6801 E PALM Lane, Scottsdale, AZ 85257, Scottsdale, 85257 - 3 bed, 2 bath
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Scottsdale, AZ 85257
This Scottsdale Fixer-Upper represents a High-Potential Investment Opportunity with a List Price of $685,000—positioned well below the $770,695 Fair Market Value by 11%. This valuation gap provides $85,695 in Instant Equity for buyers ready to modernize this Condition 5 Asset. Featuring a 1/4-acre corner lot, pebble tech pool, and owned solar panels, the property offers immense value-add potential near Old Town. This "diamond in the rough" is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6801 E PALM Lane Subject | $685,000* List Price | 3 | 2 | 1,976 | $390 | - |
A 6810 E ALMERIA Road Sold | $720,000 | 3 | 2 | 1,993 | $361 | 0.1 mi |
B 6810 E ALMERIA Road Sold | $720,000 | 3 | 2 | 1,993 | $361 | 0.1 mi |
C 2544 N 66TH Street Sold | $636,000 | 3 | 2 | 1,570 | $405 | 0.6 mi |
D 6814 E BELLEVIEW Street Sold | $550,000 | 4 | 2 | 1,703 | $323 | 0.5 mi |
E 2816 N 70TH Street Sold | $638,900 List Price | 3 | 2 | 2,024 | 0.8 mi | |
F 6538 E OAK Street Pending | $579,000 List Price | 3 | 2 | 1,504 | $385 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957 and marketed as a 'diamond in the rough,' the property requires substantial rehabilitation. The interior features heavily stained and worn carpeting, dated wallpaper, and an obsolete kitchen with aging appliances and cabinetry. While the exterior offers value with owned solar and a pebble tech pool, the living areas show significant physical depreciation and require a full renovation to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10067, living area = 1976.
Situated in the highly desirable 85257 zip code near Old Town Scottsdale, the property offers excellent proximity to world-class dining, shopping, and freeway access.
The home features owned solar panels and upgraded windows with plantation shutters, providing significant long-term savings on utility bills and enhanced climate control.
Marketed as a 'diamond in the rough,' this 1957-built home likely requires substantial cosmetic and functional updates to meet modern luxury standards.
Due to the property's age, buyers should anticipate potential costs associated with maintaining or replacing aging systems not covered by recent upgrades.
Wonderful find in Scottsdale 85257. Almost 2000 square feet 3-bedroom 2 bath home on 1/4-acre conner lot near Old Town Scottsdale. Refreshing pebble tech pool. Owned Solar panels for great utility bills. Upgraded windows with plantation shutters. Close to everything! Old town Scottsdale, Restaurants, shopping, freeway access and much more. This is a diamond in the rough.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,976 | 1,620 | 76% |
| Lot Size | 10,067 | 7,454 | 86% |
| Price | $685.0K | $575.0K | 65% |
| Price per sq ft | $347 | $345 | 50% |
| Built year | 1957 | 1960 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 1958 | 1% |
Mar 6, 2026
$685,000
Initial Listing