16607 N 56th Place, Scottsdale, AZ 85254, Scottsdale, 85254 - 2 bed, 3 bath
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Scottsdale, AZ 85254
This townhome presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $350,521 Fair Market Value by 0.15%. Featuring a Fair Condition Rating, this Value-Add Asset requires a comprehensive interior overhaul, though the updated kitchen provides a strategic head start. With low monthly HOA fees and a private Patio, this property is a prime candidate for Fix-and-Flip Investors or Contractors seeking to capture significant upside in a gated Scottsdale community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16607 N 56th Place Subject | $350,000* List Price | 2 | 3 | 1,322 | $265 | - |
A 5704 E AIRE LIBRE Avenue 1048 Active | $310,000 List Price | 2 | 3 | 1,088 | $285 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1996 (28 years old), the property is explicitly marketed as a 'fix-and-flip' opportunity in 'rough, as-is condition.' While the HVAC and kitchen have been updated, the overall interior shows significant wear, dated bathrooms, and requires a full rehab project rather than minor repairs.
Positioned as a true value-add opportunity in a gated Scottsdale community, this property offers significant upside for fix-and-flip investors or rehabbers looking for a project with strong margins.
The exceptionally low HOA fee of $130 per month includes gated security and community pool access, which is rare for the area and enhances the property's long-term resale appeal.
While the home requires work, the kitchen has already been updated, providing a high-value head start on renovations and reducing the overall budget for interior improvements.
The property is in rough, as-is condition, requiring a comprehensive overhaul and substantial capital investment to address its current state.
The sellers have never occupied the home and will provide no disclosures, increasing the risk for buyers regarding potential hidden defects or structural issues.
Attention Fix-and-Flip Investors -- this is a true value-add opportunity in the Magic Zip Code. Spacious 3-bed, 3-bath, two-story townhome with a 2-car garage located in a Scottsdale gated community. This property is in rough, as-is condition except for the newer kitchen which is nice. Ideal for buyers seeking a full project with strong upside potential. The community offers a gated entrance, community pool, and a low $130/month HOA. Sellers have never occupied the property. No disclosures will be provided, current owners have never lived in home. For experienced investors, contractors, and rehabbers. Comps/comparables only use Coronado Point Townhomes. Go back through for MLS 6719132. Do not use anything on AIRE LIBRE as that is a open mega complex. Ours is a gated small community
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,322 | - |
| Lot Size | 298 | - |
| Price | $350.0K | $586.7K |
| Price per sq ft | $265 | $402 |
| Built year | 1996 | 0 |
| HOA | $130 | $0 |
| Days on market | 30 | 2386 |
Jun 23, 2026
$350,000
Initial Listing