
Fountain Hills, AZ 85268
This Spacious Townhouse represents a Prime Investment Opportunity, listed at $710,000—positioned well below the $727,274 Fair Market Value by 2%. This valuation gap provides $17,274 in Instant Equity. While the home maintains a Fair Condition Rating due to original 2001 finishes, its 2,800+ sqft layout, mountain views, and walkability to Fountain Park offer significant lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add residence in a desirable community.
Property is moderate renovation needed.
Built in 2001, this property is 23 years old, which technically places it in the 'Fair' category according to the age criteria (>20 years). While the home appears exceptionally well-maintained and move-in ready with high-quality custom cabinetry and granite countertops, the aesthetic elements—specifically the gold-tone bathroom fixtures, tile patterns, and wood finishes—are dated and original to the construction year, indicating a need for modern updates to reach a higher valuation.
Situated in the gated Bella Lago community, the property offers exceptional walkability to Fountain Park, local restaurants, and shopping, making it a highly desirable lifestyle location.
The 2,800+ sqft floor plan features a main-level master suite and a completely separate lower-level guest retreat with its own living area and patio, ideal for multi-generational living or hosting guests.
The home includes a terrace with a built-in BBQ and sink, mountain views, and direct access to the community pool, providing an excellent environment for entertaining and enjoying the Arizona climate.
The association fee of $509 per month is a significant recurring cost that may deter buyers looking for lower monthly carrying costs.
Built in 2001 and marketed as 'priced to sell,' the property may require cosmetic updates or system replacements to align with modern luxury standards and buyer expectations.
Welcome to the gated community of Bella Lago, ideally located within walking distance of Fountain Park, restaurants, shopping, & more! This spacious 2,800+ sf home backs directly to the community pool & offers an ideal layout for e-z living & entertaining. The main level features a luxurious master suite w/ensuite, walk in shower, & private access to the balcony. A guest suite/2nd bed/office & bath / The kitchen is loaded with custom cabinets and has a gas range, stainless appliances & overlooks the open-concept living & dining areas, creating a bright & inviting space for gatherings. Step outside to the beautiful deck complete w/built-in BBQ & sink /perfect for relaxing or entertaining while enjoying the desert & mtn views. The 2 car garage w/epoxy walks right into the house.. The lower level provides the ultimate private guest retreat, featuring a lg bdrm, full bath, and separate living area. There's a private patio on this level as well. Additional highlights include lots of storage. This home is priced to sell!
No exterior & parking available.
Grades PK-3 • 1.1 mi
Grades 4-5 • 1.3 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,840 | - |
| Lot Size | 2,409 | - |
| Price | $710.0K | $432.7K |
| Price per sq ft | $250 | $315 |
| Built year | 2001 | 0 |
| HOA | $509 | $0 |
| Days on market | 44 | 2388 |
Jun 9, 2026
$710,000
Initial Listing