5027 N 77TH Place, Scottsdale, AZ 85250, Scottsdale, 85250 - 2 bed, 2 bath
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5027 N 77TH Place
Scottsdale, AZ 85250
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,016Sq Ft
2,877Lot Size
Property Price
LIST PRICE$448,000
EST. MARKET VALUE
$384,074
16% AboveMARKET VALUE
SUMMARY
This 55+ Retirement Townhouse is a High-Potential Investment Opportunity, listed at $475,000—positioned well above the $391,528 Fair Market Value by -21%. While the property features a Condition Rating of 3 with a Granite Kitchen and newer HVAC, the strict no-rental policy limits its use to primary residents. Its prime location offers a low-maintenance lifestyle within walking distance to Old Town Scottsdale. This property is an ideal acquisition for Downsizers or Owner-Occupants seeking a peaceful, move-in ready sanctuary.
Estimated Market Value
$384,074
Based on Realkey algorithm analyzing recent comparable sales in Scottsdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5027 N 77TH Place Subject 2 bd · 2 ba · 1,016 sqft · $378 | $448,000* List Price | 2 | 2 | 1,016 | $378 | - |
A 8457 E CHAPARRAL Road Sold 3 bd · 2 ba · 1,320 sqft · $352 · 0.9 mi | $465,000 | 3 | 2 | 1,320 | $352 | 0.9 mi |
B 8322 E ORANGE BLOSSOM Lane Sold 2 bd · 2 ba · 1,302 sqft · $337 · 0.7 mi | $439,000 | 2 | 2 | 1,302 | $337 | 0.7 mi |
C 5100 N MILLER Road 19 Sold 2 bd · 2 ba · 1,172 sqft · $358 · 0.3 mi | $420,000 | 2 | 2 | 1,172 | $358 | 0.3 mi |
D 7714 E CHAPARRAL Road Active 2 bd · 2 ba · 1,316 sqft · $407 · 0.1 mi | $535,000 List Price | 2 | 2 | 1,316 | $407 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates to 1967, the property has undergone a clear mid-term renovation (estimated 5-15 years ago) featuring granite countertops, updated cabinetry, and recessed lighting in the kitchen. The listing highlights newer critical systems including the roof and HVAC, and the interior finishes like the laminate flooring appear well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Old Town Location
The property is situated within walking distance to Scottsdale's premier dining, shopping, and entertainment districts, offering an exceptional urban lifestyle.
- Updated Major Systems
Featuring a newer roof and A/C system, the home provides significant value and peace of mind by reducing the need for immediate capital improvements.
- Low-Maintenance Lifestyle
This 'lock-and-leave' townhouse is ideal for seasonal residents or downsizers, offering a peaceful environment with community pool access and minimal upkeep.
CONSRISKS & DEFICIENCIES
- Strict Rental Restrictions
The community is strictly owner-occupied with no rentals allowed, which eliminates investor interest and limits the owner's future exit strategy options.
- Age and Size Constraints
Built in 1967 with just 1,016 square feet of living space, the property may feel dated or confined compared to more modern residential developments.
About 5027 N 77TH Place
SELLER OFFERING CONCESSIONS TOWARD RATE BUY DOWN! Old Town Scottsdale living with an incredible lock-and-leave lifestyle--and an HOA of just $549 per YEAR! If you're ready to simplify without sacrificing location, privacy or the Scottsdale lifestyle, this charming home is the perfect place for you. Located in a peaceful, well-maintained 55+ owner-occupied community, this home is just steps from the community pool and within easy walking distance to Chaparral Park. Enjoy the best of Scottsdale with exceptional dining, shopping, and Old Town attractions just minutes away.With a newer roof and A/C, you can enjoy peace of mind while spending less time on home maintenance and more time enjoying everything Scottsdale has to offer. The owner-occupied community does not permit rental
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1967
- Lot Size
- 2,877 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $540 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,016 | 1,567.743 |
| Lot Size | 2,877 | 1,911.145 |
| Price | $448.0K | $531.4K |
| Price per sq ft | $441 | $344 |
| Built year | 1967 | 1985 |
| HOA | $540 | $362 |
| Days on market | 88 | 88 |
Pricing History
Listed for Sale
Oct 16, 2026
$448,000
$449,000
+0% Price Increase
Initial Listing
Price Change
Sep 8, 2026
$449,000
$475,000
-5% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$475,000
Initial Listing