
Phoenix, AZ 85022
This Spacious Luxury Residence represents a Strong Value Opportunity, listed at $950,000—positioned well below the $1,016,662 Fair Market Value by 6%. This valuation gap offers $66,662 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic modernization of its 1995-era finishes. With a resort-style pool, panoramic mountain views, and a dedicated movie theatre, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a high-potential estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1302 E Captain Dreyfus Avenue Subject | $950,000* List Price | 5 | 4 | 4,321 | $235 | - |
A 13210 N 13TH Street Active | $959,000 List Price | 4 | 3 | 3,652 | $263 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1995, making it 31 years old. While the home is well-maintained and functional, the interior finishes—specifically the light oak cabinetry, tile flooring, and fixtures—are dated and original to the construction era. Per the criteria, properties over 20 years old with dated features fall into the Fair category, as they require cosmetic updates to meet modern standards.
The property is ideally situated in the sought-after Moonridge Estates, offering breathtaking views of the Phoenix Mountain Preserve and Lookout Mountain Golf Course.
Designed for a high-end lifestyle, the home features a dedicated movie theatre room, a bonus shop room, and a resort-style backyard with a pool, stone waterfall, and outdoor kitchen.
With over 4,300 square feet of living space, soaring ceilings, and a three-car garage, this home provides significant square footage and luxury features at a competitive price point with a very low HOA fee.
The local middle and high schools are rated 4/10 and 5/10 respectively, which may be a drawback for families prioritizing top-tier educational performance.
Built in 1995, the interior features like arched openings and specific cabinetry styles may require modernization to appeal to buyers seeking a contemporary aesthetic.
Beautiful 5 bed, 3.5 bath luxury 4,321 sq ft home with bonus shop room, 3-car garage, overlooking the Phoenix Mountain Preserve and Lookout Mountain Golf Course. Low HOA! Fun movie theatre room! The interior features soaring ceilings, arched openings, plantation shutters, and a spacious layout designed for everday comfort and entertaining. The kitchen offers ample cabinetry and an open connection to the main living areas. The primary suite provides a relaxing retreat with a two-way fireplace, private bath with dual sinks, jetted tub, walk-in closet, and balcony access. Enjoy AZ outdoor living in the backyard with a covered patio, built-in outdoor kitchen, sparkling pool with stone waterfall, flagstone hardscape, and mature palms. Great opportunity in sought-after Moonridge Estates!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,321 | - |
| Lot Size | 11,328 | - |
| Price | $950.0K | $495.4K |
| Price per sq ft | $220 | $290 |
| Built year | 1995 | 0 |
| HOA | $78 | $0 |
| Days on market | 26 | 1260 |
Jun 26, 2026
$950,000
Initial Listing
Mar 29, 2002
$452,000
Public Record