
Scottsdale, AZ 85258
This Turnkey Modern Farmhouse is a High-Potential Investment Opportunity with a List Price of $2,395,000—positioned well below the $3,074,161 Fair Market Value by 22%. This significant valuation gap offers $679,161 in Instant Equity for the incoming buyer. Featuring a high-end renovation, quartz countertops, and a private pool, the property holds a Condition Rating of 2. Located in prime McCormick Ranch, it offers walkability to the greenbelt and the top-rated Cochise Elementary School (9/10). This listing is ideal for Owner-Occupants seeking a luxury sanctuary or Luxury Home Seekers looking for a high-equity acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8543 E SAN MARCOS Drive Subject | $2,395,000* List Price | 5 | 4 | 3,439 | $894 | - |
A 8324 N 82ND Place Sold | $2,200,000 | 4 | 4 | 3,513 | $626 | 0.7 mi |
B 8014 E Del Tesoro Drive Sold | $1,950,000 | 4 | 4 | 2,581 | $756 | 0.8 mi |
C 9402 N 83rd Court Active Under Contract | $2,295,000 List Price | 5 | 3 | 3,100 | $740 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end 'Modern Farmhouse' renovation within the last 5 years, featuring premium wood flooring, shaker cabinets, quartz countertops, and high-end appliances. The bathrooms are fully updated with modern tile wainscoting and designer fixtures, and all visible components meet current luxury standards with no deferred maintenance.
Elementary School: Cochise Elementary School (9/10).
Situated on one of the most desirable streets in McCormick Ranch, the property offers exceptional walkability to the greenbelt, lakes, and the top-rated Cochise Elementary School.
The 'Modern Farmhouse' redesign features premium finishes including wood flooring, quartz countertops, shaker cabinets, and high-end appliances, providing a turnkey luxury aesthetic.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3439, other record living area = 3283.
Despite the comprehensive cosmetic updates, the 1980 construction year may imply older underlying mechanical or structural systems that lack the efficiency of contemporary new builds.
At nearly $2.4 million, the property is positioned at a high price-per-square-foot for its vintage, which may face stiff competition from newer luxury developments in the Scottsdale area.
A Modern Farmhouse located on one of McCormick Ranch's most desirable streets. Wood flooring, tile wainscoting in all bath, butcher block kitchen island, quartz countertops, shaker cabinets, and high end appliances. A short walk to the greenbelt leading to Mountain View Park and Community center, Cochise Elementary and the lakes of McCormick Ranch. Walking distance from restaurants, coffee shops, bike rentals, fishing and much more. Agent owned.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 2.5 mi
Grades PK-6 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 3,439 | 2,427 | 88% |
| Lot Size | 11,749 | 9,989.5 | 70% |
| Price | $2.40M | $855.5K | 96% |
| Price per sq ft | $696 | $424 | 93% |
| Built year | 1980 | 1983 | 42% |
| HOA | $265 | $222 | 67% |
| Days on market | 25 | 2114 | 1% |
Mar 28, 2026
$2,395,000
Initial Listing