
Scottsdale, AZ 85254
This Turn-Key Luxury Residence is a Strong Value Opportunity, listed at $1,400,000—positioned well below the $1,563,476 Fair Market Value by 10%. This valuation gap offers $163,476 in Instant Equity. Featuring a Condition Rating of 2, the property includes a Gourmet Kitchen and a Resort-Style Backyard with a Heated Pool and Spa. Located in the 85254 "Magic Zip Code" near North Ranch Elementary, this licensed Airbnb is ideal for Short-Term Rental Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5916 E SANDRA Terrace Subject | $1,000,000* List Price | 5 | 3 | 3,800 | $294 | - |
A 16018 N 62ND Way Sold | $1,050,000 List Price | 5 | 4 | 3,171 | 0.5 mi | |
B 16444 N 56TH Place Active | $1,175,000 List Price | 5 | 4 | 3,543 | $332 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1991, the property has undergone extensive recent renovations within the last 5 years to serve as a high-end, turn-key Airbnb. The interior features modern dark wood-look flooring, updated light fixtures, and plantation shutters. The gourmet kitchen and bathrooms have been fully remodeled with white shaker cabinetry, stone countertops, and premium fixtures, including a contemporary freestanding tub and glass-enclosed shower in the primary suite. The resort-style backyard with a heated pool, putting green, and Viking BBQ further confirms the property's top-tier condition.
Currently operating as a licensed and professionally staged Airbnb with a projected 15% annual yield, offering an immediate, high-performing revenue stream for investors.
Located in the highly sought-after 85254 zip code, providing proximity to Kierland Commons, Scottsdale Quarter, and TPC Scottsdale without the restrictions of an HOA.
The backyard is specifically designed for high-end guest experiences, featuring a heated pool and spa, putting green, Viking BBQ, and a fire pit to maximize rental demand.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
With nearly 3,900 sq ft of living space on an 8,149 sq ft lot, the outdoor area may feel crowded once the pool, putting green, and hardscaping are factored in.
Despite being marketed as turn-key, the furniture package is sold separately via a bill of sale, necessitating additional upfront capital to maintain the current business model.
Priced to move -- this home will not last. . All offers over $1,000,000 will be reviewed with the seller at 5:00 PM on Tuesday, April 14th. . Viewings strictly limited to open houses this Saturday and Sunday from 12:00 PM to 4:00 PM.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 2.0 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 3,800 | 2,221.5 | 94% |
| Lot Size | 8,149 | 10,215.5 | 18% |
| Price | $1.00M | $705.0K | 72% |
| Price per sq ft | $263 | $363 | 44% |
| Built year | 1991 | 1984 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 2218 | 0% |
Apr 15, 2026
$1,000,000
$1,400,000
-29% Price Drop
Initial Listing
Mar 6, 2026
$1,400,000
Initial Listing