119 W KEIM Drive, Phoenix, AZ 85013, Phoenix, 85013 - 4 bed, 4 bath
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Phoenix, AZ 85013
This Contemporary North Central Estate is a High-Potential Investment Opportunity with a List Price of $1,950,000—positioned well below the $2,334,850 Fair Market Value by 16%. This significant valuation gap offers $384,850 in Instant Equity. Boasting a Remarkable Condition Rating, the residence features a 2,000-bottle wine cellar, vaulted wood-beamed ceilings, and a resort-style pool and spa. Located within the prestigious Madison School District, this property balances architectural significance with immediate financial upside. This is an elite acquisition for Owner-Occupants or Luxury Portfolio Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 119 W KEIM Drive Subject | $1,950,000* List Price | 4 | 4 | 4,283 | $545 | - |
A 416 W MCLELLAN Boulevard Sold | $1,490,000 | 4 | 4 | 3,320 | $449 | 0.5 mi |
B 17 W SIERRA VISTA Drive Sold | $2,050,000 | 4 | 4 | 4,450 | $461 | 0.4 mi |
C 17 W Sierra Vista Drive Sold | $2,050,000 | 4 | 4 | 4,670 | $439 | 0.4 mi |
D 17 W SIERRA VISTA Drive Sold | $2,050,000 | 4 | 4 | 4,670 | $439 | 0.4 mi |
E 560 W MONTEBELLO Avenue Sold | $1,525,000 | 4 | 4 | 3,600 | $424 | 0.5 mi |
F 325 W PALO VERDE Drive Sold | $2,295,000 List Price | 4 | 4 | 4,459 | 0.3 mi | |
G 6001 N 2ND Avenue Active | $1,899,999 List Price | 5 | 5 | 4,171 | $456 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in remarkable condition and is move-in ready, showing meticulous long-term maintenance. While the primary design aesthetic dates back to a 1978 renovation, the home features high-end architectural details like vaulted wood-beamed ceilings and redwood paneling that remain in excellent shape. The kitchen has been updated with stone countertops and premium integrated appliances, and the outdoor resort-style amenities are well-preserved. It avoids a 'fair' rating due to the lack of deferred maintenance and the high quality of the vintage materials.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18247, living area = 4283.
Situated in the highly coveted Palmer Estates of North Central Phoenix, this property occupies a sprawling 18,247-square-foot interior corner lot with mature, lush landscaping.
This contemporary masterpiece features high-end finishes including Aspen and redwood paneled walls, Saltillo tile, and a rare 2,000-bottle cedar-finished wine cellar.
While meticulously maintained by long-term owners, the 1978 renovation style and specific materials like Saltillo tile may feel dated to buyers seeking a modern 2020s aesthetic.
The extensive use of 'walls of glass' and older block construction, while architecturally significant, may result in higher cooling costs during extreme Phoenix summer temperatures.
In a world of quick flips and fast renovations, this is what long-term ownership looks like. For 50+ years, one family cared for this North Central Phoenix home tucked into the highly coveted Palmer Estates subdivision. Built in 1957 and reimagined in 1978, modern design meets North Central charm at this one-of-a kind contemporary masterpiece. Thoughtfully designed with clean lines, open living spaces, and seamless indoor/outdoor flow, this home is built for both everyday comfort and elevated entertaining. Solid block construction sits on a beautiful 18,247 sf interior corner lot with lush yard and mature landscaping. Aspen & redwood paneled walls add warmth; Saltillo tile floors anchor the main living spaces. Walls of glass fill the home with natural light and frame front/backyard views. The heart of the home features expansive living and dining areas filled with natural light and a sleek modern aesthetic--perfect for gatherings or quiet nights in. The kitchen anchors the main level with generous prep space and easy connection to the main living areas, ideal for hosting. The stunning primary retreat showcases wood-beamed vaulted ceiling, gas fireplace and doors leading to the backyard. Downstairs discover a cedar-finished 2,000 bottle wine cellar. Step out back to your own resort-style oasis featuring a heated diving pool & spa, fire pit, built-in natural gas BBQ, and a large covered patio with dramatic cantilevered ceilings. Just minutes to the Murphy Bridle Path, Uptown Farmer's Market, Phoenix Mountain Preserve, Brophy, Xavier, Madison Simis and Meadows, downtown Phoenix and much more. This is a rare treasure that will not last, so don't hesitate or it will be gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 4.0 | 2.0 | 82% |
| Square foot | 4,283 | 1,785.5 | 92% |
| Lot Size | 18,247 | 8,276 | 85% |
| Price | $1.95M | $512.0K | 95% |
| Price per sq ft | $455 | $323 | 83% |
| Built year | 1957 | 1953 | 80% |
| HOA | $350 | $0 | 95% |
| Days on market | 58 | 1166 | 1% |
Feb 27, 2026
$1,950,000
Initial Listing