8601 E THORNWOOD Drive, Scottsdale, AZ 85251, Scottsdale, 85251 - 3 bed, 2 bath
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Scottsdale, AZ 85251
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $669,000—positioned well below the $640,875 Fair Market Value by -4%. While priced slightly above market, the property features a Condition Rating of 2, reflecting a complete down-to-studs renovation with a 2026 HVAC, tankless water heater, and a 2022 pool. Its prime Old Town Scottsdale location and fully furnished status make it a premier choice for Short-Term Rental Investors or Owner-Occupants seeking a sophisticated, maintenance-free lifestyle in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8601 E THORNWOOD Drive Subject | $669,000* List Price | 3 | 2 | 1,260 | $509 | - |
A 8515 E MACKENZIE Drive Sold | $629,000 | 3 | 2 | 1,066 | $590 | 0.6 mi |
B 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 new construction or fully renovated.
This property underwent a complete down-to-studs renovation with high-end finishes. Major systems are brand new or very recent, including a 2026 HVAC and tankless water heater, and a 2022 roof, windows, and pool. The kitchen and interior are in mint, turnkey condition, meeting the criteria for a renovation less than 5 years old.
Situated in the heart of Old Town Scottsdale, this complete down-to-studs renovation is sold fully furnished, making it an ideal move-in ready home or a high-performing short-term rental.
The property boasts significant recent upgrades including a new roof, windows, HVAC system, and tankless water heater, offering buyers major peace of mind and reduced maintenance costs.
The private backyard features a 2022 heated pool, a covered patio, and a built-in outdoor grill on a corner lot with preferred north/south exposure, perfect for Arizona entertaining.
At 1,260 square feet for a 3-bedroom, 2-bathroom configuration, the interior living spaces and bedrooms may feel compact compared to other single-family residences in the area.
The list price reflects a significant premium for the turnkey renovations and furnishings, resulting in a high price per square foot that may challenge appraisals or value-conscious buyers.
This gorgeous home is a complete down to studs renovation located in the heart of Old Town Scottsdale. Situated on a corner lot with north/south exposure, the property offers a major peace of mind with a new 2026 HVAC, 2026 tankless water heater, and 2022 pool, roof and windows. Having previously served as a successful winter Airbnb, it is to be purchased fully furnished. The interior features curated interior designer colors with a clean, off-white palette accented by black hardware. The functional layout features an open great room that flows directly into the chef's kitchen, making it ideal for hosting. The private backyard features a heated pool with stone pavered cool deck a covered patio complete with a misting system & spacious storage room. This turnkey home is waiting for you!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,260 | - |
| Lot Size | 6,683 | - |
| Price | $669.0K | $1.25M |
| Price per sq ft | $531 | $475 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 22 | 2493 |
Jul 1, 2026
$669,000
Initial Listing