5335 E Shea Boulevard 1042, Scottsdale, AZ 85254, Scottsdale, 85254 - 3 bed, 2 bath
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Scottsdale, AZ 85254
This rare 3-bedroom residence is a High-Potential Investment Opportunity, listed at $418,000—positioned well below the $469,886 Fair Market Value by 11%. This valuation gap offers $51,886 in Instant Equity for buyers. Featuring a Condition Rating of 3, the interior is move-in ready with granite countertops, wood-look tile flooring, and a private garage. Situated within the 9/10 rated Cherokee Elementary School boundary, this property combines resort-style amenities with significant appreciation potential. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5335 E Shea Boulevard 1042 Subject | $418,000* List Price | 3 | 2 | 1,257 | $374 | - |
A 5335 E SHEA Boulevard 1056 Sold | $425,000 List Price | 2 | 2 | 1,076 | 0.1 mi | |
B 5122 E SHEA Boulevard 1062 Sold | $419,000 List Price | 2 | 2 | 1,086 | 0.5 mi | |
C 5335 E SHEA Boulevard 2040 Active | $349,900 List Price | 2 | 2 | 1,056 | $331 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent updates that elevate it above its 1993 construction date. Key improvements include granite countertops, refreshed white cabinetry, modern wood-look tile flooring, brand-new carpeting, and fresh interior paint. The kitchen and bathrooms appear well-maintained with updated surfaces, and the overall aesthetic is contemporary and clean, requiring no immediate renovations.
Elementary School: Cherokee Elementary School (9/10).
As the largest floor plan in the community, this rare 3-bedroom unit includes a private garage, offering significantly more space and utility than standard condo offerings in the area.
The interior features modern upgrades including granite countertops, fresh paint, brand-new carpeting, and wood-look tile flooring, minimizing immediate post-purchase renovation costs.
Built in 1993, the property may soon require maintenance or updates to original building systems and common areas typical of a 30-year-old complex.
Being part of a large condominium complex, residents may experience less privacy and potential noise from neighboring units compared to detached single-family housing.
Presenting the largest floor plan in the community, this rare 3-bedroom condo with a private garage is located in the highly sought-after Bella Terra. Enjoy resort-style amenities including a heated pool, spa, fitness center, and clubhouse. Ideally situated near top golf, shopping, and dining, the home features granite countertops, crisp white cabinetry, wood-look tile flooring, ceiling fans, fresh interior paint, and brand-new carpet throughout. This quiet interior unit sits near a peaceful courtyard with a ramada and BBQ grills, plus scenic mountain views and walking paths along the greenbelt next to Camelback Golf Club.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,257 | 1,273 | 44% |
| Lot Size | 1,261 | 1,194 | 53% |
| Price | $418.0K | $350.0K | 60% |
| Price per sq ft | $333 | $341 | 49% |
| Built year | 1993 | 1998 | 28% |
| HOA | $275 | $366 | 28% |
| Days on market | 59 | 2029 | 2% |
Feb 23, 2026
$418,000
Initial Listing