
Scottsdale, AZ 85258
This Single-Level Patio Home represents a High-Potential Investment Opportunity, listed at $845,000—positioned well below the $1,066,902 Fair Market Value by 20%. This significant valuation gap provides $221,902 in Instant Equity. Boasting a Condition Rating of 3, the interior features cathedral beamed ceilings and a modernized kitchen, while the resort-style backyard offers a heated/chilled pool and putting green. Located in the prestigious McCormick Ranch near the 9/10 rated Cochise Elementary, it combines luxury amenities with mountain and lake views. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8466 E SAN BENITO Drive Subject | $845,000* List Price | 2 | 2 | 1,843 | $579 | - |
A 8540 E SAN BENITO Drive Sold | $875,000 | 3 | 2 | 1,997 | $438 | 0.1 mi |
B 8184 E DEL CUARZO Drive Sold | $845,000 | 3 | 2 | 2,136 | $396 | 0.3 mi |
C 8171 E DEL CAVERNA Drive Sold | $880,000 | 3 | 2 | 1,938 | $454 | 0.4 mi |
D 9040 N 86TH Place Sold | $665,000 | 2 | 2 | 1,667 | $399 | 0.2 mi |
E 8401 N 84TH Place Active | $1,025,000 List Price | 2 | 2 | 2,080 | $493 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant maintenance and selective updates. While built in 1982, the kitchen has been modernized with granite countertops and stainless steel appliances, and the flooring consists of well-maintained tile and carpet. The backyard is a standout feature with a custom heated/chilled pool and putting green that appear to be in excellent condition. The home retains some older architectural elements and cabinetry styles, preventing an 'excellent' rating, but it far exceeds the 'fair' category due to its high level of upkeep and premium outdoor amenities.
Elementary School: Cochise Elementary School (9/10).
Situated in the prestigious El Paseo community, this home offers unparalleled access to the Indian Bend Greenbelt's trails and scenic views of Camelback Mountain and Lake Margarite.
The private backyard features a rare heated and chilled custom pool, a putting green, and a hot tub, providing a luxury leisure experience seldom found in patio homes.
With only two bedrooms for over 1,800 square feet of living space, the property may have limited appeal for families or buyers requiring a dedicated home office or guest room.
Built in 1982, the home may require capital improvements or modernizing of core systems and cosmetic finishes to compete with newer luxury developments in the Scottsdale area.
Single Level Patio Home in the prestigious El Paseo community of McCormick Ranch. This quiet desired community of 143 homes borders the Indian Bend Greenbelt with bike and hiking paths and views of Camelback Mountain and Lake Margarite. Conveniently located between Old Town and Kierland there are a plethora of restaurants and activates. Minutes from Honor Health Hospital and The Mayo Clinic ensures access to medical services. The open floor plan with cathedral and beamed callings, fireplace and an open kitchen gives it a spacious and airy feeling. Primary bedroom has large master bath, closet, and walkout patio. The backyard includes a heated/chilled, custom pool, putting green and hot tub with covered patio. The property offers a desirable combination of tranquil and precious community.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 2.5 mi
Grades PK-6 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,843 | 1,997 | 26% |
| Lot Size | 657 | 4,297 | 21% |
| Price | $845.0K | $808.5K | 51% |
| Price per sq ft | $458 | $419 | 62% |
| Built year | 1982 | 1982 | 50% |
| HOA | $125 | $319 | 6% |
| Days on market | 58 | 2024 | 1% |
Feb 24, 2026
$845,000
Initial Listing