8500 E INDIAN SCHOOL Road 243, Scottsdale, AZ 85251, Scottsdale, 85251 - 2 bed, 2 bath
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Scottsdale, AZ 85251
This Spacious Scottsdale Condominium is a Strong Value Opportunity, listed at $299,000—positioned well below the $334,960 Fair Market Value by 10%. This valuation gap provides $35,960 in Instant Equity for incoming buyers. Maintaining a Condition Rating of 3, the interior features granite countertops, large-format tile flooring, and a generous 1,212-square-foot layout. Located in the premier 85251 zip code near Old Town and served by the 7-rated Mohave Middle School, it balances lifestyle with appreciation potential. This is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8500 E INDIAN SCHOOL Road 243 Subject | $289,000* List Price | 2 | 2 | 1,212 | $268 | - |
A 8500 E INDIAN SCHOOL Road 129 Sold | $338,900 List Price | 2 | 2 | 1,212 | 0.0 mi | |
B 7950 E CAMELBACK Road 308 Sold | $325,000 | 2 | 2 | 1,200 | $271 | 1.0 mi |
C 4354 N 82ND Street 234 Sold | $278,000 | 2 | 2 | 960 | $290 | 0.5 mi |
D 3500 N HAYDEN Road 1803 Sold | $215,000 List Price | 2 | 2 | 955 | 0.9 mi | |
E 3600 N HAYDEN Road 3410 Sold | $275,000 | 2 | 1 | 962 | $286 | 0.8 mi |
F 8500 E INDIAN SCHOOL Road 220 Active | $299,900 List Price | 2 | 2 | 1,212 | $247 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is move-in ready and shows clear evidence of maintenance and partial updates. While built in 1981, the interior features modern large-format tile flooring throughout, granite countertops in both the kitchen and bathrooms, and updated contemporary light fixtures. The kitchen cabinets have been refreshed with paint, and although the black appliances and cabinet styles are slightly dated, the overall condition is clean and functional with no immediate repairs required.
Situated in the highly desirable 85251 zip code, this property offers excellent proximity to Old Town Scottsdale's world-class dining, shopping, and entertainment districts.
Priced under $300,000, this condo provides a rare and affordable entry point into the competitive Scottsdale real estate market, making it ideal for first-time buyers or investors.
With 1,212 square feet of living space, this two-bedroom unit offers a more generous floor plan than many newer condominium developments in the same price bracket.
Built in 1981, the property may require updates to interior finishes and major systems to meet modern aesthetic standards and efficiency.
The $427 monthly association fee adds a significant recurring expense to the owner's budget, which may impact the overall debt-to-income ratio for some buyers.
Exceptional opportunity in Scottsdale. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.3 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 | 1,212 | 1,174.5 | 56% |
| Lot Size | 1,273 | 864.5 | 80% |
| Price | $289.0K | $287.0K | 50% |
| Price per sq ft | $238 | $286 | 33% |
| Built year | 1981 | 1981 | 50% |
| HOA | $427 | $350 | 66% |
| Days on market | 13 | 2555 | 1% |
Apr 21, 2026
$289,000
$299,000
-3% Price Drop
Initial Listing
Apr 9, 2026
$299,000
Initial Listing