5877 N GRANITE REEF Road 1114, Scottsdale, AZ 85250, Scottsdale, 85250 - 1 bed, 1 bath
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Scottsdale, AZ 85250
This Turnkey Designer Condo is a High-Potential Investment Opportunity, listed at $299,900—positioned above the $262,961 Fair Market Value. While priced for its premium condition, the property offers a Mint Condition Rating with a complete high-end remodel, including a spa-inspired marble bath and designer kitchen. Located in the heart of Scottsdale, this unit provides a low-maintenance lifestyle with resort-style amenities and proximity to top-rated schools like Pueblo Elementary. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5877 N GRANITE REEF Road 1114 Subject | $299,900* List Price | 1 | 1 | 680 | $387 | - |
A 5995 N 78TH Street 1108 Sold | $315,000 | 2 | 2 | 919 | $343 | 0.8 mi |
B 5877 N GRANITE REEF Road 2212 Active | $245,000 List Price | 1 | 1 | 680 | $360 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete high-end remodel within the last 5 years. It features a brand new designer kitchen with quartz countertops and stainless appliances, a spa-inspired bathroom with floor-to-ceiling marble, and new flooring and fixtures throughout, meeting the criteria for mint condition with no maintenance required.
The unit has been completely renovated with high-end finishes, including a designer kitchen with quartz countertops, luxury vinyl plank flooring, and a spa-inspired marble bathroom, offering a move-in-ready experience.
The monthly association fee covers major utilities such as air conditioning, heating, water, sewer, and trash, providing excellent value and simplified monthly budgeting for the owner.
Located in the heart of Scottsdale with high walkability to shops and dining, the property offers quick access to Old Town, the 101 freeway, and resort-style community amenities.
At only 680 square feet, the compact one-bedroom layout may feel restrictive for buyers needing extra storage space or a dedicated home office.
While the interior is modern, the 1980 construction date suggests that the overall complex infrastructure is aging, which could lead to future maintenance requirements for the association.
Completely remodeled ground-floor condo in Scottsdale's Monterra-- Brand new furniture available to convey! Everything is brand new! Designer kitchen with light wood cabinets, quartz counters, mosaic backsplash & stainless appliances. New luxury vinyl plank flooring, recessed LED lighting, fixtures & paint throughout. Sliding doors open to a private covered patio. Spa-inspired bath with floor-to-ceiling marble tile, oversized frameless walk-in shower with rain head, and floating vanity with matte black hardware. Primary suite with walk-in closet. New LG stacked washer/dryer, smart lock & covered parking. Resort-style amenities: heated pool & spa, gym, tennis, BBQ. HOA covers water, sewer, trash, AC/heat & exterior. Walk to shops & dining--minutes to Old Town, the 101 & Sky Harbor!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 680 | 1,377.5 | 17% |
| Lot Size | 665 | 1,190 | 25% |
| Price | $299.9K | $307.4K | 50% |
| Price per sq ft | $441 | $319 | 83% |
| Built year | 1980 | 1981 | 42% |
| HOA | $376 | $238 | 92% |
| Days on market | 42 | 2415 | 8% |
May 5, 2026
$299,900
Initial Listing