
Scottsdale, AZ 85251
This Strong Value Opportunity is a turnkey townhome listed at $299,000, positioned well below the $318,453 Fair Market Value by 6%. This valuation gap offers $19,453 in Instant Equity. Featuring a Mint Condition Rating with modern renovations and stunning Camelback Mountain views, this property is optimized for short-term rentals in Old Town Scottsdale. With access to heated pools and proximity to top-rated schools like Hopi Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4600 N 68th Street 332 Subject | $299,000* List Price | 2 | 2 | 986 | $323 | - |
A 4800 N 68TH Street 230 Sold | $360,408 | 1 | 1 | 1,088 | $331 | 0.2 mi |
B 4610 N 68TH Street 414 Active | $340,000 List Price | 2 | 2 | 986 | $345 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1974, the unit has undergone a comprehensive recent renovation within the last 5 years. It features a modern kitchen with updated backsplash and appliances, high-quality wood-look flooring, and a fully remodeled bathroom with contemporary floor-to-ceiling tile and glass shower enclosure. The property is in mint, turnkey condition.
The community allows short-term rentals in a high-demand Old Town Scottsdale location, making it an exceptional opportunity for income-producing vacation rental investors.
Situated minutes from Scottsdale Fashion Square, the Waterfront, and world-class dining, the property offers an urban lifestyle with unparalleled access to amenities.
The unit captures stunning views of Camelback Mountain from both the private back patio and the primary bedroom, providing a premium aesthetic rarely found at this price point.
The $450 monthly association fee is relatively high for a sub-$300k property, which may impact the debt-to-income ratio for buyers and net cash flow for investors.
Built in 1974, the property may have underlying maintenance requirements or utility inefficiencies common in older developments, despite the modern interior updates.
Nestled within the highly sought-after Camelback House community, this beautifully updated 2-bedroom townhome offers the perfect blend of comfort, convenience, & investment potential in the heart of Old Town Scottsdale. Whether you're searching for a full-time residence, a lock-and-leave vacation home, or a high-demand income-producing property, this exceptional townhome checks every box. Even better, the community allows short-term rentals, making it an outstanding opportunity for buyers looking to capitalize on Scottsdale's thriving vacation rental market. Step inside to discover a bright, inviting interior with a spacious living area that flows to your private back patio; where you'll enjoy peaceful views toward iconic Camelback Mountain. Upstairs, the generously sized primary bedroom also captures stunning mountain views, creating the perfect place to wake up and enjoy Arizona's breathtaking sunrises. For buyers looking for a truly turnkey experience, the sellers are willing to sell the home fully furnished, allowing you to move in or begin generating rental income with minimal effort. Camelback House is known for its multiple heated swimming pools, BBQ areas, shuffle board courts & relaxed resort atmosphere. Located just minutes from Fashion Square Mall, Scottsdale Waterfront, award-winning restaurants, art galleries, boutique shopping, championship golf courses, spring training facilities & the world-famous nightlife of Old Town Scottsdale. Walking / biking paths, entertainment, & countless local attractions are all just outside your door. You wont want to miss this opportunity today!
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 986 | - |
| Lot Size | 53 | - |
| Price | $299.0K | $586.7K |
| Price per sq ft | $303 | $402 |
| Built year | 1974 | 0 |
| HOA | $450 | $0 |
| Days on market | 13 | 2386 |
Jul 10, 2026
$299,000
Initial Listing