8226 E SHEA Boulevard, Scottsdale, AZ 85260, Scottsdale, 85260 - 3 bed, 2 bath
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Scottsdale, AZ 85260
This Shovel-Ready Development Asset represents a High-Potential Investment Opportunity with a List Price of $1,275,000—positioned well below the $1,470,852 Fair Market Value by 13%. This valuation gap provides $195,852 in Instant Equity for buyers ready to complete the mid-construction project. Currently holding a Mid-Construction Condition Rating, the 1-acre, no-HOA lot includes city-approved plans for a luxury residence, sports courts, and mountain views. Located near 9/10 rated Cochise Elementary, this is a high-upside acquisition for Luxury Home Builders or Vacation Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8226 E SHEA Boulevard Subject | $1,275,000* List Price | 3 | 2 | 2,284 | $644 | - |
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 8208 E SHEA Boulevard Active | $1,399,000 List Price | 3 | 2 | 2,273 | $615 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is currently mid-construction and sold strictly as-is. It lacks a finished kitchen, bathrooms, flooring, and functional internal systems, making it uninhabitable in its current state and requiring substantial work to complete.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43551, living area = 2284.
Elementary School: Cochise Elementary School (9/10).
This rare 1-acre parcel features no HOA and comes with fully approved city plans for a 3,150 sq ft home, guest house, and extensive sports facilities, offering massive value for builders or investors.
The property is being sold strictly as-is and mid-construction, requiring a buyer with the immediate resources and expertise to manage a complex completion project.
Located on Shea Boulevard, a major thoroughfare, the property may experience higher noise levels and traffic volume compared to more secluded residential lots.
Discover an exceptional 1-acre parcel in the heart of Scottsdale at 8226 E. Shea Blvd - a rare, no HOA property offering privacy, flexibility, and tremendous potential. Currently mid-construction on a 3,150 sq ft fully permitted and approved home. Permits include full city approved lighted plan for sport courts, pickle ball court and ball field for the entire back of the 1 acre property. Septic system is already installed, inspected and approved. This offering is sold strictly as-is, making the true value in the expansive lot and the flexibility to add a carriage home, guest home and additional square footage. This offering is Ideal for discerning builders, or investors, or Vacation rental companies who want a Residential Resort Style home in their portfolio. The peaceful neighborhood setting provides serenity, while the location delivers unbeatable convenience: minutes from premier shopping, fine dining, entertainment, top-rated Scottsdale schools, golf courses, parks, and quick access to the loop 101 Freeway. This offering is sold strictly as-is, making the true value in the expansive lot and the flexibility to add the desired custom amenities, a carriage home, guest home, RV and collector car garage, and additional square footage***Seller has fully City of Scottsdale approved plans to build in documents section, along with septic approval***
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 2.1 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 | 2,284 | 2,229 | 53% |
| Lot Size | 43,551 | 8,806 | 92% |
| Price | $1.27M | $0 | 84% |
| Price per sq ft | $558 | $0 | 86% |
| Built year | 1959 | 1988 | 1% |
| HOA | $0 | $84 | 31% |
| Days on market | 62 | 2308 | 1% |
Feb 20, 2026
$1,275,000
Initial Listing