$1,299,000

5550 E Shea Blvd Scottsdale, AZ 85254

$10,000
Closing credit¹
3 beds
2 baths
2,192 sqft
0.9 acres
$593 / sqft
House

Property details

About 5550 E Shea Blvd

ATTENTION BUILDERS / INVESTORS! HUGE, VALUE-ADD OPPORTUNITY IN SCOTTSDALE! 38,950 CORNER LOT, SURROUNDED BY CUSTOM BUILDS! This property is a builder's dream come true. The current home can be used as is, updated to your liking, or scraped to build new. The landscaping is a blank canvas ready for your design. There is a LOT of space out back for expansion and the Phoenix zoning will allow you to take advantage of that. City plans have been submitted. Beyond its incredible potential, this property offers unbeatable access to the area's finest restaurants, world class entertainment, golf courses and much more. A rare opportunity to invest and customize this property to fit your vision.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size2,192 sqft
Lot size0.89 Acres
Year builtNew Const., 1972
ParkingRV Access/Parking
MLS #6838073
Garage2 spaces
Fireplace1 Fireplace

Summary

  • MLS Number: 6838073
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821
  • Office Email: az.broker@exprealty.net
  • Listing Agent: Nure Elatari

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of building exterior

$1,299,000

5550 E Shea Blvd

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 13, 2023
Home Sold
$770,000
Nov 04, 1991
Home Sold
$165,000

Tax history

YearAssessmentProperty Tax
2024$76,920$2,664
2023$66,000$2,664
2022$47,310$2,799
2020$40,250$2,755
2019$38,470$2,578
2017$32,800$2,445

History based on county public records data.

Nearby schools

10

Sequoya Elementary School

Public District PK-5

1.2 mi

11808 N 64th St

10

Cherokee Elementary School

Public District EE-5

1.2 mi

8801 N 56th St

9

Desert Shadows Elementary School

Public District PK-6

1.6 mi

5902 E Sweetwater Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $136,352. The majority of Scottsdale, AZ residents have income between $100k-200k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

5%
<35k
19%
35k-100k
40%
100k-200k
36%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

19%
Single, No Kids
7%
Single, with Kids
46%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
12%
12-17 yrs old
9%
18-34 yrs old
49%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5550 E Shea Blvd

This home is located at 5550 E Shea Blvd in Scottsdale, AZ and zip code 85254 in the Paradise Valley Village neighborhood. This 2,192 square foot home, which was built in 1972, sits on a 0.89 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $1,299,000.

In March 2025 more than 68 listings in Scottsdale, AZ were sold above the asking price. During the same period more than 123 listings were sold at asking price, while more than 488 were sold below. In March 2025 in Scottsdale, AZ there were 7.6% more homes for sale than in February. The median list price of listings available in March 2025 was $875,526, while the average time on the real estate market was 76 days.

From Rocket Homes Real Estate and based on county public records data.

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