5704 E AIRE LIBRE Avenue 1048, Scottsdale, AZ 85254, Scottsdale, 85254 - 2 bed, 3 bath
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Scottsdale, AZ 85254
This Townhouse represents a Strong Value Opportunity, listed at $310,000—positioned slightly above the $301,618 Fair Market Value. While the property requires minor updates, its Condition Rating of 4 reflects a functional, well-maintained space featuring a new refrigerator and dual master suites. Located in the highly desirable 85254 zip code, residents benefit from proximity to top-rated schools like North Ranch Elementary and resort-style amenities including a private patio and community pool. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a prime Scottsdale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5704 E AIRE LIBRE Avenue 1048 Subject | $310,000* List Price | 2 | 3 | 1,088 | $277 | - |
A 5640 E BELL Road 1099 Sold | $360,000 | 2 | 2 | 1,137 | $317 | 0.2 mi |
B 5640 E BELL Road 1055 Sold | $368,000 | 2 | 2 | 1,268 | $290 | 0.3 mi |
C 5704 E AIRE LIBRE Avenue 1235 Pending | $325,000 List Price | 2 | 3 | 1,088 | $299 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is nearly 40 years old and maintains a mostly original, dated aesthetic in the kitchen and bathrooms. While the interior is functional and features a new refrigerator, the kitchen cabinetry and bathroom fixtures exceed the 20-30 year threshold for modern standards. Additionally, the exterior patio tile is cracked and requires repair, fitting the criteria for a property that is functional but needs minor repairs and updates.
Situated in the highly desirable 85254 zip code, this property offers excellent proximity to major freeways (Loop 101 and SR-51) and access to top-rated schools, including North Ranch Elementary and Desert Shadows Middle School.
The floor plan is highly functional with two spacious bedrooms, each featuring private ensuite bathrooms and vaulted ceilings, making it an ideal setup for roommates, guests, or a home office.
The community features well-maintained grounds and a large resort-style pool with cabanas, providing a high-end lifestyle feel at an accessible price point for the North Scottsdale market.
Built in 1985, the property may soon require capital improvements for aging infrastructure or systems common in 40-year-old buildings, despite recent cosmetic updates like flooring and a new refrigerator.
With 53 days on the market and a recent price reduction from $315,000 to $310,000, the property is experiencing slower-than-average absorption, which may suggest it is still searching for its competitive price floor.
Charming 2-bedroom, 2.5-bath townhome in a desirable North Scottsdale community! This light-filled home features wood and tile flooring throughout and vaulted ceilings in both bedrooms that create an open, airy feel. Each spacious bedroom includes its own private ensuite bath. The inviting living area offers a cozy fireplace and flows into a bright kitchen with a BRAND NEW REFRIGERATOR, ample cabinetry, dining space & natural light. A convenient in-unit stacked washer & dryer and half bath complete the main level. Step outside to a private north-facing patio-perfect for relaxing or weekend BBQs. The community features a large resort-style pool with cabanas and well-maintained grounds. Prime location near Loop 101, SR-51, shopping, dining, golf, and everything North Scottsdale has to offer!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,088 | 1,958 | 11% |
| Lot Size | 504 | 1,304 | 11% |
| Price | $310.0K | $400.0K | 33% |
| Price per sq ft | $285 | $322 | 33% |
| Built year | 1985 | 1986 | 33% |
| HOA | $289 | $300 | 44% |
| Days on market | 68 | 1661 | 11% |
Jun 2, 2026
$310,000
$315,000
-2% Price Drop
Initial Listing
Apr 17, 2026
$315,000
Initial Listing