
Scottsdale, AZ 85257
This Turnkey Investment Asset is listed at $729,000, aligning perfectly with its $729,000 Fair Market Value. Boasting a Pristine Condition Rating, the 2019-built residence features a designer kitchen with custom cabinetry and a dramatic 10-foot sliding glass wall within the gated SKYE community. With a secured long-term tenant in place through October 2026, the property offers immediate stability and predictable cash flow in a high-demand South Scottsdale corridor. This sophisticated offering is an ideal acquisition for 1031 Exchange Investors or Portfolio Buyers seeking a low-maintenance, high-quality addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6806 E LYRA Drive Subject | $729,000* List Price | 3 | 3 | 2,005 | $364 | - |
A 1576 N 68TH Place Pending | $739,000 List Price | 3 | 3 | 2,005 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and features high-end, modern finishes throughout. The designer kitchen includes custom cabinetry, stone surfaces, and premium stainless steel appliances. The flooring, light fixtures, and overall interior condition are virtually new with no signs of physical depreciation or deferred maintenance.
The property includes a long-term tenant secured through October 2026, providing immediate and stable cash flow for 1031 exchange investors or portfolio buyers.
Built in 2019, the home features high-end upgrades including a designer kitchen with custom cabinetry and a 10-foot sliding glass wall that enhances natural light and indoor-outdoor flow.
Situated in the prestigious SKYE community, residents benefit from resort-style amenities and close proximity to Old Town Scottsdale’s world-class dining, galleries, and nightlife.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2352, living area = 2005.
The existing lease through late 2026 precludes immediate owner-occupancy, making the property unsuitable for buyers looking for a primary residence in the near term.
The assigned public schools have relatively low ratings (3 and 4), which may be a deterrent for families prioritizing high-performing educational districts.
An exceptional offering for the discerning investor, or someone seeking a 1031 exchange. This beautifully appointed residence comes with a long-term tenant in place through October 2026, providing a rare turnkey opportunity in one of South Scottsdale's most coveted enclaves. Meticulously upgraded by its original owner, the home showcases a designer-crafted kitchen with custom cabinetry, refined stone surfaces, and an artful backsplash. A premium glazing package and an impressive 10-foot sliding glass wall create a dramatic transition to the outdoors, infusing the home with natural light and resort-style ambiance. Nestled within the prestigious SKYE community, residents enjoy exclusive access to the pool, spa, fitness center, and a shaded BBQ ramada. Just moments from Scottsdale's celebrated dining, galleries, luxury events, ballparks, and vibrant nightlifeand with effortless access to scenic hiking trails, major freeways, and the airportthis is sophisticated living at its finest.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 2,005 | 1,620 | 79% |
| Lot Size | 2,352 | 7,443 | 1% |
| Price | $729.0K | $575.0K | 75% |
| Price per sq ft | $364 | $345 | 54% |
| Built year | 2019 | 1960 | 99% |
| HOA | $245 | $0 | 98% |
| Days on market | 180 | 1958 | 14% |
Oct 24, 2025
$729,000
Initial Listing