
Scottsdale, AZ 85258
This Stunning Waterfront Patio Home is a High-Potential Investment Opportunity, listed at $989,000—positioned well below the $1,020,706 Fair Market Value by 3%. This valuation gap offers $31,706 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, wood-look plank tile, and picturesque lake views. Located near top-rated schools like Cochise Elementary, this property offers a rare blend of luxury and stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a serene, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7814 N VIA DE FRONTERA -- Subject | $989,000* List Price | 2 | 2 | 1,954 | $522 | - |
A 7801 E San Carlos Road E Sold | $960,000 | 2 | 3 | 1,977 | $486 | 0.5 mi |
B 7783 E SPANISH OAKS Drive Sold | $1,060,000 | 3 | 2 | 1,813 | $585 | 0.4 mi |
C 8171 E DEL CAVERNA Drive Sold | $880,000 | 3 | 2 | 1,938 | $454 | 0.9 mi |
D 7500 E MCCORMICK Parkway 21 Sold | $1,100,000 | 2 | 2 | 2,230 | $493 | 0.6 mi |
E 7536 N VIA CAMELLO DEL SUR -- Active Under Contract | $950,000 List Price | 2 | 2 | 2,096 | $453 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but features a clear mid-life renovation (likely 5-15 years ago) including granite countertops, stainless steel appliances, and wood-look plank tile flooring. The property is well-maintained, functional, and move-in ready with updated kitchen and bath finishes.
Elementary School: Cochise Elementary School (9/10).
This rare property boasts a trifecta of waterfront, golf course, and Camelback/Mummy Mountain views, complemented by direct gated access to the McCormick Ranch greenbelt.
The home features high-end updates including a chef's kitchen with granite countertops, stainless steel appliances, a built-in wine cooler, and contemporary wood-look plank tile flooring.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1954, other record living area = 1890.
At nearly 2,000 square feet and a price point approaching $1M, the two-bedroom configuration may limit the buyer pool compared to three-bedroom homes in the same area.
Built in 1979, the property may require more frequent maintenance or future updates to major systems and structural components compared to newer construction in Scottsdale.
Waterfront, Golf Course & Camelback/Mummy Mountain View Single Level Patio Home in McCormick Ranch with direct gated access to the greenbelt! Quiet & Serene backyard with picturesque lake views! Waterfront Community Pool right down the street! Front & back covered patios with sitting areas & TV ready off back patio. Spacious foyer with skylight opens to a large Eat-In Kitchen including stainless appliances, granite counters, a built-in wet bar with wine cooler & formal dining area. Kitchen opens to a spacious fireplace family room with wood look plank floor tile & ceiling surround speakers. The master bedroom is split from the secondary bedroom, has a walk-in tiled shower & separate double granite vanity area with a large walk-in closet. Santa Fe View homes are all along Via De Frontera
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades PK-6 • 2.4 mi
Grades PK-5 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,954 | 2,048 | 35% |
| Lot Size | 4,538 | 4,213.5 | 55% |
| Price | $989.0K | $845.0K | 63% |
| Price per sq ft | $506 | $420 | 68% |
| Built year | 1979 | 1983 | 23% |
| HOA | $350 | $370 | 48% |
| Days on market | 10 | 1879 | 3% |
May 27, 2026
$989,000
Initial Listing