8201 E Malcomb Drive, Scottsdale, AZ 85250, Scottsdale, 85250 - 4 bed, 2 bath
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Scottsdale, AZ 85250
This property presents a High-Potential Investment Opportunity with a List Price of $699,999—positioned well below the $724,433 Fair Market Value by 3%. This valuation gap offers $24,434 in Instant Equity. Featuring a Fair Condition Rating (1967 build), the home requires modernization, yet the oversized 9,616-square-foot lot with a private pool and mountain views provides significant upside. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation in a prime Scottsdale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8201 E Malcomb Drive Subject | $669,000* List Price | 4 | 2 | 1,879 | $377 | - |
A 8352 E LAS ESTANCIAS Street Sold | $750,000 | 2 | 2 | 2,265 | $331 | 0.6 mi |
B 8220 E MONTEBELLO Avenue Pending | $785,000 List Price | 4 | 2 | 1,997 | $393 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, this property is functional but significantly dated. The kitchen features older wood cabinetry, laminate countertops, and a drop-ceiling with fluorescent lighting that likely exceeds 30 years in age. While the flooring has seen some updates, the presence of popcorn ceilings and original-style fixtures indicates the home needs modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9616, living area = 1879.
Situated in the highly desirable Park Scottsdale neighborhood, the property offers exceptional proximity to Old Town, the Scottsdale Greenbelt, and top-tier dining and shopping.
The oversized 9,616-square-foot lot features a private pool and mountain views, providing a rare level of space and scenery for the area.
Built in 1967 and described as 'classic,' the home likely requires cosmetic or mechanical updates to align with contemporary luxury expectations.
Given its age and original charm, buyers should anticipate additional investment for modernizing the 1,879-square-foot floor plan to maximize its value.
Opportunity knocks in one of Scottsdale's most sought-after neighborhoods! Situated on an oversized 9,616-square-foot corner lot in Park Scottsdale, this well-maintained single-level home offers approximately 1,879 square feet of living space and endless potential to make it your own. Featuring a functional floor plan, spacious living areas, and a private backyard with a sparkling pool, this home is the perfect canvas for your dream renovation. Whether you're looking to modernize, personalize, or invest, the possibilities are endless. The unbeatable location is what truly sets this property apart. Just minutes from Old Town Scottsdale, Scottsdale Fashion Square, the Scottsdale Greenbelt, spring training, world-class golf, dining, shopping, and easy access to Loop 101, you'll enjoy (c everything that makes Scottsdale one of Arizona's most desirable places to live. With no HOA, a generous lot, and incredible upside, this is a rare opportunity to purchase in an established neighborhood where renovated homes continue to command premium prices. Bring your vision and unlock the full potential of this Scottsdale gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,879 | - |
| Lot Size | 9,616 | - |
| Price | $669.0K | $1.25M |
| Price per sq ft | $356 | $475 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 2493 |
Jul 16, 2026
$669,000
$699,999
-4% Price Drop
Initial Listing
Jul 8, 2026
$699,999
Initial Listing