1506 E RED RANGE Way, Phoenix, AZ 85085, Phoenix, 85085 - 4 bed, 3 bath
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1506 E RED RANGE Way
Phoenix, AZ 85085
ACTIVE
CONDITION: GOOD
4Beds
3Baths
3,656Sq Ft
43,680Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$992,727
10% AboveMARKET VALUE
SUMMARY
This Custom Luxury Estate is listed at $1,300,000, representing a premium offering aligned with its $1,197,816 Fair Market Value. Boasting a Good Condition Rating, the residence features high-end travertine flooring, granite countertops, and knotty alder cabinetry throughout an open floor plan. The expansive 1-acre lot provides stunning mountain views and the freedom of no HOA, complemented by a rare air-conditioned 3-car garage and generator hookups for maximum utility. This property offers a sophisticated desert lifestyle, serving as an exceptional sanctuary for luxury-seeking families or Owner-Occupants.
Estimated Market Value
$992,727
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1506 E RED RANGE Way Subject | $1,100,000* List Price | 4 | 3 | 3,656 | $272 | - |
A 33207 N 12TH Street Sold | $1,085,000 | 4 | 4 | 3,743 | $290 | 0.3 mi |
B 1240 E Paint Your Wagon Trail Sold | $873,500 | 5 | 4 | 3,145 | $278 | 0.5 mi |
C 1314 E COYOTE WASH Drive Pending | $1,250,000 List Price | 4 | 3 | 3,299 | $379 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, the property is 19 years old, placing it firmly in the 'Good' category. The kitchen and bathrooms feature high-end finishes like travertine, granite, and knotty alder cabinetry that appear well-maintained and fully functional. The inclusion of an air-conditioned garage and generator hookups indicates that the home systems have been updated or maintained with care, making it move-in ready despite the slightly dated aesthetic.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43680, living area = 3656.
- Premium Custom Finishes
The interior boasts high-end craftsmanship including travertine flooring, granite countertops, and knotty alder doors, providing a sophisticated and durable aesthetic throughout the open floor plan.
- Exceptional Utility and Storage
The property features a massive 1-acre lot with RV gates and a rare air-conditioned 3-car garage, offering significant value for vehicle storage, workshops, or future expansion.
CONSRISKS & DEFICIENCIES
- Aging Major Systems
Built in 2007, the home is approaching the 20-year mark, which may necessitate upcoming capital expenditures for original components like the roof or HVAC systems.
- Absence of a Swimming Pool
Despite the luxury price point and expansive lot size, the lack of a swimming pool may be a drawback for buyers expecting a complete outdoor oasis in the Phoenix climate.
About 1506 E RED RANGE Way
This 3656sf home is offering the perfect blend of luxury finishes, thoughtful design, and everyday functionality. With 4 bedrooms and 3 bathrooms, the open floor plan is spacious and inviting, featuring beautiful travertine floors, granite countertops, and high-end cabinetry throughout. Knotty alder doors add warmth, while custom iron light fixtures bring a distinctive touch to the home's style. The primary suite is a true retreat and includes an office space --ideal for working from home or creating a quiet sitting area. Outside, enjoy the security of a block wall with RV gates, plus plenty of room to park, store, or expand. The air-conditioned 3-car garage adds year-round comfort and versatility, and the home is equipped with generator hookups for added peace of mind.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 43,680 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,656 | 1,820.548 |
| Lot Size | 43,680 | 7,305.343 |
| Price | $1.10M | $470.3K |
| Price per sq ft | $301 | $279 |
| Built year | 2007 | 1986 |
| HOA | $0 | $186 |
| Days on market | 138 | 67 |
Pricing History
Listed for Sale
Jul 29, 2026
$1,100,000
$1,150,000
-4% Price Drop
Initial Listing
Price Change
Jun 26, 2026
$1,150,000
$1,199,000
-4% Price Drop
Initial Listing
Price Change
May 21, 2026
$1,199,000
$1,300,000
-8% Price Drop
Initial Listing
Price Change
Apr 24, 2026
$1,300,000
Initial Listing