
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 | $3,175,000* List Price | 5 | 5 | 5,112 | $621 | - |
A 109 E HAYWARD Avenue Sold | $3,295,000 List Price | 4 | 5 | 4,528 | 0.2 mi | |
B 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.
This beautiful custom renovated and meticulously upgraded 5-bedroom home offers luxury living on a large ½ acre lot designed for both comfort and entertaining. Featuring top-of-the-line finishes throughout, the home seamlessly blends style and functionality with modern Lutron and Control 4 automation for enhanced convenience. In the heart of the home is a gourmet kitchen, complete with high-end appliances, premium finishes, and an expansive island--perfect for family meals, casual dining, and gathering with friends. The spacious and versatile floor plan includes both formal living and dining rooms, inviting family room, dedicated teen/kids flex space, and a charming breakfast nook--perfect for everyday living. The expansive primary suite is a true retreat, featuring a huge walk-in closet, a spa-inspired bath with separate soaking tub and steam shower, a private washer and dryer, and its own patio for a peaceful, private escape. Step outside to your private resort-style backyard, where kids and adults alike will enjoy sparkling pool and jacuzzi, bocce ball court, built-in outdoor grill, and a cozy firepit--ideal for relaxing and making memories together. Car and hobby enthusiasts alike will appreciate the large, oversized 4-car garage, offering ample storage and a dedicated workshop area. This exceptional property delivers the perfect combination of luxury, space, and family-friendly living--truly a must-see.
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 |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 5,112 | - |
| Lot Size | 24,082 | - |
| Price | $3.17M | $495.4K |
| Price per sq ft | $621 | $290 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 114 | 1260 |
Jun 6, 2026
$3,175,000
$3,300,000
-4% Price Drop
Initial Listing
Apr 25, 2026
$3,300,000
$3,375,000
-2% Price Drop
Initial Listing
Mar 30, 2026
$3,375,000
Initial Listing