8880 E PARAISO Drive 122, Scottsdale, AZ 85255, Scottsdale, 85255 - 2 bed, 2 bath
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Scottsdale, AZ 85255
This North Scottsdale Townhouse represents a Strong Value Opportunity, listed at $460,000—positioned well above the $425,643 Fair Market Value. While the property requires cosmetic modernization, it features a Condition Rating of 4, recent HVAC and water heater upgrades, and a desirable split-suite layout. Located in a boutique complex with resort-style amenities and proximity to top-rated schools like Copper Ridge, this unit offers a prime lock-and-leave lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8880 E PARAISO Drive 122 Subject | $460,000* List Price | 2 | 2 | 1,271 | $335 | - |
A 8880 E PARAISO Drive 223 Sold | $545,000 | 3 | 2 | 1,448 | $376 | 0.0 mi |
B 8880 E PARAISO Drive 118 Active | $500,000 List Price | 2 | 2 | 1,240 | $403 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1996 (28+ years old) and retains its original kitchen and bath finishes, including dated maple cabinets and white coil-top appliances. While the HVAC and water heater are excellent (replaced ~2 years ago), the interior aesthetics are dated and require modernization to meet current market standards.
Situated in an upscale boutique complex of only 48 units, this property offers a highly desirable lock-and-leave lifestyle with immediate access to premier dining, championship golf, and scenic hiking trails.
The ground-floor, no-stairs entry combined with a split-floor plan featuring two primary suites provides excellent accessibility and privacy for residents and guests alike.
The recent replacement of the HVAC system and hot water heater (approximately 2 years ago) provides significant value and peace of mind regarding immediate capital expenditures.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =276, other record lot size in square feet = 138. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1271, other record living area = 1240.
The interior features 1990s-era finishes such as maple cabinets and older tile, suggesting the unit may require additional investment in cosmetic updates to compete with fully renovated properties in the area.
While the property includes a garage, it is detached from the unit, which may be a drawback for buyers seeking the convenience and weather protection of an attached direct-entry garage.
Boutique complex (48 total units) in upscale North Scottsdale, featuring beautifully manicured grounds, community pool & spa, fire pit, and a shaded pool-side BBQ. This Mirage Village ground-floor (no stairs) condo offers a lock-and-leave lifestyle with 2 primary suites in a split layout, a detached garage, a covered patio, all steps away from the resort-style pool. Additional features: 9 foot ceilings, maple cabinets, tiled kitchen and baths; walk-in closets; breakfast bar counter; entertainment nook; inside laundry; recently replaced HVAC and hot water heater (approx 2 years). Quiet desert views with great access to North Scottsdale's premier dining, shopping, golf courses, and hiking trails. Property ready for your buyers personal touches. Easy to show!
No exterior & parking available.
Grades PK-8 • 2.3 mi
Grades 9-12 • 8.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,271 | 2,161 | 4% |
| Lot Size | 276 | 2,027 | 30% |
| Price | $460.0K | $545.0K | 41% |
| Price per sq ft | $362 | $371 | 48% |
| Built year | 1996 | 2002 | 26% |
| HOA | $289 | $313 | 48% |
| Days on market | 27 | 2062 | 4% |
May 23, 2026
$460,000
Initial Listing