
Scottsdale, AZ 85254
This Renovated Single-Level Residence is a Prime Investment Opportunity, listed at $695,000—positioned well below the $711,646 Fair Market Value by 2%. This valuation gap offers $16,646 in Instant Equity. Maintaining a Good Condition Rating following a 2019 overhaul, the home features a Modern Kitchen, No-Step Showers, and mountain views. Located in Scottsdale’s magic zip code near Liberty Elementary, it balances lifestyle perks with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15831 N 50th Street Subject | $695,000* List Price | 3 | 2 | 1,879 | $379 | - |
A 5101 E TERRY Drive Sold | $588,000 | 3 | 2 | 1,649 | $357 | 0.2 mi |
B 5121 E HARTFORD Avenue Sold | $709,990 List Price | 3 | 3 | 2,191 | 0.8 mi | |
C 4808 E BETTY ELYSE Lane Sold | $562,000 | 2 | 2 | 1,526 | $368 | 0.3 mi |
D 5017 E TIERRA BUENA Lane Pending | $725,000 List Price | 3 | 3 | 2,046 | $354 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a full renovation in 2019 (7 years prior to the 2026 listing date), which includes the kitchen, bathrooms, and flooring. While the condition appears mint and move-in ready with updated systems like the water heater and irrigation, the 7-year-old renovation age places it in the 'Good' category (5-15y reno) according to the specified criteria.
Situated in Scottsdale's highly coveted 'magic zip code' (85254), the property offers a prestigious address with excellent proximity to high-end shopping, dining, and local amenities.
A comprehensive 2019 renovation of the kitchen, bathrooms, and flooring, paired with recent mechanical and landscaping updates, ensures a move-in-ready experience with contemporary finishes.
The single-level floor plan featuring no-step entry showers provides exceptional accessibility and long-term livability, making it an ideal choice for buyers prioritizing ease of movement.
The modest 4,496 square foot lot offers minimal yard space, which may be a drawback for buyers seeking significant outdoor privacy, large gardens, or room for a private pool.
The monthly association fee of $264 adds a recurring cost to ownership and subjects the property to community-specific regulations that may limit certain homeowner freedoms.
Located in the highly desirable Paradise Manor, one of the few HOA communities within Scottsdale's coveted ''magic zip code'' of 85254, this single level residence offers a seamless blend of comfort, convenience, and easy living. A full renovation completed in 2019, including the kitchen, baths, and flooring, brings a clean, cohesive feel throughout. Recent improvements further enhance the home including a new hot water heater, updated landscaping, and an updated irrigation system. Designed for everyday ease, the home features accessible, no step entry showers, ideal for long term livability. Set within a quiet community, this low maintenance opportunity is perfectly positioned in a prime Scottsdale location.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,879 | 2,210 | 23% |
| Lot Size | 4,496 | 10,215.5 | 2% |
| Price | $695.0K | $700.0K | 50% |
| Price per sq ft | $370 | $367 | 50% |
| Built year | 1989 | 1984 | 71% |
| HOA | $264 | $0 | 97% |
| Days on market | 8 | 2218 | 0% |
Apr 14, 2026
$695,000
Initial Listing