
Scottsdale, AZ 85250
This property presents a High-Potential Investment Opportunity with a List Price of $349,900—positioned well below the $310,438 Fair Market Value by -12%. While the list price exceeds the current valuation, the No Age Restricted status in Villa Monterey 9 and Mountain Views provide significant long-term marketability. With a Condition Rating of 4, the unit is functional but offers clear potential for cosmetic value-add. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Scottsdale location near Old Town.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7706 E Sandalwood Drive B Subject | $349,900* List Price | 2 | 2 | 1,107 | $280 | - |
A 5100 N MILLER Road 31 Sold | $399,500 List Price | 2 | 2 | 1,172 | 0.3 mi | |
B 8330 E ORANGE BLOSSOM Lane Sold | $305,000 List Price | 2 | 2 | 1,302 | 0.8 mi | |
C 6048 N 79TH Street Sold | $330,000 | 2 | 1 | 1,053 | $313 | 0.9 mi |
D 5140 N 83RD Street Sold | $400,000 | 3 | 2 | 1,352 | $296 | 0.6 mi |
E 5932 N 83RD Street Sold | $389,000 List Price | 3 | 3 | 1,464 | 0.9 mi | |
F 8203 E VISTA Drive Active Under Contract | $390,000 List Price | 3 | 2 | 1,352 | $288 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is well-maintained and functional but clearly dated. The kitchen features older white appliances, an electric coil cooktop, and basic cabinetry that appears to have been refreshed more than 15 years ago. While move-in ready, the interior finishes and fixtures require cosmetic updates to meet modern standards.
Situated with easy access to Old Town Scottsdale, Fashion Square, and the Loop 101, this property offers exceptional proximity to premier shopping, dining, and entertainment.
Located in Villa Monterey 9, this unit is uniquely not age-restricted, significantly increasing its marketability to a wider range of buyers and investors compared to neighboring 55+ communities.
The open floorplan features a split-bedroom layout for maximum privacy and a private patio that offers scenic mountain views, enhancing the overall living experience.
As an upstairs condo, the unit requires stair access, which may limit appeal for buyers with mobility concerns or those specifically seeking ground-level living.
Built in 1973, the property may require cosmetic modernizations or infrastructure updates to compete with newer or fully renovated luxury units in the Scottsdale area.
Incredible opportunity to get into Scottsdale, in Villa Monterey 9 (which is NOT AGE RESTRICTED), at an incredible price, as an owner occupant or investor with this 2 bed / 2 bath, upstairs condo. Unit is tucked nicely in the interior of the community and has great views from the private patio, all just steps from community pool & spa. Open floorplan has great room layout w/ 2 split bedrooms. Primary bath has dual sinks and separate patio exit. Eat-in kitchen features all appliances, and there is a full size washer & dryer in the unit! Fantastic Scottsdale location gives you easy access to Loop 101, SCC, Chaparral park, Fashion Square, Old Town Scottsdale and so much more! Unit works great as a primary or lock & leave residence as well as a rental!
No exterior & parking available.
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 | 1,107 | 1,581 | 17% |
| Lot Size | 155 | 2,120 | 4% |
| Price | $349.9K | $339.9K | 50% |
| Price per sq ft | $316 | $263 | 65% |
| Built year | 1973 | 1974 | 44% |
| HOA | $2760 | $275 | 98% |
| Days on market | 25 | 2171 | 2% |
May 12, 2026
$349,900
Initial Listing