
Phoenix, AZ 85022
This High-Potential Investment Opportunity is listed at $895,000, positioned well below the $902,071 Fair Market Value by 0.78%. This valuation gap offers $7,071 in Instant Equity. Featuring a 3-bedroom, 3-bath layout with a sparkling pool and unobstructed mountain views, the home maintains a Condition Rating of 3. While the property offers immediate livability, its oversized 15,032 sqft lot provides significant upside for modernization. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a premier Phoenix Mountain Preserve enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1221 E CLAIRE Drive Subject | $875,000* List Price | 3 | 3 | 2,623 | $334 | - |
A 341 E Deepdale Road Sold | $725,000 | 4 | 3 | 2,418 | $300 | 0.8 mi |
B 14242 N 9TH Street Sold | $679,900 | 3 | 3 | 2,110 | $322 | 0.4 mi |
C 612 E BROOK HOLLOW Drive Sold | $690,000 | 3 | 3 | 2,212 | $312 | 0.6 mi |
D 1247 E FRIESS Drive Sold | $860,000 | 3 | 2 | 2,196 | $392 | 0.6 mi |
E 15834 N 6TH Place Sold | $905,000 | 4 | 2 | 2,640 | $343 | 1.0 mi |
F 1318 E ACOMA Drive Sold | $725,000 | 3 | 2 | 2,578 | $281 | 0.2 mi |
G 1932 E BECK Lane Sold | $1,074,432 | 4 | 3 | 3,083 | $349 | 0.9 mi |
H 1620 E KATHLEEN Road Sold | $810,000 | 4 | 2 | 2,383 | $340 | 0.9 mi |
I 15629 N 10TH Place Active | $979,900 List Price | 3 | 3 | 3,028 | $324 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1986, the property has undergone significant renovations likely within the last 10-15 years. The kitchen features updated cabinetry, granite countertops, and a modern tile backsplash. The interior shows well-maintained tile flooring, recessed lighting, and updated fixtures, making it functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15032, living area = 2623.
Situated on an oversized lot within the Phoenix Mountain Preserve, the property offers rare, unobstructed mountain views and immediate access to premier hiking trails in a highly desirable enclave.
Priced at $895,000 in a neighborhood where surrounding homes routinely command over $1M, this property presents a substantial 'value-add' opportunity for buyers looking to build equity through modern updates.
Built in 1986 and marketed as an opportunity to 'enhance over time,' the home likely requires capital investment for cosmetic or mechanical upgrades to compete with fully renovated neighboring estates.
The property is served by schools with varying performance scores, including a middle school rated 2/10, which may be a consideration for education-focused families.
Welcome to this exceptional opportunity in the heart of the Phoenix Mountain Preserve, where surrounding homes routinely command $1M+. Perfectly positioned on an oversized lot with unobstructed preserve views, this residence offers a rare chance to own in a premier mountain setting with the ability to enjoy today while enhancing over time. This 3-bedroom, 3-bath home includes a main floor office that can easily function as a 4th bedroom, offering flexible space for guests or work-from-home needs. The backyard features a sparkling pool and ample room to create your ideal outdoor retreat. Ideally located near hiking trails, dining, shopping and freeway access, this is a rare opportunity in a highly desirable preserve enclave with strong upside potential.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades K-6 • 1.5 mi
Grades 7-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,623 | - |
| Lot Size | 15,032 | - |
| Price | $875.0K | $495.4K |
| Price per sq ft | $334 | $290 |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 63 | 1260 |
Jul 21, 2026
$875,000
$885,000
-1% Price Drop
Initial Listing
Jun 11, 2026
$885,000
$895,000
-1% Price Drop
Initial Listing
May 20, 2026
$895,000
Initial Listing