19700 N 76TH Street 2050, Scottsdale, AZ 85255, Scottsdale, 85255 - 2 bed, 2 bath
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Scottsdale, AZ 85255
This Grayhawk townhouse represents a High-Potential Investment Opportunity, listed at $620,000—positioned slightly above the $603,147 Fair Market Value. While the property requires cosmetic updates given its Fair Condition Rating, the short-term rental friendly HOA and mountain views provide significant income-generating potential. The 1,729 sqft layout, including a den and 2-car garage, offers functional versatility in a prime Scottsdale location. This asset is an ideal acquisition for Buy-and-Hold Investors or seasonal residents looking to leverage the property's rental flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19700 N 76TH Street 2050 Subject | $620,000* List Price | 2 | 2 | 1,729 | $349 | - |
A 20121 N 76TH Street 2061 Sold | $580,000 | 2 | 2 | 1,854 | $313 | 0.2 mi |
B 20802 N GRAYHAWK Drive 1168 Sold | $773,400 | 3 | 3 | 2,161 | $358 | 1.0 mi |
C 19700 N 76TH Street 2183 Active Under Contract | $439,000 List Price | 2 | 2 | 1,403 | $313 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, this 25-year-old property falls into the 'Fair' category as it exceeds the 20-year mark without evidence of major renovations. While the unit appears clean and well-maintained, the bathroom finishes (white tile and cabinetry) and carpet are dated and original to the construction era, suggesting a need for cosmetic updates.
The HOA's short-term rental friendly policy in a prime Scottsdale location makes this property a highly attractive option for investors or seasonal residents looking to generate income.
The unit features a private balcony with desirable mountain views, providing a premium aesthetic and enhancing the overall living experience within the Grayhawk community.
At 1,729 square feet, the inclusion of a dedicated den and a private 2-car garage offers the space and utility of a single-family home with the convenience of a lock-and-leave townhouse.
The monthly association fee of $477 represents a significant recurring expense that may impact the debt-to-income ratio for some buyers and overall affordability.
Built in 2001 with no mention of recent upgrades, the property may require additional capital investment to modernize finishes and compete with newer luxury inventory in the area.
Easy lock and leave townhouse in Grayhawk. 2 bedrooms plus a den. Nice laundry room. Fireplace. Nice view from the balcony. 2-car garage. Community landscaping is gorgeous desert scape. Good visitor parking. Short term rental friendly HOA
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 1.9 mi
Grades 7-8 • 6.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,729 | 2,326 | 24% |
| Lot Size | 181 | 2,128 | 28% |
| Price | $620.0K | $615.7K | 52% |
| Price per sq ft | $359 | $371 | 48% |
| Built year | 2001 | 2002 | 44% |
| HOA | $477 | $369 | 64% |
| Days on market | 14 | 2066 | 4% |
Jun 9, 2026
$620,000
Initial Listing