
Scottsdale, AZ 85254
This Remodeled Scottsdale Estate with Guest House is a Strong Value Opportunity, listed at $1,499,000—positioned well below the $1,579,432 Fair Market Value by 5%. This valuation gap secures $80,432 in Instant Equity. Boasting an Excellent Condition Rating, the property features a Quartzite Chef’s Kitchen, a rare Detached Guest House, and a Sparkling Pool on an expansive 14,409 sqft lot. Located near Top-Rated K-8 Schools, it perfectly balances luxury living with financial upside. This is an elite acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5537 E GRANDVIEW Road Subject | $1,399,000* List Price | 4 | 3 | 2,500 | $565 | - |
A 5253 E WALTANN Lane Sold | $1,500,000 | 4 | 2 | 2,079 | $722 | 0.6 mi |
B 5253 E WALTANN Lane Sold | $1,500,000 | 4 | 2 | 2,119 | $708 | 0.6 mi |
C 15613 N 54TH Street Sold | $1,288,000 | 4 | 3 | 2,427 | $531 | 0.5 mi |
D 15640 N 55TH Street Sold | $980,000 | 3 | 2 | 2,102 | $466 | 0.4 mi |
E 17246 N 56TH Way Sold | $1,275,000 | 3 | 3 | 2,653 | $481 | 0.6 mi |
F 17246 N 56TH Way Sold | $1,275,000 | 3 | 3 | 2,754 | $463 | 0.6 mi |
G 16801 N 55TH Street Pending | $1,290,000 List Price | 4 | 2 | 2,580 | $500 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive, high-end remodel that meets current luxury standards. The kitchen is a standout feature with quartzite countertops, top-of-the-line appliances, and modern cabinetry. The interior boasts wide-plank flooring, vaulted ceilings, designer light fixtures, and updated bathrooms. Although originally built in 1985, the extensive recent renovations to both the main house and the detached guest house, combined with impeccable maintenance and modern aesthetic, justify an excellent condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14409, living area = 2500.
The property features a rare 1-bedroom, 1-bathroom detached guest house with a kitchenette, providing excellent versatility for multi-generational living, a private home office, or guest accommodations.
The main residence boasts a comprehensive remodel including a chef's kitchen with quartzite countertops, top-tier appliances, and vaulted ceilings, offering a move-in-ready luxury experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 1980.
While the home is beautifully remodeled, the 1985 original construction date may imply that some core structural or utility components are nearing the end of their typical lifespan compared to newer builds.
Although the elementary and middle schools are highly rated at an 8, the assigned high school has a lower rating of 6, which may be a factor for education-focused buyers.
Now Priced to Sell - Exceptional Value for Fully Renovated Home in 85254 - Gorgeous expansive property features a fully remodeled single-story 3 bedroom/2 bath home and 1 bedroom/1 bath with kitchenette detached guest house. The main home features an open and functional floor plan with a designer kitchen, spacious living room, abundant natural light, and vaulted ceilings. The kitchen includes quartzite countertops, top of the line appliances, ample cabinet space, and a large island that opens to the living area. Check out the Upgrades/Features in Documents for all the amazing details. The home also features a stunning bar/pantry area, a formal dining room, and a separate laundry room with exterior yard access. The primary suite features beautiful French doors to the backyard as well as his and hers closets. The primary bath has dual sinks and a walk in shower. Additional bedrooms are well sized and ideal for family, guests, a home office, or flex space. The backyard features a covered patio, mature landscaping, a beautiful pool and large grass area with plenty of room to relax or entertain. This home is impeccably maintained, absolutely stunning, and move-in ready! Priced to reflect location while delivering unmatched quality and upgrades, this home presents a unique opportunity for buyers seeking style, condition, and value in one of Scottsdale's most desirable areas!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,500 | 2,221.5 | 66% |
| Lot Size | 14,409 | 10,250.5 | 78% |
| Price | $1.40M | $705.0K | 89% |
| Price per sq ft | $560 | $367 | 89% |
| Built year | 1985 | 1984 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 2218 | 0% |
Apr 18, 2026
$1,399,000
$1,499,000
-7% Price Drop
Initial Listing
Mar 19, 2026
$1,499,000
Initial Listing