
Fountain Hills, AZ 85268
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,049,900—positioned well below the $1,128,164 Fair Market Value by 6%. This valuation gap offers $78,264 in Instant Equity for the buyer. The property is in Good Condition, featuring panoramic mountain views, a large second-floor balcony, and no HOA restrictions. Its flexible layout and proximity to local schools make it an ideal acquisition for Owner-Occupants seeking long-term value or Buy-and-Hold Investors looking for a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15505 E PALISADES Boulevard Subject | $949,900* List Price | 5 | 4 | 2,872 | $344 | - |
A 15620 E THISTLE Drive Sold | $725,000 | 4 | 4 | 2,263 | $320 | 0.4 mi |
B 16104 E ANDREW Drive Sold | $1,175,000 | 4 | 4 | 3,100 | $379 | 0.8 mi |
C 15814 E CHOLLA Drive Sold | $1,170,000 | 3 | 3 | 2,725 | $429 | 0.7 mi |
D 16001 E IRONWOOD Drive Sold | $900,000 | 4 | 3 | 3,463 | $260 | 0.8 mi |
E 16001 E IRONWOOD Drive Sold | $900,000 | 4 | 3 | 3,463 | $260 | 0.8 mi |
F 15634 E SUNDOWN Drive Sold | $802,500 | 3 | 2 | 2,089 | $384 | 0.9 mi |
G 15122 E PALOMINO Boulevard Sold | $838,000 | 3 | 2 | 2,306 | $363 | 1.0 mi |
H 13533 N MANZANITA Lane Pending | $1,050,000 List Price | 3 | 3 | 2,928 | $359 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1998 (>20 years), it is exceptionally well-maintained and features recent updates that align with the 'Good' criteria. The kitchen and bathrooms have been refreshed with modern paint and updated countertops, and the property includes a new hot water heater and recently serviced HVAC. The interior shows move-in ready condition with updated flooring and functional systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12598, living area = 2872.
The property is situated on an elevated lot that captures exceptional desert and mountain views from multiple vantage points, including a large second-floor balcony.
Rare for the area, this home has no HOA restrictions and features a circular driveway plus dedicated RV parking, offering significant flexibility for vehicle storage.
Built in 1998, the interior finishes and tile flooring may require cosmetic updates to meet the contemporary luxury standards expected at this price point.
A two-car garage may be considered undersized for a five-bedroom residence, potentially limiting covered parking for larger households.
Set on an elevated 12,598-square-foot lot, this 5-bedroom, 3.5-bath residence captures panoramic desert and mountain views from multiple vantage points. The home offers almost 3,000 sqft of open living space in a quiet Fountain Hills location with no HOA. Inside, vaulted ceilings and expansive sliding glass doors bring in natural light and frame the surrounding scenery. Tile flooring runs throughout the home, while the open layout creates easy flow between the main living spaces. The living room features a fireplace, ceiling fans, and in-floor outlets for flexible furniture placement and functionality. The kitchen has a bay window overlooking the landscape, which brings in natural light and a potential for another dining or seating area. Bedrooms are large, providing flexibility for guests, workspaces, or multigenerational living. Skylights in the bathrooms add brightness, and ceiling fans are installed in every room. Outside, the circular driveway and dedicated RV parking have ample space for vehicles and guests, while the attached 2-car garage includes an epoxy-coated floor. A large covered second-floor balcony takes full advantage of the elevated setting and surrounding views. The yard includes mature fruit trees, flowering bushes, cacti, succulents, and automatic sprinkler systems for easier maintenance. Recent updates include a new hot water heater and HVAC servicing. Located on a limited-access road near Fountain Hills Middle School and Fountain Hills High School, the property is also close to grocery stores, local dining, Fountain Park, the community center, athletic facilities, the observatory, and the community garden. Come experience the views, space, and setting this Fountain Hills property has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,872 | - |
| Lot Size | 12,598 | - |
| Price | $949.9K | $909.7K |
| Price per sq ft | $331 | $371 |
| Built year | 1998 | 0 |
| HOA | $0 | $0 |
| Days on market | 70 | 2691 |
Jul 7, 2026
$949,900
$974,900
-3% Price Drop
Initial Listing
Jun 13, 2026
$974,900
$1,049,900
-7% Price Drop
Initial Listing
May 14, 2026
$1,049,900
Initial Listing