
Scottsdale, AZ 85250
This property presents a Strong Value Opportunity with a List Price of $765,000—positioned well above the $699,524 Fair Market Value by -9%. While the price reflects a premium for the 11,007-sq-ft lot and No HOA status, the Fair Condition Rating indicates a need for modernization. The expansive lot offers significant development potential for an ADU or custom expansion. This is a strategic Value-Add Asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8332 E VALLEY VIEW Road Subject | $765,000* List Price | 3 | 2 | 1,380 | $507 | - |
A 7713 E Luke Lane Sold | $600,000 | 3 | 2 | 1,290 | $465 | 0.8 mi |
B 8231 E VALLEY VIEW Road Sold | $760,000 | 3 | 2 | 1,888 | $403 | 0.1 mi |
C 7731 E ROSE Lane Sold | $860,000 | 3 | 2 | 1,864 | $461 | 0.9 mi |
D 8613 E ORANGE BLOSSOM Lane Active Under Contract | $575,000 List Price | 3 | 2 | 1,380 | $417 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this 54-year-old home has been well-maintained by the original owner but is dated. The kitchen and bathrooms show cosmetic updates (painted cabinets, newer countertops, and stainless appliances) likely from 10-15 years ago, but the property retains older features like popcorn ceilings and fluorescent light boxes. It is functional and move-in ready but requires 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 = 11007, living area = 1380.
The oversized 11,007-sq-ft lot combined with a No HOA status offers limitless potential for expansion, building a custom dream home, or adding a guest casita/ADU.
Situated at the end of a quiet cul-de-sac, the property provides enhanced privacy and desirable front-yard mountain views in a highly sought-after Scottsdale neighborhood.
The property is sold in as-is condition, which likely necessitates a significant additional budget for modernizing the 1970s-era interior and systems.
At 1,380 square feet, the current list price reflects a high cost per square foot, placing heavy emphasis on land value rather than the existing living area.
NEW PRICE ,RARE SCOTTSDALE OPPORTUNITY - MOTIVATED SELLER! Situated at the end of a quiet cul-de-sac on an expansive 11,007-sq-ft lot, this property is priced for immediate interest. With NO HOA, the potential is limitless--expand, build a custom dream home, or add a casita/ADU. Enjoy front-yard mountain views from a prime location meticulously maintained by the original owner. Whether you are an investor or looking to build equity, this oversized lot is the canvas you've been waiting for. Bring your vision and your offers today! Sold as-is.
No exterior & parking available.
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 | 1,380 | 2,100 | 6% |
| Lot Size | 11,007 | 7,541 | 86% |
| Price | $765.0K | $650.0K | 66% |
| Price per sq ft | $554 | $381 | 86% |
| Built year | 1970 | 1966 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 1820 | 3% |
May 8, 2026
$765,000
$805,000
-5% Price Drop
Initial Listing
Apr 28, 2026
$805,000
Initial Listing