
Scottsdale, AZ 85258
This Single Family Residence is a Strong Value Opportunity, listed at $895,000—positioned well below the $903,207 Fair Market Value by 0.91%. This valuation gap offers $8,207 in Instant Equity. The property maintains a Condition Rating of 4, offering a solid foundation for cosmetic updates to modernize its 1979 architecture. Located in the guard-gated Spanish Oaks, it features a scenic lake view and access to top-rated schools like Cochise Elementary. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7822 E SORREL WOOD Court Subject | $895,000* List Price | 3 | 2 | 1,835 | $492 | - |
A 7789 E STALLION Road Pending | $1,100,000 List Price | 3 | 3 | 2,294 | $480 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1979 (47 years old). While the listing describes it as 'beautifully maintained' and the exterior/grounds appear in good condition, the lack of mention of a recent major renovation suggests the kitchen, bathrooms, and systems are likely dated (>20 years old), requiring cosmetic or functional updates to meet modern standards.
Elementary School: Cochise Elementary School (9/10).
Situated in the prestigious Spanish Oaks community of McCormick Ranch, this property offers high-end security and immediate access to scenic lakes, golf courses, and extensive walking trails.
The home features a sought-after single-story floor plan on a quiet cul-de-sac, boasting an open interior with abundant natural light and seamless indoor-outdoor living spaces.
Built in 1979, the home may require modernization of major systems or interior finishes to meet the contemporary luxury standards expected at this price point.
With a lot size of under 5,000 square feet, the outdoor space is relatively limited, which may be a drawback for buyers seeking a large private yard or expansive garden.
Experience the best of McCormick Ranch living in this single level home in the prestigious guard gated community of Spanish Oaks. Situated on a quiet cul-de-sac this beautifully maintained 3-bedroom, 2-bath residence offers the perfect blend of privacy, comfort, and lakeside living. Enjoy peaceful mornings and relaxing evenings just steps from the heated community pool, and the scenic lake, surrounded by lush landscaping and the tranquil beauty that makes Spanish Oaks one of McCormick Ranch's most sought-after communities. This home offers an open floor plan with abundant natural light and seamless indoor-outdoor living. This ideal location is walking distance to McCormick Ranch's walking and biking paths, golf courses, lakes, restaurants , shopping and everything McCormick Ranch offers!
No exterior & parking available.
Grades PK-5 • 1.7 mi
Grades PK-6 • 2.1 mi
Grades PK-5 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,835 | - |
| Lot Size | 4,904 | - |
| Price | $895.0K | $1.25M |
| Price per sq ft | $488 | $475 |
| Built year | 1979 | 0 |
| HOA | $345 | $0 |
| Days on market | 35 | 2493 |
Jun 18, 2026
$895,000
Initial Listing