
Scottsdale, AZ 85250
This Spacious Value-Add Townhome is listed at $650,000, aligning closely with its $632,621 Fair Market Value. Located in the iconic 55+ Villa Monterey community, this property carries a Condition Rating of 5, signaling a prime opportunity for a custom interior overhaul. The 2,320 sqft end-unit features a rare enclosed sunroom, private patio, and a large wraparound yard in the heart of the Old Town Historic District. Given the strict No Rentals policy, this is a high-potential acquisition for 55+ Owner-Occupants or Renovators looking to create a bespoke residence in a premier Scottsdale location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7607 E BONITA Drive Subject | $650,000* List Price | 3 | 3 | 2,320 | $273 | - |
A 7666 E Bonita Drive Sold | $602,000 | 3 | 3 | 2,282 | $264 | 0.1 mi |
B 5146 N GRANITE REEF Road Sold | $455,000 | 3 | 3 | 1,752 | $260 | 1.0 mi |
C 5058 N 83RD Street Sold | $512,500 | 3 | 3 | 1,704 | $301 | 0.8 mi |
D 5468 N 78TH Street Sold | $470,000 List Price | 3 | 2 | 1,605 | 0.4 mi | |
E 7958 E SANDALWOOD Drive Sold | $475,000 List Price | 2 | 2 | 1,832 | 0.4 mi | |
F 8206 E CHAPARRAL Road Active | $525,000 List Price | 3 | 3 | 1,704 | $308 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1969 and marketed as a 'prime opportunity to make your own,' this property requires substantial rehabilitation. The listing description explicitly mentions the need for a substantial budget for modern updates, and given its 55-year age without mention of recent major renovations, it fits the criteria for significant system and cosmetic depreciation.
Situated in the Historic District of Old Town Scottsdale, this property offers walking-distance access to world-class dining, Fashion Square shopping, and the Scottsdale Waterfront.
Boasting 2,320 sqft on a large cul-de-sac lot with a wraparound yard, this home provides significantly more privacy and outdoor living space than standard townhomes.
The floorplan includes rare upgrades such as an enclosed sunroom, cedar walk-in closets, and a guest room balcony, offering character and functional versatility.
The community's 'No Rentals' policy ensures quiet enjoyment but eliminates the property's potential as an investment or secondary income source.
Marketed as an opportunity to 'make your own,' the 1969-built interior likely requires a substantial budget for modern updates and cosmetic improvements.
Charming 3 bed, 3 bath end-unit townhome in Scottsdale's iconic 55+ Villa Monterey. With 2,320 sqft on a large cul-de-sac lot, this home is a prime opportunity to make your own. Features include an open floorplan, rare enclosed sunroom, plantation shutters, spacious primary suite, cedar walk-in closet, and guest room balcony. Enjoy a private patio and wraparound yard. Located in Old Town's Historic District, near dining, parks, waterfront, and shopping. Fashion Square and Spring Training nearby. Pet-friendly, low HOA, No Rentals for quiet enjoyment, and access to community pool, spa, and clubhouse. Rare chance to customize your dream home in one of Scottsdale's most iconic neighborhoods. Do not disturb tenants. Location!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,320 | 1,632.5 | 86% |
| Lot Size | 6,190 | 2,873 | 93% |
| Price | $650.0K | $387.5K | 84% |
| Price per sq ft | $280 | $265 | 51% |
| Built year | 1969 | 1974 | 32% |
| HOA | $653 | $275 | 92% |
| Days on market | 313 | 1992 | 16% |
Jun 13, 2025
$650,000
Initial Listing