2216 N 74TH Way, Scottsdale, AZ 85257, Scottsdale, 85257 - 3 bed, 2 bath
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Scottsdale, AZ 85257
This Turnkey Short-Term Rental Asset is a High-Potential Investment Opportunity, listed at $765,000—positioned above the $719,546 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating with modern upgrades, a Sparkling Pool, and Separate Guest Quarters. Its prime location near Old Town Scottsdale ensures high rental demand, making it a stable, income-generating property. This is an ideal acquisition for Buy-and-Hold Investors seeking immediate ROI or Owner-Occupants desiring a luxury, move-in ready retreat with guest space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2216 N 74TH Way Subject | $765,000* List Price | 3 | 2 | 1,498 | $480 | - |
A 6918 E PALM Lane Sold | $699,000 | 3 | 2 | 1,552 | $450 | 0.7 mi |
B 7002 E HOLLY Street Sold | $594,500 | 3 | 3 | 1,613 | $369 | 0.6 mi |
C 2422 N 74TH Street Pending | $749,999 List Price | 3 | 2 | 1,506 | $498 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1957, the property has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the modern open-concept layout, updated kitchen with waterfall countertops, updated bathrooms, and contemporary flooring. The inclusion of modern mini-split HVAC systems and high-end finishes indicates mint condition with no immediate maintenance required.
Ideally situated minutes from Old Town Scottsdale, Fashion Square, and Sky Harbor Airport, offering unparalleled access to the city's best dining, shopping, and entertainment.
The property includes separate guest quarters and is currently a functioning short-term rental with the option to acquire furniture and existing bookings, providing immediate ROI potential.
The private backyard features a sparkling pool and built-in BBQ, creating a high-demand outdoor living space essential for the Arizona lifestyle and rental market appeal.
Built in 1957, the home may have underlying infrastructure limitations or maintenance requirements typical of older properties, despite recent cosmetic updates.
Listed at approximately $510 per square foot for under 1,500 square feet of living space, the property is positioned at a premium price point that may challenge appraisal values.
Beautifully updated South Scottsdale retreat offering the perfect blend of location and style. deally located just minutes from Old Town Scottsdale, Scottsdale Fashion Square, the 101 freeway, Sky Harbor Airport, premier dining, shopping, and entertainment, this home places you right in the heart of it all. Inside, this thoughtfully upgraded residence features 3 spacious bedrooms plus a separate guest quarters , 2 updated bathrooms, and an inviting open-concept layout designed for modern living. Step outside to your own private backyard paradise. The sparkling pool and built in bbq will you have enjoying all that AZ has to offer. Top school districts and easy freeway access make this a can't miss. Currently operating as STR and can be purchased with furniture and bookings in plac
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,498 | 1,600 | 33% |
| Lot Size | 6,788 | 7,309 | 38% |
| Price | $765.0K | $550.0K | 76% |
| Price per sq ft | $511 | $344 | 94% |
| Built year | 1957 | 1960 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 2422 | 2% |
May 21, 2026
$765,000
Initial Listing