1515 N SAGUARO Drive, Tempe, AZ 85288, Tempe, 85288 - 4 bed, 3 bath
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Tempe, AZ 85288
This Fully Renovated Dual-Living Residence is a Prime Investment Opportunity listed at $625,000—positioned well below the $649,660 Fair Market Value by 3%. This valuation gap offers $24,660 in Instant Equity. Featuring a Condition Rating of 2, the home includes a Permitted Guest Casita and $100,000 in infrastructure upgrades like new plumbing and electrical. The turnkey interior and professional landscaping provide immediate lifestyle benefits and rental potential. This is an ideal match for Owner-Occupants or House-Hackers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1515 N SAGUARO Drive Subject | $625,000* List Price | 4 | 3 | 2,014 | $323 | - |
A 1707 N BRIDALWREATH Street Sold | $535,000 | 4 | 2 | 1,645 | $325 | 0.5 mi |
B 1920 N CAVALIER Drive Sold | $670,000 | 3 | 3 | 1,780 | $376 | 0.3 mi |
C 123 E CONTINENTAL Drive Sold | $450,000 | 3 | 2 | 1,344 | $335 | 0.9 mi |
D 220 E MCKINLEY Street Active Under Contract | $599,900 List Price | 4 | 2 | 1,700 | $353 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive, permitted 'ground-up' renovation that exceeds a typical cosmetic flip. It features brand-new essential systems including plumbing to the sewer, a 200-amp electrical panel, and AC ductwork. The interior is fully modernized with high-end finishes, including a designer kitchen with waterfall-edge countertops, luxury wide-plank flooring, and updated bathrooms. The addition of a fully permitted, newly renovated guest casita and professional landscaping further solidifies its status as a top-tier, move-in-ready home 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 = 8629, living area = 2014.
The property features a fully permitted guest casita with its own kitchen, laundry, and private entrance, providing significant value for rental income or multi-generational living.
Unlike a typical cosmetic flip, this home includes over $100,000 in essential upgrades such as new plumbing to the city sewer, a 200-amp electrical panel, and new AC ductwork.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2014, other record living area = 1242. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Despite the extensive renovations, the 1960 original construction date may present long-term maintenance considerations typical of older homes in the Cavalier Hills area.
The total 2,014 square footage includes the casita, which may make the main residence feel smaller than expected for buyers seeking a large, single-structure family home.
Fully permitted guest casita highlights this completely remodeled, move-in-ready property where over $100,000 was invested into a full, permitted renovation from the ground up. This is not a cosmetic flip -- this home offers true peace of mind with brand-new plumbing all the way to the city sewer, a new 200-amp electrical panel, and new AC ductwork throughout. The main residence features a modern, open layout with brand-new flooring, cabinets, doors, hardware, blinds, light fixtures, and beautifully designed bathrooms. Enjoy double vanities in both the primary suite and hallway bath, complemented by sleek tile, new mirrors, and high-end finishes throughout. The kitchen comes fully equipped with stainless steel appliances, making it truly move-in ready. A standout feature of this property is the fully permitted guest casita, included in the total 2,014 sq ft. The casita offers its own private entrance, full kitchen, washer and dryer, and full bathroom--perfect for multigenerational living, rental income, or a private guest retreat. Step outside to a professionally upgraded backyard featuring brand-new turf, pavers, and a pergola, creating the ideal space for entertaining or relaxing. Over 50 tons of rock have been added for clean, low-maintenance landscaping, along with a new rear fence for added privacy. The roof is only a couple years old, and the A/C is in excellent condition. Located in a desirable area with convenient access to shopping, dining, and major freeways, this home combines quality craftsmanship, functionality, and prime location. Fully upgraded, fully permitted, and completely turnkey--this is one you don't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,014 | 1,400 | 94% |
| Lot Size | 8,629 | 6,787 | 76% |
| Price | $625.0K | $420.0K | 76% |
| Price per sq ft | $310 | $310 | 50% |
| Built year | 1960 | 1961 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 1985 | 6% |
Apr 4, 2026
$625,000
Initial Listing