
Scottsdale, AZ 85250
This Modernized Old Town Townhouse represents a Prime Investment Opportunity with a List Price of $489,900—positioned well below the $502,892 Fair Market Value by 2%. This valuation gap secures $12,992 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the residence features a new AC system, new hardwood floors, and updated bathrooms. Located steps from Scottsdale Fashion Square and within the top-rated Pueblo Elementary boundary, this turnkey home offers a premium lifestyle. It is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8337 E Vista Drive Subject | $489,900* List Price | 2 | 3 | 1,752 | $287 | - |
A 5146 N GRANITE REEF Road Sold | $455,000 | 3 | 3 | 1,752 | $260 | 0.0 mi |
B 5146 N GRANITE REEF Road Sold | $455,000 | 3 | 3 | 1,752 | $260 | 0.0 mi |
C 8207 E VISTA Drive Sold | $455,000 | 2 | 3 | 1,704 | $267 | 0.2 mi |
D 5077 N Granite Reef Road Sold | $499,000 List Price | 2 | 3 | 1,680 | 0.2 mi | |
E 5058 N 83RD Street Sold | $512,500 | 3 | 3 | 1,704 | $301 | 0.2 mi |
F 5060 N 83RD Street Sold | $545,000 List Price | 3 | 3 | 1,704 | 0.2 mi | |
G 8206 E CHAPARRAL Road Active | $525,000 List Price | 3 | 3 | 1,704 | $308 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades, including new hardwood floors, a new AC system, and a new hot water heater. While the original construction dates to 1969, the interior has been extensively updated with modern lighting fixtures, renovated bathrooms, and an open floor plan. The kitchen and living areas show minimal wear and tear, though the property retains some vintage elements like carport parking and mirrored closet doors.
Situated in the heart of Old Town Scottsdale, this property offers exceptional walkability to Scottsdale Fashion Square and world-class dining, making it a highly desirable location for both residents and investors.
The home features high-value recent improvements including a new AC system, new hot water heater, and new hardwood floors, significantly reducing immediate maintenance costs for the new owner.
With 1,752 square feet of living space, three closets in the master suite, and an additional outdoor storage unit, this townhouse provides much more functional space than typical two-bedroom units in the area.
Built in 1969, the property may have aging infrastructure or common area elements typical of older developments that could require future attention despite the interior updates.
The property features carport parking rather than a private enclosed garage, which may be a disadvantage for buyers prioritizing vehicle security or climate-controlled storage in the Arizona heat.
Discover this gem in Old Town Scottsdale featuring 2 beds and 2.5 baths. Enjoy seamless living with an open floor plan, with new hardwood floors, new AC, hot water heater and roller shades. Master bedroom includes 3 closets for all your storage needs. Benefit from the convenience of 2 carport spaces and an additional outdoor storage unit. Relish in modern living with updated bathrooms and lighting fixtures. Located across from the community pool and just steps away from vibrant restaurants and shopping at Scottsdale Fashion Square!
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,752 | 1,632.5 | 69% |
| Lot Size | 1,825 | 2,826.5 | 30% |
| Price | $489.9K | $387.5K | 64% |
| Price per sq ft | $280 | $265 | 51% |
| Built year | 1969 | 1974 | 32% |
| HOA | $344 | $275 | 70% |
| Days on market | 8 | 1993 | 1% |
Apr 14, 2026
$489,900
Initial Listing