
Phoenix, AZ 85006
This Modernized Historic Estate is a Strong Value Opportunity, listed at $1,010,000—positioned well below the $1,068,823 Fair Market Value by 5%. This valuation gap offers $58,823 in Instant Equity. Boasting a Condition Rating of 3, the property features a renovated Bosch kitchen, a private pool, and a ~360 sq ft detached casita for guest or rental use. Located in the vibrant Coronado neighborhood, it successfully balances historic charm with modern utility. This is an ideal acquisition for Owner-Occupants or Multi-generational Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1268 E EDGEMONT Avenue Subject | $949,000* List Price | 4 | 3 | 2,758 | $350 | - |
A 2518 N 10th Street Sold | $805,500 | 3 | 2 | 2,076 | $388 | 0.5 mi |
B 2518 N 10TH Street Sold | $805,500 | 3 | 2 | 2,076 | $388 | 0.5 mi |
C 2517 N 8TH Street Sold | $700,000 | 3 | 2 | 2,007 | $349 | 0.6 mi |
D 2517 N 8th Street Sold | $700,000 | 3 | 2 | 2,007 | $349 | 0.6 mi |
E 2517 N 8TH Street Sold | $700,000 | 3 | 2 | 2,007 | $349 | 0.6 mi |
F 1261 E CAMBRIDGE Avenue Active | $975,000 List Price | 4 | 3 | 2,618 | $372 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1948, the property has undergone significant renovations, particularly in the kitchen which features high-end Bosch stainless steel appliances and a modern island layout likely updated within the last 10-15 years. The interior shows well-maintained finishes, recessed lighting, and updated flooring, making it move-in ready and functional.
The property features a ~360 sq ft detached guest house with a full bathroom and kitchenette, providing versatile space for multi-generational living, a home office, or potential rental income.
Rare for a 1948 build, the home offers a spacious primary suite and an expansive kitchen with a large island, successfully blending historic Coronado charm with modern functional requirements.
Situated on a generous 8,725 sq ft lot, the private backyard retreat includes a pool and mature landscaping, offering a high-end outdoor experience in the heart of Downtown Phoenix.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2758, other record living area = 2394.
The local public schools are rated 4 and 5 out of 10, which may be a concern for families prioritizing top-tier educational performance in their home search.
At a price point exceeding $1 million, the property offers a carport rather than a fully enclosed garage, which may be a drawback for buyers seeking maximum security and climate protection for vehicles.
Welcome to a rare gem in the heart of Coronado, one of Downtown Phoenix's most beloved historic neighborhoods. This beautifully maintained home blends timeless character with thoughtful updates, offering the perfect balance of charm and modern livability. Situated on a generous 8,725 sq ft lot along Coronado's iconic tree-lined streets, this 4 bedroom, 3 bathroom property includes a detached casita and a private backyard retreat complete with a pool, ideal for enjoying Arizona living year-round. Inside, you'll find a spacious layout featuring a large primary suite and an expansive kitchen with a sizable island, features rarely found in homes of this era. The home has been carefully updated to enhance comfort while preserving its original character. The detached ~360 sq ft casita offers incredible flexibility with a full bathroom, kitchenette, and closet--perfect for guests, a home office, creative studio, or multi-generational living. Additional highlights include a carport and a private backyard designed for both relaxation and entertaining. Located just minutes from Downtown Phoenix, you'll enjoy easy access to some of the city's best dining, coffee shops, art galleries, and entertainment. Don't miss this opportunity to own a truly special home in the vibrant Coronado neighborhood.
No exterior & parking available.
Grades PK-8 • 1.0 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,758 | - |
| Lot Size | 8,725 | - |
| Price | $949.0K | $495.4K |
| Price per sq ft | $344 | $290 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 83 | 1260 |
Jun 26, 2026
$949,000
$985,000
-4% Price Drop
Initial Listing
May 15, 2026
$985,000
$1,010,000
-2% Price Drop
Initial Listing
Apr 30, 2026
$1,010,000
Initial Listing