8208 E SHEA Boulevard, Scottsdale, AZ 85260, Scottsdale, 85260 - 3 bed, 2 bath
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Scottsdale, AZ 85260
This Redevelopment Asset represents a High-Potential Investment Opportunity with a List Price of $1,399,000, matching its $1,399,000 Fair Market Value. The property currently holds a Poor Condition Rating, as the 1963 structure is positioned as a teardown to capitalize on the expansive 1-acre lot and Mountain Views. With Commercial Re-zoning Potential and access to top-tier schools like Cochise Elementary (9/10), the site offers massive upside for a custom estate or strategic development. This acquisition is ideal for Fix-and-Flip Investors or Luxury Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8208 E SHEA Boulevard Subject | $1,399,000* List Price | 3 | 2 | 2,273 | $615 | - |
A 8224 E GARY Road Sold | $1,590,000 | 4 | 3 | 2,633 | $604 | 0.4 mi |
B 8224 E GARY Road Sold | $1,590,000 | 4 | 3 | 2,633 | $604 | 0.4 mi |
C 8426 E PARADISE Drive Sold | $1,455,000 | 4 | 3 | 2,480 | $587 | 0.9 mi |
D 8226 E SHEA Boulevard Active | $1,275,000 List Price | 3 | 2 | 2,284 | $558 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and marketed as an 'As-Is' redevelopment opportunity, the property is in poor condition relative to modern standards. The kitchen features dated 1980s-style cabinetry, mismatched appliances, and aged tile flooring. The listing and property analysis explicitly suggest the home is a candidate for a complete remodel or teardown, with the primary value being the one-acre lot.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43457, living area = 2273.
Elementary School: Cochise Elementary School (9/10).
The expansive 1-acre lot with no HOA offers rare flexibility for building a custom luxury estate or exploring potential commercial re-zoning in a high-demand Scottsdale corridor.
The existing 1963 structure is sold in as-is condition, suggesting the property is primarily a land-value play that will require a complete remodel or teardown.
Situated on Shea Boulevard, a major arterial road, the property may experience significant traffic noise, which could impact the privacy and tranquility expected of a luxury residence.
Nestled in the heart of Scottsdale, this expansive lot—1 acre in size—presents a rare opportunity to build your dream home or explore potential commercial re-zoning options. Situated in a peaceful neighborhood with no HOA, this property offers both privacy and flexibility. Enjoy unparalleled convenience just minutes from world-class shopping, dining, and entertainment, with easy access to the 101 freeway, top-rated Scottsdale schools, golf courses, and parks. Whether you envision a custom luxury residence or a strategic investment, this prime location provides endless possibilities. Property Sold As-Is, ideal for investors, builders, or developers. Don't miss this unique opportunity in one of Scottsdale's most sought-after areas!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,273 | 2,229 | 53% |
| Lot Size | 43,457 | 8,806 | 92% |
| Price | $1.40M | $0 | 86% |
| Price per sq ft | $615 | $0 | 93% |
| Built year | 1963 | 1988 | 2% |
| HOA | $0 | $84 | 31% |
| Days on market | 191 | 2307 | 8% |
Oct 13, 2025
$1,399,000
Initial Listing