
Phoenix, AZ 85042
This Modern Turnkey Residence is listed at $579,000, positioned well below the $586,368 Fair Market Value by 1%. This valuation offers $7,368 in Instant Equity for a property boasting an Excellent Condition Rating. The 2022-built Pearl model features a main-level bedroom, designer lighting, and a rare canal-front lot with stunning mountain views. Located in the sold-out Meridian Hills community, this home balances contemporary efficiency with premium lifestyle perks. It is the perfect fit for multigenerational families or Owner-Occupants seeking a sophisticated, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1317 E Fremont Road Subject | $524,800* List Price | 4 | 3 | 2,362 | $230 | - |
A 7206 S 12TH Way Active | $435,000 List Price | 4 | 3 | 1,776 | $245 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2022, making it nearly new and well within the 10-year threshold for an excellent rating. The interior features modern, high-quality finishes including wood-look tile flooring, upgraded recessed and pendant lighting, and a contemporary kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. The bathrooms are equally modern with premium tile work and glass enclosures. There is no evidence of deferred maintenance, and all major systems are virtually new.
Built in 2022 and thoughtfully enhanced by the original owner, this home offers contemporary finishes and the energy efficiency of nearly new construction in a sold-out community.
The Pearl floor plan features a rare main-level bedroom with an adjacent 3/4 bath, making it ideal for multigenerational living, guests, or a private home office.
The property boasts a meticulously designed Zen-inspired backyard oasis and a primary suite that offers stunning mountain views overlooking the canal.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3312, living area = 2362.
With a lot size of approximately 3,312 square feet for a 2,362 square foot residence, the outdoor space is relatively small, which may limit certain recreational activities.
Situated in a newer, high-density subdivision, the close proximity to neighboring homes may result in less privacy compared to established neighborhoods with larger parcels.
Enjoy low-maintenance outdoor living. This bright open concept features upgraded kitchen with granitre countertops. The large center island flows seemlessly into the dining and living areas, creating the perfect space for entertaining or everyday living. Upstairs, the expansive loft provides flexible space for many uses. The spacious Primary Suite offers a peaceful retreat with mountain views. Step into the upgraded shower, dual vanities, and generous closet space and private water closet. Ideally this upgraded home in Meridian Hills Richmond American community built in 2022 is located near SoMo hiking and biking trail, ASU downtown campus with the Walter Cronkite school of Journalism, Sky Harbor Airport with the South Central Light Rail Extension and future park and ride station nearby
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,362 | 1,870 | 78% |
| Lot Size | 3,312 | 7,198 | 1% |
| Price | $524.8K | $399.0K | 76% |
| Price per sq ft | $222 | $228 | 44% |
| Built year | 2022 | 2001 | 98% |
| HOA | $129 | $96 | 66% |
| Days on market | 71 | 1444 | 1% |
May 25, 2026
$524,800
$534,000
-2% Price Drop
Initial Listing
May 14, 2026
$534,000
$549,000
-3% Price Drop
Initial Listing
Apr 27, 2026
$549,000
$579,000
-5% Price Drop
Initial Listing
Apr 6, 2026
$579,000
Initial Listing