8531 E MONTEREY Way, Scottsdale, AZ 85251, Scottsdale AZ 85251
Tired of seeing Scottsdale homes that all seem to follow the same formula? Welcome to 8531 E Monterey Avenue, a completely reimagined home that feels anything but cookie cutter. Packed with character, thoughtful custom design choices, and high end finishes, this four bedroom, two bath home manages to feel both elevated and incredibly warm and welcoming. The home was renovated down to the studs, with more than $400,000 invested in the renovation. Major systems were replaced, including HVAC, electrical, and plumbing, while the interior was rebuilt with custom cabinetry, beautiful countertops, an
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 $490 per square foot, compared with a $438 median for active 4-bedroom homes in Scottsdale. Its asking price falls near the 52nd percentile of that active group. The comparison uses 907 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 $800,000, and the median is $391 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 |
|---|---|---|---|---|
| 3125 N 85TH Street, Scottsdale, AZ 85251 | Sep 30, 2026 | 4 bd · 2,260 sqft | $877,000 | 0.0 mi |
| 8614 E Monterey Way, Scottsdale, AZ 85251 | Sep 18, 2026 | 5 bd · 2,404 sqft | $950,000 | 0.2 mi |
| 2941 N GRANITE REEF Road, Scottsdale, AZ 85251 | May 12, 2026 | 5 bd · 2,239 sqft | $1,178,995 | 0.2 mi |
| 8625 E MULBERRY Street, Scottsdale, AZ 85251 | Jun 3, 2026 | 4 bd · 2,360 sqft | $790,000 | 0.2 mi |
| 8336 E MONTEREY Way, Scottsdale, AZ 85251 | Aug 24, 2026 | 3 bd · 2,014 sqft | $730,000 | 0.3 mi |
| 3027 N 83RD Place, Scottsdale, AZ 85251 | Jul 30, 2026 | 3 bd · 1,899 sqft | $750,000 | 0.3 mi |
| 3407 N 85TH Street, Scottsdale, AZ 85251 | Jun 4, 2026 | 3 bd · 1,578 sqft | $810,000 | 0.3 mi |
| 8625 E OSBORN Road, Scottsdale, AZ 85251 | Jun 10, 2026 | 4 bd · 2,360 sqft | $710,000 | 0.3 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.
- $1,174,999 · Active
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These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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