10497 E CINNABAR Avenue, Scottsdale, AZ 85258, Scottsdale, 85258 - 3 bed, 2 bath
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Scottsdale, AZ 85258
This Spacious Scottsdale Ranch Townhouse represents a High-Potential Investment Opportunity, listed at $724,900—positioned well below the $834,736 Fair Market Value by 13%. This valuation gap provides $109,836 in Instant Equity for the incoming buyer. While maintaining a Condition Rating of 4 with a new roof (2022) and premium Sub-Zero appliances, the interior offers significant upside through cosmetic modernization. Backing onto a desert greenbelt and served by top-rated schools like Mountainside Middle, it perfectly balances financial logic with resort-style living. This is an ideal acquisition for Owner-Occupants or Lifestyle-Focused Buyers seeking a value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10497 E CINNABAR Avenue Subject | $724,900* List Price | 3 | 2 | 2,026 | $412 | - |
A 9868 N 101ST Street Sold | $549,000 List Price | 2 | 2 | 1,863 | 0.7 mi | |
B 10017 E MOUNTAIN VIEW Road E 1062 Sold | $550,000 List Price | 2 | 3 | 1,792 | 0.8 mi | |
C 10487 E COCHISE Avenue Active | $750,000 List Price | 3 | 2 | 1,988 | $377 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this property is exceptionally well-maintained and move-in ready, but it lacks recent extensive renovations. The kitchen features high-end Sub-Zero and Thermador appliances, yet the cabinetry, countertops, and fluorescent light box are dated. While the roof was replaced in 2022 and the interior has fresh paint, the overall aesthetic and fixtures reflect the home's original era, fitting the criteria for a property that is functional but shows signs of being outdated.
Situated in the prestigious Scottsdale Ranch community, this home offers resort-style living with access to multiple pools, spas, and tennis courts, all while being minutes from Old Town Scottsdale and the Loop 101.
The kitchen features premium Sub-Zero and Thermador appliances, providing a luxury culinary experience that is rare at this price point for the area.
With a new roof installed in 2022 and fresh interior paint, the property reduces immediate maintenance concerns and offers a move-in-ready environment for the buyer.
The association fee of $950 is significant and may deter budget-conscious buyers or impact the overall affordability and debt-to-income ratios for financing.
Built in 1988, the home retains some era-specific features such as the wet bar and light-colored cabinetry that may require further modernization to appeal to buyers seeking a contemporary aesthetic.
Bright Desert Retreat! Located in the desirable Scottsdale Ranch community, this light-filled home welcomes you with formal living & dining areas off the front entry with a wet bar, flowing seamlessly into an open kitchen & family room with vaulted ceilings & abundant natural light throughout. The kitchen features light-colored cabinetry, a Sub-Zero refrigerator, Thermador electric cooktop, built-in oven, eat-in dining area & overlooks the family room anchored by a statement fireplace. The generously sized primary suite offers two closets plus an ensuite with double vanity, separate soaking tub & walk-in shower plus ceiling fan for added comfort. Secondary bedrooms are well sized; one with a fitted Murphy bed that conveys. Outside, a huge patio with retractable awning, an open-air side patio, all facing HOA-maintained common space, perfect for easy outdoor living. Recent updates include a new roof (2022), fresh interior paint & more. Community amenities include multiple pools & spas, tennis courts, all ideally located with quick access to Loop 101, just minutes from Old Town Scottsdale, dining, shopping & recreation.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,026 | 1,997 | 53% |
| Lot Size | 4,755 | 4,332 | 56% |
| Price | $724.9K | $780.0K | 46% |
| Price per sq ft | $358 | $412 | 40% |
| Built year | 1988 | 1982 | 81% |
| HOA | $950 | $328 | 90% |
| Days on market | 70 | 2024 | 1% |
Feb 12, 2026
$724,900
Initial Listing