5902 N GRANITE REEF Road, Scottsdale, AZ 85250, Scottsdale, 85250 - 3 bed, 2 bath
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5902 N GRANITE REEF Road
Scottsdale, AZ 85250
PENDING
CONDITION: GOOD
3Beds
2Baths
1,426Sq Ft
2,789Lot Size
Property Price
LIST PRICE$415,000
EST. MARKET VALUE
$418,558
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $415,000—positioned well below the $418,558 Fair Market Value by 0.85%. This valuation gap offers $3,558 in Instant Equity. Featuring Brand New Floors, a Cozy Fireplace, and 4 Dedicated Parking Spaces, the property maintains a Condition Rating of 3. Located near Top-Rated Schools like Pueblo Elementary, this home offers a prime lifestyle for Owner-Occupants or Buy-and-Hold Investors seeking a move-in ready asset in the heart of Scottsdale.
Estimated Market Value
$418,558
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 |
|---|---|---|---|---|---|---|
★ 5902 N GRANITE REEF Road Subject 3 bd · 2 ba · 1,426 sqft · $294 | $415,000* List Price | 3 | 2 | 1,426 | $294 | - |
A 8334 E Valley Vista Drive Sold 2 bd · 2 ba · 1,174 sqft · $307 · 0.3 mi | $360,000 | 2 | 2 | 1,174 | $307 | 0.3 mi |
B 7809 E PLAZA Avenue Sold 2 bd · 2 ba · 1,510 sqft · $334 · 1.0 mi | $505,000 | 2 | 2 | 1,510 | $334 | 1.0 mi |
C 8213 E ROVEY Avenue Sold 3 bd · 2 ba · 1,584 sqft · $258 · 0.2 mi | $409,000 | 3 | 2 | 1,584 | $258 | 0.2 mi |
D 8538 E MCDONALD Drive Sold 3 bd · 3 ba · 1,584 sqft · $230 · 0.2 mi | $365,000 | 3 | 3 | 1,584 | $230 | 0.2 mi |
E 6051 N GRANITE REEF Road Sold 3 bd · 2 ba · 1,408 sqft · $295 · 0.2 mi | $414,900 | 3 | 2 | 1,408 | $295 | 0.2 mi |
F 5966 N 83RD Street Sold 2 bd · 2 ba · 1,248 sqft · $337 · 0.3 mi | $420,000 | 2 | 2 | 1,248 | $337 | 0.3 mi |
G 8322 E ORANGE BLOSSOM Lane Sold 2 bd · 2 ba · 1,302 sqft · $337 · 0.7 mi | $439,000 | 2 | 2 | 1,302 | $337 | 0.7 mi |
H 8420 E MONTEBELLO Avenue Sold 2 bd · 2 ba · 1,088 sqft · $295 · 0.1 mi | $321,000 | 2 | 2 | 1,088 | $295 | 0.1 mi |
I 5942 N 83RD Street Active 3 bd · 2 ba · 1,298 sqft · $339 · 0.2 mi | $440,000 List Price | 3 | 2 | 1,298 | $339 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property features brand new flooring throughout, fresh paint, and is in fully functional, move-in ready condition. While the kitchen features somewhat dated tile countertops, the cabinetry and appliances are well-maintained, and the overall interior presents well despite the 1973 build year.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Scottsdale Location
Situated in the heart of Scottsdale near major entertainment hubs, Scottsdale Community College, and MLB Spring Training stadiums, offering high desirability for residents and investors alike.
- Exceptional Parking Capacity
The property includes four dedicated parking spaces, a rare and highly convenient feature for a townhouse that significantly enhances its utility and market value.
- Recent Interior Upgrades
Featuring brand new flooring throughout and updated laundry appliances, the home offers a move-in-ready appeal that reduces immediate post-purchase renovation costs.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally constructed in 1973, the property may necessitate future investments in plumbing, electrical, or mechanical systems typical of homes from this era.
- Recurring HOA Expenses
The monthly association fee of $312 adds a fixed carrying cost that may impact the overall affordability and debt-to-income ratio for some prospective buyers.
About 5902 N GRANITE REEF Road
Value like this Scottsdale Gem, Do not last! Incredible Location & Investment Opportunity! Own a home in the heart of Scottsdale, perfectly located near Scottsdale Community College, and some of the Valley's best restaurants and entertainment. Whether you're looking for a primary residence, winter getaway, or investment property, this one checks all the boxes, including 4 dedicated parking spaces, rare and incredibly convenient, BRAND NEW FLOORS throughout, New washer and newer dryer included, cozy FIREPLACE, bright, welcoming living space, unbeatable Scottsdale location, near MLB Spring Training Stadiums, golfing, world renowned dining, resorts, and more
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 2,789 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $312 / Month
Neighborhood Insights
Scottsdale Unified Schools
Pueblo Elementary School
Grades PK-6 • 0.7 mi
8/10
Mohave Middle School
Grades 6-8 • 0.4 mi
7/10
Saguaro High School
Grades 9-12 • 0.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,426 | 1,567.743 |
| Lot Size | 2,789 | 1,911.145 |
| Price | $415.0K | $531.4K |
| Price per sq ft | $291 | $344 |
| Built year | 1973 | 1985 |
| HOA | $312 | $362 |
| Days on market | 32 | 88 |
Pricing History
Listed for Sale
Sep 22, 2026
$415,000
Initial Listing