
Scottsdale, AZ 85258
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,600,000—positioned well below the $1,639,830 Fair Market Value by 2%. This valuation gap offers $39,830 in Instant Equity. Featuring a 0.6-acre lot, owned solar, and a fenced pool and spa, the home has a Condition Rating of 4, requiring modernization to reach its full potential. Located near Cochise Elementary (9/10), this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a premier McCormick Ranch property.
Property is moderate renovation needed.
Built in 1985, the property is over 35 years old and features dated interior finishes. While the kitchen has received mid-life updates like granite countertops and stainless steel appliances, the oak cabinetry, bathroom enclosures, and carpeting appear to be 20+ years old. The listing explicitly mentions the opportunity to update and personalize, confirming it needs modernization despite being functional and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26507, living area = 3295.
Elementary School: Cochise Elementary School (9/10).
Situated in one of Scottsdale's most prestigious master-planned communities, the property offers unparalleled access to scenic lakes, extensive biking trails, and top-tier amenities like Mountain View Park.
Built in 1985 and marketed as an opportunity to 'update and personalize,' the home likely requires a significant additional investment to bring the interior finishes up to contemporary luxury standards.
At a $1.6M price point, buyers may find the need for extensive renovations a deterrent compared to turnkey properties in the surrounding Scottsdale market.
Situated within the highly sought-after McCormick Ranch community, this spacious residence offers 3,295 square feet with 4 bedrooms, an office, and 3.5 bathrooms, all set on an oversized 0.6-acre lot. A paver stone circular driveway and generous covered front porch create a welcoming first impression. Thoughtfully designed with generous living spaces and a flexible floor plan, the home offers an excellent opportunity to update and personalize while creating a space that reflects your own style and vision. The kitchen features stainless steel appliances, granite countertops, abundant cabinetry, and plenty of prep space for everyday living and entertaining. The spacious primary suite features a well-appointed bathroom with a separate soaking tub and walk-in shower. An additional bedroom with an ensuite bathroom provides flexibility for guests, multigenerational living, or added privacy, while the dedicated office is ideal for working from home, studying, or pursuing hobbies. The expansive backyard offers endless possibilities for creating your ideal outdoor retreat. Enjoy a covered patio with a misting system, a fenced pool and spa, and ample space to add a fire pit, putting green, artificial turf, or additional outdoor entertaining areas. Owned solar adds energy efficiency and long-term savings. Residents of McCormick Ranch enjoy miles of scenic walking and biking paths, beautiful lakes, lush greenbelts, and neighborhood parks, along with convenient access to premier shopping, dining, golf courses, resorts, and the Loop 101. Just minutes away, Mountain View Park spans 30 acres and features basketball courts, two lighted tennis courts, three soccer fields, and a children's playground. Offering an exceptional location, a versatile floor plan, and outstanding potential to make it your own, this McCormick Ranch home presents a wonderful opportunity in one of Scottsdale's most desirable communities.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 2.8 mi
Grades PK-6 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,295 | - |
| Lot Size | 26,507 | - |
| Price | $1.60M | $1.25M |
| Price per sq ft | $486 | $475 |
| Built year | 1985 | 0 |
| HOA | $265 | $0 |
| Days on market | 22 | 2493 |
Jul 1, 2026
$1,600,000
Initial Listing