8613 E LAREDO Lane, Scottsdale, AZ 85250, Scottsdale, 85250 - 4 bed, 3 bath
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8613 E LAREDO Lane
Scottsdale, AZ 85250
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,163Sq Ft
6,990Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$881,022
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $865,000—positioned well below the $879,678 Fair Market Value by 1.67%. This valuation gap offers $14,678 in Instant Equity. Featuring a Mint Condition Rating with a New Sewer Line, New A/C, and Sparkling Private Pool, this home requires zero immediate maintenance. Its versatile layout, including an in-law suite and no HOA, makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, high-yield Scottsdale lifestyle.
Estimated Market Value
$881,022+$32,022 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Scottsdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8613 E LAREDO Lane Subject 4 bd · 3 ba · 2,163 sqft · $407 | $849,000* List Price | 4 | 3 | 2,163 | $407 | - |
A 6107 N 87TH Place Sold 3 bd · 3 ba · 2,160 sqft · $442 · 0.5 mi | $955,000 | 3 | 3 | 2,160 | $442 | 0.5 mi |
B 8749 E MONTEBELLO Avenue Sold 4 bd · 3 ba · 2,149 sqft · $407 · 0.2 mi | $875,000 | 4 | 3 | 2,149 | $407 | 0.2 mi |
C 8607 E JACKRABBIT Road Sold 3 bd · 2 ba · 1,540 sqft · $455 · 0.2 mi | $700,000 | 3 | 2 | 1,540 | $455 | 0.2 mi |
D 8325 E CRESTWOOD Way Sold 4 bd · 3 ba · 2,421 sqft · $357 · 0.5 mi | $865,000 | 4 | 3 | 2,421 | $357 | 0.5 mi |
E 8725 E Edward Avenue Sold 3 bd · 2 ba · 2,064 sqft · $462 · 0.6 mi | $953,000 | 3 | 2 | 2,064 | $462 | 0.6 mi |
F 8319 E Bonnie Rose Avenue Sold 3 bd · 2 ba · 1,828 sqft · $336 · 0.5 mi | $615,000 | 3 | 2 | 1,828 | $336 | 0.5 mi |
G 8713 E SAGE Drive Sold 3 bd · 2 ba · 1,372 sqft · $509 · 0.3 mi | $699,000 | 3 | 2 | 1,372 | $509 | 0.3 mi |
H 8619 E LINCOLN Drive Sold 4 bd · 2 ba · 2,149 sqft · $361 · 0.8 mi | $775,000 | 4 | 2 | 2,149 | $361 | 0.8 mi |
I 8401 E SAN MIGUEL Avenue Active 4 bd · 3 ba · 2,152 sqft · $462 · 0.3 mi | $995,000 List Price | 4 | 3 | 2,152 | $462 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent extensive renovations within the last 1-2 years, including a new sewer line (2025), new A/C (2024), and new flooring and appliances (2026). With updated bathrooms, granite countertops, and a 3-year-old water heater, the home is in mint condition with all major systems recently replaced, meeting the criteria for a high-end renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Major Infrastructure Upgrades
The property features a brand-new sewer line (2025), a new A/C unit (2024), and updated appliances, significantly reducing immediate maintenance costs and addressing common area-specific Orangeberg pipe issues.
- Investment & Layout Versatility
With no HOA and a dedicated downstairs in-law suite, this home is perfectly positioned for use as a high-yield short-term rental or a flexible multi-generational residence in a high-demand area.
- Prime Scottsdale Location
Situated near Fashion Square and the Waterfront, the property offers an unbeatable lifestyle with immediate access to world-class shopping, dining, and entertainment.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Originally built in 1962, the home may still harbor aged structural elements or utility systems common to mid-century builds that were not explicitly mentioned as updated.
- Compact Lot Size
The 6,990 sqft lot is relatively modest for the Scottsdale market, which may limit future outdoor expansion or provide less privacy compared to larger suburban parcels.
About 8613 E LAREDO Lane
Welcome to your beautifully updated 4-bedroom, 3 full-bathroom Scottsdale home. Offering the perfect blend of comfort, style, and peace of mind. This move-in-ready home features a sparkling private pool and an impressive list of recent improvements. Major updates include BRAND NEW SEWER LINE (2025) - This is a particularly valuable improvement, the whole area has collapsing 1960's Orangeberg pipes (replacement can be upwards of 20K+) NEW A/C UNIT (2024), NEW FLOORING (2026), and NEW KITCHEN APPLIANCES (2026) . The WATER HEATER is only 3 years old, adding another important update for buyers seeking a home with few maintenance concerns. Beyond this, the home has pebble tec sparkling pool, oversized 2 car garage, granite countertops and dual pane windows. HUGE downstairs family room or can use it as an in law suite. This can be used as a Short Term Rental - NO HOA This is a 1031 Exchange. All this and a warm, modern style with an unbeatable location - close to Fashion Square, waterfront, shopping, restaurants, golf and more! Create your very own quintessential Scottsdale lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 6,990 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,163 | 2,608.685 |
| Lot Size | 6,990 | 10,404.073 |
| Price | $849.0K | $1.16M |
| Price per sq ft | $393 | $444 |
| Built year | 1962 | 1993 |
| HOA | $0 | $293 |
| Days on market | 45 | 82 |
Pricing History
Listed for Sale
Oct 19, 2026
$849,000
$865,000
-2% Price Drop
Initial Listing
Price Change
Sep 9, 2026
$865,000
Initial Listing