15635 S 37TH Way, Phoenix, AZ 85048, Phoenix, 85048 - 3 bed, 2 bath
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Phoenix, AZ 85048
This Premium Waterfront Sanctuary is listed at $575,000, representing a stable residence reflecting its $542,305 Fair Market Value and extensive high-end upgrades. Boasting an exceptional Condition Rating of 2, the home features a complete 2024 roof replacement, a 2022 HVAC system, and a luxury primary bath redesign. The property offers a rare resort lifestyle with 180-degree unobstructed lakefront views, a private pebble-sheen pool, and proximity to the 9/10 rated Kyrene de los Lagos School. This move-in-ready home is the perfect fit for Owner-Occupants or growing families seeking a polished, lakeside lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15635 S 37TH Way Subject | $575,000* List Price | 3 | 2 | 1,434 | $378 | - |
A 16044 S 41ST Place Sold | $430,000 | 3 | 2 | 1,443 | $298 | 0.5 mi |
B 4301 E AMBERWOOD Drive Sold | $508,500 | 3 | 2 | 1,551 | $328 | 0.7 mi |
C 3229 E GLENHAVEN Drive Sold | $490,000 List Price | 3 | 2 | 1,452 | 0.9 mi | |
D 3711 E Long Lake Road Sold | $459,900 List Price | 3 | 2 | 1,434 | 0.1 mi | |
E 16229 S 33RD Street Sold | $516,000 | 3 | 2 | 1,699 | $304 | 0.7 mi |
F 3311 E HIDDENVIEW Drive Sold | $485,000 List Price | 3 | 2 | 1,439 | 0.6 mi | |
G 16618 S 32ND Place Active | $475,000 List Price | 3 | 2 | 1,452 | $327 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1991, the property has undergone extensive recent renovations within the last 1-3 years, including a complete roof replacement (2024), a new HVAC system (2022), and a luxury primary bath redesign (2022). The interior features new premium plank flooring, fresh paint, and an upgraded kitchen with modern cabinetry, stone countertops, and stainless steel appliances, making it a fully transformed, move-in-ready residence with no deferred maintenance.
Elementary School: Kyrene de los Lagos School (9/10).
The property boasts rare 180-degree unobstructed lakefront views and private boating/fishing privileges, offering a unique resort-style living experience in the heart of Ahwatukee.
Significant capital investments including a new roof (2024), HVAC system (2022), and a complete interior transformation ensure a move-in-ready experience with minimal near-term maintenance.
At 1,434 square feet for a three-bedroom home, the interior living spaces and secondary bedrooms may feel restrictive for families requiring more room or a dedicated home office.
The 5,310 square foot lot is primarily occupied by the pool and hardscaping, leaving very little traditional green space or yard area for pets and children.
PURSUE EXTRAORDINARY ARIZONA ISLAND WATERFRONT Living in Ahwatukee's Destination Lake community... LAKEWOOD. Soak in AZ Sunsets all year around with 180 degrees of unobstructed Southern Waterway Views & Swaying Resort Lined Palm Trees. This recently transformed Phoenix Magazine Model Residence delivers that AZ Lifestyle you've been searching for! Consider it all... Centralized Ahwatukee Proximity w/all the must-have attractions surrounding your doorstep including Multiple Freeway Systems, Renowned South Mountain Trail Systems, Multiple Tech/Business Corridors & Scenic Lake Master Plan with Boating/Fishing Privileges & Water Lined Walking/Biking Trails, The desired Great Room Floor Plan influences everyday functionality & features 3 beds, 2 baths, Open Vaulted Ceilings with Bright Natural Light throughout, Central Great Room/Kitchen with Fireplace & Lakefront Views from Multiple Home Spaces! Secluded Owner's Retreat modeling Vaulted Ceilings, SPA-STYLE Bath & Private Slider for Backyard access/views, MOVE-IN READY Interior showcasing NEW OWNER UPGRADES | FEATURES | FINISHES EVERYWHERE... including New Premium Interior Plank Flooring & Baseboards throughout, New Interior & Exterior Paint Schemes, Newer 2022 Primary Luxury Bath Design, Upgraded Kitchen Finishes, 2022 HVAC System & Complete ROOF Replacement 8/2024 (see upgrade list for all details), Step outside to Open Palm Line, Mountain/City & Waterfront SUNSET Views... YES ALL THREE!! Private Backyard Sanctuary showcases a sizeable pebble-sheen swimming pool, multiple decorative shade awnings, recently finished pool deck surround and reconstructed Lakeview VIEWING DECK! A truly remarkable AZ Lakewood Residence that offers A UNIQUE RESORT WATERFRONT LIFESTYLE ALL YEAR AROUND!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,434 | 2,162 | 7% |
| Lot Size | 5,310 | 6,970 | 20% |
| Price | $575.0K | $446.0K | 67% |
| Price per sq ft | $401 | $218 | 99% |
| Built year | 1991 | 1992 | 44% |
| HOA | $228 | $200 | 91% |
| Days on market | 49 | 1686 | 0% |
Mar 4, 2026
$575,000
Initial Listing