Price | 3 | 2 | 2,038 | 0.9 mi | |
G 15640 N 55TH Street Sold | $980,000 | 3 | 2 | 2,102 | $466 | 0.3 mi |
H 5457 E KAREN Drive Active Under Contract | $899,999 List Price | 4 | 2 | 2,089 | $431 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1993, the property has undergone significant renovations within the 5-15 year range. The kitchen features updated custom cabinetry, quartz countertops, and stainless steel appliances. The home is well-maintained, move-in ready, and features modern flooring and a spa-like primary bathroom, elevating it from the 'fair' category despite its chronological age.
The property is situated on a prime corner lot with no HOA, offering homeowners greater flexibility, privacy, and potential for short-term rental opportunities in a highly desirable Scottsdale location.
The home features high-end finishes including a remodeled kitchen with quartz countertops, custom cabinetry, and stainless steel appliances, complemented by vaulted ceilings and wood-look flooring.
Designed for the Arizona lifestyle, the backyard includes a sparkling pool, built-in BBQ, and a covered patio, providing an excellent space for outdoor entertaining and relaxation.
At a price point of $910,000, the 3-bedroom configuration may be perceived as a lower value compared to other 4-bedroom residential options in the 85254 zip code.
Located only 0.12 miles from Horizon High School, the property is likely to experience significant traffic congestion and noise during school hours and major sporting events.
Home, sweet home! This stunning 3-bedroom home awaits you on a prime corner lot with a sparkling pool and no HOA! Inside, you'll find sizable living spaces ready to bring you joy, showcasing wood-look flooring, carpet in all the right places, soaring vaulted ceilings that make it feel even more spacious, abundant natural light, and a soothing palette. The family room boasts a fireplace to ensure cozy winter evenings, while the kitchen comes equipped with custom cabinetry, tile backsplash, quartz counters, SS appliances, and an island, perfect for casual meals. The owner's suite promises a good night's rest, offering a spa-like bathroom with an oversized dual-sink vanity and a separate shower & tub, plus a walk-in closet for effortless organization. The spacious home office could be a 4th bedroom. The backyard is complete with a covered patio, a built-in BBQ, and a refreshing pool to enjoy AZ weather! Hurry up and check it out!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,258 | - |
| Lot Size | 8,877 | - |
| Price | $875.0K | $1.25M |
| Price per sq ft | $388 | $475 |
| Built year | 1993 | 0 |
| HOA | $0 | $0 |
| Days on market | 42 | 2493 |
Jul 17, 2026
$875,000
$895,000
-2% Price Drop
Initial Listing
Jun 30, 2026
$895,000
$910,000
-2% Price Drop
Initial Listing
Jun 11, 2026
$910,000
Initial Listing