
Scottsdale, AZ 85258
This Value-Add Residential Asset represents a High-Potential Investment Opportunity, listed at $895,000—positioned above the $842,776 Fair Market Value. While requiring a full interior renovation due to its Condition Rating of 5, the property offers a rare, elevated waterfront location with panoramic golf course and mountain views. Situated near top-rated schools like Cochise Elementary (9/10) and offering direct access to the Indian Bend Green Belt, this home is a prime candidate for modernization. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a custom renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8013 E VIA DE VIVA -- Subject | $895,000* List Price | 2 | 2 | 1,890 | $446 | - |
A 7801 E San Carlos Road E Sold | $960,000 | 2 | 3 | 1,977 | $486 | 0.4 mi |
B 7512 N VIA CAMELLO DEL SUR -- Active | $899,900 List Price | 2 | 2 | 1,812 | $497 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 45 years old (built 1979) and explicitly described as being in 'nearly original interior condition' and 'awaiting renovation.' While the roof and HVAC (2017) have been maintained, the kitchen and bathrooms are over 30 years old without updates, meeting the criteria for a full interior rehab.
Elementary School: Cochise Elementary School (9/10).
This rare elevated waterfront lot offers premium panoramic views of the McCormick Ranch golf course, Camelback Mountain, and Mummy Mountain, providing some of the best sunset vistas in Scottsdale.
The property features direct gate access to the Indian Bend Walk/Bike path and Green Belt, making it an ideal 'lock and leave' residence for active owners.
The interior is in nearly original 1979 condition, meaning buyers will need to budget for a significant and costly full-scale renovation to meet modern luxury standards.
At nearly $900,000 for a two-bedroom townhouse requiring total modernization, the price point may be challenging for investors or buyers sensitive to total acquisition and renovation costs.
This Very Rare elevated waterfront home in the Santa Fe subdivision has a spectacular full backyard view overlooking the sprawling blue lake and rolling green fairways of the 15th hole at the McCormick Ranch golf course with Camelback Mtn and Mummy Mtn behind. The nightly Sunset Views are incredible. Never on the market for 48 years, this home is in nearly original interior condition awaiting your gorgeous renovation. Outside the gate is access to the paved Indian Bend Walk/Bike path and Green Belt. The foam roof was recoated w/warranty in July 2025. A/C is 2017. Golf course under renovation now. Create the perfect single level Scottsdale lock and leave with a view.
No exterior & parking available.
Grades PK-5 • 1.6 mi
Grades PK-6 • 2.3 mi
Grades PK-5 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,890 | - |
| Lot Size | 4,248 | - |
| Price | $895.0K | $586.7K |
| Price per sq ft | $474 | $402 |
| Built year | 1979 | 0 |
| HOA | $325 | $0 |
| Days on market | 21 | 2386 |
Jul 2, 2026
$895,000
Initial Listing
Dec 23, 1992
$235,000
Public Record