9632 E CHOLLA Street, Scottsdale, AZ 85260, Scottsdale, 85260 - 4 bed, 2 bath
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Scottsdale, AZ 85260
This Prime Development Asset in Scottsdale’s prestigious Cactus Acres is listed at $2,295,000, representing a stable entry point at its $2,291,060 Fair Market Value. Holding a Condition Rating of 6, the property is a strategic land play featuring a 0.95-acre lot with dual frontage and McDowell Mountain views. With no HOA and equestrian rights, the site is primed for a $10M+ custom estate. This rare opportunity is perfectly suited for Luxury Developers or Custom Home Builders seeking a high-value Scottsdale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9632 E CHOLLA Street Subject | $2,245,000* List Price | 4 | 2 | 2,182 | $1,033 | - |
A 9834 E CLINTON Street Pending | $1,700,000 List Price | 3 | 2 | 1,941 | $876 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is marketed primarily as a land value opportunity for a custom luxury estate. Built in 1974 and surrounded by $10M+ homes, the existing structure is significantly outdated and the listing provides no interior photos, focusing instead on the 0.95-acre lot, dual frontage, and mountain views. The description explicitly invites buyers to 'Build Your Dream Estate,' indicating the current residence is intended for demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41251, living area = 2182.
This rare 0.95-acre lot features dual frontage and no HOA restrictions, providing unparalleled flexibility to build a custom luxury estate with equestrian facilities, guest houses, or expansive garages.
Situated in the prestigious Cactus Acres neighborhood and surrounded by $10M+ estates, the property offers significant long-term value and high equity potential for a new luxury build.
At a list price of $2.295M, the property is priced primarily for its land value, which may be a high barrier to entry for buyers not prepared for the additional costs of a major redevelopment.
The original 1974 residence is significantly smaller and more dated than neighboring homes, likely requiring a complete teardown or a massive renovation to meet the standards of the surrounding community.
PRIME BUILDER/DEVELOPER TEARDOWN OPPORTUNITY in coveted Cactus Acres Rare 0.95-Acre dual frontage lot with McDowell Mountain views. Surrounded by multi-million dollar custom estates. North/South-oriented, No HOA and full equestrian rights gives you complete freedom to build your custom luxury home with guest house, RV garage, barn/horses, or anything you desire. Access from both Cholla St and Kalil Dr is what makes this lot unique. Easy to build with all utilities at the property and natural gas available right in front on Cholla. Design concepts available for house + guest house + RV garage that maximizes the dual frontage with significant garage space. A unique opportunity in this prestigious Scottsdale neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,182 | 2,229 | 43% |
| Lot Size | 41,251 | 8,806 | 88% |
| Price | $2.25M | $0 | 96% |
| Price per sq ft | $1.0K | $0 | 98% |
| Built year | 1974 | 1988 | 7% |
| HOA | $0 | $84 | 31% |
| Days on market | 11 | 2307 | 1% |
Apr 18, 2026
$2,245,000
$2,295,000
-2% Price Drop
Initial Listing
Apr 11, 2026
$2,295,000
Initial Listing