7669 E MONTECITO Avenue, Scottsdale, AZ 85251, Scottsdale, 85251 - 3 bed, 3 bath
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Scottsdale, AZ 85251
This High-Potential Investment Opportunity is listed at $545,000, positioned well below the $566,553 Fair Market Value by 3%. This valuation gap provides $21,553 in Instant Equity. Featuring a Mint Condition Rating following a comprehensive high-end renovation, this townhouse includes a modern open-concept kitchen and a private patio. Located near Old Town Scottsdale, it is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey property with significant rental potential in a high-demand district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7669 E MONTECITO Avenue Subject | $545,000* List Price | 3 | 3 | 1,656 | $342 | - |
A 8375 E INDIAN SCHOOL Road Sold | $485,000 | 3 | 3 | 1,608 | $302 | 0.9 mi |
B 7638 E NORTHLAND Drive Sold | $600,000 | 3 | 3 | 1,890 | $317 | 0.7 mi |
C 7826 E MARIPOSA Drive Sold | $518,000 | 2 | 2 | 1,494 | $347 | 0.6 mi |
D 4601 N 73RD Street 7 Sold | $448,000 | 2 | 3 | 1,426 | $314 | 0.5 mi |
E 4748 N 75TH Place Sold | $493,550 | 2 | 2 | 1,502 | $329 | 0.6 mi |
F 4209 N MILLER Road Active Under Contract | $519,000 List Price | 3 | 3 | 1,704 | $305 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1967, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern open-concept kitchen with shaker cabinets and stainless appliances, updated bathrooms with contemporary tile work, new flooring, and an industrial-style staircase, meeting the criteria for mint condition with no immediate maintenance required.
Situated within walking distance to Old Town Scottsdale's premier dining, shopping, and nightlife, offering exceptional lifestyle appeal and high desirability.
The combination of a low HOA fee and a rental/Airbnb-friendly policy makes this an ideal opportunity for short-term or long-term income generation in a high-demand area.
Features a contemporary open-concept layout with an updated kitchen and seamless indoor-outdoor flow via oversized sliding doors to a private patio.
Originally constructed in 1967, the property may have underlying maintenance needs or older mechanical systems that require attention despite recent cosmetic updates.
As a townhouse with a compact lot size and shared walls, the property offers minimal private yard space compared to detached single-family homes.
Welcome to this beautifully updated 3-bedroom, 2.5-bath home in one of Scottsdale's most desirable locations! Just a short walk from the restaurants, shopping, nightlife, and entertainment of Old Town Scottsdale, this spacious home offers the perfect blend of style, comfort, and investment potential. The open-concept main floor features a modern kitchen with a large island overlooking the expansive living area, while oversized double sliding glass doors create seamless indoor-outdoor living and open to a private patio. With a low HOA and rental/Airbnb-friendly community, this property is an incredible opportunity for a primary residence, second home, or income-producing investment in the heart of Scottsdale. Buyer to verify all facts and figures
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,656 | - |
| Lot Size | 1,729 | - |
| Price | $545.0K | $586.7K |
| Price per sq ft | $329 | $402 |
| Built year | 1967 | 0 |
| HOA | $260 | $0 |
| Days on market | 8 | 2386 |
Jul 15, 2026
$545,000
Initial Listing