
Scottsdale, AZ 85251
This Modernized Historic Villa Monterey Townhouse is a High-Potential Investment Opportunity, listed at $625,000—positioned well above the $599,052 Fair Market Value by -4%. Featuring a Mint Condition Rating, this home includes a high-end redesigned kitchen, new 4-ton HVAC, and a private guest suite. While the 55+ age restriction and HOA fees are factors, the comprehensive infrastructure upgrades ensure long-term stability. This property is an ideal acquisition for Retirees or Owner-Occupants seeking a turnkey, low-maintenance lifestyle in Scottsdale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7732 E Coolidge Street Subject | $625,000* List Price | 3 | 3 | 1,890 | $317 | - |
A 4601 N 73RD Street 7 Sold | $448,000 | 2 | 3 | 1,426 | $314 | 0.5 mi |
B 8100 E CAMELBACK Road 93 Sold | $710,000 List Price | 2 | 2 | 1,708 | 0.5 mi | |
C 8100 E CAMELBACK Road 93 Sold | $529,000 List Price | 2 | 2 | 1,708 | 0.5 mi | |
D 4938 N 78TH Street Sold | $500,000 | 2 | 2 | 1,440 | $347 | 0.2 mi |
E 4710 N 78TH Street Active | $599,000 List Price | 3 | 3 | 1,890 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality renovation within the last few years. Key updates include a redesigned kitchen with quartz countertops and stainless appliances, remodeled bathrooms, and critical system upgrades such as a new roof, new 4-ton HVAC with sealed ductwork, updated wiring, and new windows, placing it in mint, move-in ready condition.
Unlike typical quick-flip renovations, this home features significant owner-led improvements including a new 4-ton HVAC system with sealed ductwork, updated wiring, a redesigned roof, and new windows for enhanced energy efficiency.
The thoughtfully redesigned kitchen serves as a centerpiece, boasting quartz countertops, premium stainless steel appliances, and ample cabinetry that blends modern functionality with the home's historic character.
The floor plan offers a rare level of privacy for a townhouse, featuring a primary suite on the main level and a separate upstairs guest suite complete with a full bath and walk-in closet.
Located in Villa Monterey, the property is subject to 55+ age restrictions, which significantly limits the potential buyer pool and may impact long-term resale liquidity.
The association fee of $705 represents a significant recurring carrying cost that may deter budget-conscious buyers compared to non-HOA alternatives in the area.
Rare chance to own a modernized historic Villa Monterey home in VM II... Thoughtfully renovated by the current owners, not a quick flip. The redesigned kitchen features ample cabinetry, quartz counters, stainless steel appliances, and great lighting. Spacious family room opens to a freshly landscaped backyard with an extended covered patio. The main-level primary suite offers floor-to-ceiling closets and a remodeled bath; upstairs is a private guest suite with a full bath and a walk-in closet. Updates include a redesigned roof, new 4-ton HVAC with sealed ductwork, updated wiring, new windows, and standout front landscaping with pavers, seating, garden wall, and low-voltage lighting. Move-in ready with refrigerator included.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.7 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,890 | - |
| Lot Size | 3,771 | - |
| Price | $625.0K | $586.7K |
| Price per sq ft | $331 | $402 |
| Built year | 1962 | 0 |
| HOA | $705 | $0 |
| Days on market | 30 | 2386 |
Jun 23, 2026
$625,000
Initial Listing