7230 E Mayo Boulevard 4028, Scottsdale, AZ 85255, Scottsdale, 85255 - 1 bed, 1 bath
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Scottsdale, AZ 85255
This Luxury Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $774,000—positioned well below the $783,826 Fair Market Value by 1%. This valuation gap offers $9,826 in Instant Equity. Featuring a Mint Condition Rating and high-end JennAir appliances, this 2027 new construction offers a Mountain View and resort-style amenities. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, low-maintenance lifestyle in North Scottsdale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7230 E Mayo Boulevard 4028 Subject | $774,000* List Price | 1 | 1 | 967 | $811 | - |
A 7230 E Mayo Boulevard 2002 Pending | $730,000 List Price | 1 | 1 | 875 | $834 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction luxury condominium with a completion date of 2027. As a brand-new build, it features mint condition designer finishes, high-end JennAir appliances, and state-of-the-art systems, requiring zero maintenance.
The development offers an unparalleled luxury lifestyle with a rooftop pool and spa, fitness center, pickleball courts, and a golf simulator, providing a resort-style experience for residents.
The residence features floor-to-ceiling windows and a spacious 181 SF private terrace with Optima's signature vertical garden, creating a seamless connection between high-end interiors and the outdoors.
Ideally situated near the Loop 101, the property provides immediate access to premium retail and dining options, including Whole Foods and Buck & Rider, ensuring high desirability and convenience.
With a projected completion date in 2027, buyers must navigate a significant multi-year wait before the property is ready for occupancy or rental income generation.
The monthly association fee of $757 is substantial for a one-bedroom unit, which may impact the overall affordability and net investment yield for potential owners.
Now Selling: Optima McDowell Mountain, North Scottsdale's newest luxury condominium community, delivering Spring/Summer/Fall 2027. This 4th-floor residence features a 1-bedroom, 1-bath floor plan with approximately 967 SF of interior living space and 181 SF of private outdoor terrace space. Courtyard-facing, the home offers a peaceful setting with soft natural light and a strong indoor-outdoor connection. Interiors include floor-to-ceiling windows, a designer kitchen with JennAir appliances, and a private terrace complemented by Optima's signature vertical garden design. Residents enjoy a full suite of amenities including a rooftop pool and spa, fitness center, pickleball courts, golf simulator, and more--all ideally located near Whole Foods, Buck & Rider, and Loop 101.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 23% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 967 | 1,447 | 23% |
| Lot Size | 343,439 | 1,048.5 | 95% |
| Price | $774.0K | $460.0K | 68% |
| Price per sq ft | $800 | $378 | 95% |
| Built year | 2027 | 2003 | 95% |
| HOA | $757 | $312 | 91% |
| Days on market | 45 | 2172 | 5% |
May 5, 2026
$774,000
Initial Listing