1040 E AMBERWOOD Drive, Phoenix, AZ 85048, Phoenix, 85048 - 4 bed, 2 bath
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Phoenix, AZ 85048
This Premium Turnkey Residence is a High-Potential Investment Opportunity, listed at $594,000—positioned well below the $737,574 Fair Market Value by 19%. This significant valuation gap delivers $143,574 in Instant Equity. Boasting a Modernized Condition Rating, the home features luxury vinyl plank flooring, granite countertops, and a heated pool and spa with mountain views. Located in the elite Kyrene School District with multiple 9/10 rated schools, it perfectly balances lifestyle luxury with financial upside. This is an exceptional find for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1040 E AMBERWOOD Drive Subject | $587,000* List Price | 4 | 2 | 1,953 | $322 | - |
A 1516 E WINDSONG Drive Sold | $617,000 | 4 | 2 | 1,817 | $340 | 0.8 mi |
B 1516 E WINDSONG Drive Sold | $617,000 | 4 | 2 | 1,817 | $340 | 0.8 mi |
C 907 E GOLDENROD Street Sold | $635,000 | 3 | 2 | 1,996 | $318 | 0.6 mi |
D 1317 E COTTONWOOD Lane Sold | $645,000 | 4 | 2 | 2,457 | $263 | 0.6 mi |
E 16633 S 14TH Street Sold | $545,000 | 3 | 2 | 1,806 | $302 | 0.6 mi |
F 825 E ASHURST Drive Sold | $755,000 | 3 | 3 | 1,969 | $383 | 0.3 mi |
G 1441 E GLENHAVEN Drive Active | $599,900 List Price | 4 | 2 | 1,806 | $332 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation within the last 5 years, featuring brand new luxury vinyl plank flooring, fresh interior paint, and updated bathroom fixtures. The kitchen is modernized with new stainless steel appliances, thick slab granite countertops, and refreshed white cabinetry. Additionally, the home features a recently updated pool system with a new variable-speed pump, meeting the criteria for a property where all major cosmetic and functional components are new or virtually new.
Elementary School: Kyrene Monte Vista (9/10). Middle School: Kyrene Altadena Middle School (9/10).
The home features extensive recent updates including brand new luxury vinyl plank flooring, fresh paint, granite countertops, and stainless steel appliances, offering a turnkey, move-in-ready experience.
The private backyard serves as a year-round retreat with a heated fiberglass pool and spa, a new energy-efficient variable-speed pump, and scenic mountain views.
On a 6,081 sq ft lot, the inclusion of a pool and spa leaves minimal remaining green space or yard area for other outdoor activities or pets.
While the interior is aesthetically updated, the 1995 construction year suggests that major structural components or systems like the roof and HVAC may be approaching the end of their typical lifespans.
Beautifully updated 4-bedroom, 2-bath single-story home on a premium corner lot in the highly desirable Foothills! This 1,953 sq ft home combines modern updates with low-maintenance living. Recent improvements include brand new luxury vinyl plank flooring, fresh interior paint, updated bathroom fixtures, stainless steel appliances, and crisp white cabinetry complemented by thick slab granite countertops and a spacious island with breakfast bar. The open-concept layout flows seamlessly to the backyard through two oversized sliding doors, creating ideal indoor-outdoor living. Step outside to your private retreat featuring a low-maintenance fiberglass heated pool and spa with electric heater for year-round enjoyment, plus a brand new variable-speed pump for energy efficiency and reduced operating costs. The spacious primary suite offers double-door entry, soaking tub, separate shower, and generous walk-in closet. Three additional bedrooms provide flexibility for guests, office space, or growing needs. North/south exposure, corner lot positioning, and a covered patio enhance comfort and livability. Located near top-rated schools, hiking trails, golf, dining, and shopping, this move-in ready home delivers both lifestyle and value in one of Ahwatukee's most sought-after communities.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,953 | 2,162 | 39% |
| Lot Size | 6,081 | 6,970 | 34% |
| Price | $587.0K | $446.0K | 69% |
| Price per sq ft | $301 | $218 | 77% |
| Built year | 1995 | 1992 | 75% |
| HOA | $210 | $200 | 69% |
| Days on market | 62 | 1686 | 0% |
Apr 15, 2026
$587,000
$589,000
+0% Price Increase
Initial Listing
Apr 8, 2026
$589,000
$594,000
-1% Price Drop
Initial Listing
Feb 19, 2026
$594,000
Initial Listing