7740 E HEATHERBRAE Avenue 17, Scottsdale, AZ 85251, Scottsdale, 85251 - 3 bed, 3 bath
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Scottsdale, AZ 85251
This STR-Approved Modern Townhouse is a Strong Value Opportunity, listed at $575,000—positioned well below the $606,810 Fair Market Value by 5%. This valuation gap provides $31,810 in Instant Equity. Boasting a Condition Rating of 2, the residence features a complete 2026 remodel with a large kitchen island, enclosed patio, and community pool. Located in the heart of Old Town Scottsdale near Mohave Middle School (Rating 7), it offers a premier lifestyle with high rental demand. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7740 E HEATHERBRAE Avenue 17 Subject | $575,000* List Price | 3 | 3 | 1,472 | $412 | - |
A 7740 E HEATHERBRAE Avenue 13 Sold | $410,000 | 2 | 2 | 1,088 | $377 | 0.0 mi |
B 7840 E CAMELBACK Road 111 Active | $499,000 List Price | 3 | 2 | 1,560 | $320 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the property underwent a complete remodel within the last year. It features a modern kitchen with stainless steel appliances and stone countertops, new bathrooms, and updated flooring throughout, meeting the criteria for a high-end renovation under 5 years old.
Perfectly situated between Old Town Scottsdale and the Greenbelt, this property offers exceptional walkability to world-class dining, entertainment, and the upcoming Whole Foods market.
The property is STR approved, providing a significant advantage for investors looking to capitalize on Scottsdale's high-demand vacation rental market.
Completely remodeled this year with new bathrooms and flooring, the home features a bright, open-concept layout and a large kitchen island ideal for entertaining.
Built in 1964, the property may have aging common elements or infrastructure typical of older condominium complexes that require ongoing maintenance despite interior updates.
With a very small lot size and high-density condominium setting, the property lacks a private yard, which may be a drawback for buyers with pets or those seeking more outdoor privacy.
On a quiet street surrounded by all the fun of Old Town your updated STR APPROVED townhouse awaits. Bright and open with lots of natural light. Entertain friends and family around the large island that opens to the entire main level and enclosed patio. Upstairs there are 3 bedrooms and the primary has its own balcony. Completely remodeled with new bathrooms, flooring and more done this year and almost everything else a few years ago. Amazing lifestyle situated between Old Town and the Scottsdale greenbelt/park. Walk to the valley's finest dining and entertainment by walking west. Enjoy the park and Scottsdale's greenbelt/park network by walking east. The valley's 5th Whole Foods is being built in walking distance as well.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 89% |
| Baths | 3.0 | 2.0 | 85% |
| Square foot | 1,472 | 1,174.5 | 78% |
| Lot Size | 55 | 864.5 | 13% |
| Price | $575.0K | $281.5K | 74% |
| Price per sq ft | $391 | $297 | 70% |
| Built year | 1964 | 1980 | 20% |
| HOA | $311 | $316 | 50% |
| Days on market | 43 | 2823 | 2% |
Apr 24, 2026
$575,000
Initial Listing