6885 E COCHISE Road 204, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 2 bed, 2 bath
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Paradise Valley, AZ 85253
This Top-Floor Paradise Valley Condo represents a High-Potential Investment Opportunity, listed at $324,500—positioned well below the $499,467 Fair Market Value by 35%. This significant valuation gap secures $174,967 in Instant Equity for the buyer. While the property holds a Condition Rating of 4 due to its dated interior, it features vaulted ceilings, a private balcony, and a community pool and spa. Located in the prestigious Cherokee Elementary (9/10) boundary, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to build wealth through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6885 E COCHISE Road 204 Subject | $324,500* List Price | 2 | 2 | 1,049 | $476 | - |
A 6945 E Cochise Road 130 Sold | $380,000 | 2 | 2 | 1,205 | $315 | 0.1 mi |
B 10301 N 70TH Street 103 Sold | $355,000 | 2 | 2 | 1,061 | $335 | 0.2 mi |
C 9990 N Scottsdale Road 1038 Sold | $252,000 | 1 | 1 | 814 | $310 | 0.5 mi |
D 10444 N 69TH Street 210 Active | $345,000 List Price | 2 | 2 | 1,091 | $316 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this property is exceptionally well-maintained but lacks modern updates, placing it firmly in the 'fair' category. The kitchen features original-style oak cabinetry, laminate countertops, and dated appliances, including a white coil-top electric range. While the unit is move-in ready and benefited from gentle use as a second home, the overall aesthetic—including the carpeting, tile, and light fixtures—is outdated and reflects the property's 36-year age without evidence of a major recent renovation.
Elementary School: Cherokee Elementary School (9/10).
Situated in a highly desirable Paradise Valley/Scottsdale corridor, the property offers immediate access to premier shopping, dining, nightlife, and top-rated schools.
As a top-floor unit with no neighbors above, the condo features vaulted ceilings that enhance the sense of space and a split floorplan for maximum bedroom privacy.
With a build date of 1988 and neutral decor, the interior likely requires cosmetic modernization to meet the expectations of contemporary luxury buyers.
At 1,049 square feet, the living space is relatively modest for a two-bedroom unit, which may limit furniture configurations and storage options.
WONDERFUL PRIME LOCATION FOR THIS 2 BEDROOM /2 BATHROOM CONDO CLOSE TO SCOTTSDALE NIGHTLIFE, SHOPPING, DINING & SERVICES. Nestled in among the lush greenery lies this open & spacious condo with vaulted ceiling & a private balcony. It has been gently occupied as a 2nd home for the last 18 years. It has a split floorplan for maximum privacy with no neighbors above. Neutral decor throughout is very inviting. There is tiled flooring in all the right places. Unwind by the pool/heated spa or out on your private balcony that overlooks mature landscaping. There is guest parking right out front as well as BBQs & the short pathway to the pool & to the clubhouse. Here is a great opportunity to own a lovely & spacious condo in a great location within the complex and also in the surrounding community.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,049 | 1,107 | 30% |
| Lot Size | 105 | 1,093.5 | 10% |
| Price | $324.5K | $365.5K | 40% |
| Price per sq ft | $309 | $325 | 30% |
| Built year | 1988 | 1992 | 40% |
| HOA | $379 | $328 | 70% |
| Days on market | 54 | 1070 | 10% |
Feb 27, 2026
$324,500
Initial Listing