
Fountain Hills, AZ 85268
This property presents a High-Potential Investment Opportunity with a List Price of $529,000—positioned well above the $489,202 Fair Market Value by 8%. While the property requires significant capital expenditure due to its Fair Condition Rating, the 10,171 sq. ft. premium view lot and split floor plan provide a solid foundation for value-add renovations. The inclusion of a private pool and mountain views enhances the long-term appeal of this asset. This project is best suited for Fix-and-Flip Investors or Contractors seeking a customization-heavy project in a desirable neighborhood.
Property is extensive renovation needed.
Built in 1979 (45 years old), the property falls into the 30-50 year bracket for poor condition. While the interior is clean and features some newer flooring, the listing explicitly identifies it as an 'original gem' needing updates. The kitchen, bathrooms, and major systems are dated and require significant rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10171, living area = 1484.
The property is situated on a desirable lot on Mustang Drive, offering stunning mountain views and a private pool, which provides significant aesthetic and recreational value.
Featuring a split-bedroom layout and a primary suite with a flexible bonus room, the home offers functional spaces for a home office, gym, or nursery.
As one of the area's original homes from 1979, the interior requires comprehensive updating to meet modern aesthetic and functional standards.
At 1,484 square feet, the home's interior living space is relatively compact compared to newer developments or larger neighboring properties in Fountain Hills.
One of Fountain Hills' original gems! Situated on a premium view lot on desirable Mustang Drive, this well-loved 3-bed 2-bath home offers an exceptional opportunity to update & make it your own. Surrounded by beautifully remodeled homes, the location alone makes this property a standout value. The split floor plan provides privacy, while the spacious primary suite includes a versatile bonus room perfect for a sitting area, home office, craft room, or exercise space. The primary bath features a new walk-in tub. Enjoy both a sunny breakfast nook and formal dining area. The inviting great room w/cozy corner fireplace overlooks the sparkling pool & mountain views beyond. A 2-car garage and solid bones complete this home, offering endless possibilities for customization in a great neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,484 | - |
| Lot Size | 10,171 | - |
| Price | $529.0K | $909.7K |
| Price per sq ft | $356 | $371 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 2691 |
Jul 18, 2026
$529,000
Initial Listing