
Scottsdale, AZ 85257
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $475,000—positioned well below the $489,163 Fair Market Value by 2%. This valuation gap offers $14,163 in Instant Equity. Boasting an Excellent Condition Rating with a 2023 HVAC and 2022 sewer line, the home features modern travertine flooring and a private backyard with an RV gate. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near Old Town Scottsdale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8702 E SHERIDAN Street Subject | $475,000* List Price | 2 | 2 | 1,020 | $480 | - |
A 8713 E HUBBELL Street Sold | $579,000 | 3 | 3 | 1,306 | $443 | 0.4 mi |
B 2035 N 87TH Street Pending | $464,900 List Price | 2 | 2 | 990 | $470 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1960, the property has undergone extensive recent renovations that meet the 'Excellent' criteria. Major systems are nearly new, including a 2023 HVAC, 2023 water heater, 2022 sewer line, and 2018 roof. The interior is in mint, move-in condition with updated travertine flooring, a modern kitchen with stainless steel appliances, and fully renovated bathrooms. Fresh paint and brand-new carpets ensure no immediate maintenance is required.
The property features significant capital improvements including a 2023 HVAC, 2023 water heater, 2022 sewer line replacement, and a 2018 roof, offering peace of mind and reduced immediate maintenance costs.
Situated on a quiet cul-de-sac minutes from Old Town Scottsdale with no HOA restrictions, this home provides both lifestyle convenience and freedom for homeowners or investors.
The large lot includes an RV gate with ample room for recreational vehicles, low-maintenance turf, and scenic mountain views, maximizing the utility of the desert landscape.
With only 1,020 square feet and a two-bedroom configuration, the interior living area may be restrictive for growing families or those requiring a dedicated home office.
As a 1960s build, the home may possess smaller room dimensions and a traditional floor plan that lacks the expansive open-concept flow found in more contemporary residences.
Major updates already completed with NO HOA! Move-in ready on a cul-de-sac just minutes from Old Town Scottsdale, this updated home offers modern finishes, quality upgrades, and an unbeatable location. Major improvements include a 2023 HVAC, 2023 water heater, 2022 sewer line replacement with high-efficiency ABS cleanouts, 2022 RV gate, 2018 roof, turf, and dual pane windows. Built with durable brick construction, the home features fresh interior and exterior paint, matte black fixtures, brand new bedroom carpet, 2'' wood blinds, 24'' tumbled Noche travertine tile flooring. The kitchen includes stainless steel appliances, neutral wood cabinetry, modern hardware, and breakfast bar. The backyard offers low-maintenance turf, desert landscaping, custom mural by a local artist, storage shed, covered patio, decorative chair, and an RV gate with plenty of room for an RV, boat, trailer, or other recreational toys. Additional features include a Nest/Yale smart lock, Nest smoke detectors, recessed lighting, and a washer and dryer that convey with the home. The guest bathroom offers a relaxing soaker tub along with an additional linen closet for extra storage. Located just minutes from Old Town Scottsdale with easy Loop 101 access, this home places you close to premier dining, shopping, golf, spring training, and entertainment. You'll also enjoy nearby access to the Scottsdale Greenbelt, offering miles of walking and biking paths, parks, and beautiful Camelback Mountain views. Whether you're looking for a primary residence, a lock-and-leave second home, or an investment opportunity in one of the Valley's most desirable locations, this property offers the perfect blend of comfort, convenience, and lasting value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,020 | - |
| Lot Size | 6,991 | - |
| Price | $475.0K | $1.25M |
| Price per sq ft | $466 | $475 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 2493 |
Jul 21, 2026
$475,000
Initial Listing