6831 E Presidio Road Scottsdale, 85254

Bedrooms:
7
Bathrooms:
5
Square Feet:
4,197 sqft
Price $2,695,000 .00
Approx /month
Get More Details
Sale Price:
$2,695,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$5,176
Insurance: (year)
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Virtual Tour of 6831 E Presidio Road , Scottsdale 85254

Property Description

Investment Opportunity! This turnkey short-term rental has been active since 2022 and features 7 bedrooms, 4 full baths and room for 16+ guests. It grossed over 300k in its first full year of operation in 2023 and on pace to surpass that in 2024 with bookings already stretching into January of 2025 (with plenty of additional days still open for booking). This beautiful and spacious home was fully redone in 2022 with engineered light oak hardwood floors, designer touches throughout, a resort like backyard and plenty of games inside for your guests to enjoy. Just a few minutes away from the high-end shopping and dining at Kierland Commons, Scottsdale Quarters and the Desert Ridge Area. Quick access to the 101. The instant success of this home is thanks to the management company in place which provides white glove service to guests and a completely passive investment for you. Additional revenue potential lies in a currently unused detached 3-car garage. Financial details available upon request.

General Information

Price:
$2,695,000
Status:
Active
Listing Updated:
6/25/2024
List Date:
5/24/2024
Close Date
Square Feet:
4,197
Bedrooms:
7
Bathrooms:
5
Garage Spaces:
3.00
Year Built:
1975
Builder Name:
Custom
Subdivision:
Rancho Monte Vista
City:
Scottsdale
Zip:
85254
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$5,176
Tax Year:
2023
MLS ID:
6710252
Listing Attribution:
America One Luxury Real Estate
Buyer Agency Compensation:
3.00%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Property Features

Interior Features
Eat-in Kitchen, Furnished(See Rmrks), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
Exterior Features
Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Sport Court(s), Built-in Barbecue
Flooring
Carpet, Tile, Wood
Laundry
Fireplace Features
1 Fireplace
Cooling
Refrigeration, Ceiling Fan(s)
Heating
Electric
Utilities
Pool
Play Pool, Private
Spa
Above Ground, Heated, Private
Construction Finish
Painted, Stucco, Frame - Wood
Roofing
Built-Up
Water
City Water
Sewage
Sewer in & Cnctd, Public Sewer
Fencing
Block

School Information

High School:
Horizon High School
High School District:
Paradise Valley Unified District
Middle School:
Desert Shadows Middle School - Scottsdale
Elementary School:
Sandpiper Elementary School
Elementary School District:
Paradise Valley Unified District

Community Information

Subdivision:
Rancho Monte Vista

Lot Information

Lot Size (sq feet):
24,051
Lot Features:
Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back
Fencing:
Block

Location Information

Directions:
West to 69th St, South to Presidio, West to home.
Cross Street:
Scottsdale Rd & Thunderbird
Map:
View on Map

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

6831 E Presidio Road Scottsdale AZ 85254

Property Type:
Single Family - Detached
Bedrooms:
7
Bathrooms:
5
Interior SqFt:
4197
Interior Stories:
1
Year Built:
1975

3 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.88 Miles
$2,750,000
0.7 Miles
$2,100,000
1.76 Miles
$4,875,000

4 Active Properties

Address
Distance/Miles
Active Price
Details
0.74 Miles
$1,488,000
0 Miles
$2,695,000
1.99 Miles
$1,900,000
1.55 Miles
$5,500,000