THIS IS TRULY A $1,000,000 + OPPORTUNITY for a Savvy Investor/Contractor looking for an incredible flip in the highly desirable area of Gainey Ranch.
Gainey Ranch is one of Scottsdale's finest communities, which is anchored by the 5 Star Hyatt at Gainey Ranch.
At 4,526 total square feet, this is an acquisition price of $441.85 per square foot!! This incredible home, once remodeled by the Investor/Contractor could EASILY sell for at least $904.38 per square foot, based on 5 Closed comps in the immediate area. If this 4,526 square foot home sells for $904.38 per square foot this is a possible price of $4,000,000 +/-. If Investor/Contractor remodels this home for $700,000, this is a potential approximate gross profit of $1,300,000.
Please see documents section for comps
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Listing Snapshot
Price
$1,999,800
Days On Site
112 Days
Bedrooms
4
Inside Area (SqFt)
4,526 sqft
Total Baths
4
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.33 Acres
Year Built
1994
MLS® Number
6824207
Status
Pending
Property Tax
$7,219
HOA/Condo/Coop Fees
$348 monthly
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS®
a week ago
Status changed to Pending
3 weeks ago
Price changed to $1,999,800
4 months ago
Listing first seen on site
General Features
Acres
0.33
Attached Garage
Yes
Cross Street
78th Street and Gold Dust
Disclosures
Agency Discl ReqSeller Discl AvailVicinity of an Airport
Garage
Yes
Garage Spaces
3
Number Of Stories
2
Parking
Garage Door OpenerDirect Access
Parking Spaces
4
Property Sub Type
Single Family Residence
Security
Fire Sprinkler SystemSecurity System OwnedSecurity Guard
Sewer
Public Sewer
Utilities
Cable Available
Water Source
Public
Interior Features
Appliances
MicrowaveDishwasherDryerWasher
Cooling
Central AirCeiling Fan(s)
Fireplace
Yes
Fireplace Features
Master BedroomGas
Fireplaces
1
Flooring
CarpetTile
Heating
Natural Gas
Interior
High Speed InternetGranite CountersDouble VanityMaster DownstairsEat-in KitchenCentral VacuumVaulted Ceiling(s)Wet BarKitchen Island
Spa
Yes
Window Features
Skylight(s)Double Pane Windows
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Exterior Features
Construction Details
StuccoFrame
Exterior
BarbecueBuilt-in Barbecue
Fencing
BlockWrought Iron
Lot Features
Sprinklers In RearSprinklers In FrontDesert BackDesert FrontOn Golf CourseCul-De-Sac
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-06-14 07:11 AM UTC
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