12118 S KI Road, Phoenix, AZ 85044, Phoenix, 85044 - 4 bed, 2 bath
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Phoenix, AZ 85044
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $499,000—positioned well below the $508,914 Fair Market Value by 2%. This valuation gap offers $9,914 in Instant Equity. Featuring a private pool, new turf, and mountain views, the home offers immediate lifestyle appeal despite a Fair Condition Rating. With its large lot and proximity to the I-10, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a high-demand Ahwatukee location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12118 S KI Road Subject | $499,000* List Price | 4 | 2 | 2,005 | $254 | - |
A 11844 S MAGIC STONE Drive Sold | $455,000 | 3 | 2 | 2,030 | $224 | 0.2 mi |
B 11817 S COCONINO Street Sold | $440,000 | 3 | 2 | 1,948 | $226 | 0.9 mi |
C 5106 E TONIKO Drive Sold | $578,000 | 4 | 2 | 2,020 | $286 | 0.1 mi |
D 5047 E MESQUITE WOOD Court Sold | $460,000 | 3 | 2 | 1,958 | $235 | 0.5 mi |
E 12128 S EAGLEMAN Drive Sold | $453,000 | 3 | 2 | 1,482 | $306 | 0.2 mi |
F 4323 E AHWATUKEE Drive Sold | $485,000 | 3 | 2 | 2,152 | $225 | 0.8 mi |
G 5024 E SHASTA Street Sold | $485,000 List Price | 3 | 2 | 1,641 | 0.3 mi | |
H 5047 E MESQUITE WOOD Court Sold | $460,000 | 3 | 2 | 1,958 | $235 | 0.5 mi |
I 11825 S PAIUTE Street Active | $389,900 List Price | 3 | 2 | 1,952 | $200 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property shows some recent cosmetic updates including new LVP flooring, fresh paint, and a partially renovated bathroom with modern tiling. However, the presence of popcorn ceilings throughout, older window frames, and the overall age of the structure (>45 years) without a comprehensive systems overhaul (HVAC/Electric not specified as new) places it in the fair category as it remains dated and requires further modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9531, living area = 2005.
As the only 4-bedroom residence currently listed under $500,000 in the 85044 zip code, this property offers a rare entry point into a high-demand market with limited inventory.
The backyard is optimized for Arizona living, featuring a private swimming pool, brand-new synthetic turf, and scenic mountain views, providing immediate lifestyle value without the need for additional landscaping.
Built in 1975, the home may require capital improvements or modernization of major systems and interior finishes to align with contemporary energy efficiency and design standards.
While located in a reputable district, the assigned middle and high schools currently carry mid-tier ratings (5/10), which may be a factor for families prioritizing top-rated educational performance.
If you've been waiting on a 4 bedroom under $500K in 85044, I'm glad you found this one, because there isn't another one on the market right now. This is it. Four bedrooms, two baths, and a backyard that already feels like home: brand new turf, no waiting on grass to fill in, plus a pool for the Ahwatukee summers that make you understand why everyone here has one. Mountain views right out back, and the I-10 close enough that your commute stops being a whole thing. Ahwatukee doesn't turn over often. When it does at this price, it doesn't sit!
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.5 mi
Grades PK-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,005 | - |
| Lot Size | 9,531 | - |
| Price | $499.0K | $495.4K |
| Price per sq ft | $249 | $290 |
| Built year | 1975 | 0 |
| HOA | $274 | $0 |
| Days on market | 2 | 1260 |
Jul 24, 2026
$499,000
Initial Listing