
Phoenix, AZ 85022
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well above the $524,911 Fair Market Value by 14%. While the property requires modernization due to its Fair Condition Rating, it offers a versatile floor plan with a dedicated office and stunning mountain views. Located within 3 miles of major transit arteries, this asset provides excellent commuter access. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to add value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1250 E CAPTAIN DREYFUS Avenue Subject | $600,000* List Price | 3 | 2 | 1,881 | $279 | - |
A 1314 E SHEENA Drive Sold | $538,500 | 3 | 2 | 1,759 | $306 | 0.5 mi |
B 1314 E SHEENA Drive Sold | $538,500 | 3 | 2 | 1,759 | $306 | 0.5 mi |
C 1314 E SHEENA Drive Sold | $538,500 | 3 | 2 | 1,759 | $306 | 0.5 mi |
D 1231 E EUGIE Avenue Sold | $519,900 | 3 | 2 | 1,531 | $340 | 0.3 mi |
E 1231 E EUGIE Avenue Sold | $519,900 | 3 | 2 | 1,531 | $340 | 0.3 mi |
F 14210 N 14TH Place Sold | $725,000 | 3 | 3 | 2,342 | $310 | 0.7 mi |
G 14218 N 14TH Place Pending | $535,000 List Price | 3 | 2 | 1,614 | $331 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this 29-year-old property falls into the 'Fair' category. While the exterior and landscaping appear well-maintained, the age suggests that the kitchen, bathrooms, and major systems (HVAC/Electric) are likely original or dated, requiring modernization and minor repairs to meet contemporary standards.
The property is exceptionally well-located within 3 miles of three major transit arteries—Hwy 51, I-17, and Hwy 101—offering unparalleled commuter access across the Phoenix valley.
The inclusion of a dedicated office with double doors provides significant versatility, easily serving as a functional fourth bedroom to accommodate growing families or remote work needs.
Residents can enjoy stunning mountain views from a low-maintenance backyard retreat, providing a high-quality outdoor experience without the burden of extensive landscaping upkeep.
The assigned middle and high schools currently hold lower to average ratings (4 and 5), which may be a drawback for education-focused buyers compared to neighboring districts.
With a lot size of approximately 5,219 square feet, the outdoor space is relatively compact for the price point, potentially limiting options for large-scale amenities like a private pool.
Discover this beautiful 3-bedroom, 2-bathroom home in the desirable Cresleigh At The Ponte subdivision. Highlights include a versatile office space with double doors (could be used as a 4th bedroom) and a kitchen featuring an inland that overlooks the family room with a gas fireplace. The backyard provides a law-maintenance retreat paired with stunning mountain views. Easy to get to everywhere - only 3 miles to Hwy 51, I-17 or Hwy 101.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,881 | - |
| Lot Size | 5,219 | - |
| Price | $600.0K | $495.4K |
| Price per sq ft | $319 | $290 |
| Built year | 1997 | 0 |
| HOA | $78 | $0 |
| Days on market | 73 | 1260 |
May 10, 2026
$600,000
Initial Listing