5150 N GRANITE REEF Road, Scottsdale, AZ 85250, Scottsdale, 85250 - 2 bed, 3 bath
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5150 N GRANITE REEF Road
Scottsdale, AZ 85250
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,752Sq Ft
1,829Lot Size
Property Price
LIST PRICE$455,000
EST. MARKET VALUE
$480,589
5% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Townhome is a Strong Value Opportunity, listed at $479,999—positioned well below the $488,834 Fair Market Value by 1.8%. This valuation gap offers $8,835 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a Modernized Kitchen with granite counters and a private primary suite with Camelback Mountain views. Located near Top-Rated Schools like Pueblo Elementary, this property is an ideal fit for Owner-Occupants seeking a lifestyle upgrade or first-time buyers prioritizing a turnkey, high-quality residence.
Estimated Market Value
$480,589+$25,589 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5150 N GRANITE REEF Road Subject 2 bd · 3 ba · 1,752 sqft · $274 | $455,000* List Price | 2 | 3 | 1,752 | $274 | - |
A 8242 E ORANGE BLOSSOM Lane Sold 3 bd · 3 ba · 1,656 sqft · $289 · 0.2 mi | $479,400 | 3 | 3 | 1,656 | $289 | 0.2 mi |
B 5143 N GRANITE REEF Road Sold 3 bd · 3 ba · 1,608 sqft · $299 · 0.2 mi | $480,000 | 3 | 3 | 1,608 | $299 | 0.2 mi |
C 5105 N 83RD Street Sold 3 bd · 3 ba · 1,752 sqft · $265 · 0.1 mi | $465,000 | 3 | 3 | 1,752 | $265 | 0.1 mi |
D 5107 N 83RD Street Sold 3 bd · 3 ba · 1,752 sqft · $228 · 0.1 mi | $400,000 | 3 | 3 | 1,752 | $228 | 0.1 mi |
E 5032 N 78TH Street Sold 2 bd · 2 ba · 1,914 sqft · $285 · 0.8 mi | $545,000 | 2 | 2 | 1,914 | $285 | 0.8 mi |
F 8323 E KEIM Drive Sold 3 bd · 2 ba · 1,584 sqft · $303 · 1.0 mi | $480,000 | 3 | 2 | 1,584 | $303 | 1.0 mi |
G 5070 N 83RD Street Sold 4 bd · 3 ba · 1,704 sqft · $282 · 0.2 mi | $480,000 | 4 | 3 | 1,704 | $282 | 0.2 mi |
H 5631 N 79TH Street 2 Sold 3 bd · 3 ba · 1,604 sqft · $332 · 0.7 mi | $532,000 | 3 | 3 | 1,604 | $332 | 0.7 mi |
I 5135 N GRANITE REEF Road Active 2 bd · 3 ba · 1,680 sqft · $274 · 0.2 mi | $459,900 List Price | 2 | 3 | 1,680 | $274 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1969, the property features a very recent, high-quality renovation (likely <5 years). It includes modern wood-look flooring, a contemporary kitchen with granite countertops, white flat-panel cabinets, and stainless steel appliances, along with updated bathrooms, putting it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Views
Situated within walking distance of Chaparral Park and offering scenic views of Camelback Mountain from the primary suite, this property boasts a highly desirable Scottsdale location.
- Modernized Kitchen
The eat-in kitchen features contemporary upgrades including granite countertops, stainless steel appliances, and a functional peninsula with a breakfast bar.
- Enhanced Primary Suite
The primary bedroom offers a spacious layout with double-door entry, dual walk-in closets, and a modern glass-enclosed shower, providing a premium retreat.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Originally built in 1969, the property may require more frequent maintenance or updates to aging infrastructure compared to modern developments.
- Carport Parking
The residence provides assigned carport spaces rather than a private enclosed garage, which may limit security and storage options for some buyers.
About 5150 N GRANITE REEF Road
Seize the chance to own this charming townhome in Chateau De Vie! You're greeted by an inviting living room with a soothing palette, blinds, and wood-look flooring for a timeless appeal. Prepare delicious meals in the eat-in kitchen, equipped with granite counters, white flat-panel cabinets, a tile backsplash, sleek stainless steel appliances, and a peninsula with a breakfast bar for casual dining. Double doors lead to the primary bedroom, with a private bathroom and a glass-enclosed shower and his and her walk-in closets with great storage. Unwind at the end of a long day on the covered patio, perfect for outdoor dining or refreshing drinks. You'll also have assigned carport spaces and a storage shed. Walking distance from chaparral park and views of camelback from the master bedroom.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1969
- Lot Size
- 1,829 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $344 / Month
Neighborhood Insights
Scottsdale Unified Schools
Pueblo Elementary School
Grades PK-6 • 1.3 mi
8/10
Mohave Middle School
Grades 6-8 • 0.3 mi
7/10
Saguaro High School
Grades 9-12 • 1.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,752 | 1,567.743 |
| Lot Size | 1,829 | 1,911.145 |
| Price | $455.0K | $531.4K |
| Price per sq ft | $260 | $344 |
| Built year | 1969 | 1985 |
| HOA | $344 | $362 |
| Days on market | 37 | 88 |
Pricing History
Listed for Sale
Oct 17, 2026
$455,000
$464,999
-2% Price Drop
Initial Listing
Price Change
Sep 29, 2026
$464,999
$479,999
-3% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$479,999
Initial Listing