6609 E CALLE REDONDO Street, Scottsdale, AZ 85251, Scottsdale, 85251 - 4 bed, 5 bath
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Scottsdale, AZ 85251
This Shovel-Ready Luxury Development Site is a Strong Value Opportunity, listed at $1,600,000—positioned well below the $1,724,193 Fair Market Value by 7%. This valuation gap offers $124,193 in Instant Equity for buyers. Located in prestigious Arcadia Proper, the fully permitted plans feature a 3,400 sq ft main residence, a 900 sq ft casita, and mountain views. With a Tear-Down Condition Rating, this project bypasses municipal delays near top-rated Hopi Elementary, making it a high-upside acquisition for Custom Home Seekers or Boutique Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6609 E CALLE REDONDO Street Subject | $1,600,000* List Price | 4 | 5 | 3,400 | $507 | - |
A 6822 E 6TH Street Sold | $1,150,000 | 3 | 3 | 2,059 | $559 | 0.4 mi |
B 3538 N PUEBLO Way Pending | $1,264,000 List Price | 3 | 4 | 2,777 | $455 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is listed as a 'to-be-built' and 'shovel-ready' project, meaning the current 1958 structure is intended for demolition. The provided images are architectural renderings rather than photos of an existing home. As the value is based on the land and permitted plans for a future build, the current physical condition is classified as a tear-down.
The property is fully permitted and shovel-ready in the prestigious Arcadia Proper neighborhood, allowing the buyer to bypass the lengthy and complex municipal approval process.
The plans include a 3,400 sq ft main home and a separate 900 sq ft casita with a kitchenette, providing an ideal solution for multi-generational living or high-end guest accommodations.
Designed by notable architect Matt Thomas, the residence features luxury elements such as vaulted ceilings, a gourmet scullery, and mountain views, ensuring high future resale value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3400, other record living area = 1655.
The listing is for a 'to-be-built' property; the buyer must secure their own builder and provide substantial additional capital to complete the construction beyond the land purchase price.
With 4,300 total square feet of living space plus a 3-car garage on a 9,722 sq ft lot, the building footprint is large, which may result in limited outdoor yard or pool space.
FULLY PERMITTED AND SHOVEL-READY in Arcadia Proper! Designed by notable architect Matt Thomas and Nomad Studios, this to-be-built property was thoughtfully created for an end user and is fully permitted through the city of Scottsdale. The 3400 sq feet main home features soaring vaulted ceilings in the living space, a gourmet chef's kitchen with walk in scullery, an entertainers hang out, and a spacious primary suite on the first floor with a tandem 3-car garage. The second level features 2 en suite bedrooms and a versatile gaming loft. An additional 900 sq ft. sq ft casita includes an open living area with a kitchenette and a separate suite. Perfect for multi-generational living in the most desirable of locations. Your Arcadia dream home is within reach - Just bring your builder!
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 3,400 | 1,877 | 93% |
| Lot Size | 9,722 | 7,740.5 | 76% |
| Price | $1.60M | $682.5K | 85% |
| Price per sq ft | $471 | $403 | 70% |
| Built year | 1958 | 1960 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 2095 | 1% |
Mar 19, 2026
$1,600,000
Initial Listing