4901 E KELTON Lane 1229, Scottsdale, AZ 85254, Scottsdale, 85254 - 2 bed, 2 bath
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Scottsdale, AZ 85254
This Updated Scottsdale Townhome-Style Condominium is a Prime Investment Opportunity, listed at $360,000—positioned well below the $416,876 Fair Market Value by 13%. This valuation gap provides $56,876 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the interior features quartz countertops, stainless steel appliances, and plantation shutters. Located in the premier 85254 zip code near Horizon High School and Mayo Clinic, it offers immediate lifestyle quality and strong appreciation potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4901 E KELTON Lane 1229 Subject | $360,000* List Price | 2 | 2 | 1,088 | $383 | - |
A 5640 E BELL Road 1029 Sold | $275,000 List Price | 2 | 2 | 1,137 | 0.9 mi | |
B 4901 E KELTON Lane 1052 Active | $352,000 List Price | 2 | 2 | 960 | $367 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several high-quality modern updates, including quartz countertops, stainless steel appliances, and plantation shutters. While the building was constructed in 1984, the interior has been well-maintained with updated tile and wood flooring, crown molding, and a neutral color palette. It does not reach the 'excellent' category due to its age and some remaining dated elements like popcorn ceilings, but it is in significantly better condition than a typical 'fair' property of this era.
Situated in the highly desirable 85254 zip code, this property offers exceptional proximity to major employment hubs like Mayo Clinic and American Express, as well as premier shopping at Kierland Commons and Desert Ridge.
The home features high-quality contemporary finishes, including sleek quartz countertops, stainless steel appliances, and elegant plantation shutters, making it move-in ready for a sophisticated buyer.
The townhome-style design provides a clear separation of space with sizable upstairs bedrooms and a sun-filled main level featuring tile flooring and a cozy fireplace for enhanced character.
Built in 1984, the property and complex may face upcoming maintenance requirements or capital improvements typical of a forty-year-old development.
At 1,088 square feet, the interior living space is relatively compact, which may be a constraint for buyers requiring more room for a home office or additional storage.
Don't miss your chance to own this adorable two-story townhome, offering style and functionality! Be welcomed by the sun-filled living room, enhanced by tile flooring, neutral palette, plantation shutters, and a cozy fireplace that adds warmth and character. Sliding glass doors in the dining area create a seamless indoor-outdoor living experience. The kitchen comes with stainless steel appliances, ample cabinetry, tile backsplash, and sleek quartz counters. Head upstairs to find the sizable bedrooms. In the primary bedroom, you will have wood floors and a private bathroom, bringing comfort to your daily routine. Enjoy peaceful mornings on the open patio. Seize this rare opportunity while it's available! Prime location with easy access to Loop 101, making commuting simple throughout Scottsdale and North Phoenix. Just minutes from Mayo Clinic, the American Express campus, and other major employment centers, making it ideal for professionals. Enjoy nearby shopping, dining, and entertainment at Desert Ridge, Kierland Commons, and Scottsdale Quarter, all just a short drive away. Perfect for buyers seeking convenience, lifestyle, and strong future resale appeal.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 1.2 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 | 1,088 | 1,273 | 28% |
| Lot Size | 476 | 1,130 | 19% |
| Price | $360.0K | $350.0K | 53% |
| Price per sq ft | $331 | $341 | 49% |
| Built year | 1984 | 1998 | 2% |
| HOA | $309 | $366 | 33% |
| Days on market | 48 | 2029 | 2% |
Mar 6, 2026
$360,000
Initial Listing