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
Listed by:
Homebright
Date | Days Ago | Event | New Price |
---|---|---|---|
May 22, 2025 | 10 days ago | Price decreased100 (0%) | $1,999,800 |
Apr 19, 2025 | 1 mo ago | Price decreased450,100 (18%) | $1,999,900 |
Feb 21, 2025 | 3 mos ago | New on market | $2,450,000 |