8625 E Citrus Way, Scottsdale, AZ 85250, Scottsdale, 85250 - 4 bed, 3 bath
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8625 E Citrus Way
Scottsdale, AZ 85250
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,643Sq Ft
14,336Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$925,956
13% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,050,000—positioned above the $925,956 Fair Market Value. While priced at a premium, the property offers significant upside through its 14,336 sq. ft. oversized lot and No HOA status, which is ideal for short-term rental income. With a Condition Rating of 4, the home requires modernization of its vintage 1966 infrastructure. This asset is best suited for Buy-and-Hold Investors or Value-Add Owner-Occupants looking to capitalize on a prime Scottsdale location.
Estimated Market Value
$925,956
Based on Realkey algorithm analyzing recent comparable sales in Scottsdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8625 E Citrus Way Subject 4 bd · 3 ba · 2,643 sqft · $350 | $1,050,000* List Price | 4 | 3 | 2,643 | $350 | - |
A 8338 E VALLEY VIEW Road Pending 3 bd · 2 ba · 2,278 sqft · $384 · 0.8 mi | $875,000 List Price | 3 | 2 | 2,278 | $384 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1966 with renovations (kitchen cabinetry and tile flooring) appearing to be 20+ years old. While the property is well-maintained with fresh paint and clean surfaces, the kitchen and bathrooms are dated and require modernization to meet current market expectations.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14336, living area = 2643.
- Investment Flexibility
The absence of an HOA in a prime Scottsdale location makes this property a rare find, offering significant freedom for homeowners and high potential for a lucrative short-term rental.
- Expansive Lot & Outdoor Living
Situated on nearly one-third of an acre, the oversized lot features a private vacation-style oasis with a swimming pool, covered patio, and paver seating areas, perfect for high-end entertaining.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1966, the property may require significant updates to major mechanical, electrical, or plumbing systems to meet modern efficiency and safety standards.
- Renovation Requirements
While the home features fresh paint, the million-dollar-plus price point may necessitate further capital investment in kitchen and bathroom modernizations to fully compete with renovated luxury comps in the area.
About 8625 E Citrus Way
A RARE FIND! NO HOA! Oversized Lot: Nearly One-Third of an Acre! Ideal short-term rental opportunity in the heart of Scottsdale! Enjoy multiple living spaces, including a welcoming living room, formal dining room, & separate family room with a cozy wood-burning fireplace. Fresh paint, ceiling fans, & abundant natural light create a warm, inviting atmosphere. The kitchen features ample cabinetry, a charming bay window, and a delightful breakfast nook. The spacious owner's retreat offers a private fireplace, walk-in closet, & ensuite bathroom with a tub/shower combo. Step outside to an oversized backyard with your own private vacation-style oasis. Perfect for entertaining, relaxing, or enjoying the Scottsdale lifestyle! Enjoy the covered patio, paver seating areas, and refreshing swimming pool--an ideal setting for outdoor entertaining, weekend gatherings, or simply soaking up the sunshine. This one-of-a-kind gem has everything you've ever dreamed of!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 14,336 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,643 | 2,608.685 |
| Lot Size | 14,336 | 10,404.073 |
| Price | $1.05M | $1.16M |
| Price per sq ft | $397 | $444 |
| Built year | 1966 | 1993 |
| HOA | $0 | $293 |
| Days on market | 11 | 82 |
Pricing History
Listed for Sale
Oct 13, 2026
$1,050,000
Initial Listing