
Phoenix, AZ 85085
This Stunning Custom Residence is a High-Potential Investment Opportunity, listed at $1,295,000—positioned above the $1,211,101 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, boasting significant upgrades including new AC units, tankless water heating, and fresh flooring. The expansive 1-acre lot bordering the Sonoran Natural Preserve offers rare flexibility for a guest house or RV garage. With proximity to top-rated schools like Desert Mountain Middle, this is an ideal acquisition for Luxury Homeowners or lifestyle-focused buyers seeking resort-style living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14 W SUMMERSET Drive Subject | $1,295,000* List Price | 4 | 3 | 3,253 | $372 | - |
A 33219 N 7th Place Sold | $1,075,000 | 4 | 3 | 3,279 | $328 | 0.8 mi |
B 33219 N 7TH Place Sold | $1,075,000 | 4 | 3 | 3,279 | $328 | 0.8 mi |
C 33219 N 7TH Place Sold | $1,075,000 | 4 | 3 | 3,279 | $328 | 0.8 mi |
D 33219 N 7TH Place Sold | $1,075,000 | 4 | 3 | 3,359 | $320 | 0.8 mi |
E 36 E ZENITH Lane Sold | $1,500,000 List Price | 6 | 5 | 4,032 | 0.2 mi | |
F 311 W OLESEN Road Active | $1,475,000 List Price | 4 | 3 | 3,103 | $475 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (20 years old), the property is in well-maintained, move-in ready condition. It features significant recent system upgrades including two new AC units and a tankless water heater, along with cosmetic updates like new wood flooring and fresh paint. While the kitchen cabinetry and tile reflect the original 2004 style, the overall maintenance and mechanical updates prevent it from falling into the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43566, living area = 3253.
Situated on a dead-end street directly bordering the Sonoran Natural Preserve, the property offers immediate access to over 30 miles of hiking trails and breathtaking mountain views.
The home features high-value capital improvements including two new AC units, new wood flooring, fresh paint, and a tankless water heater, ensuring modern efficiency and reduced immediate maintenance.
While the middle school is highly rated, the assigned high school has a lower rating of 5, which may be a drawback for families prioritizing top-tier secondary education.
Built in 2004, the home's core architectural style may feel slightly dated compared to the ultra-modern luxury builds often found in this price bracket.
Cave Creek Water! Freshly Painted. Stunning custom, Updates incl new wood flooring, 2 new AC units, plumbing fixtures and more+++ Tankless Water Heater, City Water! Oversized/over height 4-car garage. Street dead ends into magnificent Sonoran Natural Preserve with over 30 miles of hiking trails! Have Fun and take it all in! Close to lakes, TSMC, shopping, dining, Cave Creek, Scottsdale, hiking, biking & horseback riding into the sunset! Extra land comes with home to suit your needs. Maybe Pickleball Court, RV Garage, Guest House etc.! Meticulously maintained resort living at its finest.
No exterior & parking available.
Grades PK-8 • 1.1 mi
Grades 9-12 • 5.5 mi
Grades 9-12 • 8.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,253 | - |
| Lot Size | 43,566 | - |
| Price | $1.29M | $495.4K |
| Price per sq ft | $398 | $290 |
| Built year | 2004 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 1260 |
Jul 16, 2026
$1,295,000
Initial Listing