
Scottsdale, AZ 85250
This Modernized Scottsdale Residence is a Prime Investment Opportunity, listed at $669,000—positioned well below the $687,869 Fair Market Value by 2%. This valuation gap offers $18,869 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a 2023 AC, owned solar panels, and mountain views. Located near Mohave Middle School and Old Town, the property combines high-end updates with significant utility efficiency. This is an ideal match for Owner-Occupants or Lifestyle-Focused Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8537 E JACKRABBIT Road Subject | $669,000* List Price | 3 | 2 | 1,520 | $453 | - |
A 8708 E Jackrabbit Road Sold | $730,000 | 3 | 2 | 1,805 | $404 | 0.2 mi |
B 8344 E Bonnie Rose Avenue Sold | $797,000 List Price | 3 | 2 | 1,539 | 0.2 mi | |
C 8420 E PLAZA Avenue Sold | $722,500 | 3 | 2 | 1,620 | $446 | 0.2 mi |
D 8619 E EL CHARRO Lane Sold | $648,000 | 3 | 2 | 1,522 | $426 | 0.5 mi |
E 8714 E PLAZA Avenue Sold | $750,000 | 4 | 2 | 1,620 | $463 | 0.2 mi |
F 8743 E El Nido Lane Sold | $650,000 | 3 | 3 | 1,596 | $407 | 0.4 mi |
G 8543 E JACKRABBIT Road Active | $765,000 List Price | 3 | 2 | 1,520 | $503 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive renovations within the last 5 years, including a new AC system (2023), relined pipes, new flooring, and updated bathrooms with new vanities and tile. With additional modern features such as owned solar panels, designer light fixtures, and a reimagined backyard, the home meets high quality standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7105, living area = 1520.
Situated in the heart of Scottsdale, the property offers exceptional proximity to Old Town, Fashion Square, and Chaparral Park, ensuring high desirability and lifestyle convenience.
Features owned solar for both electricity and hot water, a newer 2023 AC unit, and relined pipes, offering significant utility savings and reduced maintenance concerns.
Originally built in 1963, the home may possess the architectural limitations or smaller room scales typical of its era despite the extensive cosmetic and system updates.
With 1,520 square feet of living space, the floor plan is relatively modest for the price point, which may be a constraint for buyers seeking more expansive interior volume.
PROFESSIONAL PICTURES COMING APRIL 23rd. Available to show starting April 23rd. This desirably located 3 bedroom, 2 bath home in the heart of Scottsdale has been thoughtfully updated and is close to everything--Chaparral Park, Old Town Scottsdale, Fashion Square, Spring Training facilities, Talking Stick Resort, Arizona Boardwalk, and more. Recent improvements include new flooring, fresh interior paint, new designer light fixtures, recessed can lighting, new slider and expanded closet in the primary bedroom, updated bathrooms with new double vanities and a newly tiled secondary bath. The kitchen offers great space for entertaining, while the living room features a warm, welcoming fireplace. Major system upgrades provide added value and peace of mind, including relined pipes, a newer AC (2023), new RO system, and a new refrigerator. The home also features owned solar powering the hot water heater and an additional owned electric solar system which helps keep utility costs low. The backyard has been reimagined with new pavers and a dedicated firepit area, creating a great space for entertaining or relaxing. There is still ample room for a pool if desired. Additional features include an Updated Indoor Laundry Room, 2 Car Garage, RV gate, Storage Shed. Located near Mohave Middle School with quick access to the Loop 101 and just minutes to Old Town Scottsdale, this home offers a great combination of location, updates, and functionality in a highly desirable neighborhood.
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 | 1,520 | 2,124 | 13% |
| Lot Size | 7,105 | 7,460.5 | 36% |
| Price | $669.0K | $726.2K | 48% |
| Price per sq ft | $440 | $406 | 59% |
| Built year | 1963 | 1970 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 1502 | 2% |
Apr 7, 2026
$669,000
Initial Listing