106 E EL CAMINO Drive, Phoenix, AZ 85020, Phoenix, 85020 - 5 bed, 4 bath
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Phoenix, AZ 85020
This Renovated Central Phoenix Residence is a High-Potential Investment Opportunity, listed at $830,000—positioned well below the $960,597 Fair Market Value by 13%. This valuation gap provides $130,597 in Instant Equity. Boasting an Excellent Condition Rating, the home features a 300 sq ft detached guest house, all-new infrastructure, and Spectacular Piestewa Peak views. Located near the Biltmore and the top-rated Sunnyslope High School, it offers lifestyle luxury and rental versatility. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 106 E EL CAMINO Drive Subject | $799,999* List Price | 5 | 4 | 1,860 | $404 | - |
A 407 E EL CAMINITO Drive Sold | $625,000 List Price | 3 | 2 | 1,851 | 0.2 mi | |
B 1002 E BUTLER Drive Sold | $565,000 | 4 | 2 | 1,596 | $354 | 0.7 mi |
C 1028 E MANZANITA Drive Sold | $710,000 | 3 | 2 | 1,730 | $410 | 0.8 mi |
D 1028 E MANZANITA Drive Sold | $710,000 | 3 | 2 | 1,663 | $427 | 0.8 mi |
E 838 E BELMONT Avenue Sold | $618,000 | 3 | 2 | 1,918 | $322 | 0.9 mi |
F 802 E HARMONT Drive Sold | $789,000 List Price | 4 | 3 | 2,532 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive and modern renovation within the last 5 years, effectively transforming the 1956 structure into a contemporary home. The renovation includes all-new plumbing and electrical systems, a high-end kitchen with waterfall quartz countertops and stainless steel appliances, updated bathrooms with modern tile and black fixtures, and new flooring throughout. The exterior has also been fully modernized with new stucco, stone accents, and artificial turf, meeting the criteria for excellent condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 1860.
The property has undergone a comprehensive renovation including all-new plumbing and electrical systems, offering the reliability of a modern home within a mature 1950s structure.
A 300 sq ft detached guest house provides excellent versatility for multi-generational living, a private home office, or potential rental income, adding significant functional value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1860, other record living area = 2419.
Fitting 5 bedrooms and 4 bathrooms into 1,860 total square feet suggests that individual room sizes and common living areas may feel constrained or undersized.
Despite the recent price reduction, the high cost per square foot for a home of this vintage and lot size may present appraisal challenges or limit the pool of competitive buyers.
Price reduced! Come and see what a beautiful renovation with a mature home in downtown Phoenix, Central Corridor. Better pictures to come next week. All new plumbing and electrical done. Enjoy about 300 sq ft of a detached guest house. Main home has 4 bedroom; two master suites. In a split layout; electric fireplace in living room and Primary master room. Spectacular Piestewa Peak views. Minutes away from Biltmore, Arcadia, upscale dining and shopping.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 5-8 • 1.7 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 1,860 | 1,918 | 47% |
| Lot Size | 7,700 | 8,306 | 41% |
| Price | $800.0K | $446.0K | 77% |
| Price per sq ft | $430 | $283 | 87% |
| Built year | 1956 | 1967 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 1413 | 0% |
Apr 8, 2026
$799,999
$830,000
-4% Price Drop
Initial Listing
Mar 4, 2026
$830,000
Initial Listing