14020 S Canyon Drive, Phoenix, AZ 85048, Phoenix, 85048 - 5 bed, 5 bath
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Phoenix, AZ 85048
This Exquisite Luxury Mountain Estate represents a premier lifestyle opportunity in the prestigious Canyon Estates community. Listed at $2,498,999, the property is priced accurately at its $2,498,999 Fair Market Value, reflecting the stability and high demand for premium assets in the Phoenix market. Boasting an Excellent Condition Rating following a comprehensive 2024 remodel, the home features luxury wood-plank tile, a resort-style pool, and a 1.25-acre private lot with panoramic mountain views. This move-in-ready sanctuary is a perfect match for Luxury Home Seekers or Owner-Occupants desiring modern elegance and total seclusion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14020 S Canyon Drive Subject | $1,990,000* List Price | 5 | 5 | 4,859 | $410 | - |
A 14201 S 20TH Street Pending | $2,250,000 List Price | 4 | 5 | 5,274 | $427 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive remodel in 2024, featuring a modern kitchen, fully updated bathrooms, and luxury wood-plank tile flooring. Since the renovation is less than 5 years old and the home is in mint, move-in ready condition with updated pool equipment and high-end finishes, it meets the 'Excellent' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 55116, living area = 4859.
The property underwent extensive high-end upgrades in 2024, including luxury wood-plank tile, fully remodeled bathrooms, and a modernized resort-style pool with new equipment, ensuring a turn-key luxury experience.
Situated on a rare 1.25-acre lot with no immediate neighbors and surrounded by serene mountain views, this estate offers a level of seclusion and tranquility that is highly coveted in the Phoenix market.
The expansive 1.25-acre lot and nearly 5,000 square feet of living space, combined with a large pool, will require significant ongoing maintenance and higher-than-average utility costs.
With a list price of approximately $2.5 million, the property is positioned at the top of the local market, which may limit the pool of qualified buyers and result in a longer duration on the market.
Recently appraised at $2.3M and now offered below $2.0M, this estate presents a compelling value proposition rarely found in today's luxury market! Welcome to the exquisite luxury of prestigious, privately gated Canyon Reserve, surrounded by serene mountain views and nestled on 1.25 private acres with no immediate neighbors. The thoughtfully designed split floor plan features the primary suite and office on one wing, with three ensuite bedrooms on the opposite side. Remodeled in 2024 with luxury wood-plank tile, fully renovated baths, stone accents, fireplaces, surround sound, and a resort-style pool with new pebble-tech, tile, and heater. Car enthusiast's garage: 3-car configuration currently outfitted with two lifts, allowing storage for up to 5 vehicles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 5.0 | 3.0 | 98% |
| Square foot | 4,859 | 2,219 | 99% |
| Lot Size | 55,116 | 7,014 | 99% |
| Price | $1.99M | $430.0K | 100% |
| Price per sq ft | $410 | $224 | 99% |
| Built year | 1999 | 1992 | 89% |
| HOA | $98 | $201 | 13% |
| Days on market | 193 | 1717 | 14% |
Jun 14, 2026
$1,990,000
$1,999,000
+0% Price Increase
Initial Listing
Jun 3, 2026
$1,999,000
$2,300,000
-13% Price Drop
Initial Listing
May 16, 2026
$2,300,000
$2,498,999
-8% Price Drop
Initial Listing
Dec 5, 2025
$2,498,999
Initial Listing