985 N GRANITE REEF Road 154, Scottsdale, AZ 85257, Scottsdale, 85257 - 2 bed, 3 bath
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Scottsdale, AZ 85257
This Strong Value Opportunity is a Turnkey Townhouse listed at $275,000—positioned well below the $291,814 Fair Market Value by 5%. This valuation gap provides $16,814 in Instant Equity. With a Condition Rating of 3, the home features a Granite Kitchen, newer appliances, and updated HVAC. Residents enjoy Community Pools and proximity to the Greenbelt. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready Scottsdale residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 985 N GRANITE REEF Road 154 Subject | $275,000* List Price | 2 | 3 | 1,145 | $255 | - |
A 985 N GRANITE REEF Road 172 Sold | $270,000 | 2 | 3 | 1,145 | $236 | 0.0 mi |
B 1232 N 84TH Place Sold | $300,000 | 2 | 2 | 1,010 | $297 | 0.2 mi |
C 8625 E BELLEVIEW Place 1124 Sold | $224,000 List Price | 2 | 2 | 917 | 0.5 mi | |
D 8625 E BELLEVIEW Place 1124 Sold | $265,000 List Price | 2 | 2 | 917 | 0.5 mi | |
E 1139 N 84TH Place Sold | $235,000 | 2 | 2 | 950 | $247 | 0.2 mi |
F 1139 N 84TH Place Sold | $235,000 | 2 | 2 | 950 | $247 | 0.2 mi |
G 885 N GRANITE REEF Road 82 Active | $288,000 List Price | 2 | 3 | 1,145 | $252 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property has been well-maintained with significant updates to key systems including a newer roof and HVAC. The interior features granite countertops and newer kitchen appliances, placing it in the 5-15 year renovation category and making it move-in ready.
Situated near Old Town Scottsdale and the scenic Greenbelt, this property offers exceptional access to premier dining, shopping, and outdoor recreation.
The inclusion of a newer roof and HVAC system provides significant value and peace of mind, reducing the likelihood of major near-term capital expenditures.
Featuring granite countertops, newer appliances, and available furniture, this well-maintained townhome is move-in ready for homeowners or immediate rental for investors.
With middle and high schools rated 4 and 3 respectively, the local school district performance may limit appeal for families prioritizing education.
The $390 monthly association fee is relatively high for the price point, which may impact the overall debt-to-income ratio for buyers and net yields for investors.
Nestled in the heart of Scottsdale Haciendas, this beautifully maintained 2 bedroom, 2.5 bathroom townhome features comfort, convenience, and Old Town Scottsdale lifestyle. You'll enjoy easy access to premier dining, shopping, entertainment, and outdoor recreation. Inside, the home features a spacious and functional floor plan with granite countertops throughout, newer kitchen appliances, and a desirable double oven perfect for cooking and entertaining. The primary suite offers dual sinks and granite counters in the ensuite bath, while thoughtful upgrades including a newer roof and HVAC provide peace of mind. Additional highlights include lush, low maintenance landscaping, inside laundry, an attached 1-car garage, and ample visitor parking for guests... ...Residents of Scottsdale Haciendas enjoy access to two community pools and are just one mile from the scenic Greenbelt, offering endless hiking, biking, and walking trails. Furniture is also available, making this an exceptional turnkey opportunity for a full-time residence, seasonal retreat, or investment property.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,145 | 1,077.5 | 50% |
| Lot Size | 48 | 58 | 43% |
| Price | $275.0K | $272.5K | 50% |
| Price per sq ft | $240 | $257 | 36% |
| Built year | 1985 | 1983 | 71% |
| HOA | $390 | $196 | 93% |
| Days on market | 33 | 2370 | 7% |
May 14, 2026
$275,000
Initial Listing