8027 E CORONADO Road, Scottsdale, AZ 85257, Scottsdale, 85257 - 3 bed, 2 bath
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Scottsdale, AZ 85257
This Renovated Scottsdale Residence is a Strong Value Opportunity, listed at $500,000—positioned well below the $533,461 Fair Market Value by 6%. This valuation gap provides $33,461 in Instant Equity. Boasting a Condition Rating of 3, the home features a modernized kitchen with stone countertops and a spacious primary suite. The expansive ~8,000 sq ft lot offers significant expansion potential in a rapidly transforming neighborhood near Old Town and the highly-rated Hohokam Traditional School. This is an ideal acquisition for Owner-Occupants seeking move-in ready comfort or Buy-and-Hold Investors targeting a high-demand growth district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8027 E CORONADO Road Subject | $489,000* List Price | 3 | 2 | 1,732 | $296 | - |
A 1379 N 86TH Way Sold | $575,000 | 3 | 2 | 1,668 | $345 | 0.8 mi |
B 8707 E OAK Street Sold | $530,000 | 3 | 2 | 1,848 | $287 | 0.8 mi |
C 7918 E Palm Lane Sold | $579,000 List Price | 3 | 2 | 1,747 | 0.2 mi | |
D 8060 E LEWIS Avenue Sold | $560,000 | 3 | 2 | 1,631 | $343 | 0.5 mi |
E 726 N 78TH Street Sold | $367,000 List Price | 3 | 2 | 1,370 | 0.9 mi | |
F 7802 E KIMSEY Lane Sold | $530,000 | 4 | 2 | 1,756 | $302 | 0.9 mi |
G 8640 E WILSHIRE Drive Pending | $560,000 List Price | 4 | 2 | 1,709 | $328 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1951, the property is move-in ready due to significant interior renovations. The kitchen is updated with dark wood cabinetry, stone countertops, and stainless steel appliances. The bathrooms have been modernized with large-format tile flooring and a spacious walk-in shower in the primary suite. The home features contemporary wood-look flooring, recessed lighting, and clean carpeting, indicating it has been well-maintained and updated within the last 10 to 15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7953, living area = 1732.
Situated in a rapidly transforming Scottsdale neighborhood surrounded by new construction, offering significant equity growth and appreciation potential.
Positioned as one of the most affordably priced homes in the area, providing an excellent entry point for investors or buyers looking for a value-add project.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With an original build date of 1951, the home likely requires significant updates or modernization to meet the standards of the surrounding new developments.
While the elementary school is well-rated, the assigned middle and high schools have lower performance scores, which may be a consideration for education-focused families.
Your opportunity to own in one of Scottsdale's most sought-after neighborhoods. This is currently one of the best-priced homes in the area, offering incredible upside potential. Surrounded by multiple new construction homes, this neighborhood is rapidly transforming, making it an ideal investment or primary residence. Enjoy a prime location with unbeatable access--just minutes from the growing energy along McDowell and walking distance to local favorites like Night Owl and Trevor's. The home offers over 1,700 square feet of living space on an expansive ~8,000 sq ft lot, providing plenty of room to live, expand, or reimagine. The primary suite features a spacious bathroom and a large walk-in closet. Don't miss this chance to get into a high-demand area with strong future growth.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,732 | 1,620 | 57% |
| Lot Size | 7,953 | 7,454 | 62% |
| Price | $489.0K | $562.5K | 40% |
| Price per sq ft | $282 | $343 | 38% |
| Built year | 1951 | 1960 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 1958 | 1% |
Apr 18, 2026
$489,000
$500,000
-2% Price Drop
Initial Listing
Mar 22, 2026
$500,000
Initial Listing