
Glendale, AZ 85304
This Versatile Multi-Generational Property is a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $576,744 Fair Market Value by 13%. This valuation gap secures $77,744 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features a renovated kitchen, 8-foot deep pool, and a 339 sq. ft. detached casita perfect for rental income. Located near 7-rated schools like Ironwood High with no HOA and extensive RV parking, it balances lifestyle luxury with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11218 N 52ND Lane Subject | $499,000* List Price | 6 | 3 | 2,541 | $227 | - |
A 5401 W RIVIERA Drive Sold | $440,000 | 4 | 2 | 1,824 | $241 | 0.4 mi |
B 5319 W ASTER Drive Sold | $400,000 | 4 | 2 | 1,776 | $225 | 0.9 mi |
C 5433 W BECKER Lane W Sold | $435,000 | 4 | 2 | 1,812 | $240 | 0.5 mi |
D 12415 N 49TH Drive Sold | $350,000 List Price | 4 | 2 | 1,798 | 0.8 mi | |
E 5115 W MERCER Lane Active | $498,500 List Price | 4 | 2 | 2,447 | $204 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant updates. The kitchen was fully renovated in 2016 (8 years ago) and flooring updated in 2022, fitting the 5-15 year renovation window for a 'Good' rating. Major systems are functional and within mid-life ranges: roof (2011), HVAC (2012), and a newer water heater (2022). Updated bathrooms and dual-pane windows further support this rating.
The property includes a 339 sq. ft. detached casita with a separate entrance, kitchenette, and full bath, providing a turnkey opportunity for rental income or a private guest suite.
With no HOA restrictions and three RV gates featuring concrete pads, the property offers rare and ample storage for multiple vehicles, boats, and trailers.
The home boasts significant upgrades including a 2016 kitchen remodel, 2022 LVP flooring, and a resort-style backyard with an 8-foot deep pool and outdoor fireplace.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2541, other record living area = 2202.
The roof (2011) and one of the HVAC units (2012) are approaching the end of their typical functional lifespans, which may require near-future capital expenditure.
Fitting six bedrooms and a casita into approximately 2,541 square feet on an 8,181 sq. ft. lot may result in smaller individual room sizes and limited remaining yard space.
**THIS IS IT** [Neighborhood Gem] Are you looking for more value, more amazing features for your next property? Well, look no further. This has it all! Lets start here, NO HOA, extra large driveway for parking 5 vehicles including 2 car garage, 3 RV gates 2 of which have long concrete pads to park more cars, mobile homes, boat trailers, and side by sides. Have you considered an investment property where renting rooms out could add additional monthly income? Check out the 339 sq. ft. casita that offers a separate side gate entrance that has parking, 2 beds w/ full bath & kitchenette. Enjoy your Arizona sunsets, resort style living with an 8 ft. deep swimming pool, fireplace by the sitting area to relax all year long with gorgeous poolside views. Beautifully well manicured front and backyard for great curb appeal with automatic water timers. Roof age 2011, 2 HVACs 1 of which is 2012, water heater 2 years old, water softener 7 years old, 2 storage sheds outback to utilize as well. These are just some of the outside features! Now, lets talk about the interior. As you step into this gorgeous home you can't help but notice every attention to detail. The southwest decor with neutral colors that flow wherever you go. Newer LVP flooring in 2022, beehive wood burning fireplace. WOW!! How bout this stunning kitchen that was totally updated in 2016 with granite countertops, soft close drawers, 2 lazy-susans, pull out slides, 38 1/2 in & 20 in cognac colored elegant cabinets all around with a double bowl sink design with gooseneck faucet. Beautifully lit up with canned and pendant lighting. Don't forget the walk-in pantry for amazing storage and take a moment to admire the wet bar while you envision making your coffee and enjoying your cold drinks throughout the day. 3 well appointed areas to gather around in. The living room right when you walk into the home, great room next to the dining table right off the kitchen and an Arizona room that boasts natural sunlight into the home. The guest and primary bathrooms have been updated with newer vanities, toilets, mirrors, lighting, the works. 50 amp and 30 amp breaker for welding and keeping your RV charged up. Newer dual pane windows, lovely interior and exterior painting. This home is a "must see" on your property your tour. This one wont last long. Spring into action before its gone!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades K-8 • 0.9 mi
Grades 6-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.5 | 96% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,541 | 1,774 | 84% |
| Lot Size | 8,181 | 8,020.5 | 58% |
| Price | $499.0K | $293.0K | 96% |
| Price per sq ft | $196 | $174 | 56% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 2422 | 2% |
Apr 23, 2026
$499,000
Initial Listing