7500 E MCCORMICK Parkway 3, Scottsdale, AZ 85258, Scottsdale, 85258 - 3 bed, 3 bath
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Scottsdale, AZ 85258
This Spanish Colonial Villa is a Strong Value Opportunity, listed at $1,400,000—positioned well below the $1,580,697 Fair Market Value by 11%. This valuation gap offers $180,697 in Instant Equity. With a Condition Rating of 3, the home features recent HVAC and roof upgrades, plus a premium golf course lot with Camelback Mountain views. Located in the prestigious McCormick Ranch, it offers access to top-rated schools like Cochise Elementary. This is an ideal acquisition for Owner-Occupants or discerning buyers seeking a turnkey, high-amenity lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7500 E MCCORMICK Parkway 3 Subject | $1,400,000* List Price | 3 | 3 | 2,938 | $538 | - |
A 7610 E GILA BEND Road Sold | $1,425,000 | 3 | 3 | 2,608 | $546 | 0.5 mi |
B 7783 E SPANISH OAKS Drive Sold | $1,060,000 | 3 | 2 | 1,813 | $585 | 0.4 mi |
C 7646 E MIAMI Road Pending | $1,199,000 List Price | 3 | 3 | 2,608 | $460 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property has been well-maintained with an updated kitchen and baths. Major systems including the HVAC and roof are less than 5 years old, and the interior features modern closet built-ins and move-in ready finishes.
Elementary School: Cochise Elementary School (9/10).
Situated on a premium lot overlooking The Palms Course, this residence offers exceptional views and immediate access to the prestigious McCormick Ranch lifestyle.
The property features a newer roof and HVAC system installed within the last five years, along with updated kitchen and bathrooms, significantly reducing near-term capital expenditure for the buyer.
The association fee of $790 per month is substantial, which may impact the overall affordability and appeal for buyers sensitive to high recurring non-mortgage expenses.
Built in 1979, the Spanish Colonial aesthetic and Saltillo tile flooring may feel dated to modern buyers specifically seeking contemporary or minimalist luxury finishes.
Spanish Colonial villa by Geoffrey Edmunds on a premium golf course lot overlooking The Palms Course. This block-constructed residence offers 3 bedrooms plus a den, 3 full baths, including a desirable first-floor bedroom. Pride of ownership shines throughout with Saltillo tile flooring, updated kitchen and baths, plus newer HVAC and roof within the past five years. Enjoy a spacious covered patio, private courtyard, and beautifully appointed garage with epoxy flooring. Colonia Encantada amenities include a clubhouse with fitness center, 2 heated pools and spa, two tennis courts, an off-leash dog park, and 24-hour manned gate. Ideally located in Central Scottsdale's McCormick Ranch, moments from miles of walking and biking paths, 2 championship golf courses, lakes, Camelback Mountain views
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades PK-6 • 2.1 mi
Grades PK-5 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,938 | - |
| Lot Size | 5,614 | - |
| Price | $1.40M | $586.7K |
| Price per sq ft | $477 | $402 |
| Built year | 1979 | 0 |
| HOA | $790 | $0 |
| Days on market | 23 | 2386 |
Jun 30, 2026
$1,400,000
Initial Listing