
Phoenix, AZ 85022
This Spacious Hillside Estate is a High-Potential Investment Opportunity, listed at $1,080,000—positioned well below the $1,269,284 Fair Market Value by 14%. This valuation gap provides $189,284 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the residence features panoramic mountain views, a dedicated theater room, and travertine flooring across 4,263 sqft. With scheduled exterior maintenance and new appliances, this property offers immediate value on a massive 0.48-acre lot. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14829 N 18TH Place Subject | $1,080,000* List Price | 6 | 3 | 4,263 | $298 | - |
A 1902 E VISTA Drive Sold | $799,900 List Price | 7 | 4 | 4,200 | 0.1 mi | |
B 1548 E ESTRID Avenue Sold | $800,000 | 4 | 3 | 3,940 | $203 | 0.5 mi |
C 1548 E ESTRID Avenue Sold | $800,000 | 4 | 3 | 3,940 | $203 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1997, this property is move-in ready and shows evidence of pride of ownership and proactive maintenance. The interior features high-quality travertine and wood flooring, soaring ceilings, and a dedicated theater room. While the kitchen cabinetry and some light fixtures reflect the original late-90s style, the kitchen has been updated with new stainless steel appliances. The listing also notes scheduled exterior painting and window reglazing, further supporting a 'good' condition rating despite the home's age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20850, living area = 4263.
Situated on an elevated lot bordering natural desert open space, the property offers protected, unobstructed mountain and city-light views with enhanced privacy from neighboring homes.
The expansive 4,263 sqft layout features luxury finishes like travertine floors, a dedicated theater room with tiered seating, and a versatile office with built-ins and a Murphy bed.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4263, other record living area = 4088. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
Constructed in 1997, the property is approaching a 30-year milestone where major mechanical systems and structural components may soon require significant updates or replacement.
Local school assignments include institutions with lower performance ratings, such as Greenway Middle School, which may be a concern for education-focused families and impact future resale.
Welcome! Situated on an elevated lot with natural desert open space that protects the panoramic mountain and city-light views while providing added privacy from neighboring home. Soaring ceilings, wood & travertine floors, and expansive windows frame the dramatic landscape. New appliances adorn the kitchen. Enjoy theater room with projector and tiered seating plus a versatile office with Murphy bed and built-ins. The primary suite offers a private balcony and sweeping valley views. Outdoor living includes a covered patio, firepit, and refreshed desert landscaping with new drip system. With exterior paint & window reglazing scheduled, and trail access just steps away, this home offers exceptional value and lifestyle in one of North Phoenix's most scenic hillside communities.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades K-6 • 1.1 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 4,263 | 1,800 | 98% |
| Lot Size | 20,850 | 7,929 | 96% |
| Price | $1.08M | $422.5K | 97% |
| Price per sq ft | $253 | $268 | 45% |
| Built year | 1997 | 1985 | 79% |
| HOA | $650 | $13 | 98% |
| Days on market | 51 | 1051 | 0% |
Mar 6, 2026
$1,080,000
Initial Listing