8525 E PASADENA Avenue, Scottsdale, AZ 85250, Scottsdale, 85250 - 7 bed, 5 bath
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Scottsdale, AZ 85250
This Versatile Scottsdale Residence is a turnkey property listed at $999,900, reflecting a strategic premium for its high-density configuration over the $929,112 Fair Market Value. Boasting a Turn-Key Condition Rating, the home features a remodeled kitchen with quartz countertops and a 14-foot swim spa. The unique 7-bedroom layout includes a mother-in-law suite, offering significant income potential. Market trends show strong demand for high-capacity homes in this No HOA area near Old Town. This asset balances luxury lifestyle with high-yield utility, making it an ideal acquisition for Short-Term Rental Investors or Large Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8525 E PASADENA Avenue Subject | $999,800* List Price | 7 | 5 | 2,614 | $386 | - |
A 8226 E JACKRABBIT Road Sold | $1,035,000 | 6 | 4 | 2,992 | $346 | 0.6 mi |
B 8407 E Crestwood Way Active | $725,000 List Price | 5 | 3 | 2,376 | $305 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that aligns with current market standards. The interior features a modern open-concept kitchen with white shaker cabinetry, quartz countertops, a large wrap-around island, and stainless steel appliances. All bathrooms have been updated with contemporary tiled showers and fixtures. Significant capital improvements include a new roof, a 2019 HVAC system, and premium outdoor upgrades such as a 2023 swim spa and extensive paver work. Despite the 1961 build date, the home is in turn-key condition with no visible deferred maintenance.
The property is uniquely configured for multiple income streams, including Airbnb, PadSplit, or group home use, featuring seven bedrooms and a separate mother-in-law suite with its own kitchenette.
The backyard serves as a high-end entertainment hub with a 14-foot swim spa (2023), built-in BBQ island, firepit, and extended paver patio, significantly increasing its appeal for short-term rentals.
Located minutes from Old Town Scottsdale and major attractions, the absence of an HOA offers owners maximum flexibility for property modifications and rental strategies without restrictive oversight.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
Fitting seven to eight bedrooms into 2,614 square feet results in a high-density layout that may feel cramped and could limit the property's appeal to traditional single-family residential buyers.
While the home features a new roof and 2019 A/C, the original 1961 construction may still harbor older plumbing or electrical components that could require ongoing maintenance compared to newer builds.
Scottsdale Investment Opportunity, This well-appointed remodeled home offers multiple income streams, from Airbnb (Currently), Pad Split, Group Home, Sober Living, Great for Large Family too. No HOA, lots of Parking, 6 Bdrms currently, addtl 2 rooms could make 8 Bdrms & 4 Baths, Open Floorplan, Large Wrap Around Island, Stainless Steel Appliances, Recessed Lighting, All Bathrooms Feature Tiled Showers, Mother-in-law suite has kitchenette, bathroom, living room & bdrm; New Roof, A/C 2019, Truly Turn-Key Move-in Ready Home, Entertainer's Backyard w/ Firepit, Built-In BBQ in island w/ lots of seating, Extnd Patio w/ Pavers, & 14' swim spa w/ addtl external heater/chiller 2023, can be used as extra-large hot tub. Minutes to Old Town Scottsdale, Talking Stick Casino, Spring Training & more
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 98% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 2,614 | 2,148 | 75% |
| Lot Size | 7,852 | 7,548 | 59% |
| Price | $999.8K | $740.0K | 70% |
| Price per sq ft | $382 | $404 | 45% |
| Built year | 1961 | 1970 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 1502 | 2% |
Apr 21, 2026
$999,800
$999,900
+0% Price Increase
Initial Listing
Mar 11, 2026
$999,900
Initial Listing