5995 N 78TH Street 2081, Scottsdale, AZ 85250, Scottsdale, 85250 - 1 bed, 1 bath
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Scottsdale, AZ 85250
This Affordable Scottsdale Condominium is listed at $224,900, offering a low-barrier entry point into a premier real estate market. While the $167,265 Fair Market Value reflects the unit's Condition Rating of 4, the dated interior provides a clear path for forced appreciation through cosmetic updates. The property features a private balcony with mountain and greenbelt views, access to resort-style saltwater pools, and proximity to Top-Rated Pueblo Elementary. This listing is a strategic opportunity for Buy-and-Hold Investors or first-time buyers seeking to own for less than the cost of local rent.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5995 N 78TH Street 2081 Subject | $219,900* List Price | 1 | 1 | 560 | $297 | - |
A 5877 N GRANITE REEF Road 1137 Sold | $199,950 | 1 | 1 | 680 | $294 | 0.7 mi |
B 5877 N GRANITE REEF Road 2212 Active | $250,000 List Price | 1 | 1 | 680 | $368 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1981 (43 years old) and the listing does not mention any recent renovations to the kitchen or bathroom. While the community amenities are well-maintained and the unit is marketed as move-in ready, the age suggests a dated interior that likely requires cosmetic updates and minor repairs to meet modern standards.
Situated near Old Town Scottsdale and directly across from a dog park and greenbelt, this property offers exceptional access to premier dining, shopping, and outdoor recreation.
With an impressively low monthly HOA fee of $179 and a competitive price point, this condo presents a highly affordable entry into the Scottsdale market, often costing less than local rent.
The community features high-end upgrades including two saltwater pools and a fitness center, complemented by a private balcony offering desirable mountain and greenbelt views.
At only 560 square feet, the compact interior layout may be a constraint for buyers seeking more storage or a spacious living environment.
A recent price reduction from $239,000 suggests the property may have faced initial challenges with market valuation relative to its 1981 vintage and size.
OWN FOR LESS THAN RENT!!!! LOW $179.38 HOA FEES!! Across the street from dog park. Close to downtown Old Scottsdale. Two inviting (salt water) swimming pools, one of them heated, w/spa. Fitness center, and a media room.! Balcony view to Biking/walking path surrounding the greenbelt. Minutes away from dining, shopping, and, great entertainment. Super close parking in space 88. Vacant, view UP TO 10PM.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 560 | 1,467 | 7% |
| Lot Size | 53 | 1,200 | 7% |
| Price | $219.9K | $315.0K | 47% |
| Price per sq ft | $393 | $338 | 67% |
| Built year | 1981 | 1981 | 50% |
| HOA | $179 | $245 | 13% |
| Days on market | 94 | 2208 | 7% |
May 8, 2026
$219,900
$224,900
-2% Price Drop
Initial Listing
Apr 17, 2026
$224,900
$239,000
-6% Price Drop
Initial Listing
Mar 5, 2026
$239,000
Initial Listing