UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,060 sqft
Price per Sqft $470
Subdivision Melrose Village
MLS Listing ID 6998834
Style Spanish,Santa Barbara/Tuscan
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1959
Annual Tax Amount $2,521
Tax Year 2025
Lot Size 8,182 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Fully remodeled entertainer's home just minutes from Old Town Scottsdale. This 4-bedroom, 3-bath property offers a rare combination of location, layout, and income potential ideal as a primary residence, second home, or short-term rental. The open-concept interior features updated finishes throughout, while the spacious backyard is designed for Arizona living with a private pool, putting green, and multiple entertaining areas.
Larger than many homes in the neighborhood at 2,060 sqft and a large yard, this property offers flexibility for families, investors, or those seeking a turnkey Scottsdale lifestyle.
The updated kitchen is designed for both function and style, featuring contemporary. cabinetry, modern countertops, and a seamless connection to the main living and dining areas, ideal for hosting or maximizing rental appeal.
A versatile bonus room/den provides additional flexibility and can serve as a fifth bedroom, media room, office, or game space, enhancing both livability and income potential.
The floorplan is thoughtfully arranged with multiple bedroom suites, offering privacy and convenience for guests or multi-generational living. The primary suite includes direct backyard access, creating a quiet retreat within the home.
The outdoor space is built for year-round enjoyment, featuring a private pool, putting green, covered patio, and multiple areas to relax or entertain, key features that drive strong performance in the Scottsdale rental market.
From an investment standpoint, the property presents compelling income potential, with short-term rental projections exceeding $100,000 annually depending on management and seasonality. For those seeking more stable occupancy, the home also aligns well with mid-term rental demand, with estimated rents around $5,800 per month from traveling professionals, corporate relocations, and seasonal stays.
Located in South Scottsdale near Old Town, the property offers close proximity to golf, spring training, restaurants, shopping, and nightlife, making it highly attractive for both personal use and rental demand year-round.
This is a rare opportunity to own a move-in ready property with strong lifestyle appeal and the flexibility to perform as an income-producing asset in one of Scottsdale's most sought-after areas.
Location
State AZ
County Maricopa
Community Melrose Village
Area Maricopa
Direction Head south on 68th St, then turn east onto Virginia Ave. Continue to 68th Place and turn south. Your new home will be on the right.
Rooms
Other Rooms Great Room
Master Bathroom 2 Master Baths
Master Bedroom Split
Den/Bedroom Plus 5
Separate Den/Office Y
Interior
Interior Features Quartz Countertops, High Speed Internet, Smart Home, Eat-in Kitchen, Breakfast Bar, Furnished(See Rmrks), No Interior Steps, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
Heating Natural Gas
Cooling Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
Flooring Carpet, Laminate, Tile
Fireplace No
Window Features Screens
Appliance Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Electric Oven, Electric Cooktop, Built-In Electric Oven
SPA None
Laundry Inside
Exterior
Exterior Feature Other, Private Yard
Parking Features Attached Garage, RV Gate, Garage Door Opener, Direct Access, Electric Vehicle Charging Station(s)
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool Outdoor, Fenced, Heated
Community Features Near Bus Stop
Utilities Available SRP
View Mountain(s)
Roof Type Composition
Porch Covered Deck, Covered Patio(s)
Total Parking Spaces 2
Private Pool Yes
Building
Lot Description East/West Exposure, Desert Front, Synthetic Grass Back, Auto Timer H2O Front
Story 1
Builder Name Unknown
Sewer Public Sewer
Water City Water
Architectural Style Spanish, Santa Barbara/Tuscan
Structure Type Other,Private Yard
New Construction No
Schools
Elementary Schools Yavapai Elementary School
Middle Schools Tonalea Middle School
High Schools Coronado High School
School District Scottsdale Unified District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 129-04-051
Ownership Fee Simple
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Horse Property N
Disclosures Seller Discl Avail
Possession Close Of Escrow
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
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