
Paradise Valley, AZ 85253
This property presents a High-Potential Investment Opportunity with a List Price of $2,490,000—positioned well below the $2,523,927 Fair Market Value by 1.3%. This valuation gap offers $33,927 in Instant Equity. Featuring a Fair Condition Rating and sold AS-IS, the home requires comprehensive modernization. However, the 1-acre lot with Mummy Mountain views, pool, and spa provides significant upside for forced appreciation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6402 E FANFOL Drive Subject | $2,490,000* List Price | 4 | 3 | 2,885 | $875 | - |
A 9302 N IRONWOOD Drive Pending | $2,465,000 List Price | 4 | 4 | 3,426 | $719 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) and sold 'AS-IS' with no evidence of significant renovations. The interior features heavily dated finishes, including original stone masonry, 1980s-style laminate built-ins, and visibly stained/worn carpeting. Given the age and 'lowest price' marketing for the area, the property likely requires a full rehab of all major systems and interiors.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43481, living area = 2885.
Positioned as the lowest-priced home on a full acre in Paradise Valley, this property offers a rare entry-level opportunity into one of Arizona's most prestigious and sought-after neighborhoods.
The one-acre corner lot provides stunning views of Mummy Mountain and includes horse privileges, offering significant land value and rare lifestyle flexibility for the area.
The home is being sold in as-is condition, which suggests the potential for deferred maintenance and the need for a buyer to budget for immediate repairs.
Built in 1970, the residence likely requires comprehensive interior and system modernizations to align with the contemporary luxury standards typical of Paradise Valley.
Lowest price home in Paradise Valley on an Acre!! 4 bed 3 bath home NO HOA! GREAT LOCATION! VIEW OF MUMMY MOUNTAIN! Beautiful acre corner lot with Desert Landscaping. Inner courtyard with Pool, Spa, Gazebo, Natural Gas Grill & Outdoor Fireplace. Gas Fireplace in Primary bedroom and living room. Great Family House w/ horse privileges. Sold AS-IS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,885 | - |
| Lot Size | 43,481 | - |
| Price | $2.49M | $4.62M |
| Price per sq ft | $863 | $1.1K |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 19 | 2902 |
Jul 3, 2026
$2,490,000
Initial Listing