RealtyLens
for saleRealtyLens property overview
$315,000

5704 E Aire Libre Ave Unit 1048

Scottsdale, AZ, 85254
View more Scottsdale, AZ property pages
2Beds
2.5Baths
1,088Sqft
$290$/sqft

Listing Notes

Charming 2-bedroom, 2.5-bath townhome in a desirable North Scottsdale community! This light-filled home features wood and tile flooring throughout and vaulted ceilings in both bedrooms that create an open, airy feel. Each spacious bedroom includes its own private ensuite bath. The inviting living area offers a cozy fireplace and flows into a bright kitchen with ample cabinetry, dining space, and natural light. A convenient in-unit stacked washer and dryer and half bath complete the main level. Step outside to a private north-facing patio--perfect for relaxing or weekend BBQs. The community features a large resort-style pool with cabanas and well-maintained grounds. Prime location near Loop 101, SR-51, shopping, dining, golf, and everything North Scottsdale has to offer!

Market Insights

Below nearby median-25%

$290/sqft vs a nearby median of $388/sqft.

Nearby median$388/sqft
Nearby properties2
Property size1,088 sqft
  • -25% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,088 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$414k$363k$465k · 17% confidence
vs ask $315k−$99k (−31.4%)

Asking price is about 31.4% below the fair value — likely to draw competing offers if it's still on market.

$388/sqft median across 2 tight comps × 1,088 sqft= $422k
  • Mid-century building era−$6k −1.5%
  • Moderate flood-area edge−$2k −0.5%
Cumulative NYC adjustments−$8k−2.0%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-25% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
26 photos
Property type
townhomes
Status
for sale

Photos

Price History

May 8, 2026Initial record
$315,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.