
Phoenix, AZ 85022
This High-Potential Investment Opportunity is listed at $950,000, positioned well below the $996,427 Fair Market Value by 4%. This valuation gap provides $46,427 in Instant Equity. With a Fair Condition Rating, the property offers significant upside for cosmetic modernization of the kitchen and baths. Featuring a resort-style pool, movie theater, and mountain views, this home is an ideal project for Value-Add Investors or Owner-Occupants seeking to build wealth through strategic renovations in a prime Phoenix location.
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 | $231 | - |
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.
Built in 1995, the property is approximately 30 years old. While the exterior and pool area appear well-maintained, the interior finishes—specifically the cabinetry and tile work in the bathrooms—are dated and reflect styles from 20+ years ago. The primary bathroom is currently missing mirrors, and the overall aesthetic requires modernization to meet current market standards, aligning with the 'Fair' criteria for homes over 20 years old needing updates.
The property boasts an exceptional location overlooking the Phoenix Mountain Preserve and Lookout Mountain Golf Course, offering premium views and privacy.
The outdoor space is fully equipped for Arizona living with a sparkling pool featuring a stone waterfall, a built-in outdoor kitchen, and professional flagstone hardscaping.
With 4,321 sq ft of living space, the home includes high-value features such as a dedicated movie theater, a bonus shop room, and a three-car garage.
The assigned middle and high schools have lower ratings (4/10 and 5/10), which may be a concern for families prioritizing high-performing educational districts.
Built in 1995, the interior may require cosmetic updates to the kitchen and bathrooms to meet the contemporary aesthetic standards of today's luxury buyers.
Rare opportunity in sought-after Moonridge Estates! 4,321 sq ft 5 bed 3.5 bath with bonus shop room, movie theater, 3-car garage, overlooking the Phoenix Mountain Preserve and Lookout Mountain Golf Course. Low HOA! The interior features soaring ceilings, arched openings, plantation shutters, and a spacious layout designed for everyday 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 Arizona outdoor living in the backyard with a covered patio, built-in outdoor kitchen, sparkling pool with stone waterfall, flagstone hardscape, and mature palms. Priced to sell fast!
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 | 19 | 1260 |
Jun 26, 2026
$950,000
Initial Listing
Mar 29, 2002
$452,000
Public Record