7224 E JENAN Drive, Scottsdale, AZ 85260, Scottsdale, 85260 - 5 bed, 3 bath
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Scottsdale, AZ 85260
This Value-Add Multi-Structure Estate presents a High-Potential Investment Opportunity with a List Price of $1,899,000, positioned fairly at its $1,899,000 Fair Market Value. Featuring a Condition Rating of 4, the property requires renovation to modernize its 1960s infrastructure and dated systems. However, the 39,656 sqft lot, Mountain Views, and versatile guest house with a pool and spa offer significant forced appreciation potential in the Cactus Corridor. This project is an ideal acquisition for Fix-and-Flip Investors or Luxury Developers seeking a high-upside redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7224 E JENAN Drive Subject | $1,899,000* List Price | 5 | 3 | 3,633 | $523 | - |
A 12624 N 72ND Place Sold | $1,460,000 | 4 | 3 | 3,162 | $462 | 0.5 mi |
B 13175 N 75TH Place Sold | $1,650,000 List Price | 4 | 3 | 2,726 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property is characterized by dated infrastructure and requires significant capital investment to modernize core systems and interior finishes. While the aerial images show the structures are maintained and functional, the property lacks recent comprehensive renovations, and the large lot remains largely unlandscaped, indicating it has not been updated to meet current luxury standards for the Scottsdale area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39656, living area = 3633.
Situated in the prestigious Cactus Corridor near Kierland Commons and Scottsdale Quarter, the property offers elite access to high-end shopping, dining, and major employment hubs.
The inclusion of a main residence, a guest house, and a converted pool house with a kitchenette provides exceptional flexibility for multi-generational living, a home office, or potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3633, other record living area = 1581.
Built in 1960, the property likely requires significant capital investment to modernize core systems and interior finishes to meet the expectations of today's luxury buyers.
With 5 bedrooms but only 3 bathrooms distributed across three separate structures, the layout may feel underserved and inconvenient for large families or hosting guests.
Single-level residence situated on a large lot in a prime Scottsdale location near Kierland and Scottsdale Quarter. The property features a main home with additional flexible living spaces, including a guest house and converted pool house with kitchenette and bathroom. North/south exposure, mature landscaping, and ample outdoor space offer strong potential for entertaining or future enhancements. Convenient access to dining, shopping, and major corridors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 89% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 3,633 | 2,229 | 89% |
| Lot Size | 39,656 | 8,806 | 88% |
| Price | $1.90M | $0 | 92% |
| Price per sq ft | $523 | $0 | 85% |
| Built year | 1960 | 1988 | 2% |
| HOA | $0 | $84 | 31% |
| Days on market | 98 | 2308 | 1% |
Jan 15, 2026
$1,899,000
Initial Listing