12050 N LAMONT Drive, Fountain Hills, AZ 85268, Fountain Hills, 85268 - 3 bed, 2 bath
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Fountain Hills, AZ 85268
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $800,000—positioned well below the $914,961 Fair Market Value by 12%. This valuation gap provides $114,961 in Instant Equity. Featuring a Mint Condition Rating, the home includes a modern pool, professional landscaping, and scenic mountain views. With no HOA fees and a generous 16,191-square-foot lot, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12050 N LAMONT Drive Subject | $800,000* List Price | 3 | 2 | 1,636 | $559 | - |
A 17235 E Sunscape Drive Sold | $910,000 | 2 | 3 | 1,891 | $481 | 0.7 mi |
B 17366 E VIA DEL ORO Street Sold | $950,000 | 4 | 2 | 2,063 | $460 | 0.7 mi |
C 17101 E MALTA Drive Active | $670,000 List Price | 3 | 2 | 1,784 | $376 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1987, the property has undergone a high-quality, comprehensive renovation likely within the last 5 years. The bathroom features modern dark wood cabinetry, updated stone-look tile, and a contemporary glass-enclosed shower. The living areas show pristine wide-plank flooring and neutral paint, while the exterior boasts a modern pool with updated tile and professional landscape lighting. The home is in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16191, living area = 1636.
The property features desirable mountain views, a signature attraction of Fountain Hills that adds significant aesthetic appeal and long-term resale value.
Situated on a generous 16,191-square-foot lot, the property provides ample outdoor space for privacy, desert landscaping, or potential backyard improvements.
Built in 1987, the home may require updates to its major systems or interior finishes to meet modern buyer expectations and current energy efficiency standards.
At a list price of $800,000 for 1,636 square feet, the cost per square foot is positioned at a premium, which may challenge appraisals or deter value-conscious buyers.
Enjoy views of the McDowell Mountains from the backyard and Four Peaks from the front of this updated, move-in-ready Fountain Hills home. Situated on a quiet residential street, the home is just a short walk to Fountain Park, downtown restaurants, shopping, and community events. This 3bd, 2ba single-level home features a split floor plan, vaulted ceilings, and an open living area connecting the kitchen, dining, and living spaces. Recent improvements include new flooring throughout, professionally refinished kitchen cabinetry, updated bathrooms, and new kitchen appliances including the refrigerator and dishwasher.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,636 | - |
| Lot Size | 16,191 | - |
| Price | $800.0K | $909.7K |
| Price per sq ft | $489 | $371 |
| Built year | 1987 | 0 |
| HOA | $0 | $0 |
| Days on market | 20 | 2691 |
Jul 3, 2026
$800,000
Initial Listing