
Scottsdale, AZ 85258
This Ground-Level Scottsdale Condo is a High-Potential Investment Opportunity, listed at $369,000—positioned well below the $378,232 Fair Market Value by 2%. This valuation gap provides $9,232 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features a New HVAC (2024), Granite Kitchen, and access to the top-rated Cochise Elementary (9/10). Located in the heart of McCormick Ranch, it offers a premium lifestyle with rental flexibility. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8651 E ROYAL PALM Road 127 Subject | $369,000* List Price | 2 | 2 | 1,116 | $339 | - |
A 8651 E ROYAL PALM Road 208 Sold | $322,000 | 2 | 2 | 1,116 | $289 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent updates, including a new HVAC system (2024) and wood-look tile flooring (2023). While the oak cabinetry in the kitchen and laundry area reflects the original 1984 construction, the kitchen has been modernized with granite countertops and stainless steel appliances. The bathrooms feature updated fixtures, and the overall interior is well-maintained with no immediate major repairs required, fitting the criteria for a well-kept home with partial updates.
Elementary School: Cochise Elementary School (9/10).
Situated in the highly coveted 85258 zip code, this property offers exceptional walkability to the McCormick Ranch greenbelt and Mercado del Lago, placing residents minutes from world-class dining, shopping, and entertainment.
The home features significant high-ticket updates, including a brand-new HVAC system installed in 2024 and modern tile flooring completed in 2023, significantly reducing immediate maintenance concerns for a new owner.
While the kitchen features granite countertops, the oak cabinetry reflects the original 1984 construction style and may require modernizing to compete with fully renovated units in the area.
The unit only includes one assigned covered parking space, which could be a drawback for two-car households or residents who frequently host guests.
Discover easy, ground-level living in this 2-bedroom, 2-bath condo located in Scottsdale's highly desirable 85258 zip code. This first-floor unit features an open floor plan with tile and wood-look tile flooring, a cozy fireplace with a reclaimed wood mantel, and abundant natural light throughout. The kitchen is equipped with oak cabinetry and granite countertops, offering both style and functionality. The primary suite includes an en-suite bath with double sinks, a walk-in closet, and private patio access, while the guest bath comes with a walk-in shower. Step outside to 2 covered patios surrounded by mature palm trees and desert landscaping. The community offers a heated pool, and the unit includes one covered parking space conveniently located in front. Recent improvements include a new HVAC system (2024), updated shower fixtures, and tile flooring completed in 2023. Rentals are allowed with a one-month minimum, making this a great option for both full-time living and investment. Enjoy a prime location within walking distance to Mercado del Lago, the greenbelt walking and biking paths, and just minutes from Talking Stick Resort, Salt River Fields, Old Town Scottsdale, Kierland, and Scottsdale Quarter. Close proximity to major hospitals, the airport, shopping, dining, and top Scottsdale schools makes this home a standout for convenience and lifestyle.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades PK-5 • 2.6 mi
Grades PK-6 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,116 | 1,105 | 54% |
| Lot Size | 1,363 | 857 | 79% |
| Price | $369.0K | $313.5K | 61% |
| Price per sq ft | $331 | $291 | 61% |
| Built year | 1984 | 1985 | 43% |
| HOA | $345 | $258 | 75% |
| Days on market | 66 | 1956 | 4% |
Feb 16, 2026
$369,000
Initial Listing