8237 E CHAPARRAL Road, Scottsdale, AZ 85250, Scottsdale, 85250 - 5 bed, 3 bath
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8237 E CHAPARRAL Road
Scottsdale, AZ 85250
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,517Sq Ft
8,878Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,086,233
5% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a turnkey Short-Term Rental Asset listed at $1,190,000, positioned slightly above the $1,177,473 Fair Market Value. Featuring a 5-bed/3-bath layout with a separate guest house, heated pool, and spa, the property maintains a Condition Rating of 2 following comprehensive renovations. Its proven track record of 122 five-star reviews and prime Old Town Scottsdale location ensure immediate revenue generation. This is a strategic acquisition for Buy-and-Hold Investors or Passive Income Seekers prioritizing a verified, high-performing vacation rental.
Estimated Market Value
$1,086,233
Based on Realkey algorithm analyzing recent comparable sales in Scottsdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8237 E CHAPARRAL Road Subject | $1,150,000* List Price | 5 | 3 | 2,517 | $432 | - |
A 8325 E CRESTWOOD Way Sold | $865,000 | 4 | 3 | 2,421 | $357 | 0.3 mi |
B 8749 E MONTEBELLO Avenue Sold | $875,000 | 4 | 3 | 2,149 | $407 | 1.0 mi |
C 8508 E LAREDO Lane Sold | $819,000 | 4 | 3 | 2,149 | $381 | 0.8 mi |
D 8550 E ORANGE BLOSSOM Lane Sold | $870,000 | 3 | 2 | 1,540 | $565 | 0.4 mi |
E 5426 N 81ST Place Active | $1,150,000 List Price | 4 | 3 | 2,736 | $420 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1961, the property has undergone a comprehensive renovation within the last 5 years. The kitchen features modern dark shaker cabinetry, granite countertops, and stainless steel appliances. Bathrooms have been fully updated with contemporary tile work and fixtures. Systems, including the HVAC units and pool equipment, appear modern and well-maintained, fitting the 'mint condition' criteria for a turnkey investment.
PROSSTRENGTHS & OPPORTUNITIES
- Proven STR Performance
As a turnkey Airbnb with 122 five-star reviews, this property offers a verified income stream and immediate ROI for investors looking to enter the Scottsdale short-term rental market.
- Versatile Guest House
The separate 1-bed/1-bath guest house complements the 4-bedroom main residence, significantly increasing occupancy capacity and appeal for large group bookings.
- Prime Location & No HOA
Located near Old Town Scottsdale with no association fees, the property provides maximum operational freedom and high tenant demand without the burden of monthly HOA costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Vintage Infrastructure
Built in 1961, the property may have aging underlying systems that require more frequent maintenance or capital improvements compared to newer constructions.
- Lot Density
The 8,878 sqft lot is relatively compact for a $1.19M price point, especially when accommodating both a main house, guest house, and pool, which may limit outdoor privacy.
About 8237 E CHAPARRAL Road
This FULLY-FURNISHED STR/AIRBNB is an established INCOME-PRODUCING VACATION RENTAL with booking history of $100K+ in ANNUAL INCOME. One of the most loved homes on Airbnb, this guest favorite boasts 125 perfect 5 star reviews. Guests rave about the amenities, spacious layout & outstanding Old Town Scottsdale location. The resort-style backyard is an ENTERTAINER'S DREAM with a HEATED POOL, SPA, large covered patio on an oversized lot + NO HOA. The property's 5 bedrooms + 3 bathrooms perfectly accommodates large groups (the main home is a 4 bed 2 bath) & detached guest house 1 bed 1 bath. INVESTORS: hit the ground running & SAVE $80K+ IN SET UP COSTS with this truly turnkey investment property & GENERATE REVENUE AS SOON AS YOU CLOSE, in time for END OF YEAR TAX DEADLINES!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 8,878 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,517 | 2,663.758 |
| Lot Size | 8,878 | 10,693.732 |
| Price | $1.15M | $1.16M |
| Price per sq ft | $457 | $440 |
| Built year | 1961 | 1993 |
| HOA | $0 | $289 |
| Days on market | 127 | 84 |
Pricing History
Listed for Sale
Jul 31, 2026
$1,150,000
$1,190,000
-3% Price Drop
Initial Listing
Price Change
May 5, 2026
$1,190,000
Initial Listing