
Scottsdale, AZ 85251
This Studio Condominium represents a Strong Value Opportunity, listed at $194,500—positioned slightly above the $191,329 Fair Market Value. While the price reflects current market stability, the unit features a Condition Rating of 3, showcasing significant interior updates including wood-look flooring and a modern kitchen. Residents enjoy a lock-and-leave lifestyle with access to two pools, a spa, and a private patio. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a prime Old Town Scottsdale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6125 E INDIAN SCHOOL Road 286 Subject | $194,500* List Price | 1 | 1 | 519 | $369 | - |
A 6125 E INDIAN SCHOOL Road 280 Active | $199,500 List Price | 1 | 1 | 519 | $384 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1962, the unit has been significantly updated with wood-look flooring and a modern kitchen featuring stainless steel appliances and updated cabinetry. The interior appears well-maintained, functional, and move-in ready, consistent with a 5-15 year renovation cycle.
Situated in the heart of Scottsdale, this property offers exceptional walkability and proximity to world-class shopping at Fashion Square, the Arcadia district, and popular canal recreation paths.
Priced under $200,000, this unit represents a rare and affordable entry point into the highly competitive Scottsdale real estate market, making it an attractive option for first-time buyers or investors.
The monthly association fee covers almost all utilities except electricity, simplifying monthly budgeting and providing significant value for a lock-and-leave lifestyle.
The 90-day minimum rental policy prevents short-term vacation rental strategies (like Airbnb), which may limit the property's appeal to high-yield investors.
The 519-square-foot studio layout is quite small for long-term occupancy, and the lack of in-unit laundry facilities may be a drawback for modern buyers seeking maximum convenience.
Prime Old Town Scottsdale location! This second-floor studio condo offers the perfect lock-and-leave lifestyle in a highly desirable community close to Fashion Square, Arcadia, and the canal paths. Open layout with wood-look flooring, functional kitchen with dishwasher and microwave, and a private patio overlooking the pool. Community features two pools, spa, laundry facilities, mature landscaping, and assigned parking. HOA includes all utilities except electric. 90-day minimum rentals allowed. Incredible value in a top Scottsdale location with endless dining, shopping, and recreation nearby.
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 519 | - |
| Lot Size | 550 | - |
| Price | $194.5K | $492.3K |
| Price per sq ft | $375 | $376 |
| Built year | 1962 | 0 |
| HOA | $380 | $0 |
| Days on market | 30 | 2506 |
May 27, 2026
$194,500
Initial Listing