
Scottsdale, AZ 85251
This Single Family Residence is a Strong Value Opportunity, listed at $690,000—positioned well below the $648,938 Fair Market Value by -6%. While the list price exceeds the current estimation, the property’s Prime Old Town Location and No HOA Fees provide significant long-term stability. Featuring a private swimming pool and updated kitchen, the home maintains a Condition Rating of 3, balancing vintage character with modern functionality. This residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused property in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8453 E RANCHO VISTA Drive Subject | $690,000* List Price | 3 | 2 | 1,416 | $458 | - |
A 8515 E MACKENZIE Drive Sold | $629,000 | 3 | 2 | 1,066 | $590 | 0.7 mi |
B 8250 E MACKENZIE Drive Sold | $699,900 | 3 | 2 | 1,610 | $435 | 0.7 mi |
C 4927 N 86TH Street Pending | $525,000 List Price | 3 | 2 | 1,260 | $417 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the property has undergone significant renovations likely within the last 5-15 years. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances. The interior shows modern flooring and finishes, and the outdoor pool and landscaping are well-maintained, making it move-in ready.
Situated in the highly sought-after Old Town Scottsdale area, this property offers unparalleled access to world-class dining, shopping, and entertainment, ensuring strong long-term value and rental demand.
The residence features a private swimming pool and mature citrus trees on a serene street, providing a quintessential Arizona outdoor lifestyle that is a major draw for both buyers and tenants.
With an association fee of $0, owners benefit from reduced monthly carrying costs and greater freedom regarding property usage and modifications compared to neighboring communities.
Built in 1960, the property may require more frequent maintenance or costly updates to aging mechanical, electrical, and plumbing systems to meet modern efficiency standards.
At 1,416 square feet for a three-bedroom home, the living spaces and bedrooms may feel compact, potentially limiting its appeal to families seeking more expansive modern floor plans.
Nestled on a serene and picturesque street, this charming rental house in Old Town Scottsdale offers the perfect blend of comfort, convenience, and relaxation. Boasting 3 bedrooms, 2 baths, and a fully furnished interior, this home invites you to unwind in style. Step outside to discover your own private oasis, complete with a refreshing pool for those sunny Arizona days and lush citrus trees that perfume the air with their sweet fragrance. With the added convenience of a 2-car garage, you'll have ample space for your vehicles or storage needs. Located in close proximity to all the attractions of Old Town Scottsdale, from renowned dining and shopping to cultural hotspots and outdoor adventures, this residence promises a lifestyle of ease and enjoyment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,416 | 1,863 | 10% |
| Lot Size | 6,825 | 7,529 | 31% |
| Price | $690.0K | $649.6K | 56% |
| Price per sq ft | $487 | $390 | 71% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 2105 | 2% |
May 20, 2026
$690,000
Initial Listing