7301 E 3RD Avenue 303, Scottsdale, AZ 85251, Scottsdale, 85251 - 2 bed, 2 bath
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Scottsdale, AZ 85251
This Sophisticated Modern Loft is a Strong Value Opportunity, listed at $895,000—positioned well below the $947,382 Fair Market Value by 5%. This valuation gap provides $52,382 in Instant Equity for the incoming owner. Boasting a Good Condition Rating, the residence features soaring ceilings, industrial finishes, and a large covered balcony. Located in the heart of Old Town Scottsdale near Fashion Square, the property offers resort-style amenities and unparalleled walkability to elite dining. This is an ideal acquisition for luxury-seeking professionals or Owner-Occupants prioritizing a vibrant urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7301 E 3RD Avenue 303 Subject | $895,000* List Price | 2 | 2 | 1,759 | $539 | - |
A 7141 E Rancho Vista Drive 6008 Sold | $725,000 List Price | 2 | 2 | 1,668 | 0.8 mi | |
B 7141 E RANCHO VISTA Drive 6007 Sold | $845,000 | 2 | 2 | 1,416 | $597 | 0.8 mi |
C 6990 E 6th Street 1022 Sold | $749,000 | 3 | 4 | 1,825 | $410 | 0.7 mi |
D 7167 E RANCHO VISTA Drive 2007 Sold | $650,000 | 2 | 2 | 1,268 | $513 | 0.8 mi |
E 7141 E RANCHO VISTA Drive 6007 Sold | $845,000 | 2 | 2 | 1,416 | $597 | 0.8 mi |
F 6990 E 6th Street 1016 Sold | $755,000 | 2 | 4 | 1,847 | $409 | 0.6 mi |
G 7301 E 3RD Avenue 301 Active | $725,000 List Price | 2 | 2 | 1,303 | $556 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is move-in ready and falls within the 10-20 year age bracket for a 'good' rating. The interior features a well-maintained modern industrial aesthetic with soaring ceilings, exposed ductwork, and track lighting. The kitchen is equipped with functional stainless steel appliances and quality cabinetry, while the bathrooms and flooring appear clean and in good condition with no immediate need for renovation.
Situated in the heart of Old Town Scottsdale, this residence offers unparalleled walkability to luxury shopping at Fashion Square, world-class dining, art galleries, and vibrant nightlife.
The loft features soaring ceilings, expansive windows, and an open-concept layout that perfectly captures a sophisticated industrial design while flooding the space with natural light.
Residents enjoy high-end resort-style perks including a concierge, fitness center, pool, and spa, along with the rare convenience of two dedicated underground parking spaces.
The monthly association fee of $1,075 is significant and may impact the overall affordability or investment yield for certain buyers.
The property is zoned for schools with lower academic ratings, such as Coronado High School (rated 3/10), which may be a concern for families prioritizing public education.
One of the larger exclusive loft residences at Third Avenue Lofts, this sophisticated 2BR/2BA condo places you in the heart of Old Town Scottsdale all while offering incredible privacy with luxury living. Soaring ceilings, expansive windows, upgraded finishes and an open-concept layout showcase the building's signature modern industrial design while creating light-filled spaces ideal for both relaxing and entertaining. Large covered balcony extends living space outdoors. Ideally located near the elevator for effortless access, with two dedicated parking spaces just steps away in the secure underground garage. Enjoy resort-style amenities including pool, spa, fitness center & concierge services mere moments from Fashion Square, acclaimed dining, galleries, nightlife and freeways.
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades PK-6 • 1.5 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,759 | 1,174.5 | 90% |
| Lot Size | 1,203 | 864.5 | 71% |
| Price | $895.0K | $302.5K | 91% |
| Price per sq ft | $509 | $288 | 81% |
| Built year | 2005 | 1981 | 64% |
| HOA | $1075 | $350 | 91% |
| Days on market | 48 | 2556 | 1% |
Mar 5, 2026
$895,000
Initial Listing