7245 E Las Palmaritas Drive, Scottsdale, AZ 85258, Scottsdale, 85258 - 3 bed, 2 bath
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Scottsdale, AZ 85258
This Spacious Townhouse represents a Strong Value Opportunity, listed at $899,000—positioned well below the $1,000,993 Fair Market Value by 10%. This valuation gap offers $101,993 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home includes recent mechanical upgrades and a private patio, though it requires cosmetic modernization. Located in the prestigious Briarwood 6 subdivision near top-rated schools like Cochise Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Scottsdale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7245 E Las Palmaritas Drive Subject | $849,000* List Price | 3 | 2 | 2,586 | $380 | - |
A 7267 E Vaquero Drive Sold | $865,000 | 3 | 3 | 2,061 | $420 | 0.2 mi |
B 7537 N SACATON Road Active | $1,000,000 List Price | 3 | 3 | 2,382 | $420 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the home is well-maintained with significant updates to major systems including a recoated roof, newer mechanicals, and new windows/doors. However, the interior remains dated, with original-style gold-trim bathrooms and older carpeting that require cosmetic modernization.
Elementary School: Cochise Elementary School (9/10).
Situated in the prestigious Briarwood 6 subdivision, the property is surrounded by million-dollar neighborhoods and offers immediate access to Old Town, Fashion Square, and top-tier dining.
The home features significant upgrades including all-new windows and doors, a recently recoated roof, and newer mechanical systems, reducing immediate maintenance costs for the buyer.
The property is currently on a land lease, which may complicate traditional financing options and requires a separate $260,000 purchase to own the lot outright.
While well-maintained, the 1983-built home is marketed as needing personal touches, indicating that buyers may need to budget for interior modernizations to meet current luxury standards.
Trendous Opportunity! Fantastic location in the premier subdivision of Briarwood 6 in the heart of Scottsdale, surrounded by million dollar plus subdivisions of Gainey Ranch, McCormick Ranch & Paradise Valley Farms. Minutes to Fashion Square, Old Town, golf courses, fine dining, & vibrant nightlife. The home has been well maintained: all new windows & doors, recently recoated roof, newer solid mechanicals, new washer/dryer & with some furnishings included. Spacious home in this wonderful community and ready for your personal touches! This is a land lease which provides signicant advantages & savings such as a lower PURCHASE price and substancially reduced property taxes (see documents page for details). Plus extremely low HOA dues! NOTE: The lot may also be purchased for $260,000 at COE.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,586 | - |
| Lot Size | 7,499 | - |
| Price | $849.0K | $586.7K |
| Price per sq ft | $328 | $402 |
| Built year | 1983 | 0 |
| HOA | $173 | $0 |
| Days on market | 35 | 2386 |
Jun 25, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
Jun 18, 2026
$899,000
Initial Listing