
Scottsdale, AZ 85260
This High-Potential Hybrid Acquisition is listed at $1,675,000, reflecting a stable valuation aligned with its $1,601,914 Fair Market Value. The interior boasts an Excellent Condition Rating featuring a Modern Kitchen and vaulted ceilings, making it Move-in Ready. The property’s true strength lies in the massive 35,290 Sqft Lot offering McDowell Mountain Views and no HOA, located near Top-Rated Schools like Laguna Elementary and Mountainside Middle. With neighboring estates selling for up to $10M, this property offers immense long-term upside for Owner-Occupants or Luxury Developers.
Property is new construction or fully renovated.
While the property was originally built in 1979, the interior has undergone a comprehensive and high-quality recent renovation. The kitchen is modern with two-tone cabinetry, a large island, quartz countertops, and premium stainless steel appliances. The home features updated wide-plank flooring, recessed lighting, vaulted ceilings with modern beams, and updated fixtures throughout. The condition is move-in ready with no deferred maintenance visible in the provided images.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35290, living area = 1894.
Situated on a nearly one-acre lot with no HOA, this property offers unparalleled freedom to build a custom estate, guest house, or luxury car garage in the prestigious 'Golden Mile' area.
Located in a high-demand Scottsdale pocket where neighboring luxury homes command prices between $4M and $10M+, providing significant equity potential for a high-end redevelopment project.
Built in 1979 with only 1,894 square feet, the current residence is significantly undersized and likely requires a total renovation or demolition to align with the neighborhood's luxury standards.
With a list price of $1.675M, the acquisition cost is primarily in the land value, necessitating a substantial additional financial investment to realize the property's full potential.
LA TIERRA ESTATES AMD - This .81 acre north/south-facing lot in the ''Golden Mile'' of the Cactus Corridor offers the perfect opportunity to design the custom estate you've always dreamed of or expand the existing home. The backyard is a blank slate with endless potential--let your creativity flow! The spacious 35,000+ sq ft lot boasts a fully remodeled 2020 interior, ideal for entertaining. Amazing area, amazing lot--ready for you today! No HOA. Priced in line with +/- acre lots in the 85260-zip code, where older homes are being replaced with new builds. Over 30 sites nearby are in various stages of planning/development. New homes in range of $5.0 million to over $10 million. NEW CONSTRUSTION IDEA'S INCLUDE - a second-story living area with a balcony facing north toward the mountains. WISE ADDITIONS MIGHT INCLUDE- Guest house, RV Garage, Collector Car Garage, or whatever else you can dream of. OTHER IDEAS INCLUDE- A heated pool and spa, fire pit, built-in BBQ, sport court, pickle-ball court.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 3.6 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,894 | 2,290.5 | 31% |
| Lot Size | 35,290 | 10,445 | 81% |
| Price | $1.88M | $0 | 91% |
| Price per sq ft | $990 | $0 | 98% |
| Built year | 1979 | 1987 | 11% |
| HOA | $0 | $81 | 33% |
| Days on market | 72 | 2574 | 1% |
May 30, 2026
$1,875,000
$1,895,000
-1% Price Drop
Initial Listing
May 19, 2026
$1,895,000
$1,676,000
+13% Price Increase
Initial Listing
May 9, 2026
$1,676,000
$1,675,000
+0% Price Increase
Initial Listing
Apr 8, 2026
$1,675,000
Initial Listing