7 days on Rocket
$10,000 Closing Credit¹
#6860960, Philippe D Tibi, Larissa Anderson, Listing Office: Compass
#6849153·
Listing office: eXp Realty·
Listing agent: Jeremy Lentine·
Listing office phone: 888-897-7821
$1,349,950 List price
8531 E Monterey Way Scottsdale, AZ 85251
$10,000
Closing credit¹
4 beds
2 baths
2,397 sqft
0.2 acres
$563 / sqft
House
Property details
About 8531 E Monterey Way
Every inch of 8531 East Monterey Way has been reimagined with intention—remodeled down to the studs and brought to life with custom design choices that strike the perfect balance between style and substance. From the moment you arrive, you'll notice the care that's gone into the transformation—from the fully renovated front and back yards to the unique architectural touches and refined finishes throughout. The kitchen is a showpiece with sleek custom cabinetry, a pot filler, high-end appliances, and gorgeous countertops that tie the entire space together. Every room has its own personality, thanks to carefully selected finishes and wallpaper that feel curated rather than cookie-cutter. A wood-burning fireplace adds warmth and texture to the main living area, while new HVAC, electrical, and solar panels bring modern peace of mind behind the scenes. Outside, the backyard is a destination in itself: a heated pool, built-in fire pit, and gazebo all set within a lush lawn that invites gatherings both large and small. The oversized front patio extends the living space even further, creating multiple spots to relax or entertain. This isn't a typical remodel - it's a home with vision, crafted for someone who appreciates great design and quality at every turn. Welcome to something truly special in the heart of Scottsdale!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,397 sqft
Lot size0.23 Acres
Year built1968
ParkingDirect Access
MLS #6849153
Garage2 spaces
Fireplace1 Fireplace, Family Room
ViewMountain(s)
Private poolYes
Summary
- Flooring Type: Wood
- Interior: High Speed Internet, Double Vanity, Eat-in Kitchen, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
- Fireplace: 1 Fireplace, Family Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Private Pool: Yes
- Parking: Direct Access
- View: Mountain(s)
- Exterior: Private Yard
- Architectural Style: Ranch
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $1,349,950
- Price/SqFt: $563
- Annual Tax Amount: $1,944
- Tax Year: 2024
- Lot: Corner Lot
- Directions: West on Thomas, South on 86th St., West on Earll, North on Monterey Way
- Year Built: 1968
- Stories: 1
- Living Area: 2,397 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 6849153
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: eXp Realty
- Office Phone: (888) 897-7821
- Office Email: az.broker@exprealty.net
- Listing Agent: Jeremy Lentine
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2025, 5:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,349,950
8531 E Monterey Way
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 04, 2021 | Home Sold | $795,000 |
| Sep 26, 2008 | Home Sold | $405,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $76,850 | $1,944 |
| 2023 | $60,830 | $1,850 |
| 2022 | $46,170 | $2,007 |
| 2020 | $40,900 | $1,989 |
| 2019 | $37,000 | $1,884 |
| 2017 | $31,870 | $1,778 |
History based on county public records data.
Nearby schools
5
Pima Traditional School
Public District PK-5
0.4 mi
•8330 E Osborn Rd
8
Hohokam Elementary School
Public District PK-5
0.8 mi
•8451 E Oak St
6
Navajo Elementary School
Public District PK-5
1.3 mi
•4525 N Granite Reef Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,004. Most Scottsdale, AZ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
15%
<35k
43%
35k-100k
27%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
45%
Single, No Kids
8%
Single, with Kids
33%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
Tennis
Where do the neighbors shop?
Chico's
Nordstrom Rack
IKEA
Where do the neighbors go to eat?
Boston Market
Chipotle
Bonefish Grill
What do the neighbors drive?
Volvo
Mazda
Jeep
What do the neighbors listen to?
Talk/Personality
Rock
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8531 E Monterey Way
The listing price of 8531 E Monterey Way property is $1,349,950.
The property 8531 E Monterey Way is a house located in Scottsdale, Arizona, 85251.
Active Listing: 8531 E Monterey Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8531 E Monterey Way are: Pima Traditional School (GreatSchools Rating 5/10), Hohokam Elementary School (GreatSchools Rating 8/10), Navajo Elementary School (GreatSchools Rating 6/10), Mohave Middle School (GreatSchools Rating 6/10), Tonalea K - 8 School (GreatSchools Rating 3/10), Laird Elementary School (GreatSchools Rating 3/10), Coronado High School (GreatSchools Rating 3/10), Scottsdale Online Learning (GreatSchools Rating 5/10), Salt River Accelerated Learning Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $1,944 (source: MLS/based on county public records data).
The last sale was on May 4, 2021 for $795,000 (source: MLS/tax record).
The property at 8531 E Monterey Way has 4 bedrooms and 2 bathrooms.
The property 8531 E Monterey Way is 2,397 SqFt (source: MLS/tax record).
The year of construction for 8531 E Monterey Way is 1968.
This home is located at 8531 E Monterey Way in Scottsdale, AZ and zip code 85251 in the Village Grove neighborhood. This 2,397 square foot home, which was built in 1968, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $1,349,950.
While more than 48 listings in Scottsdale, AZ in April 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 433 were sold below. The number of listings in Scottsdale, AZ increased by 3% between March and April 2025. While the average time on the market in April 2025 was 71 days, the median list price was $875,595.
From Rocket Homes Real Estate and based on county public records data.