5677 E HEDGEHOG Place, Scottsdale, AZ 85266, Scottsdale, 85266 - 3 bed, 3 bath
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Scottsdale, AZ 85266
This Spacious Desert Retreat is a High-Potential Investment Opportunity, listed at $1,100,000—positioned well below the $1,324,146 Fair Market Value by 16%. This valuation gap provides $224,146 in Instant Equity for buyers. While maintaining a Condition Rating of 4, the residence features a functional split floor plan, a PebbleTec pool, and mountain views on an expansive 0.78-acre lot. Located in the prestigious gated Preserve community, it offers a rare entry-level price point with significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a high-equity asset in North Scottsdale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5677 E HEDGEHOG Place Subject | $1,100,000* List Price | 3 | 3 | 3,130 | $423 | - |
A 5851 E HEDGEHOG Place Sold | $1,325,000 | 4 | 4 | 3,622 | $366 | 0.3 mi |
B 5851 E HEDGEHOG Place Sold | $1,325,000 | 4 | 4 | 3,622 | $366 | 0.3 mi |
C 5740 E BENT TREE Drive Sold | $1,385,000 | 4 | 4 | 4,352 | $318 | 0.1 mi |
D 6455 E GREYTHORN Drive Sold | $1,075,000 List Price | 4 | 4 | 3,923 | 1.0 mi | |
E 5744 E HEDGEHOG Place Active Under Contract | $1,339,000 List Price | 4 | 4 | 3,622 | $370 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2000 (24 years ago) and appears to retain most of its original architectural features and finishes, placing it within the 'fair' age bracket. While the home shows clear pride of ownership and is move-in ready, the kitchen cabinetry, bathroom fixtures, and tile flooring reflect the styles of the early 2000s. Although it features some updates like stainless steel appliances and granite countertops, it has not undergone the extensive recent renovation required for a higher rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33935, living area = 3130.
As the lowest-priced residence in the prestigious gated community of The Preserve, this property offers a rare entry-level opportunity into a high-demand North Scottsdale neighborhood.
Situated on an oversized lot backing to expansive natural desert, the home provides superior privacy, stunning mountain views, and a desirable south-facing orientation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3130, other record living area = 3032.
Dating back to 2000, the interior may require cosmetic updates to the kitchen and bathrooms to meet the expectations of today's luxury buyers in this price point.
The combination of an expansive nearly 0.8-acre lot, a private pool, and monthly HOA fees implies higher-than-average ongoing maintenance and utility expenses.
Nestled within the highly sought-after gated community of The Preserve, this property offers an exceptional value as the lowest-priced home in the neighborhood-an outstanding opportunity to own in one of the area's premier communities. Ideally positioned on an oversized lot backing to expansive natural desert, the setting provides remarkable privacy along with beautiful south-facing views. The open split floor plan features 3 bedrooms plus a den/office and 2.5 baths, thoughtfully designed for both comfort and functionality. A spacious great room with a cozy gas fireplace flows seamlessly into the kitchen and main living areas, creating an inviting space for everyday living and entertaining. The backyard is a true retreat, highlighted by a large PebbleTec pool and generous outdoor space to relax or entertain while enjoying the Arizona sunshine. Additional highlights include a 3-car garage, quiet interior lot, and pride of ownership throughout. A rare combination of value, privacy, and resort-style living in one of North Scottsdale's most desirable gated communities. See virtual walk-through tour.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,130 | 3,096 | 51% |
| Lot Size | 33,935 | 26,550 | 60% |
| Price | $1.10M | $980.0K | 52% |
| Price per sq ft | $351 | $377 | 45% |
| Built year | 2000 | 1999 | 54% |
| HOA | $360 | $296 | 63% |
| Days on market | 42 | 2555 | 1% |
Mar 11, 2026
$1,100,000
Initial Listing