9045 N 86TH Place, Scottsdale, AZ 85258, Scottsdale, 85258 - 3 bed, 3 bath
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Scottsdale, AZ 85258
This Architectural Mid-Century Townhouse is a Prime Investment Opportunity listed at $885,000—positioned well below the $914,640 Fair Market Value by 3%. This valuation gap provides $29,640 in Instant Equity. Featuring a Rare Detached Casita, vaulted wood ceilings, and a Condition Rating of 4, the home offers immediate livability with significant upside through cosmetic modernization. Located in McCormick Ranch near the 9/10 Rated Cochise Elementary, it balances resort-style amenities with long-term appreciation. 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 |
|---|---|---|---|---|---|---|
★ 9045 N 86TH Place Subject | $885,000* List Price | 3 | 3 | 2,350 | $389 | - |
A 8171 E DEL CAVERNA Drive Sold | $880,000 | 3 | 2 | 1,938 | $454 | 0.6 mi |
B 8540 E SAN BENITO Drive Sold | $875,000 | 3 | 2 | 1,997 | $438 | 0.2 mi |
C 8925 N 83RD Street Sold | $755,000 | 3 | 2 | 1,997 | $378 | 0.4 mi |
D 9040 N 86TH Place Sold | $665,000 | 2 | 2 | 1,667 | $399 | 0.0 mi |
E 8166 E DEL CAVERNA Drive Active Under Contract | $725,000 List Price | 3 | 2 | 2,019 | $359 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with fresh interior paint and clean flooring, but it remains largely in its original 1986 state. The kitchen and bathrooms feature dated oak cabinetry, older countertops, and vintage light fixtures that show their age despite being functional. While the architectural features like the vaulted wood ceilings are excellent, the primary systems and finishes require modernization to meet current market standards.
Elementary School: Cochise Elementary School (9/10).
The property includes a rare detached casita with a private bath, offering exceptional versatility for a guest suite, home office, or private studio.
Designed by E.T. Wright, the home features soaring tongue-and-groove vaulted ceilings, multiple skylights, and a timeless mid-century aesthetic that creates a bright, voluminous living space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2350, other record living area = 1964.
Built in 1986, the kitchen and certain interior elements are noted as opportunities to 'reimagine,' suggesting that a buyer may need to invest in significant updates to meet modern luxury standards.
The association fee of $2,000 represents a substantial recurring carrying cost that may be a deterrent for budget-conscious buyers compared to other area townhomes.
Spectacular opportunity in Sands McCormick, an iconic E.T. Wright community in the heart of McCormick Ranch. Privately situated on a quiet cul-de-sac on a desirable north/south lot, this 3 bed / 3 bath home welcomes you through a striking iron gate into an expansive courtyard, complete with a RARE detached casita w/private bath -ideal for guests, a home office, or studio. Inside, soaring ceilings and multiple skylights fill the home with natural light. The great room showcases a custom wood tongue-and-groove vaulted ceiling and fireplace, adding warmth and architectural character. The oversized primary suite features double-door entry, a clawfoot tub, generous vanity space, and a walk-in closet. Thoughtful storage continues throughout, including a walk-in closet in the secondary bed The spacious kitchen includes a breakfast nook and offers excellent potential to expand or reimagine. Fresh interior paint, wood blinds throughout, and a long covered rear patio enhance the home's easy indoor-outdoor lifestyle. Additional highlights include a 2-car garage with built-in cabinetry, sink, and direct courtyard access, along with an extra-deep driveway providing four slab parking spaces an uncommon and valuable feature. Sands McCormick offers a rare level of resort-style amenities, including a heated pool and spa, tennis/pickleball court, a gathering center, RV/boat storage availability, lush greenbelts, and multiple gated access points to the Camelback Walk and miles of scenic paths. All just minutes from McCormick Ranch lakes, golf, dining, shopping, the 101, and Mayo Clinic. Timeless mid-century design with exceptional livability! This rare casita plan is move-in ready or offers the perfect opportunity to create your own vision. 2,350 sq ft per appraiser includes casita.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 2.3 mi
Grades PK-6 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,350 | 1,997 | 81% |
| Lot Size | 5,799 | 4,332 | 76% |
| Price | $885.0K | $808.5K | 60% |
| Price per sq ft | $377 | $412 | 41% |
| Built year | 1986 | 1982 | 75% |
| HOA | $2000 | $328 | 94% |
| Days on market | 25 | 2023 | 1% |
Mar 28, 2026
$885,000
Initial Listing