5877 N GRANITE REEF Road 2240, Scottsdale, AZ 85250, Scottsdale AZ 85250
Move In Ready Monterra Condo with No One Above! Enjoy effortless, low maintenance living in this cozy Monterra condo in the heart of Scottsdale. The open floorplan is filled with natural light and features luxury vinyl flooring (2025), designer paint, and two sliding glass doors leading to a private balcony, perfect for soaking up Arizona's beautiful days. This home has been thoughtfully updated, including a new water heater, air handler motor, bathroom cabinets, sink, and bath fixtures (all in 2025), new dishwasher, microwave, and garbage disposal (2024), and new carpet and R/O system (2022).
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Scottsdale
This property is offered at $313 per square foot, compared with a $254 median for active 2-bedroom homes in Scottsdale. Its asking price falls near the 51st percentile of that active group. The comparison uses 1,310 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $389,950, and the median is $295 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 5877 N GRANITE REEF Road 1134, Scottsdale, AZ 85250 | Apr 24, 2026 | 2 bd · 891 sqft | $267,000 | 0.0 mi |
| 8420 E MONTEBELLO Avenue, Scottsdale, AZ 85250 | Aug 26, 2026 | 2 bd · 1,088 sqft | $321,000 | 0.1 mi |
| 8457 E MONTEBELLO Avenue, Scottsdale, AZ 85250 | May 26, 2026 | 2 bd · 1,088 sqft | $297,500 | 0.1 mi |
| 8538 E MCDONALD Drive, Scottsdale, AZ 85250 | Aug 18, 2026 | 3 bd · 1,584 sqft | $365,000 | 0.2 mi |
| 8614 E EL CHARRO Lane, Scottsdale, AZ 85250 | May 22, 2026 | 4 bd · 1,380 sqft | $550,000 | 0.2 mi |
| 6051 N GRANITE REEF Road, Scottsdale, AZ 85250 | Jun 25, 2026 | 3 bd · 1,408 sqft | $414,900 | 0.2 mi |
| 5941 N 83rd Street, Scottsdale, AZ 85250 | May 11, 2026 | 3 bd · 1,692 sqft | $415,000 | 0.2 mi |
| 8338 E VALLEY VIEW Road, Scottsdale, AZ 85250 | Apr 28, 2026 | 3 bd · 2,278 sqft | $738,000 | 0.2 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $279,000 · Active
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Similar active homes in Scottsdale
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View all Scottsdale homes for sale · See the Scottsdale market report