7121 E RANCHO VISTA Drive 2006, Scottsdale, AZ 85251, Scottsdale, 85251 - 3 bed, 2 bath
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Scottsdale, AZ 85251
This Luxury Remodeled Corner Residence is a Strong Value Opportunity, listed at $1,590,000—positioned well below the $1,726,759 Fair Market Value by 7%. This valuation gap provides $136,759 in Instant Equity. Boasting a Recent Renovation Condition Rating, the unit features upgraded flooring, lighting, and a private view of lush greenery. Residents access world-class amenities including a state-of-the-art fitness center, indoor/outdoor pools, and concierge services. With a proven five-figure monthly rental history, this is an elite acquisition for Luxury Lifestyle Seekers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7121 E RANCHO VISTA Drive 2006 Subject | $1,590,000* List Price | 3 | 2 | 2,129 | $811 | - |
A 7137 E RANCHO VISTA Drive 6011 Sold | $1,450,000 | 2 | 2 | 1,734 | $836 | 0.1 mi |
B 7151 E RANCHO VISTA Drive 5001 Sold | $1,320,000 | 2 | 2 | 1,681 | $785 | 0.1 mi |
C 6321 E Phoenician Boulevard 7 Sold | $1,895,000 List Price | 2 | 3 | 2,336 | 0.9 mi | |
D 7117 E RANCHO VISTA Drive 3006 Pending | $1,890,000 List Price | 3 | 4 | 2,320 | $815 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2010, the property has undergone a recent remodel including flooring and lighting upgrades. The kitchen and bathrooms feature modern cabinetry and stone surfaces in mint condition, meeting the criteria for a recent renovation (<5 years) with no maintenance required.
Residents enjoy an unparalleled lifestyle with access to a state-of-the-art fitness center, indoor and outdoor pools, racquetball and basketball courts, and a concierge, all within the prestigious Optima Camelview Village.
This recently remodeled corner unit features upgraded flooring and lighting, is offered fully furnished, and has a proven track record of generating five-figure monthly rental income.
Situated in the heart of Old Town Scottsdale, this unit is one of the largest floorplans available and is uniquely positioned in a corner to offer an extremely private view compared to other units in the complex.
The monthly association fee of $1,457 is substantial, which may impact the overall affordability for some buyers or the net ROI for long-term investors.
For a large 2,129 square foot three-bedroom residence, the presence of only two bathrooms may be a limitation for families or high-end renters expecting more en-suite facilities.
Take a look at this recently remodeled Optima condo. One of the largest floorpans in the building nestled in a corner with a unique and extremely private view. This unit has had recent flooring and lighting upgrades and is being offered furnished. This unit comes with a rare 10x10 on site storage unit and two parking spots. Great investment opportunity as the unit was recently leased for 5 figures. Known for its amenities, residents of the Optima enjoy concierge service, gated parking, a state-of-the-art fitness center, steam and locker rooms, an indoor pool and spa, two outdoor zen pools, racquetball and basketball courts, a putting green, dog park, and an on-site restaurant. All of this, just seconds from premier dining, shopping, and entertainment in Old Town Scottsdale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 89% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,129 | 1,188 | 93% |
| Lot Size | 2,090 | 889 | 96% |
| Price | $1.59M | $285.0K | 98% |
| Price per sq ft | $747 | $305 | 96% |
| Built year | 2010 | 1980 | 87% |
| HOA | $1457 | $322 | 93% |
| Days on market | 47 | 2907 | 2% |
Apr 27, 2026
$1,590,000
Initial Listing