16801 N 94TH Street 1063, Scottsdale, AZ 85260, Scottsdale, 85260 - 2 bed, 2 bath
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Scottsdale, AZ 85260
This recently updated Scottsdale condominium is a High-Potential Investment Opportunity, listed at $439,000—positioned well below the $538,706 Fair Market Value by 18%. This significant valuation gap offers $99,706 in Instant Equity. The residence maintains a Good Condition Rating with modern LVP flooring and scenic mountain views from a private covered patio. Zoned for top-rated schools like Desert Canyon Elementary (9/10), this property perfectly balances lifestyle appeal with strong financial fundamentals. It is an optimal choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16801 N 94TH Street 1063 Subject | $439,000* List Price | 2 | 2 | 1,298 | $415 | - |
A 16600 N THOMPSON PEAK Parkway 2076 Sold | $465,000 | 2 | 2 | 1,298 | $358 | 0.9 mi |
B 15151 N FRANK LLOYD WRIGHT Boulevard 2086 Sold | $385,000 | 2 | 2 | 1,254 | $307 | 1.0 mi |
C 16600 N THOMPSON PEAK Parkway 2036 Sold | $475,000 List Price | 2 | 2 | 1,298 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been recently refreshed with modern luxury vinyl plank flooring and neutral paint throughout. While the kitchen cabinetry and countertops appear to be original to the 2002 construction, they are well-maintained and complemented by updated stainless steel appliances. The overall condition reflects a home that has been cared for with significant cosmetic updates, meeting the criteria for a 'good' rating.
Elementary School: Desert Canyon Elementary School (9/10).
This first-floor unit features a desirable split-bedroom floor plan with no interior steps, offering excellent accessibility and privacy for residents.
Located in a gated community near the Loop 101, McDowell Mountain Trails, and WestWorld, the property provides convenient access to premier shopping, dining, and major Scottsdale events.
The HOA prohibits leases of less than 30 days, which eliminates the opportunity for short-term vacation rental income, a popular strategy in the Scottsdale market.
The stacked washer and dryer are located within the kitchen's eat-in nook, which may be less desirable for buyers preferring a dedicated laundry room or separate utility space.
Recently updated w/ 2 split bedrooms & 2 full bathrooms, w/in a 1st floor condo & no interior steps, w/in this popular gated community. Lg open kitchen has lots of cabinets & room to cook, along w/ stacked washer/dryer & eat-in nook. The kitchen is open to the lg great room for a centralized living space. Primary Bedroom has a lg walk-in closet & sliding doors out to the covered patio. Walking distance to the Community Pool/Spa & McDowell Mountain Trails. Close to the Loop 101, Ice Den, 18 Degree Bar & Grill, Mountainside Fitness, West World, Bell94 Sports Complex & other Scottsdale events-Barrett Jackson, Waste Management Open! Many restaurants & shops less than 5 minutes away at McDowell Mountain Marketplace, The Promenade & more. HOA does not allow leases less than 30 day
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 5.2 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 | 1,298 | 1,276 | 50% |
| Lot Size | 137 | 995 | 21% |
| Price | $439.0K | $285.9K | 82% |
| Price per sq ft | $338 | $284 | 71% |
| Built year | 2002 | 1997 | 79% |
| HOA | $420 | $261 | 97% |
| Days on market | 48 | 2601 | 3% |
Mar 5, 2026
$439,000
Initial Listing