
Scottsdale, AZ 85257
This Hybrid Investment Property is a High-Potential Investment Opportunity, listed at $699,999—positioned well below the $692,300 Fair Market Value by a negligible margin, reflecting a stable, fair-market entry. Featuring a Mint Condition Rating, this fully remodeled 5-bedroom home includes a resort-style saltwater pool, hot tub, and turn-key furnishings. With a proven track record of $83,000 in annual gross income, it offers immediate cash flow. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performance asset in the heart of Old Town Scottsdale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2657 N 71ST Place Subject | $699,999* List Price | 5 | 3 | 1,562 | $443 | - |
A 7302 E VERNON Avenue Sold | $725,000 | 3 | 2 | 1,498 | $484 | 0.4 mi |
B 2537 N 69TH Place Sold | $650,000 | 3 | 2 | 1,640 | $396 | 0.3 mi |
C 2544 N 66TH Street Sold | $636,000 | 3 | 2 | 1,558 | $408 | 0.8 mi |
D 2827 N 69TH Place Active | $689,000 List Price | 3 | 3 | 1,632 | $422 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1954 home has undergone a full high-end remodel within the last 5 years, featuring modern epoxy flooring, updated kitchen with dark stainless appliances, and renovated bathrooms. Critical systems have been upgraded including dual HVAC units, dual-pane windows, and insulation. The property is in mint, turn-key condition with a newly developed resort-style backyard.
This property is a highly successful, turn-key short-term rental grossing over $83,000 annually with 100% weekend occupancy over three years, offered fully furnished for immediate income generation.
Situated in the desirable Old Town Scottsdale corridor, the home offers exceptional lifestyle appeal with quick access to world-class dining, nightlife, and entertainment via a short walk or golf-cart ride.
The backyard is professionally designed for entertainment, featuring a saltwater pool with in-water barstools, a hot tub, travertine decking, and RV parking, significantly enhancing its rental and resale value.
With 5 bedrooms configured within only 1,562 square feet, the individual room sizes are likely small, which may feel cramped for long-term residents or families accustomed to more spacious living quarters.
The assigned public schools have relatively low ratings (3 and 4 out of 10), which could be a deterrent for primary-residence buyers prioritizing high-performing educational options for their children.
Location - Performance - Lifestyle. Exceptional opportunity in one of Scottsdale's most desirable neighborhoods right in OldTown Scottsdale. This fully remodeled 5-bedroom, 3-bath home is both a proven income-producing short-term rental and an ideal family home, offering flexibility for investors and owner-occupants alike. Currently grossing over $83,000 per year with no vacant weekends in 3 years, it's being offered fully furnished and stocked turn-key Airbnb-- ready to generate income or welcome your family on day one. Recent comp/neighbor 3 houses down just sold for $900,000 in June with no pool. This house is priced to sell. Get it while it lasts. Inside, the open-concept layout creates a bright, inviting flow between the living, dining, and kitchen areas -- perfect for entertaining guests or everyday family life. Highlights include epoxy floors and countertops, dark stainless-steel appliances, a wet bar, and ceiling fans in every room. Two HVAC units, upgraded insulation, and dual-pane windows keep the home cool, quiet, and energy-efficient year-round. Step outside to a resort-style backyard designed for relaxation and fun. Enjoy the 5-foot-deep saltwater pool with in-water barstools, travertine patio, lush turf, and covered patio area -- ideal for gatherings, playtime, or unwinding after a day in the sun. A hot tub, RV parking, and 10×10 storage shed. Located in the prime Old Town Scottsdale corridor, you're just minutes -- or a quick golf-cart ride -- from dozens of restaurants, bars, shops, and entertainment options. Guests love the walkability and nightlife; families appreciate the quiet residential feel while being a short drive from Airport, 101 and 202 freeways. Whether you're seeking a turn-key investment property or a spacious home for family living with strong rental potential, this one delivers the best of both worlds -- location, performance, and lifestyle.
No exterior & parking available.
Grades PK-8 • 1.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,562 | - |
| Lot Size | 6,507 | - |
| Price | $700.0K | $1.25M |
| Price per sq ft | $448 | $475 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 2493 |
Jul 9, 2026
$699,999
Initial Listing