
Phoenix, AZ 85020
This Versatile Multi-Gen Property is a Strong Value Opportunity, listed at $698,000—positioned well below the $658,885 Fair Market Value by -5%. While the list price exceeds the current estimation, the property’s Good Condition Rating and unique Attached Guest Quarters provide significant utility. Featuring a Brand New HVAC, Private Hot Tub, and RV/Boat Parking, this home offers rare flexibility for rental income or extended family. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1448 E ROYAL PALM Road Subject | $698,000* List Price | 3 | 2 | 1,443 | $457 | - |
A 1028 E MANZANITA Drive Sold | $710,000 | 3 | 2 | 1,663 | $427 | 0.5 mi |
B 7232 N 13TH Street Sold | $575,000 List Price | 2 | 2 | 1,557 | 0.9 mi | |
C 1028 E MANZANITA Drive Sold | $710,000 | 3 | 2 | 1,730 | $410 | 0.5 mi |
D 8116 N 18TH Way Sold | $735,000 | 3 | 2 | 1,610 | $457 | 0.6 mi |
E 1002 E BUTLER Drive Sold | $565,000 | 4 | 2 | 1,596 | $354 | 0.7 mi |
F 1220 E LAS PALMARITAS Drive Active | $520,000 List Price | 3 | 2 | 1,422 | $366 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1960, the property is well-maintained and move-in ready. It features a brand new HVAC system, fresh interior paint, and updated low-maintenance landscaping (pavers and turf). The interior shows updated flooring and functional guest quarters, placing it in the 'Good' category due to recent system updates and overall maintenance.
The property features attached guest quarters with a private entrance, providing excellent flexibility for rental income, a home office, or multi-generational living.
The oversized corner lot includes two RV spaces with hookups and boat parking, offering rare storage capacity and the potential to build an additional casita.
Situated on a quiet cul-de-sac with stunning mountain views, the home offers immediate access to Dreamy Draw Park trails and Biltmore-area shopping.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1443, other record living area = 1223.
With only 1,443 total square feet, the interior living area is relatively small for the price point, which may challenge buyers seeking more indoor volume.
The configuration of a 2-bedroom main house and a 1-bedroom guest suite may not suit families looking for a traditional, contiguous three-bedroom layout.
Welcome to 1448 E Royal Palm Rd, a rare find in North Central Phoenix! This versatile property offers a 2-bedroom, 1-bath main house plus an attached guest quarters with its own private entrance, bedroom, and full bathroom - perfect for extended family, guests, or rental income. Enjoy the Arizona lifestyle with a hot tub, brand new A/C unit, low-maintenance pavers, and turf in both the front and backyard. Interior was just freshly painted as well. The oversized corner lot provides ample parking, including two RV spaces with hookups, boat parking, plus room to build an additional casita if desired. Set against beautiful mountain views, this home offers convenience and privacy in one. Located on a quiet cul-de-sac, you're just minutes from freeway access, hiking and biking trails, Dreamy Draw Park, Biltmore shopping, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,443 | - |
| Lot Size | 6,620 | - |
| Price | $698.0K | $495.4K |
| Price per sq ft | $484 | $290 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 1260 |
Jun 22, 2026
$698,000
Initial Listing