7220 E Portland Street
Scottsdale, AZ 85257

  • 4 beds
  • 3 baths
  • 2,601 sqft
  • 7,603 sqft lot
  • $330 per sqft
  • 1960 build
  • on site

Introducing a fantastic opportunity in the vibrant community of New Papago Parkway - a meticulously remodeled home with boundless potential for investors and permanent residents alike. Nestled in a neighborhood free from HOA restrictions, this single-level gem was completely renovated in 2019, boasting a myriad of enticing features. Whether you're seeking a lucrative rental property or a turnkey primary residence, this home promises the best of both worlds, inviting you into a fully furnished sanctuary that is loaded with charm and functionality. Discover the allure of a full-time vacation rental with a robust rental history, boasting an impressive average annual gross income exceeding $100,000. The property's consistent performance underscores its appeal to savvy investors seeking a lucrative venture in the dynamic real estate market. Step into an ambiance of modern elegance, where porcelain plank flooring sets the stage and invites you into the heart of the home with a newly crafted chef's kitchen featuring tasteful shaker-style blue cabinetry, pristine white quartz countertops, and stainless-steel appliances. Entertaining is effortless with a spacious center island with bar seating that seamlessly integrates with the dining and living areas. An additional family room/game room with a cozy fireplace featuring stone surround and a custom built-in wet bar with cabinetry, sink, a wine fridge, and wine rack make this space both fun and functional. The primary suite with private bath, alongside all additional bedrooms and baths are all remodeled to perfection with LED mirrors and custom showers. Escape to the backyard sanctuary designed with entertaining in mind. A brand-new heated pool, boasting stylish tile accents and a soothing waterfall feature installed in 2020, invites you to indulge in moments of relaxation. Near the pool you'll find a new built-in BBQ station, while a covered pergola with an outdoor fireplace sets the stage for nights beneath the stars. Whether you envision a hassle-free lock-and-leave lifestyle, a primary residence, or a fantastic income producing property, this home caters to diverse lifestyle preferences, offering endless possibilities and investment potential. Don't miss your chance to own a piece of paradise in New Papago Parkway just minutes away from the vibrant energy of Old Town Scottsdale offering dining, shopping, arts & entertainment all within your reach. Take the next step and reach out for your private tour today!

Phoenix Arizona MLS logo Listing courtesy of ARMLS / Griggs's Group Powered by The Altman Brothers

Last checked: Checking… • Last updated May 1, 2024 •

MLS# 6670456 —

Monthly cost estimate

7220 E Portland Street

Asking price

$860,000

Expense Monthly cost
Mortgage

$4,605

Taxes $128
Insurance $236
Utilities $214 See report
Total $5,183/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
4/30/24
Price Changed ARMLS $860,000 -2.8%
2/29/24
Listed / Active ARMLS $885,000 140.5% (30.4% / YR)
7/15/19
ARMLS $368,000 127.9% (15.8% / YR)

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Listing provided by broker:

George Mevawala

Griggs's Group Powered by The Altman Brothers

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This house located in Old Town, Scottsdale, AZ 85257 is currently for sale for $860,000. 7220 E Portland Street is a 2,601 square foot house with 4 beds and 3 baths that has been on Estately for 65 days. 7220 E Portland Street is in the Old Town neighborhood of Scottsdale and has a WalkScore® of 62, making it somewhat walkable. This house is in the attendance area of Yavapai Elementary School, Supai Middle School, and Coronado High School.

Phoenix Arizona MLS logo Listing Courtesy of: ARMLS and Griggs's Group Powered by The Altman Brothers.

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