
Scottsdale, AZ 85251
This Renovated Luxury Waterfront Residence is a Prime Investment Opportunity listed at $1,995,000—positioned well below the $2,043,052 Fair Market Value by 2%. This valuation gap offers $48,052 in Instant Equity. Boasting an Excellent Condition Rating, the home features a redesigned Viking kitchen, custom electronic shades, and unobstructed mountain and canal views. Residents access elite rooftop amenities near the top-rated Hopi Elementary School. This turnkey sanctuary is the definitive choice for Luxury Lifestyle Seekers or Seasonal Residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7181 E CAMELBACK Road 907 Subject | $1,995,000* List Price | 2 | 3 | 2,265 | $902 | - |
A 7181 E Camelback Road 901 Sold | $2,450,000 | 3 | 4 | 2,503 | $979 | 0.0 mi |
B 7137 E RANCHO VISTA Drive 6011 Sold | $1,450,000 | 2 | 2 | 1,734 | $836 | 0.3 mi |
C 7175 E Camelback Road 601 Pending | $1,995,000 List Price | 3 | 4 | 2,503 | $797 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property qualifies for an excellent rating due to extensive recent renovations that bring it up to modern luxury standards. The kitchen has been completely redesigned with high-end Viking appliances, custom cabinetry, and quartz countertops. The primary bathroom is fully renovated, and the living area features a newly designed gas fireplace and custom electronic shades. While the building was constructed in 2007, the interior finishes, flooring, and systems appear virtually new and well-maintained, meeting the criteria for a property renovated within the last 5 years.
The residence features high-end upgrades including a redesigned kitchen with Viking appliances, quartz countertops, and a fully renovated primary bath, offering a turnkey luxury experience.
Situated on an upper floor, the unit boasts a desirable split floor plan with two private balconies providing stunning mountain and canal views overlooking the iconic fountain.
Residents benefit from 24/7 concierge services and resort-style amenities, including a rooftop pool, wine cellar, and the rare convenience of two side-by-side parking spaces.
The monthly HOA fee of $3,022 represents a significant recurring carrying cost that may impact the overall value proposition for some luxury buyers.
Constructed in 2007, the building is approaching two decades of age, which may lead to upcoming capital improvement assessments or competition from newer ultra-luxury developments.
Beautifully renovated residence at the Scottsdale Waterfront Residences, offering a rare 2 bedroom + Den, upper-floor location with two private balconies, a desirable split floor plan, and stunning mountain and canal views. Exceptional finishes are showcased throughout, including a redesigned kitchen with quartz countertops, custom cabinetry, and Viking appliances. The living space is anchored by a newly designed gas fireplace and enhanced with custom electronic shades, including blackout features for added comfort. The primary suite serves as a private retreat, featuring a fully renovated bath and its own balcony overlooking the canal and iconic fountain below taking in the peaceful setting of the surrounding views. This home is truly move-in ready. Simply arrive, settle in, and begin enjoying effortless downtown living. The home comes with 2 side-by-side parking spaces and 1 large storage unit. Residents of the Waterfront enjoy premier amenities including a fitness center, rooftop pool and spa, club room, wine cellar, and outdoor BBQ areas, along with the convenience of concierge services.
No exterior & parking available.
Grades K-5 • 2.4 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 2,265 | 1,174.5 | 94% |
| Lot Size | - | 829 | 10% |
| Price | $2.00M | $302.5K | 97% |
| Price per sq ft | $881 | $288 | 97% |
| Built year | 2007 | 1981 | 64% |
| HOA | $3022 | $350 | 97% |
| Days on market | 30 | 2555 | 1% |
Mar 23, 2026
$1,995,000
Initial Listing