
Scottsdale, AZ 85254
This property presents a High-Potential Investment Opportunity with a List Price of $1,780,000, positioned above the $1,647,603 Fair Market Value. While the current structure carries a Condition Rating of 4, the 35,060-square-foot corner lot in the prestigious Cactus Corridor offers significant upside for a luxury rebuild. Surrounded by new construction in the $4-6 million range, this asset provides a rare canvas for high-end development. This is a strategic acquisition ideal for Luxury Home Builders or Speculative Investors seeking to capitalize on prime Scottsdale land.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6725 E CHOLLA Street Subject | $1,780,000* List Price | 5 | 4 | 3,631 | $454 | - |
A 6408 E Gary Road Pending | $1,320,000 List Price | 4 | 2 | 2,781 | $475 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1967 and features renovations that appear to be 15-25 years old (early 2000s style kitchen and built-ins). While the home is well-maintained and staged, the listing description explicitly markets it as a 'luxury residential rebuild' opportunity, indicating that the finishes are dated relative to the neighborhood's $4-6M price point.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35060, living area = 3631.
Situated in the prestigious Cactus Corridor and surrounded by $4-6 million new builds, this property offers exceptional equity growth potential through a luxury residential rebuild.
The rare 35,060-square-foot corner parcel provides a massive footprint and superior street presence for a custom estate or significant expansion.
Built in 1967, the existing home likely requires a full renovation or demolition to meet the luxury standards of the surrounding neighborhood.
The $1.78 million list price represents a high entry point for an investment property, requiring substantial additional capital for a modern luxury transformation.
Rare opportunity to own one of the few remaining large corner parcels in high demand Cactus Corridor. Property presents possibilities of a luxury residential rebuild or investment property in a great area. Surrounded by new builds in $4-6 million range.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,631 | - |
| Lot Size | 35,060 | - |
| Price | $1.78M | $1.25M |
| Price per sq ft | $490 | $475 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 2493 |
Jul 10, 2026
$1,780,000
Initial Listing