
Scottsdale, AZ 85254
This property represents a Strong Value Opportunity with a List Price of $1,200,000—positioned well below the $1,272,503 Fair Market Value by 5%. This valuation gap offers $72,503 in Instant Equity for buyers ready to overhaul the aging 1973 systems. Currently holding a Condition Rating of 5, the home is a "blank canvas" situated on an expansive 23,755 sqft lot in the sought-after 85254 zip code. This high-upside Value-Add Asset is perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7011 E DREYFUS Avenue Subject | $1,200,000* List Price | 3 | 2 | 2,143 | $594 | - |
A 12216 N 64TH Street N Sold | $1,350,000 | 3 | 2 | 2,152 | $627 | 0.9 mi |
B 6236 E CORRINE Drive Pending | $1,299,000 List Price | 4 | 2 | 2,110 | $616 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973, this 53-year-old property exceeds the 30-year threshold for a major rehab. The exterior displays dated architectural features (arched windows and original stucco), suggesting that the kitchen, bathrooms, and critical systems like HVAC and electrical are likely original or significantly aged and require a full renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23755, living area = 2143.
The property sits on a massive 23,755 sqft lot, providing rare privacy and significant potential for outdoor amenities, expansions, or a guest house.
Situated in the highly sought-after 85254 zip code, the home offers excellent proximity to premier shopping, dining, and top-rated schools.
Built in 1973, the residence likely requires significant modernization of its interior finishes and major mechanical systems to meet current luxury standards.
With a list price of $1.2M for 2,143 sqft, the valuation is heavily tied to the land, which may be a deterrent for buyers looking for a move-in-ready home at this price point.
Exceptional opportunity in Scottsdale. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,143 | 2,154 | 48% |
| Lot Size | 23,755 | 10,392 | 86% |
| Price | $1.20M | $0 | 77% |
| Price per sq ft | $560 | $0 | 83% |
| Built year | 1973 | 1983 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 2590 | 1% |
Apr 19, 2026
$1,200,000
Initial Listing