150 E WAGON WHEEL Drive, Phoenix, AZ 85020, Phoenix, 85020 - 5 bed, 5 bath
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Phoenix, AZ 85020
This Custom Renovated Luxury Estate represents a Prime Investment Opportunity with a List Price of $3,375,000—positioned well below the $3,510,997 Fair Market Value by 3%. This valuation delivers $135,997 in Instant Equity for a home in Pristine Condition. Featuring Lutron automation, a gourmet kitchen, and a resort-style backyard with a pool and spa, the property offers an unparalleled lifestyle. Located near top-rated Madison Schools, it balances high-tech luxury with financial upside. This is an elite match for luxury-seeking families or discerning owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 150 E WAGON WHEEL Drive Subject | $3,300,000* List Price | 5 | 5 | 5,112 | $685 | - |
A 109 E HAYWARD Avenue Sold | $3,295,000 List Price | 4 | 5 | 4,528 | 0.2 mi | |
B 141 E KALER Drive Sold | $3,725,250 | 5 | 5 | 5,232 | $712 | 0.0 mi |
C 131 E WAGON WHEEL Drive Sold | $2,750,000 List Price | 4 | 5 | 4,269 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1959, the property has undergone an extensive and meticulous luxury renovation within the last 5 years. The interior features high-end gourmet kitchen appliances, premium cabinetry, modern wide-plank flooring, and designer light fixtures. The integration of Lutron and Control 4 automation, along with a fully updated spa-inspired primary bathroom and resort-style backyard, places this home in the highest quality category with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24082, living area = 5112.
The home features high-end custom finishes throughout, integrated with modern Lutron and Control 4 automation for a seamless, high-tech living experience.
Situated on a sprawling half-acre lot, the outdoor space includes a pool, jacuzzi, bocce ball court, and built-in grill, making it an entertainer's dream.
While the elementary and middle schools are highly rated, the assigned high school has a significantly lower rating, which may be a concern for education-focused buyers.
Originally built in 1959, the property may still possess some legacy infrastructure elements despite the extensive modern renovations and upgrades.
Don't miss this rare opportunity to own a 5,100 sq. ft. rambling ranch on a spacious .55-acre lot in the heart of North Central Phoenix. This meticulously renovated 5-bedroom home offers luxury living with top-of-the-line finishes and modern Lutron and Control 4 automation throughout. The heart of the home features a gourmet kitchen with high-end appliances, premium finishes, and an expansive island. The versatile floor plan includes a formal living room, a dining room and family room with a passthrough fireplace, a dedicated teen/kids flex space, and a charming breakfast nook. Skip the spa, the primary suite serves as a private retreat, complete with a large walk-in closet, soaking tub, steam shower, art-glass vanity, private laundry, and a personal patio overlooking a rose garden, fruit trees and private garden. The resort-style backyard is designed for entertaining, featuring a pool and jacuzzi, bocce ball court, built-in grill, fireplace, and fire pit. Additionally, the driveway is striped for pickleball, and the side yard is ready for volleyball or badminton. For hobbyists, the oversized 4-car garage includes ample storage and a dedicated workshop area. This exceptional property combines luxury, space, and family-friendly living. It is a must-see to truly appreciate all the upgrades.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 1.0 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 5,112 | 1,952 | 99% |
| Lot Size | 24,082 | 8,306 | 96% |
| Price | $3.30M | $446.0K | 98% |
| Price per sq ft | $646 | $283 | 95% |
| Built year | 1959 | 1967 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 1413 | 0% |
Apr 25, 2026
$3,300,000
$3,375,000
-2% Price Drop
Initial Listing
Mar 30, 2026
$3,375,000
Initial Listing