7850 E CAMELBACK Road 502, Scottsdale, AZ 85251, Scottsdale, 85251 - 3 bed, 3 bath
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Scottsdale, AZ 85251
This Value-Add Condominium represents a significant renovation project in a prime Old Town location. Listed at $399,000, the property is positioned relative to a $346,933 Fair Market Value, reflecting its status as the community's largest 2,130 sqft floor plan. Featuring unobstructed Camelback Mountain views and a rare 3-bedroom, 3-bathroom layout, the unit requires a full interior overhaul to address its Poor Condition Rating. Despite the $1,188 monthly association fee, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a high-ROI project near Mohave Middle School.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7850 E CAMELBACK Road 502 Subject | $399,000* List Price | 3 | 3 | 2,130 | $163 | - |
A 7850 E CAMELBACK Road 511 Pending | $325,000 List Price | 2 | 2 | 1,530 | $212 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'flippers delight' and sold 'as-is,' requiring a full interior overhaul. While the kitchen features newer stainless steel appliances and the windows have been replaced, the overall condition is poor due to heavily stained and damaged carpeting, dated 1980s oak cabinetry, laminate countertops, and aged fixtures. The interior requires substantial rehabilitation to be considered move-in ready by modern standards.
Situated in Old Town Scottsdale, this 5th-floor unit offers iconic, unobstructed views of Camelback Mountain from an expansive, double-length screened patio.
As the largest floor plan in the community at over 2,100 sqft, the unit features a rare dual-master suite configuration and a highly coveted in-unit laundry room.
Residents benefit from 24-hour guard-gated security and a robust amenity package including a private 9-hole golf course, three pools, tennis courts, and a fitness center.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2495, other record lot size in square feet = 1058. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2130, other record living area = 870.
Marketed as a 'flippers delight' and sold in as-is condition, the property requires a full interior overhaul to address its dated state and realize its maximum market value.
The association fee of $1,188 per month is substantial, which may deter traditional buyers or impact the overall cap rate for potential investors.
Flippers delight!! This palatial 3 bedroom Condo at Scottsdale Shadows has amazing views of Camelback Mountain. The largest floor-plan in the community, it truly has ''great bones''. Newer dual pane windows and slider doors! Being sold As-Is, it's a clean slate for you to add both value and your personal style. A dual Master suite layout with an additional bedroom and bathroom. Rare in-unit laundry room! Also one of two buildings that allows small dogs. The expansive double length patio is a fantastic extension of the interior space, all screened in, allowing you to open those doors on the cooler evenings. A 3 bedroom 2100sqft+ 5th floor Condo in Old Town for under $400k? WOW! At Scottsdale Shadows you'll enjoy 24-hour guard-gated security and resort-style amenities, including three pools, a 9-hole golf course, tennis courts, and a fitness center--all just minutes from Old Town.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.6 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 | 83% |
| Square foot | 2,130 | 1,174.5 | 94% |
| Lot Size | 2,495 | 864.5 | 97% |
| Price | $399.0K | $302.5K | 59% |
| Price per sq ft | $187 | $286 | 33% |
| Built year | 1980 | 1981 | 50% |
| HOA | $1188 | $350 | 91% |
| Days on market | 12 | 2556 | 1% |
Apr 10, 2026
$399,000
Initial Listing