
Scottsdale, AZ 85250
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5027 N 77TH Place Subject | $449,000* List Price | 2 | 2 | 1,016 | $377 | - |
A 8322 E ORANGE BLOSSOM Lane Sold | $439,000 | 2 | 2 | 1,302 | $337 | 0.7 mi |
B 5100 N MILLER Road 31 Sold | $399,500 List Price | 2 | 2 | 1,172 | 0.3 mi | |
C 7630 E PASADENA Avenue Sold | $525,000 | 2 | 2 | 1,316 | $399 | 0.2 mi |
D 5966 N 83RD Street Sold | $420,000 | 2 | 2 | 1,248 | $337 | 1.0 mi |
E 7714 E CHAPARRAL Road Active | $535,000 List Price | 2 | 2 | 1,316 | $407 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
The property is situated within walking distance to Scottsdale's premier dining, shopping, and entertainment districts, offering an exceptional urban lifestyle.
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.
This 'lock-and-leave' townhouse is ideal for seasonal residents or downsizers, offering a peaceful environment with community pool access and minimal upkeep.
The community is strictly owner-occupied with no rentals allowed, which eliminates investor interest and limits the owner's future exit strategy options.
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.
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 of beautiful Chaparral Park and a nearby grocery store. Enjoy the best of Scottsdale with exceptional dining, shopping, entertainment 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 rentals.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,016 | 1,571.969 |
| Lot Size | 2,877 | 2,069.021 |
| Price | $449.0K | $541.0K |
| Price per sq ft | $442 | $355 |
| Built year | 1967 | 1985 |
| HOA | $540 | $366 |
| Days on market | 43 | 87 |
Sep 8, 2026
$449,000
$475,000
-5% Price Drop
Initial Listing
Jul 28, 2026
$475,000
Initial Listing