
Phoenix, AZ 85086
Analysis of 1302 E MADDOCK Road, Phoenix, AZ 85086 is currently available with a list price of $1,200,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property, built in 1986, is in well-maintained but original condition. The kitchen features dated oak cabinetry, tile countertops, and fluorescent light boxes, while the bathrooms retain 1980s-era blue square tiling and fixtures. While the home is functional and includes a brand-new well system (2025), the interior finishes and styles are nearly 40 years old and require modernization to meet current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 2702.
The property is a turnkey horse estate featuring a professional-grade training track, multiple covered stalls, and dedicated turnouts, offering rare functionality for equestrian enthusiasts.
A separate ranch-style apartment with its own carport and laundry provides versatile options for rental income, multi-generational living, or on-site staff housing.
Built in 1986, the home’s extensive oak cabinetry and original layout may require a substantial capital investment to modernize and align with contemporary luxury standards.
The expansive five-acre lot and specialized equestrian infrastructure require significant ongoing labor and expense to maintain the grounds, track, and animal facilities.
Rare opportunity to own a fully set up horse property with income potential! This unique estate features a spacious main home plus a separate ranch-style apartment--perfect for rental income, multi-generational living, or on-site help. The equestrian setup is exceptional, with three fully covered indoor stalls attached to the apartment, additional covered stalls in the center track area (buyer to verify count), and a horse track circling the stalls and home--ideal for training and daily exercise. Two separate turnouts on the east and west sides and a natural dry wash along the east boundary add both function and beauty. The main home offers incredible space and storage throughout, including extensive solid oak cabinetry, built-ins, and generously sized rooms. Enjoy three shaded patio including a large covered patio with sweeping views of the property and horse facilities. The kitchen is perfectly positioned with a window overlooking the entire setup and features a walk-in pantry, adjacent full bath, and nearby storage room. A large breakfast nook and separate family room with patio access make this home ideal for everyday living and entertaining, along with a formal dining and living area at the entry. The oversized primary suite features a massive walk-in closet, dual vanities, separate tub and shower, private patio access, and views of the east turnout and wash. The attached apartment includes a 2.5-car carport, tack room, and outdoor laundry--designed for efficiency and convenience. Major upgrade: brand new well installed in 2025, along with two new pressure tanks and a newer holding tank--providing strong water infrastructure and long-term peace of mind. This is a rare chance to own a versatile horse property with built-in income potential and a layout designed for both lifestyle and functionality.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 2,702 | 2,199 | 69% |
| Lot Size | 217,800 | 7,800 | 100% |
| Price | $1.20M | $460.0K | 96% |
| Price per sq ft | $444 | $239 | 98% |
| Built year | 1986 | 2003 | 1% |
| HOA | $0 | $288 | 21% |
| Days on market | 27 | 1741 | 0% |
Mar 26, 2026
$1,200,000
Initial Listing