7244 E SOLANO Drive, Scottsdale, AZ 85250, Scottsdale, 85250 - 4 bed, 2 bath
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7244 E SOLANO Drive
Scottsdale, AZ 85250
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
2,598Sq Ft
7,337Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,597,413
15% BelowMARKET VALUE
SUMMARY
This Turnkey Scottsdale Townhouse represents a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,597,414 Fair Market Value by 15%. This valuation gap provides $247,414 in Instant Equity. Featuring a high-end renovation and an Excellent Condition Rating, the home includes a private pool and modern open-concept living. Located near top-rated schools like Kiva Elementary, this property is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or sophisticated investors prioritizing immediate equity and prime location.
Estimated Market Value
$1,597,413+$247,413 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Scottsdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7244 E SOLANO Drive Subject 4 bd · 2 ba · 2,598 sqft · $615 | $1,350,000* List Price | 4 | 2 | 2,598 | $615 | - |
A 7310 E SAN MIGUEL Avenue Sold 3 bd · 2 ba · 2,459 sqft · $610 · 0.1 mi | $1,499,888 | 3 | 2 | 2,459 | $610 | 0.1 mi |
B 7368 E SAN MIGUEL Avenue Active 3 bd · 2 ba · 2,450 sqft · $531 · 0.2 mi | $1,299,900 List Price | 3 | 2 | 2,450 | $531 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern open-concept kitchen with quartz countertops and stainless appliances, updated wood-look flooring, contemporary lighting, and mint-condition finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Scottsdale Location
Situated in the heart of Scottsdale, this property offers exceptional walkability to premier dining, shopping, and resorts, while maintaining convenient 15-minute access to Sky Harbor International Airport.
- Resort-Style Private Amenities
The home features a rare private retreat including a sparkling pool and lushly landscaped backyard, providing a serene outdoor living space that is highly desirable for the Arizona climate.
- Fee Simple Ownership
A significant advantage in this specific area is that the property is not on leased land, offering buyers full land ownership which simplifies financing and enhances long-term equity growth.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- High Monthly Carrying Costs
The association fee of $696 per month is substantial and may be a deterrent for buyers sensitive to recurring monthly overhead or those comparing the property to single-family homes with lower fees.
- Market Positioning
At a $1.35M price point, the property may face stiff competition from detached single-family residences, as some buyers in this bracket may perceive a townhouse classification as offering less privacy or autonomy.
About 7244 E SOLANO Drive
NOT LEASED LAND Welcome to this beautifully designed four-bedroom home featuring the 4th bedroom a versatile den and a sophisticated modern feel throughout. Thoughtfully appointed with clean lines, stylish finishes, and an inviting open-concept layout, this home blends comfort with contemporary elegance. Step outside to your own private retreat, where a beautifully landscaped backyard creates a serene escape complete with a sparkling pool, lush greenery, and plenty of space for relaxing or entertaining. Whether you're enjoying a quiet morning outdoors or hosting friends and family, this home offers the perfect balance of modern living and resort-style tranquility. Located in a highly sought-after neighborhod in the heart of Scottsdale. Walking distance to fabulous restarants, shopping, resorts and entertainment! 15 minutes from Sky Harbor!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 7,337 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $696 / Month
Neighborhood Insights
Scottsdale Unified Schools
Kiva Elementary School
Grades PK-6 • 0.5 mi
7/10
Mohave Middle School
Grades 6-8 • 1.5 mi
7/10
Saguaro High School
Grades 9-12 • 1.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,598 | 1,567.743 |
| Lot Size | 7,337 | 1,911.145 |
| Price | $1.35M | $531.4K |
| Price per sq ft | $520 | $344 |
| Built year | 1979 | 1985 |
| HOA | $696 | $362 |
| Days on market | 23 | 88 |
Pricing History
Listed for Sale
Oct 1, 2026
$1,350,000
Initial Listing