8721 E AMELIA Avenue, Scottsdale, AZ 85251, Scottsdale, 85251 - 3 bed, 2 bath
Loading property details...
Scottsdale, AZ 85251
This Value-Add Scottsdale Residence represents a High-Potential Investment Opportunity with a List Price of $579,000—positioned well below the $698,703 Fair Market Value by 17%. This valuation gap provides $119,703 in Instant Equity for buyers prepared to modernize the Fair Condition interior. Featuring a rare two-car garage, private patio, and a large 7,402 sqft lot near Old Town, the property offers massive upside through renovation or rebuilding. It is an ideal acquisition for Fix-and-Flip Investors or Value-Add Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8721 E AMELIA Avenue Subject | $569,000* List Price | 3 | 2 | 1,812 | $314 | - |
A 8526 E INDIANOLA Avenue Sold | $580,000 | 4 | 2 | 1,850 | $314 | 0.3 mi |
B 3809 N 85th Place Sold | $643,000 List Price | 4 | 2 | 1,830 | 0.2 mi | |
C 8518 E MARIPOSA Drive Sold | $549,999 List Price | 3 | 2 | 1,726 | 1.0 mi | |
D 8337 E MONTEROSA Street Sold | $712,500 | 3 | 3 | 1,808 | $394 | 0.4 mi |
E 8502 E FAIRMOUNT Avenue Sold | $496,500 List Price | 3 | 2 | 1,752 | 0.3 mi | |
F 8102 E WHITTON Avenue Sold | $645,000 | 3 | 2 | 1,778 | $363 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is in livable condition but shows significant signs of age. While it has received some cosmetic updates such as newer laminate flooring, recessed lighting, and fresh paint, the kitchen and bathrooms remain dated with features like tiled countertops, older white appliances, and a fluorescent light box. The presence of popcorn ceilings and the listing's own suggestion that the property is a candidate for renovation or rebuilding further support a 'fair' rating, as major components are functional but outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7402, living area = 1812.
Ideally situated in the heart of Scottsdale, this property offers immediate proximity to Old Town, the Loop 101, and high-end shopping and dining districts.
The home boasts an uncommon two-car garage for the area and is positioned on a quiet interior street with no unsightly overhead power lines.
Built in 1974, the home likely requires significant modernization of its interior finishes and major systems to meet contemporary standards.
The listing's emphasis on renovation or rebuilding suggests that substantial additional capital will be necessary to realize the property's full market value.
LOCATION, LOCATION, LOCATION! This charming 3-bed, 2-bath home is minutes to Old Town Scottsdale, Loop 101, restaurants, shopping, entertainment, and sought after schools. Enjoy an interior street in a great neighborhood, no overhead power lines, and an uncommon 2 car garage. Great opportunity to live as is, renovate, or rebuild in this hot neighborhood.
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 | 1,812 | 1,876 | 41% |
| Lot Size | 7,402 | 7,638 | 45% |
| Price | $569.0K | $675.0K | 38% |
| Price per sq ft | $314 | $390 | 38% |
| Built year | 1974 | 1960 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 2095 | 1% |
Apr 15, 2026
$569,000
$579,000
-2% Price Drop
Initial Listing
Feb 11, 2026
$579,000
Initial Listing