8420 E MONTEBELLO Avenue, Scottsdale, AZ 85250, Scottsdale, 85250 - 2 bed, 2 bath
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Scottsdale, AZ 85250
This Renovated Scottsdale Townhouse is a Strong Value Opportunity, listed at $350,000—positioned well below the $374,676 Fair Market Value by 6%. This valuation gap provides $24,676 in Instant Equity. Boasting a Condition Rating of 2, the interior features fresh flooring, a sage-colored kitchen with marble-look counters, and a private covered patio. Located near Old Town and zoned for Top-Rated Pueblo Elementary, it offers a premium lifestyle with built-in financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8420 E MONTEBELLO Avenue Subject | $340,000* List Price | 2 | 2 | 1,088 | $327 | - |
A 8430 E MONTEBELLO Avenue Sold | $375,000 | 2 | 2 | 1,088 | $345 | 0.0 mi |
B 5140 N 83RD Street Sold | $400,000 | 3 | 2 | 1,352 | $296 | 0.7 mi |
C 6048 N 79TH Street Sold | $330,000 | 2 | 1 | 1,053 | $313 | 0.8 mi |
D 5833 N 81ST Street Sold | $417,000 | 3 | 3 | 1,344 | $310 | 0.4 mi |
E 5805 N GRANITE REEF Road Active | $355,000 List Price | 2 | 2 | 1,088 | $326 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1964, the property has undergone a recent renovation (likely <5 years) as evidenced by the 'fresh flooring,' updated sage-colored kitchen with marble-look counters, and modern fixtures. The interior is in mint, move-in ready condition with no visible maintenance needs.
Situated in the heart of Scottsdale, the property offers unparalleled access to Old Town, Scottsdale Fashion Square, and top-tier dining and nightlife, ensuring high desirability and lifestyle appeal.
The home features fresh flooring and a stylishly updated kitchen with marble-look counters and a breakfast bar, providing a contemporary, move-in-ready aesthetic for buyers.
The property is zoned for highly-rated schools, including Pueblo Elementary (8/10) and Mohave Middle School (7/10), making it an excellent choice for small families or as a stable investment.
Built in 1964, the property may have aging infrastructure or systems that require more frequent maintenance compared to newer builds in the area.
At 1,088 square feet distributed over two stories, the interior layout may feel restrictive for buyers seeking expansive living areas or dedicated home office space.
Newer AC, New Roof, Updated bathroom! Tucked in the heart of Scottsdale, this charming 2-story townhome blends laid-back desert living with effortless, sun-soaked style. Fresh flooring flows through a bright, welcoming living room into a cheerful sage-colored kitchen with marble-look counters, a breakfast bar, and plenty of natural light. Upstairs two cozy retreats await after long desert days. Step outside to your private covered patio: perfectly sized for legendary Scottsdale evenings under the stars. A storage shed, updated features, and low maintenance HOA living complete the picture. You're minutes from Old Town, Scottsdale Fashion Square, and the Valley's best dining, shopping, and nightlife: Scottsdale lifestyle at a great price point. Careful! When you see it--you'll want to stop!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,088 | 1,578 | 17% |
| Lot Size | 1,233 | 2,120 | 23% |
| Price | $340.0K | $325.0K | 53% |
| Price per sq ft | $312 | $260 | 62% |
| Built year | 1964 | 1974 | 9% |
| HOA | $321 | $269 | 70% |
| Days on market | 45 | 2295 | 2% |
Jun 13, 2026
$340,000
$345,000
-1% Price Drop
Initial Listing
May 15, 2026
$345,000
$350,000
-1% Price Drop
Initial Listing
Apr 30, 2026
$350,000
Initial Listing