8020 E THOMAS Road 318, Scottsdale, AZ 85251, Scottsdale, 85251 - 2 bed, 2 bath
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Scottsdale, AZ 85251
This Turnkey Scottsdale Condominium represents a stable entry into a premier market, listed at $290,000—positioned below the $292,879 Fair Market Value by 1%. This valuation provides $2,879 in Instant Equity for a move-in-ready asset. Boasting a Condition Rating of 3, the unit is fully furnished and currently optimized for short-term rentals, featuring a private balcony and community pool and spa. Located near Old Town and the top-rated Pima Elementary (Rating: 7), it balances lifestyle appeal with immediate revenue potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a hassle-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8020 E THOMAS Road 318 Subject | $290,000* List Price | 2 | 2 | 952 | $308 | - |
A 7910 E THOMAS Road 222 Sold | $320,000 | 2 | 2 | 1,033 | $310 | 0.2 mi |
B 3500 N HAYDEN Road 1803 Sold | $215,000 List Price | 2 | 2 | 955 | 0.6 mi | |
C 3600 N HAYDEN Road 3410 Sold | $275,000 | 2 | 1 | 962 | $286 | 0.7 mi |
D 3500 N HAYDEN Road 304 Sold | $210,000 List Price | 2 | 1 | 962 | 0.6 mi | |
E 7494 E EARLL Drive 308 Active | $305,000 List Price | 2 | 2 | 861 | $354 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and presented as a turnkey, fully furnished Airbnb. Although built in 1983, the unit has been well-maintained with cosmetic updates including modern paint, contemporary furnishings, and refreshed bathroom vanities. It meets the criteria for 'good' condition as it requires no immediate renovation and all major systems appear functional for immediate occupancy.
The property is sold fully furnished and is currently operating as a successful Airbnb, providing an immediate revenue stream and a hassle-free transition for investors or second-home buyers.
Situated in a highly desirable area, the condo offers exceptional proximity to Old Town Scottsdale, spring training facilities, premium shopping, and major freeway access.
The unit features a bright, thoughtfully designed open floor plan that maximizes the living space and flows seamlessly to a private balcony, ideal for entertaining.
Built in 1983, the complex may require more frequent maintenance or future capital improvements compared to newer developments in the Scottsdale market.
While the elementary school is well-rated, the assigned middle and high schools have lower performance scores, which may limit the property's appeal to families with older children.
Turnkey and fully furnished, this beautifully maintained condo offers effortless living in a prime Scottsdale location. Move right in and enjoy a thoughtfully designed space featuring a bright, open layout, stylish furnishings, and a private balcony perfect for relaxing. The kitchen flows seamlessly into the living area, ideal for both everyday living and entertaining. Situated in a well-kept community near shopping, dining, spring training and easy freeway access. Perfect as a primary residence, second home or investment opportunity. Property is currently set up as an Airbnb that you can take over with minimal effort, fully furnished and cleaners are already set up!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 952 | - |
| Lot Size | 968 | - |
| Price | $290.0K | $492.3K |
| Price per sq ft | $305 | $376 |
| Built year | 1983 | 0 |
| HOA | $290 | $0 |
| Days on market | 84 | 2506 |
Apr 3, 2026
$290,000
Initial Listing