
Scottsdale, AZ 85250
This Single-Level Scottsdale Residence is a Prime Investment Opportunity, listed at $599,000—positioned well below the $621,350 Fair Market Value by 3%. This valuation gap offers $22,350 in Instant Equity. While the interior carries a Fair Condition Rating with dated finishes, major mechanicals including the Roof, HVAC, and Sewer Lines are recently updated. Featuring a 7,944 sqft lot and No HOA, this property balances immediate functional reliability with significant cosmetic upside. It is an ideal acquisition for Owner-Occupants seeking sweat equity or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8702 E STARLIGHT Way Subject | $599,000* List Price | 3 | 2 | 1,583 | $393 | - |
A 8743 E El Nido Lane Sold | $650,000 | 3 | 3 | 1,596 | $407 | 0.1 mi |
B 8611 E VISTA Drive Sold | $652,721 | 3 | 2 | 1,756 | $372 | 0.7 mi |
C 8743 E EL NIDO Lane Sold | $650,000 | 3 | 3 | 1,587 | $410 | 0.1 mi |
D 8613 E ORANGE BLOSSOM Lane Active Under Contract | $575,000 List Price | 3 | 2 | 1,380 | $417 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but the interior finishes are significantly dated, aligning with the 'fair' criteria. While major mechanical systems like the roof and HVAC have been updated, the kitchen and bathrooms feature styles from approximately 20-30 years ago, including oak cabinetry, laminate countertops, and older white appliances. The presence of popcorn ceilings, older carpeting, and linoleum flooring indicates a need for cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7944, living area = 1583.
The property features significant recent updates including a newer roof, HVAC system, and sewer lines, providing long-term peace of mind and reducing immediate capital expenditure for the buyer.
Situated in a neighborhood with no Homeowners Association, this residence offers owners maximum flexibility for property use and modifications without monthly fees or restrictive covenants.
The interior likely requires aesthetic modernization to meet contemporary luxury standards, as the property is positioned as a move-in ready home that needs personal updating.
Built in 1962, the home may feature a more traditional, compartmentalized floor plan that lacks the expansive open-concept flow typically sought after in modern residential designs.
Welcome to an incredible opportunity to own a single-level home in the heart of Scottsdale, ideally located just minutes from McDonald Dr and Loop 101--with no HOA! This 3-bedroom, 2-bath residence is nestled in a neighborhood known for its charm and character. Pride of ownership shines through, with major mechanical updates already completed--including a roof, HVAC system, and sewer lines--providing peace of mind for years to come. Move right in and update to your personal taste at your own pace. The inviting living room features a stunning picture window that fills the space with natural light, along with a cozy brick wood-burning fireplace--perfect for relaxing or entertaining. Additional highlights include a spacious driveway, a 2-car garage with extra storage, and a generously sized low-maintenance backyard designed for easy living and outdoor enjoyment. Conveniently located near top shopping, dining, and freeway access, this home offers the perfect blend of comfort, flexibility, and prime Scottsdale living--all without HOA restrictions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,583 | 2,124 | 16% |
| Lot Size | 7,944 | 7,548 | 61% |
| Price | $599.0K | $726.2K | 39% |
| Price per sq ft | $378 | $404 | 43% |
| Built year | 1962 | 1970 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 1502 | 2% |
Mar 17, 2026
$599,000
Initial Listing