
Scottsdale, AZ 85254
This Value-Add Scottsdale Redevelopment Asset is listed at $789,000, currently priced above the $664,632 Fair Market Value to reflect the extreme scarcity of No HOA land in the 85254 zip code. The property holds a Poor Condition Rating and requires a complete renovation or teardown, yet the 10,500+ Sq Ft Lot and existing Private Pool provide a robust foundation for forced appreciation. Situated in Raskin Estates near Kierland Commons, this site offers immense potential for a high-end custom build. It is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6529 E CAMINO SANTO -- Subject | $789,000* List Price | 4 | 2 | 2,398 | $277 | - |
A 5819 E Redfield Road Sold | $792,500 | 4 | 3 | 2,200 | $360 | 1.0 mi |
B 6639 E VOLTAIRE Avenue Active Under Contract | $799,000 List Price | 4 | 2 | 2,123 | $376 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in original 1973 condition and requires a complete overhaul. Interior images show severely outdated kitchen and bathrooms, plastic sheeting on walls, and an empty, neglected pool. The listing explicitly states it is a value-add opportunity for remodel or new construction and requires cash or hard money, indicating it does not meet standard habitability for traditional financing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10579, living area = 2398.
Situated in the highly sought-after Raskin Estates near Kierland Commons and Scottsdale Quarter, offering immediate access to world-class dining, shopping, and major freeways.
The oversized 10,500+ square foot lot combined with a No HOA status provides maximum freedom for investors to execute a high-end remodel or pursue new construction.
The property is limited to cash or hard money buyers only, which significantly narrows the pool of potential purchasers by excluding traditional mortgage financing.
Sold in original 1973 condition and strictly 'as-is,' the home requires a complete overhaul or teardown, necessitating significant additional capital investment beyond the purchase price.
Value-add opportunity in Raskin Estates. This original-condition 2,398 sq ft home with a Pool sits on a 10,500+ lot in one of Scottsdale's most in-demand neighborhoods with No HOA. Located near Kierland, Scottsdale Quarter, top dining, golf, and freeway access. Ready for investor remodel or new construction. Cash or hard money only. Property to be sold AS-IS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,398 | 2,221.5 | 59% |
| Lot Size | 10,579 | 10,250.5 | 56% |
| Price | $789.0K | $705.0K | 56% |
| Price per sq ft | $329 | $363 | 47% |
| Built year | 1973 | 1984 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 2218 | 0% |
Apr 11, 2026
$789,000
Initial Listing