4923 N GRANITE REEF Road, Scottsdale, AZ 85251, Scottsdale, 85251 - 2 bed, 3 bath
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Scottsdale, AZ 85251
This Modernized Scottsdale Townhome is a Strong Value Opportunity, listed at $499,000—positioned well below the $522,834 Fair Market Value by 4%. This valuation gap provides $23,834 in Instant Equity. Boasting a Condition Rating of 2, the interior features dual primary suites, high-end wood-look tile, and granite countertops. Residents enjoy a private covered patio and access to a heated community pool near Old Town Scottsdale. This turnkey residence is an elite acquisition for Owner-Occupants seeking a lifestyle upgrade or Buy-and-Hold Investors targeting a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4923 N GRANITE REEF Road Subject | $499,000* List Price | 2 | 3 | 1,656 | $316 | - |
A 8375 E INDIAN SCHOOL Road Sold | $485,000 | 3 | 3 | 1,608 | $302 | 1.0 mi |
B 7826 E MARIPOSA Drive Active | $534,999 List Price | 2 | 2 | 1,494 | $358 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1968, the property has undergone extensive recent renovations that meet modern quality standards. The interior features high-end wood-look tile flooring, updated recessed lighting, and plantation shutters. The bathrooms are fully modernized with granite countertops, vessel sinks, and contemporary fixtures, while the laundry area and kitchen components appear recently updated with shaker-style cabinetry and newer appliances.
The floor plan features two spacious primary suites on the upper level, each with its own private bathroom and ample closet space, providing excellent privacy for roommates or guests.
Ideally situated near Old Town Scottsdale, the property offers convenient access to premier shopping, dining, parks, and major freeways, making it a highly desirable area for residents.
Residents benefit from a robust amenity package including a heated pool, clubhouse, and walking/biking paths, enhancing the overall lifestyle and value of the townhome.
Built in 1968, the property may require updates to its original systems or cosmetic finishes to align with modern energy efficiency and design standards.
The inclusion of covered carport spaces rather than a private enclosed garage may be a drawback for buyers seeking maximum security or climate-controlled storage for vehicles.
Located in the desirable Scottsdale, this spacious townhome offers dual primary suites upstairs--each with its own private bathroom and ample closet space. The main level includes an open living and dining area, an eat-in kitchen, and a convenient half bath, making it ideal for both everyday living and entertaining. Step outside to a private covered patio with additional storage, perfect for enjoying Arizona's indoor/outdoor lifestyle. Residents enjoy access to community amenities including a heated pool, clubhouse, and walking/biking paths. The property also includes two covered carport spaces and is ideally situated near Old Town Scottsdale, shopping, dining, parks, and easy freeway access!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,656 | 1,569.5 | 64% |
| Lot Size | 1,729 | 1,729 | 50% |
| Price | $499.0K | $295.0K | 73% |
| Price per sq ft | $301 | $222 | 64% |
| Built year | 1968 | 1969 | 36% |
| HOA | $365 | $450 | 45% |
| Days on market | 34 | 2230 | 2% |
Mar 19, 2026
$499,000
Initial Listing