8538 E MCDONALD Drive, Scottsdale, AZ 85250, Scottsdale, 85250 - 3 bed, 3 bath
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Scottsdale, AZ 85250
This Spacious Scottsdale Townhouse represents a Prime Investment Opportunity, listed at $390,000—positioned well below the $403,609 Fair Market Value by 3%. This valuation provides $13,609 in Instant Equity for a property with a Condition Rating of 3. Featuring Updated Kitchen Appliances, New Bedroom Carpeting, and a Private Shaded Patio, the home is located near top-rated Pueblo Elementary School and Mohave Middle School. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8538 E MCDONALD Drive Subject | $389,500* List Price | 3 | 3 | 1,584 | $275 | - |
A 6145 N GRANITE REEF Road Sold | $315,000 | 3 | 3 | 1,584 | $199 | 0.1 mi |
B 8554 E McDonald Drive Sold | $375,000 List Price | 3 | 2 | 1,408 | 0.0 mi | |
C 8333 E ORANGE BLOSSOM Lane Sold | $485,000 List Price | 3 | 2 | 1,576 | 0.9 mi | |
D 5140 N 83RD Street Sold | $400,000 | 3 | 2 | 1,352 | $296 | 0.9 mi |
E 8466 E CHAPARRAL Road Sold | $475,000 | 3 | 3 | 1,608 | $295 | 1.0 mi |
F 7931 E SAN MIGUEL Avenue 2 Sold | $482,700 | 3 | 3 | 1,644 | $294 | 0.8 mi |
G 8548 E MCDONALD Drive Active | $399,900 List Price | 4 | 3 | 1,584 | $252 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained despite its 1964 build date. It features updated stainless steel kitchen appliances, granite countertops, new carpeting in the bedrooms, and premium wooden shutters. While the bathrooms and cabinetry reflect an older style, the overall condition is clean with no immediate repairs needed, fitting the criteria for a well-maintained home with functional major systems.
The property is ideally situated minutes from the Loop 101 with convenient access to shopping and dining directly across the street, plus proximity to top-rated schools.
The interior boasts several modern enhancements, including updated kitchen appliances, new carpeting in all bedrooms, and premium wooden shutters throughout for added privacy.
Rare for townhome living, this unit provides two covered parking spaces, a secure storage shed, and a private shaded patio, alongside community features like a pool and playground.
Built in 1964, the property may require more frequent maintenance or future infrastructure updates compared to newer developments in the area.
The monthly association fee of $399 adds a significant fixed cost to the monthly budget, which may be a consideration for price-sensitive buyers.
Well-maintained townhome in excellent location! Just minutes to the Loop 101 with shopping and restaurants right across the street. Property includes 2 covered parking spaces right behind the home with a secure storage shed and a quiet and shaded back patio for enjoying the AZ weather. Kitchen has updated appliances and plenty of counter space. Dining area leads to half bath downstairs and the main living room. There is new carpet in all the bedrooms upstairs. Primary bedroom is spacious with large closet with en suite. All bedrooms are bright and have wooden shutters for privacy. Community features a large pool, playground and plenty of grass areas.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,584 | 1,617.5 | 46% |
| Lot Size | 1,593 | 2,826.5 | 23% |
| Price | $389.5K | $382.2K | 50% |
| Price per sq ft | $246 | $264 | 46% |
| Built year | 1964 | 1974 | 7% |
| HOA | $399 | $275 | 78% |
| Days on market | 25 | 1993 | 1% |
Apr 17, 2026
$389,500
$390,000
+0% Price Increase
Initial Listing
Mar 28, 2026
$390,000
Initial Listing