7394 E BUENA TERRA Way, Scottsdale, AZ 85250, Scottsdale, 85250 - 2 bed, 2 bath
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Scottsdale, AZ 85250
This property presents a High-Potential Investment Opportunity with a List Price of $643,000—positioned above the $568,983 Fair Market Value by 13%. While the property requires a full interior overhaul due to its Condition Rating of 5, the 1,842 sqft layout, vaulted ceilings, and oversized lot provide a strong foundation for value-add renovations. Located minutes from Old Town Scottsdale, this asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive modernization to capture the area's high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7394 E BUENA TERRA Way Subject | $643,000* List Price | 2 | 2 | 1,842 | $309 | - |
A 7958 E SANDALWOOD Drive Sold | $475,000 List Price | 2 | 2 | 1,832 | 0.8 mi | |
B 5468 N 78TH Street Sold | $470,000 List Price | 3 | 2 | 1,605 | 0.4 mi | |
C 6349 N 78TH Street 72 Sold | $510,000 List Price | 2 | 2 | 1,288 | 0.9 mi | |
D 7914 E MONTEBELLO Avenue Active | $795,000 List Price | 2 | 2 | 1,768 | $450 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old) and explicitly marketed as an 'Investor Special,' this property requires significant rehab. While some granite and a new tub have been added, the kitchen features original 80s cabinetry, and the primary bathroom is in a state of mid-renovation with exposed wiring, missing mirrors, and mismatched old/new fixtures.
Situated in the gated La Jolla Blanca community, the property is minutes from Old Town Scottsdale's world-class dining, shopping, and nightlife, ensuring high demand and long-term value.
The interior boasts soaring vaulted ceilings with exposed wood beams and a real wood-burning fireplace, providing a unique and sophisticated aesthetic foundation for a modern remodel.
Set on a rare, expansive lot for a townhouse, the property features an extended private patio and a yard with fruit trees, offering superior outdoor living space and privacy.
Marketed as an 'Investor Special,' the home requires a full interior overhaul and modernization, which will necessitate a substantial additional capital investment.
At a list price of $643,000 for a 2-bedroom unit needing work, the margin for profit may be slim for investors once renovation costs and the $410 monthly HOA fee are factored in.
INVESTOR SPECIAL. Roll up your sleeves and let the work begin. Experience Scottsdale living in the gated La Jolla Blanca! This townhouse features soaring vaulted ceilings with exposed wood beams, a real wood-burning fireplace, and granite countertops throughout. Set on a premium oversized lot with an extended private patio and yard with fruit trees. Perfect for investors or buyers ready to customize this home with their own finishes. Just minutes from all the shopping, dining, and nightlife of Old Town Scottsdale. Enjoy the community perks, including a pool and tennis court.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.1 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 | 1,842 | 1,584 | 79% |
| Lot Size | 5,729 | 2,120 | 91% |
| Price | $643.0K | $325.0K | 85% |
| Price per sq ft | $349 | $260 | 70% |
| Built year | 1984 | 1974 | 81% |
| HOA | $410 | $269 | 79% |
| Days on market | 27 | 2295 | 2% |
May 18, 2026
$643,000
Initial Listing