6900 E 1ST Avenue 1, Scottsdale, AZ 85251, Scottsdale, 85251 - 3 bed, 4 bath
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Scottsdale, AZ 85251
This Modern 4-Story Townhouse is a Strong Value Opportunity, listed at $1,449,000—positioned well below the $1,547,269 Fair Market Value by 6%. This valuation gap offers $98,269 in Instant Equity. Boasting an Excellent Condition Rating, the 2021 build features a private studio suite, high-end kitchen, and a rooftop deck with mountain views. Located in Old Town Scottsdale with no HOA restrictions, it offers premier flexibility for income generation. This is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants seeking a luxury house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6900 E 1ST Avenue 1 Subject | $1,399,000* List Price | 3 | 4 | 2,010 | $696 | - |
A 6711 E CAMELBACK Road 77 Pending | $1,650,000 List Price | 2 | 3 | 2,136 | $772 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is nearly new and meets all criteria for the excellent category. The kitchen features high-end stainless steel appliances, including a Fisher & Paykel range, modern two-tone flat-panel cabinetry, and contemporary fixtures. The interior boasts consistent high-quality hard surface flooring, recessed lighting, and modern ceiling fans throughout. With its recent construction, the major systems and structural components are within their initial lifespan with no signs of deferred maintenance.
With no HOA restrictions and a private first-floor studio suite, this property is perfectly positioned for short-term rental income or a 'house-hacking' strategy to offset mortgage costs.
Located in the heart of Old Town Scottsdale, the property offers high walkability to premier dining, nightlife, and the iconic Hotel Valley Ho, ensuring strong long-term appreciation and demand.
Built in 2021, this nearly new home comes fully furnished with high-end finishes and a fourth-floor rooftop deck featuring a wet bar and mountain views, offering a move-in ready luxury experience.
The four-story configuration involves significant stair usage, which may be a deterrent for older buyers or those with mobility concerns, as no elevator is mentioned.
The assigned public schools, specifically the high school with a rating of 3, may be a concern for families prioritizing top-tier educational districts.
Seller financing (no bank financing needed) available with 10% down payment. Currently a short-term vacation rental. Fully furnished nearly new 4-story townhome in the heart of old town Scottsdale! Level 1: Full studio suite & private bathroom; attached garage. Level 2: Living room, high-end kitchen, half bath & walk-out covered patio. Level 3: Master suite & 2nd bedroom, 2 full baths. Level 4: Wet bar, small game area, large rooftop deck. Use the entire property or live in the main home & rent out the lower-level studio apartment to generate income (short-term vacation rental to subsidize your mortgage payment). All rental time periods okay, no HOA restirctons, in faxct NO HOA. turnkey vacation rental. Located in the heart of old town Scottsdale just east of the iconic 4-star Hotel Valle
No exterior & parking available.
Grades PK-6 • 1.9 mi
Grades PK-6 • 2.1 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 70% |
| Baths | 4.0 | 2.0 | 98% |
| Square foot | 2,010 | 1,506 | 83% |
| Lot Size | 2,302 | 1,738 | 57% |
| Price | $1.40M | $135.0K | 98% |
| Price per sq ft | $696 | $107 | 98% |
| Built year | 2021 | 1969 | 98% |
| HOA | $0 | $302 | 3% |
| Days on market | 92 | 2611 | 3% |
May 19, 2026
$1,399,000
$1,449,000
-3% Price Drop
Initial Listing
Mar 7, 2026
$1,449,000
Initial Listing