16107 E EMERALD Drive 206, Fountain Hills, AZ 85268, Fountain Hills, 85268 - 2 bed, 2 bath
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Fountain Hills, AZ 85268
This Spacious Mountain-View Condo is a High-Potential Investment Opportunity, listed at $359,900—positioned well below the $490,756 Fair Market Value by 26%. This significant valuation gap provides $130,856 in Instant Equity. The property maintains a Good Condition Rating, featuring a 1,500 sq. ft. split-bedroom layout, soaring ceilings, and upgraded soundproofing. Residents benefit from proximity to Fountain Hills High School and panoramic views of the McDowell Mountains. This asset is a premier choice for Owner-Occupants seeking value or Buy-and-Hold Investors targeting a high-equity acquisition.
Property is move-in ready.
Built in 2000, this property is move-in ready and shows pride of ownership. The kitchen has been updated with granite countertops and stainless steel appliances, and the bathrooms feature modernized light fixtures. While the cabinetry and some surfaces appear original to the construction year, they are well-maintained with minimal wear. The overall condition, including the flooring and soaring ceilings, meets the criteria for a 'Good' rating as it requires no immediate repairs and major systems appear functional and within their expected lifespan.
This end-unit condo offers impressive views of the McDowell Mountains, complemented by soaring ceilings that enhance the natural light and spacious feel throughout the home.
The generous 1,500 sq. ft. split-bedroom floor plan provides excellent separation between the primary suite and guest quarters, making it an ideal setup for hosting visitors.
Thoughtful upgrades, including double windows for added sound insulation, ensure a quiet and serene interior environment while maintaining easy access to main roads and downtown amenities.
Being a second-level unit may pose a challenge for buyers with mobility concerns, which is a significant consideration for those seeking a long-term retirement or winter retreat.
While well-maintained and built in 2000, the interior may require cosmetic updates to the kitchen and bathrooms to align with contemporary design trends and maximize future resale value.
Looking for the perfect winter retreat? This well maintained 1,500 sq. ft. second-level end-unit condo is ready for immediate occupancy & offers nice views of the McDowell Mtns. Soaring ceilings create a bright, open feel throughout the spacious great room, flowing seamlessly into the kitchen that features abundant cabinetry, generous counter space, island, pantry, & dining area overlooking the private balcony/patio. The split-bedroom floor plan provides exceptional privacy for you & your guests. The primary suite includes double vanities, a walk-in shower, & a large walk-in closet. Thoughtful upgrades, including double windows for added soundproofing, enhance comfort. EZ access to main roads, you're just 5 minutes from downtown FH, where you can enjoy shopping, dining &local attractions.
No exterior & parking available.
Grades PK-3 • 2.2 mi
Grades 4-5 • 2.8 mi
Grades 6-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,500 | 1,190 | 64% |
| Lot Size | 173 | 240 | 46% |
| Price | $359.9K | $0 | 79% |
| Price per sq ft | $240 | $0 | 67% |
| Built year | 2000 | 1994 | 74% |
| HOA | $273 | $260 | 59% |
| Days on market | 61 | 2234 | 3% |
Feb 21, 2026
$359,900
Initial Listing