Located on the south west corner of 62nd st and Exeter Blvd across from the Scottsdale learning center in the 85281 zip. This prime Scottsdale home with contemporary vibe and funkadelic colors was once priced $3.1 million, now the bank says sell it!
The original list price was $2.120M, today it’s been dropped down to $1.56M. Let’s cut to the chase, it needs work – the pool is empty and covered, the colors and design is out of touch even for today’s contemporary standards. But when you break down the overall property; over 5,200 sf, 4 bedrooms, 4.5 shitters, 3 car garage, and on .68-acre lot it’s a good deal that could be a better deal since it’s been listed for 200+ days.
Whats hot in real estate? Location, Location, Location…This is one of the best locations in Scottsdale and Phoenix combined. To the east is Old Town Scottsdale, to the west is Arcadia and Phoenix/Biltmore area, and to the North is Camelback Mountain/Paradise Valley. The who’s who in Arizona and celebrities call this area home. The Phoenician Resort, the Biltmore resort, the W, Scottsdale Fashion square, Maya day spa, art galleries, bars, shopping, dining, etc. all within a short drive or damn near walk. Now let’s be clear, at the current price this is not a fix n flip price but it’s a great buy fix and hold investment. Hold if for 3-5 years before putting back for sale or for all you 1.7+M home shoppers this would be a perfect next buy if you’re willing to do some work. The bank is asking $1,558,600 but as they say everything is negotiable…
Contact: Arizona Ultra-Luxury Real Estate seekers & blog…
24/7 Agent (simplifying residential & commercial AZ®e) 