12050 N PANORAMA Drive 107, Fountain Hills, AZ 85268, Fountain Hills, 85268 - 2 bed, 2 bath
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Fountain Hills, AZ 85268
This Ground-Level Modern Condominium is a High-Potential Investment Opportunity, listed at $324,900—positioned well below the $402,668 Fair Market Value by 19%. This significant valuation gap delivers $77,768 in Instant Equity. The property maintains a Move-In Ready Condition Rating, featuring brand-new kitchen appliances, wood flooring, and a private patio with seamless pool access. Located near the iconic Fountain Park and served by Fountain Hills High School, it perfectly balances lifestyle amenities with strong financial upside. This is an ideal 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 |
|---|---|---|---|---|---|---|
★ 12050 N PANORAMA Drive 107 Subject | $324,900* List Price | 2 | 2 | 1,204 | $334 | - |
A 12012 N SAGUARO Boulevard 5 Sold | $330,000 List Price | 2 | 2 | 1,200 | 0.3 mi | |
B 12050 N Panorama Drive 209 Active | $298,500 List Price | 2 | 2 | 1,204 | $248 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is move-in ready and well-maintained. It features brand-new kitchen appliances and updated wood-style flooring in the bedrooms. While the cabinetry and bathroom finishes appear to be original to the construction date, they show minimal wear and tear, and the overall condition meets the standards for a well-kept home within the 10-20 year age bracket.
This ground-floor unit offers seamless entry with no steps, providing excellent accessibility and convenient proximity to the community pool and the attached one-car garage.
The home features brand-new kitchen appliances and superior organizational space, including a generous walk-in pantry and a dedicated laundry room, ensuring a move-in-ready experience.
Situated near the iconic Fountain Park, the property provides residents with easy access to outdoor recreation, local dining, and shopping in a highly sought-after, peaceful neighborhood.
The monthly HOA fee of $440 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some prospective buyers.
Despite the new appliances, the 2005 construction suggests that major systems and bathroom finishes may be approaching the end of their typical lifecycle, potentially requiring future capital improvements.
Charming, Light-Filled Condo Near Fountain Park-Move-In Ready! Welcome home to this beautifully maintained, open-concept condominium offering comfort, convenience, and style all in one. This spacious 2-bedroom, 2-bath home is perfectly situated on the ground floor-no steps required-and just steps away from the community pool for easy relaxation. Natural light pours into the expansive living space, highlighting the wood flooring & tile throughout. The thoughtfull layout includes a walk-in laundry room, a generous walk-in pantry, and an abundance of cabinets & storage space to keep everything organized. The kitchen has all brand-new appliances, making it both functional and modern-perfect for everyday living or entertaining. Both bedrooms are well-sized, and the primary suite offers comfort & privacy with its own bath. Located close to Fountain Park, this home offers the ideal blend of peaceful surroundings and convenient access to outdoor recreation, dining, & shopping. Additional features include a one-car garage and easy, ground-level access. Don't miss this rare opportunity to own a bright, spacious, and move-in-ready condo in a prime location!
No exterior & parking available.
Grades PK-3 • 1.8 mi
Grades 4-5 • 2.1 mi
Grades 6-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,204 | 1,190 | 56% |
| Lot Size | 1,211 | 240 | 77% |
| Price | $324.9K | $0 | 77% |
| Price per sq ft | $270 | $0 | 69% |
| Built year | 2005 | 1994 | 87% |
| HOA | $440 | $260 | 95% |
| Days on market | 46 | 2234 | 3% |
Mar 8, 2026
$324,900
Initial Listing