
Scottsdale, AZ 85251
This property presents a High-Potential Investment Opportunity with a List Price of $159,900—positioned slightly above the $158,574 Fair Market Value. While the unit requires cosmetic updates to reach its full potential, its Condition Rating of 4 ensures it is move-in ready. Located in a prime Scottsdale area with resort-style amenities like a pool, spa, and gym, this unit offers significant lifestyle appeal. Given the high HOA fees and land lease structure, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level Scottsdale residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4800 N 68TH Street 279 Subject | $159,900* List Price | 1 | 1 | 624 | $254 | - |
A 4800 N 68TH Street 246 Active | $169,000 List Price | 1 | 1 | 624 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, the property is well-maintained but dated. The kitchen features older white appliances and painted cabinetry, while the bathroom retains a basic wood vanity and older fixtures, suggesting a renovation age of 15-25 years. It is move-in ready but requires cosmetic updates to meet modern standards.
The property is ideally situated within walking distance to Scottsdale Fashion Square and the vibrant entertainment district of Old Town, offering high walkability and lifestyle appeal.
Residents benefit from an extensive suite of community features, including a guard-gated entry, pool, spa, gym, and unique on-site conveniences like a restaurant, bar, and salon.
This 'blank slate' unit is bright and clean with tile flooring throughout the living areas and newer carpet in the bedroom, allowing for immediate occupancy or easy customization.
The monthly association fee of $751 is significantly high for a 624-square-foot unit, which may deter budget-conscious buyers or investors looking for higher cap rates.
The property is subject to land lease requirements, which can complicate traditional financing options and may impact long-term equity growth compared to fee-simple ownership.
This bright, white, cozy one bedroom condo is ready for move in! Make it your own it's a blank slate. There is tile throughout living area and newer carpet in the bedroom. The condominium is located in middle of the complex for privacy. Walking distance to Fashion Square and downtown entertainment in Old Town. Special community with manicured grass, flowers, guard gate, pool, spa, gym, laundry, salon with restaurant, bar and clubhouse. Walking paths throughout the property. Please review HOA and Land lease fee requirements . Don't miss this special condo!
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 624 | - |
| Lot Size | 60 | - |
| Price | $159.9K | $586.7K |
| Price per sq ft | $256 | $402 |
| Built year | 1969 | 0 |
| HOA | $751 | $0 |
| Days on market | 27 | 2386 |
Jun 26, 2026
$159,900
Initial Listing