6117 E PALOMINO Lane, Scottsdale, AZ 85266, Scottsdale, 85266 - 5 bed, 3 bath
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Scottsdale, AZ 85266
This Spacious North Scottsdale Estate is a High-Potential Investment Opportunity, with a List Price of $1,100,000—positioned well below the $1,480,257 Fair Market Value by 25%. This significant valuation gap provides $380,257 in Instant Equity. While maintaining a Condition Rating of 4, the 3,960 sq ft interior offers a versatile floor plan and a private backyard with a Pebble Tec pool, spa, and mountain views. Proximity to Black Mountain Elementary and Cactus Shadows High ensures long-term desirability. This is an exceptional acquisition for Owner-Occupants looking to build wealth or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6117 E PALOMINO Lane Subject | $1,100,000* List Price | 5 | 3 | 3,960 | $374 | - |
A 34048 N 59TH Way Sold | $1,180,000 | 5 | 4 | 3,451 | $342 | 0.7 mi |
B 6018 E Coyote Wash Drive Active | $925,000 List Price | 5 | 3 | 3,657 | $253 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this property is well-maintained and move-in ready, but largely retains its original late-90s aesthetic. While the flooring in the main living areas appears to have been updated to a modern wood-look plank, the kitchen cabinetry, stone pillars, and light fixtures are dated. The home fits the 'fair' criteria as it is over 20 years old with major components showing signs of being outdated despite regular upkeep.
The property features a private backyard retreat complete with a Pebble Tec pool, spa, waterfall, and mountain views, perfectly suited for the Arizona lifestyle.
With nearly 4,000 sq ft and a downstairs bedroom, the layout provides excellent flexibility for multigenerational living, guests, or a dedicated home office.
Situated in a desirable North Scottsdale community, the home offers proximity to top-rated schools, world-class golf, and scenic hiking trails.
Built in 1999, the home may require cosmetic or mechanical updates to align with contemporary luxury standards and modern buyer preferences.
The expansive square footage combined with extensive outdoor water features will necessitate significant ongoing utility and upkeep expenses.
AMAZING HOME in the desirable La Buena Vida Estates community! This 5BD 3BA home offers nearly 4,000 sq ft of comfortable living space on a generous lot designed for both entertaining & everyday living. The functional floor plan features expansive living areas, fireplaces in the living & family rooms & a well-appointed kitchen w/abundant cabinetry & pantry storage. A downstairs bedroom provides flexible space for guests or multigenerational living. Step outside to enjoy the private backyard retreat w/covered patio, Pebble Tec pool & spa w/waterfall, & low-maintenance desert landscaping. 3-car garage & an excellent location near shopping, dining, golf, and hiking in North Scottsdale. All this & it's Priced to Sell! This one won't last!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 6-8 • 3.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,960 | 3,166 | 73% |
| Lot Size | 11,995 | 26,509 | 37% |
| Price | $1.10M | $1.03M | 51% |
| Price per sq ft | $278 | $382 | 40% |
| Built year | 1999 | 1999 | 50% |
| HOA | $106 | $283 | 16% |
| Days on market | 33 | 2562 | 1% |
Mar 20, 2026
$1,100,000
Initial Listing