2992 N MILLER Road 122, Scottsdale, AZ 85251, Scottsdale, 85251 - 3 bed, 2 bath
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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 | $499,900* List Price | 3 | 2 | 1,306 | $344 | - |
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.
Step into luxury at Villas at Bellagio! A niche and gated community in the heart of Old Town Scottsdale! Recently renovated GROUND FLOOR unit with THREE bedrooms & two FULL bathrooms! Unit sits in the middle of the community, adjacent to the pool. Through the sliding glass door - you can see the sparkling pool. Recent renovations include: full interior paint, new baseboards, new plumbing fixtures, new glass shower door, new interior and exterior door hardware, new lighting and much more! This community features a community pool, BBQ areas and is fully gated! The building this unit is in just had all roofs redone! HVAC replaced in 2019, Appliances replaced in 2023, Roof replaced in 2026. HOA includes water/sewer/trash and roofing! Don't miss this one, come see it today!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,306 | 1,454 | 30% |
| Lot Size | 2,255 | 1,738 | 57% |
| Price | $499.9K | $135.0K | 78% |
| Price per sq ft | $383 | $107 | 95% |
| Built year | 2000 | 1969 | 95% |
| HOA | $358 | $328 | 55% |
| Days on market | 17 | 2610 | 3% |
May 20, 2026
$499,900
Initial Listing