
Scottsdale, AZ 85251
This Historic Scottsdale Townhouse is a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $726,311 Fair Market Value by 34%. This significant valuation gap delivers $251,311 in Instant Equity. Maintaining a Good Condition Rating, the residence features a 2023 HVAC system, Remodeled Bathrooms, and a Granite Kitchen. Situated in the Villa Monterey 55+ community near Old Town and Top-Rated Pueblo Elementary, this turnkey property with a Private Patio offers massive financial upside. It is a premier choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4630 N 76TH Place Subject | $475,000* List Price | 2 | 2 | 1,316 | $552 | - |
A 4848 N 73RD Street Sold | $390,000 | 2 | 2 | 1,075 | $363 | 0.4 mi |
B 7651 E COOLIDGE Street Sold | $349,000 List Price | 2 | 2 | 1,127 | 0.1 mi | |
C 4830 N 74TH Place Sold | $585,000 | 3 | 2 | 1,702 | $344 | 0.3 mi |
D 4938 N 78TH Street Sold | $500,000 | 2 | 2 | 1,440 | $347 | 0.3 mi |
E 4938 N 78TH Street Sold | $500,000 | 2 | 2 | 1,440 | $347 | 0.3 mi |
F 4938 N 78TH Street Sold | $500,000 | 2 | 2 | 1,440 | $347 | 0.3 mi |
G 4730 N 76TH Place Active Under Contract | $515,000 List Price | 2 | 2 | 1,381 | $373 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with significant recent capital improvements, including a new HVAC system (2023), a recently recoated roof, and dual-pane windows. While originally built in 1962, the interior has been updated with remodeled bathrooms, granite countertops, and newer kitchen appliances, placing it firmly in the 'good' category despite its age.
Situated in the historic Villa Monterey 55+ community, the property offers exceptional proximity to Old Town Scottsdale’s dining, art galleries, and the scenic canal path.
The home features a newer HVAC system (2023), a recently recoated roof, and dual-pane windows, providing immediate peace of mind and energy efficiency for the buyer.
The residence is move-in ready with granite countertops, newer appliances, and remodeled bathrooms, offering contemporary comforts within a charming historic framework.
As a 55+ community, the property has a restricted buyer pool, which may limit the speed of resale compared to non-restricted neighborhoods.
Despite significant updates, the 1962 construction may still feature original underlying infrastructure common in homes of this era.
Delightful two-bedroom, two-bath single-level residence located in the highly sought-after Historic Villa Monterey--Old Town Scottsdale's premier 55+ community. This charming home is move-in ready and features a classic floor plan with a front-facing kitchen. Recent updates include newer appliances, granite countertops, remodeled bathrooms, a newer HVAC system (2023), dual-pane windows, and a recently recoated roof. The covered back patio with a gazebo provides an inviting space for outdoor entertaining. Priced under $500,000, this home offers exceptional value in a prime location. Villa Monterey is a designated historic community known for its pride of ownership and timeless character. Streets lined with vintage-style lampposts create a warm, neighborhood atmosphere. Residents enjoy access to a community pool and spa, as well as convenient proximity to the canal path leading into Old Town Scottsdale--home to dining, entertainment, art galleries, spring training venues, car shows, Hayden Park, and the scenic waterfront.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 1.9 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,316 | 1,547 | 29% |
| Lot Size | 3,774 | 1,738 | 66% |
| Price | $475.0K | $295.0K | 71% |
| Price per sq ft | $361 | $222 | 88% |
| Built year | 1962 | 1969 | 14% |
| HOA | $705 | $475 | 80% |
| Days on market | 29 | 2230 | 2% |
Mar 24, 2026
$475,000
Initial Listing