
Scottsdale, AZ 85258
This Renovation-Ready Scottsdale Residence represents a Prime Investment Opportunity, with a List Price of $1,150,000—positioned well below the $1,175,119 Fair Market Value by 2%. This valuation gap provides $25,119 in Instant Equity, with substantial upside to reach the neighborhood's $1.5M+ benchmark. Featuring a Condition Rating of 4, the home offers a Pebble-Tech Pool and a Private Atrium within the top-rated Cochise Elementary (9/10) zone. This Value-Add Asset is an elite acquisition for Fix-and-Flip Investors or Owner-Occupants seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7457 E TIMBERLANE Court Subject | $1,150,000* List Price | 3 | 3 | 2,481 | $474 | - |
A 8112 E VIA COSTA -- Sold | $1,220,000 | 4 | 2 | 2,654 | $460 | 1.0 mi |
B 8007 E DEL TESORO Drive Sold | $1,215,000 | 3 | 2 | 2,136 | $569 | 0.9 mi |
C 7369 E DEL ACERO Drive Sold | $1,150,000 | 3 | 3 | 2,564 | $449 | 0.1 mi |
D 7475 E WOODSHIRE Cove Pending | $1,100,000 List Price | 3 | 3 | 2,481 | $443 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is functional and maintained but largely outdated. While the kitchen has received some updates and the primary bathroom features vessel sinks and a steam shower, the cabinetry, flooring, and overall aesthetic reflect its original era. The listing explicitly markets the home as a renovation opportunity to reach the neighborhood's $1.5M+ standard, indicating that significant modernization is required.
Elementary School: Cochise Elementary School (9/10).
Situated in the prestigious Gainey Ranch and McCormick Ranch corridor, the property offers unparalleled access to championship golf, upscale shopping, and the upcoming 'Lakefront at Scottsdale' development.
Priced at $1.15M in a neighborhood where renovated homes command $1.5M+, this property presents a rare opportunity for investors or homeowners to build immediate equity through strategic upgrades.
While the kitchen has been updated, the 1979 interior requires significant additional investment and modernization to reach the high-end standards of the surrounding multi-million dollar estates.
With 54 days on the market and a recent price reduction from $1.2M, the property has shown some initial resistance, suggesting buyers may be cautious regarding the total cost of necessary improvements.
An exceptional opportunity awaits in one of Scottsdale's most coveted locations--where fully renovated homes in the neighborhood are commanding $1.5M+. This property offers the rare chance to create immediate equity while designing your dream home in the heart of the Gainey Ranch and McCormick Ranch corridor. Surrounded by miles of scenic walking and biking paths, championship golf courses, upscale shopping, and top-tier dining, this home places you right in the center of Scottsdale's premier lifestyle. Built by renowned Pennington, the residence showcases timeless Scottsdale architecture and sits on a desirable north/south-facing lot, complete with a sparkling pebble-tech diving pool--perfect for enjoying sunny Arizona days year-round. Inside, the light-filled floorplan is thoughtfully designed around a private outdoor atrium, creating a seamless indoor-outdoor feel while filling the home with natural light. The updated kitchen offers a great starting point, while the rest of the home presents an incredible opportunity to customize and elevate the space to your personal style. The spacious primary suite serves as a private retreat, featuring a flexible sitting area or home office, along with a spa-inspired bathroom complete with a steam shower. A versatile family room with a wet bar is currently being utilized as a fourth bedroom, offering flexibility to suit your needs. With the announcement of the new 'Lakefront at Scottsdale' this location will surely become even more appealing in the future. This is your chance to secure a home with upside and potential in a premier Scottsdale location--don't miss it.
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,481 | 2,427 | 53% |
| Lot Size | 8,307 | 9,977.5 | 32% |
| Price | $1.15M | $855.5K | 62% |
| Price per sq ft | $464 | $424 | 61% |
| Built year | 1979 | 1983 | 37% |
| HOA | $42 | $221 | 10% |
| Days on market | 59 | 2114 | 1% |
Apr 18, 2026
$1,150,000
$1,200,000
-4% Price Drop
Initial Listing
Feb 23, 2026
$1,200,000
Initial Listing