885 N GRANITE REEF Road 82, Scottsdale, AZ 85257, Scottsdale, 85257 - 2 bed, 3 bath
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Scottsdale, AZ 85257
This 2-bedroom townhouse represents a High-Potential Investment Opportunity, listed at $289,000—positioned well below the $301,347 Fair Market Value by 4%. This valuation gap provides $12,347 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a modernized granite kitchen, wood-look flooring, and access to community pools and spa. While school ratings are modest, the superior 3-bathroom configuration ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the Scottsdale market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 885 N GRANITE REEF Road 82 Subject | $289,000* List Price | 2 | 3 | 1,145 | $263 | - |
A 8525 E BELLEVIEW Street Sold | $305,000 | 2 | 2 | 950 | $321 | 0.4 mi |
B 1139 N 84TH Place Sold | $235,000 | 2 | 2 | 950 | $247 | 0.3 mi |
C 1139 N 84TH Place Sold | $235,000 | 2 | 2 | 950 | $247 | 0.3 mi |
D 1232 N 84TH Place Sold | $300,000 | 2 | 2 | 1,010 | $297 | 0.3 mi |
E 985 N GRANITE REEF Road 154 Active | $275,000 List Price | 2 | 3 | 1,145 | $240 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property has undergone significant interior updates including a modernized kitchen with granite countertops, stainless steel appliances, and updated wood-look flooring. The condition appears well-maintained and move-in ready, consistent with a renovation performed within the last 5-15 years.
Priced under $300,000 in Scottsdale, this property offers a highly competitive entry point for first-time buyers or investors in a sought-after market.
With three bathrooms for a two-bedroom unit, the layout provides a rare level of convenience and privacy that exceeds standard condominium configurations.
The inclusion of two community pools and a spa enhances the lifestyle appeal and provides a resort-like atmosphere for residents.
The assigned middle and high schools carry lower ratings of 4 and 3, which may be a deterrent for families and impact long-term appreciation.
Built in 1985, the property may soon require capital improvements or updates to major systems to maintain modern standards and efficiency.
This lovely 2-bedroom condo is the one for you! Discover the inviting living areas perfect for entertaining and easy everyday living, showcasing wood-look flooring, tile in all the right places, and a soothing palette that makes you want to stay. The kitchen comes equipped with spacious cabinetry, ample counter space, and built-in essentials for a seamless cooking experience. The main suite promises a good night's sleep, offering a closet with mirrored doors, a full bathroom with double sinks for convenience, and direct access to the balcony, where you can enjoy your morning coffee in peace. Don't forget to visit the community's 2 pools and spa for a relaxing time! Welcome home!
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,145 | - |
| Lot Size | 49 | - |
| Price | $289.0K | $586.7K |
| Price per sq ft | $252 | $402 |
| Built year | 1985 | 0 |
| HOA | $0 | $0 |
| Days on market | 25 | 2386 |
Jun 30, 2026
$289,000
Initial Listing