11844 S MAGIC STONE Drive, Phoenix, AZ 85044, Phoenix, 85044 - 3 bed, 2 bath
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Phoenix, AZ 85044
This Golf Course Value-Add Home presents a Prime Investment Opportunity with a List Price of $450,000—positioned well below the $744,054 Fair Market Value by 39%. This significant valuation gap offers $294,054 in Instant Equity for buyers. While the property holds a Fair Condition Rating due to its original 1973 finishes, it features premium golf course and mountain views on an expansive 8,311 sqft lot. Located in a desirable 55+ active adult community near Mountain Pointe High, this high-upside asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11844 S MAGIC STONE Drive Subject | $438,000* List Price | 3 | 2 | 2,030 | $216 | - |
A 5047 E MESQUITE WOOD Court Sold | $460,000 | 3 | 2 | 1,958 | $235 | 0.3 mi |
B 5047 E MESQUITE WOOD Court Sold | $460,000 | 3 | 2 | 1,958 | $235 | 0.3 mi |
C 11838 S WINNEBAGO Street Sold | $425,000 | 3 | 2 | 1,638 | $259 | 0.3 mi |
D 4442 E WALATOWA Street E Sold | $470,000 | 3 | 2 | 2,143 | $219 | 0.7 mi |
E 4820 E AHWATUKEE Drive Sold | $395,000 | 3 | 2 | 1,544 | $256 | 0.4 mi |
F 11831 S PAIUTE Street Sold | $497,950 | 2 | 2 | 2,161 | $230 | 0.2 mi |
G 11451 S MOHAVE Street Active | $454,990 List Price | 3 | 2 | 1,952 | $233 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and move-in ready, but it retains many dated aesthetic elements consistent with its 1973 build date. While there are visible updates such as laminate flooring, newer countertops, and a modified walk-in shower, the presence of popcorn ceilings, older oak cabinetry, fluorescent light boxes in the kitchen, and mirrored closet doors indicate the home has not undergone a full modern renovation. It fits the 'fair' category as an aged home maintained through regular upkeep with occasional, now-dated updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8311, living area = 2030.
The property is perfectly positioned on a premium lot featuring direct golf course frontage and mountain views, offering a serene and high-value outdoor environment.
Located in a desirable 55+ community within walking distance of the recreation center, the home provides easy access to a vibrant social life and specialized amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2030, other record living area = 2198.
Built in 1973, the home may require capital improvements or cosmetic updates to its original systems and finishes to meet modern efficiency and style standards.
The 55+ age requirement limits the potential buyer pool to a specific demographic, which can impact the speed of resale compared to non-restricted neighborhoods.
Experience prime golf course living in the highly sought-after Ahwatukee 55+ active adult community! Now offered at an improved price, this spacious single-family home presents an incredible opportunity to enjoy resort-style living with golf course and mountain views. Featuring 3 bedrooms, 2 bathrooms, and 2,030 sq ft, this home offers a roomy, functional layout designed for both comfortable everyday living and effortless entertaining. Pride of ownership shines throughout, while large mature trees provide comfortable shade. Enjoy peaceful mornings and picturesque evenings overlooking the lush fairways right from your backyard. Ideally located just a short walk to the community recreation center and conveniently close to the freeway, dining and shopping.
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.7 mi
Grades PK-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,030 | 1,786 | 68% |
| Lot Size | 8,311 | 7,349 | 73% |
| Price | $438.0K | $430.0K | 51% |
| Price per sq ft | $216 | $255 | 41% |
| Built year | 1973 | 1986 | 1% |
| HOA | $806 | $165 | 100% |
| Days on market | 22 | 1350 | 0% |
Apr 15, 2026
$438,000
$450,000
-3% Price Drop
Initial Listing
Mar 31, 2026
$450,000
Initial Listing