
Phoenix, AZ 85007
This Monterey Revival Historic Estate is a Strong Value Opportunity, listed at $2,400,000—positioned well below the $2,634,376 Fair Market Value by 8%. This valuation gap provides $234,376 in Instant Equity. Boasting a Mint Condition Rating, the fully remodeled interior features a custom chef's kitchen, stacking doors, and a pool with panoramic golf course views. While local school ratings are modest, the property’s architectural significance and 1/3-acre corner lot offer unmatched lifestyle luxury. This is a premier acquisition for Luxury Homeowners or Historic Preservationists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 W Encanto Boulevard Subject | $2,400,000* List Price | 4 | 4 | 4,290 | $614 | - |
A 1015 W ENCANTO Boulevard Active | $2,750,000 List Price | 4 | 3 | 4,425 | $621 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1940, the property is described as fully remodeled with a custom high-end kitchen and modern stacking doors. Visuals confirm mint condition with contemporary bathroom finishes, updated flooring, and high-quality fixtures, indicating a comprehensive renovation within the last 5 years.
Situated on a premium 1/3-acre corner lot in the coveted Encanto Historic District, the home offers rare, picturesque views of Encanto Park and the golf course.
The property features a comprehensive remodel including a custom chef's kitchen with high-end appliances and stacking doors that create a seamless indoor-outdoor living experience.
With 4,290 square feet, a fully finished basement, and a primary suite on the main floor, the layout provides significant flexibility for a gym, playroom, or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4290, other record living area = 3376.
The assigned public schools, including Central High and Encanto School, carry lower ratings (3/10), which may be a concern for families prioritizing local education quality.
As a 1940s Monterey Revival in a historic district, the property may be subject to stricter preservation guidelines and higher insurance or maintenance costs compared to contemporary homes.
Fantastic Monterey Revival family home in the highly coveted Encanto Historic District. The fully remodeled home has a fantastic custom kitchen with high end appliances and a large island. Stacking doors open the home from the indoor dining to the outdoor living areas, pool and tons of play place. The primary bedroom is on the main floor along with another bedroom and bath. Upstairs are 2 bedrooms and 2 baths and a classic balcony overlooking Encanto Park and the Encanto golf course. The fully finished basement is an outstanding family room, kids play room or gym. Set on a large 1/3 acre, corner lot, this home is truly special. Do not miss this opportunity!
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.2 mi
Grades PK-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 4,290 | 1,511 | 99% |
| Lot Size | 15,943 | 7,355 | 99% |
| Price | $2.40M | $483.5K | 99% |
| Price per sq ft | $559 | $354 | 97% |
| Built year | 1940 | 1936 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 1469 | 1% |
Apr 24, 2026
$2,400,000
Initial Listing