5085 N GRANITE REEF Road, Scottsdale, AZ 85250, Scottsdale, 85250 - 3 bed, 2 bath
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Scottsdale, AZ 85250
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $495,000—positioned well below the $517,252 Fair Market Value by 4%. This valuation gap provides $22,252 in Instant Equity. Featuring a remodeled kitchen, hardwood floors, and a private patio, the property holds a Condition Rating of 2, ensuring a move-in ready experience. Located near top-rated schools like Pueblo Elementary, this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a low-maintenance lifestyle in prime Scottsdale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5085 N GRANITE REEF Road Subject | $485,000* List Price | 3 | 2 | 1,676 | $309 | - |
A 5060 N 83RD Street Sold | $545,000 List Price | 3 | 3 | 1,704 | 0.3 mi | |
B 5146 N GRANITE REEF Road Sold | $455,000 | 3 | 3 | 1,752 | $260 | 0.2 mi |
C 5077 N Granite Reef Road Sold | $499,000 List Price | 2 | 3 | 1,680 | 0.0 mi | |
D 8315 E ORANGE BLOSSOM Lane Sold | $525,000 | 3 | 2 | 1,576 | $333 | 0.2 mi |
E 8466 E CHAPARRAL Road Sold | $475,000 | 3 | 3 | 1,608 | $295 | 0.0 mi |
F 8333 E ORANGE BLOSSOM Lane Sold | $485,000 List Price | 3 | 2 | 1,576 | 0.1 mi | |
G 5135 N GRANITE REEF Road Active | $479,000 List Price | 2 | 3 | 1,680 | $285 | 0.0 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 a comprehensive modern renovation within the last 5 years. The kitchen and bathrooms feature contemporary finishes like quartz countertops, floating vanities, and custom tile work. Additionally, the listing confirms newer HVAC and water heater systems, making it move-in ready with no immediate maintenance required.
The property is move-in ready with high-end updates, including a remodeled kitchen with quartz countertops, hardwood flooring, and a spa-inspired primary suite with a custom glass shower.
Ideally situated near Old Town Scottsdale and Scottsdale Fashion Square, the home offers excellent access to premier dining, shopping, and the Loop 101 freeway.
Significant capital improvements including a newer HVAC system, water heater, and dual-paned windows provide enhanced energy efficiency and reduced immediate maintenance costs.
Built in 1968, the property may have underlying infrastructure or architectural limitations common to older developments despite the modern surface renovations.
The multi-level floorplan may be a drawback for buyers seeking single-story living or those with mobility concerns.
Updated and move-in ready, this beautifully maintained 3 bed, 2 bath townhome offers the perfect blend of modern upgrades and low-maintenance living in a prime Scottsdale location. Interior features include hardwood floors, newer dual-paned windows, plantation shutters, abundant natural light, and an open multi-level floorplan. The remodeled kitchen showcases sleek cabinetry, quartz countertops, stainless steel appliances, and a clean contemporary design that opens to the dining and living areas. The spacious primary suite features a spa-inspired bathroom complete with a custom walk-in glass shower, floating vanity, and generous closet space. Additional upgrades include a newer HVAC system and water heater, updated lighting, covered parking, and a charming private patio with beautiful hardscape and a retractable patio cover, ideal for relaxing or entertaining year-round. Located in a well-maintained community with lush grassy common areas, this home is just minutes from Scottsdale Fashion Square, Old Town Scottsdale, dining, shopping, entertainment, and offers easy access to the Loop 101 freeway.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 1.4 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,676 | 1,584 | 60% |
| Lot Size | 2,374 | 2,120 | 51% |
| Price | $485.0K | $325.0K | 68% |
| Price per sq ft | $289 | $260 | 55% |
| Built year | 1968 | 1974 | 13% |
| HOA | $322 | $269 | 70% |
| Days on market | 31 | 2295 | 2% |
May 22, 2026
$485,000
$495,000
-2% Price Drop
Initial Listing
May 14, 2026
$495,000
Initial Listing