<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>
                            THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
                       EXTRACTED FROM THE BALANCE SHEET AS OF MARCH 31, 1997 AND
                          THE STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED
                    MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
                                                   TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                                                                 0000824098
<NAME>                                 SCOTTSDALE LAND TRUST LIMITED PARTNERSHIP
<MULTIPLIER>                                                                   1
<CURRENCY>                                                         U. S. DOLLARS
                                                                 
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                                                    DEC-31-1997
<PERIOD-END>                                                         MAR-31-1997
<EXCHANGE-RATE>                                                                1
<CASH>                                                                 4,072,207
<SECURITIES>                                                                   0
<RECEIVABLES>                                                                  0
<ALLOWANCES>                                                                   0
<INVENTORY>                                                           28,330,809
<CURRENT-ASSETS>                                                               0
<PP&E>                                                                         0
<DEPRECIATION>                                                                 0
<TOTAL-ASSETS>                                                        40,216,054
<CURRENT-LIABILITIES>                                                          0
<BONDS>                                                                        0
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0
<COMMON>                                                                       0
<OTHER-SE>                                                            37,320,086
<TOTAL-LIABILITY-AND-EQUITY>                                          40,216,054
<SALES>                                                                2,894,380
<TOTAL-REVENUES>                                                       3,144,088
<CGS>                                                                  1,991,042
<TOTAL-COSTS>                                                                  0
<OTHER-EXPENSES>                                                               0
<LOSS-PROVISION>                                                               0
<INTEREST-EXPENSE>                                                             0
<INCOME-PRETAX>                                                          887,071
<INCOME-TAX>                                                                   0
<INCOME-CONTINUING>                                                      887,071
<DISCONTINUED>                                                                 0
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                             887,071
<EPS-PRIMARY>                                                              17.74
<EPS-DILUTED>                                                                  0
                                                                     

</TABLE>