
Scottsdale, AZ 85258
This McCormick Ranch residence presents a High-Potential Investment Opportunity with a List Price of $845,000—positioned well below the $1,315,846 Fair Market Value by 35%. This significant valuation gap offers $470,846 in Instant Equity for buyers ready to modernize this original-owner home. Featuring solid block construction, a private swimming pool, and mountain views, the property is zoned for the top-rated Cochise Elementary School (9/10). While currently holding a Condition Rating of 4, its "great bones" and premier location provide a high ceiling for forced appreciation. This is an elite acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a high-equity project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7847 E VIA DE BELLEZA -- Subject | $845,000* List Price | 3 | 2 | 2,331 | $564 | - |
A 8644 E VIA DEL PALACIO -- Sold | $930,000 | 3 | 2 | 2,047 | $454 | 0.9 mi |
B 7023 N VIA NUEVA -- Sold | $884,500 | 3 | 2 | 1,941 | $456 | 0.2 mi |
C 7110 N VIA DE AMIGOS -- Sold | $798,900 List Price | 3 | 2 | 1,890 | 0.3 mi | |
D 8644 E VIA DEL PALACIO -- Sold | $930,000 | 3 | 2 | 2,047 | $454 | 0.9 mi |
E 8550 E VIA DE VIVA -- Pending | $950,000 List Price | 3 | 2 | 2,176 | $437 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is well-maintained but largely reflects its original era, particularly in the kitchen which features dated cabinetry and laminate countertops. While there are some notable updates—including a fully renovated modern bathroom with a walk-in shower and double vanity, as well as updated tile flooring and plantation shutters—the home is marketed as needing modernization and TLC to reach its full potential.
Elementary School: Cochise Elementary School (9/10).
Situated in one of Scottsdale's most desirable communities, the property offers immediate access to premier golf, scenic lakes, and miles of walking and biking trails.
The home features solid block construction and a desirable single-level floor plan, providing 'great bones' for buyers looking to renovate and add significant value.
As an original-owner home from 1979, the interior requires a full-scale renovation to meet contemporary aesthetic and functional standards.
The property is marketed as needing 'TLC,' suggesting that buyers should budget for potential upgrades to aging mechanical systems and infrastructure.
FAVORABLE PRICE ADJUSTMENT! Situated in the coveted McCormick Ranch community, this single-level, 2,331 sq ft home offers an exceptional opportunity for buyers seeking a well-loved property ready for its next chapter. With great bones, solid block construction, & a classic floor plan, this home invites your vision, creativity, & TLC to bring it to it's full potential. Inside, you'll find 3 bedrooms, 2 baths, a spacious living rm, formal dining rm, and a warm, inviting family room anchored by a traditional wood-burning fireplace. The kitchen opens to the family room, creating a layout ideal for everyday living & future updates. An attached 2-car garage adds convenience, while the private backyard--with its sparkling swimming pool--offers a wonderful foundation for outdoor enjoyment and renovation possibilities. Lovingly maintained by its original owner, this home is ready for modernization and personalization, making it a rare chance to create something truly special in one of Scottsdale's most desirable neighborhoods. McCormick Ranch residents enjoy access to golf, scenic lakes, miles of walking and biking paths, and close proximity to premier Scottsdale dining, shopping, arts, and entertainment. Opportunities like this--location, potential, and value--don't come along often.
No exterior & parking available.
Grades PK-6 • 1.7 mi
Grades PK-5 • 2.3 mi
Grades PK-5 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 2,331 | 2,422.5 | 43% |
| Lot Size | 7,771 | 9,977.5 | 27% |
| Price | $845.0K | $842.5K | 50% |
| Price per sq ft | $363 | $419 | 46% |
| Built year | 1979 | 1983 | 37% |
| HOA | $265 | $222 | 67% |
| Days on market | 19 | 2114 | 1% |
Apr 3, 2026
$845,000
Initial Listing