
Scottsdale, AZ 85251
This Turnkey Townhouse represents a High-Potential Investment Opportunity, listed at $499,900—positioned above the $449,294 Fair Market Value. While priced above market, the property features an Excellent Condition Rating with a 2026 roof, 2019 HVAC, and 2023 appliances. Located in the heart of Old Town Scottsdale, this ground-floor unit offers a rare 3-bedroom layout with direct pool access. Despite lower-rated local schools, the prime location and recent capital improvements ensure long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2992 N MILLER Road 122 Subject | $479,900* List Price | 3 | 2 | 1,306 | $340 | - |
A 7520 E EARLL Drive 44 Pending | $542,000 List Price | 3 | 2 | 1,506 | $360 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies as excellent due to comprehensive renovations within the last 5 years. Key systems have been recently updated, including the HVAC (2019), appliances (2023), and a brand new roof (2026). The interior features modern finishes, fresh paint, and new fixtures, presenting a move-in ready, mint-condition unit with no deferred maintenance.
Situated in the heart of Old Town Scottsdale within a gated community, this property offers exceptional proximity to premier dining, shopping, and nightlife, making it a highly desirable rental or primary residence.
The unit boasts significant capital improvements including a 2019 HVAC, 2023 appliances, and a 2026 roof, alongside fresh interior renovations that minimize immediate move-in costs for a buyer.
Finding a three-bedroom, ground-floor unit in this niche community is rare; the layout provides superior accessibility and more living space than the standard two-bedroom offerings in the area.
The assigned middle and high schools carry lower performance ratings (4/10 and 3/10), which may be a deterrent for families prioritizing top-tier public education.
While the poolside view is a premium feature, the unit's direct adjacency to the community pool and BBQ areas may result in increased noise and reduced privacy during peak usage times.
Welcome to Villas at Bellagio, a gated community in the heart of Old Town Scottsdale! This beautifully renovated ground-floor home offers a rare 3-bedroom, 2-bath floor plan and is ideally situated in the center of the community just steps from the resort-style pool. Recent updates include fresh interior paint, new baseboards, lighting, plumbing fixtures, door hardware, a renovated primary shower, and newer HVAC (2019), appliances (2023), and roof (2026). The HOA covers water, sewer, trash, and roof maintenance, making this an ideal low-maintenance primary residence, winter retreat, or lock-and-leave home. Enjoy easy access to Old Town's dining, shopping, golf, spring training, and entertainment. Don't miss this rare opportunity in one of Scottsdale's most desirable locations!
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,306 | - |
| Lot Size | 2,255 | - |
| Price | $479.9K | $586.7K |
| Price per sq ft | $367 | $402 |
| Built year | 2000 | 0 |
| HOA | $358 | $0 |
| Days on market | 64 | 2386 |
Jul 2, 2026
$479,900
$499,900
-4% Price Drop
Initial Listing
May 20, 2026
$499,900
Initial Listing