121 E Pershing Avenue, Phoenix, AZ 85022, Phoenix, 85022 - 3 bed, 2 bath
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Phoenix, AZ 85022
This Spacious Moon Valley Residence is a High-Potential Investment Opportunity, listed at $699,000—positioned well below the $723,762 Fair Market Value by 3%. This valuation gap provides $24,762 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the home features a Sparkling Pool, Mountain Views, and a 10,000+ Sq Ft Lot with No HOA. Zoned for Top-Rated Schools like Thunderbird High and Lookout Mountain, it perfectly balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 E Pershing Avenue Subject | $699,000* List Price | 3 | 2 | 2,168 | $334 | - |
A 245 E DAHLIA Drive Sold | $700,000 | 3 | 2 | 2,342 | $299 | 0.2 mi |
B 501 E CALAVAR Road Sold | $490,000 List Price | 3 | 2 | 2,003 | 0.5 mi | |
C 501 E CALAVAR Road Sold | $605,000 | 3 | 2 | 2,003 | $302 | 0.5 mi |
D 14211 N 10TH Street Sold | $560,000 | 3 | 2 | 1,586 | $353 | 0.9 mi |
E 14211 N 10TH Street Sold | $560,000 | 3 | 2 | 1,590 | $352 | 0.9 mi |
F 14242 N 9TH Street Sold | $679,900 | 3 | 3 | 2,110 | $322 | 0.9 mi |
G 142 E VOLTAIRE Avenue Active | $710,000 List Price | 3 | 2 | 2,061 | $344 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears well-maintained with significant cosmetic updates. It features modern large-format tile flooring, neutral interior paint, and updated light fixtures and ceiling fans. While the 1979 build date is reflected in some original elements like the bathroom wall tile and arched windows, the overall presentation, clean pool, and updated surfaces suggest the home has been well-kept and partially renovated within the last 15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10428, living area = 2168.
Situated in the highly sought-after Moon Valley neighborhood, this home offers immediate access to North Mountain Park's hiking trails and features stunning mountain views.
The generous 10,000+ sq ft lot includes a private sparkling pool and expansive patio space, providing a perfect retreat for outdoor entertaining and the Arizona lifestyle.
Built in 1979, the property may require capital improvements or modern cosmetic updates to compete with newer or fully renovated homes in the area.
At over 2,100 square feet, the three-bedroom layout may be perceived as a limitation for larger families who typically expect a fourth bedroom in this size range.
Welcome to this beautiful home in the highly sought-after Moon Valley neighborhood of Phoenix. Offering over 2,000 square feet of comfortable living space, this well-designed home features 3 spacious bedrooms and 2 bathrooms with a functional layout that provides both privacy and open living areas. Situated on a generous 10,000 sq ft lot, the property offers plenty of room to relax, entertain, and enjoy the Arizona lifestyle. The backyard is a true retreat with a sparkling pool perfect for cooling off during warm desert days, along with ample patio space for outdoor dining or gatherings. Enjoy breathtaking mountain views right from your property and easy access to nearby hiking and outdoor recreation, including the popular trails at North Mountain Park! Come check it out today!
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 1.5 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 | 2,168 | 1,800 | 70% |
| Lot Size | 10,428 | 7,929 | 76% |
| Price | $699.0K | $422.5K | 85% |
| Price per sq ft | $322 | $268 | 76% |
| Built year | 1979 | 1985 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 1051 | 0% |
Mar 10, 2026
$699,000
Initial Listing