15750 E JERICHO Drive, Fountain Hills, AZ 85268, Fountain Hills, 85268 - 4 bed, 3 bath
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Fountain Hills, AZ 85268
This Spacious Mountain-View Residence is a High-Potential Investment Opportunity, with a List Price of $799,000—positioned well below the $901,251 Fair Market Value by 11%. This valuation gap provides $102,251 in Instant Equity for savvy buyers. While currently holding a Fair Condition Rating due to its original 1994 finishes, the home features scenic mountain views, a large 12,493 sqft lot, and a functional master suite. This property is an ideal acquisition for Owner-Occupants seeking a value-add sanctuary or Buy-and-Hold Investors targeting high-equity assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15750 E JERICHO Drive Subject | $749,000* List Price | 4 | 3 | 2,581 | $258 | - |
A 15808 E JERICHO Drive Sold | $550,000 | 3 | 2 | 2,387 | $230 | 0.0 mi |
B 13021 N RYAN Way Sold | $870,000 | 4 | 3 | 2,897 | $300 | 0.5 mi |
C 16001 E IRONWOOD Drive Sold | $900,000 | 4 | 3 | 3,463 | $260 | 0.4 mi |
D 15809 E ECHO HILL Drive Active | $955,000 List Price | 2 | 3 | 2,616 | $365 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, this property is approximately 30 years old and appears to be in mostly original condition. While the home is well-maintained and functional, the kitchen and bathrooms feature dated styles, including oak cabinetry, white appliances, and mauve-toned countertops and carpets. It fits the 'fair' criteria as a home that has been maintained through regular upkeep but shows significant signs of being outdated and would benefit from modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12493, living area = 2581.
The property features exceptional mountain views visible through the kitchen and great room windows, a highly desirable feature that adds significant value in Fountain Hills.
The master suite is thoughtfully designed with a walk-in closet that provides direct access to the laundry room, offering a high level of convenience for daily living.
Built in 1994, the home may require cosmetic updates or system upgrades to meet the aesthetic and efficiency standards of contemporary buyers.
The property is subject to a $400 one-time buyer fee required by the Fountain Hills NPOA, which represents an additional upfront cost at the time of purchase.
This home features 4 bedrooms or 3 bedrooms plus a den. Large living room with plenty of space. The kitchen is open to a great room with wood burning fireplace and eating area. Wonderful mountain views out the great room and kitchen windows. Powder room is right off the kitchen. Good size master suite, master bath features dual sinks, separate shower and tub, plus a walk-in closet. Laundry room is right off the master closet for convenience. Large covered patio great for entertaining. Wonderful location. Home is located within the jurisdiction of the Fountain Hills NPOA. There is a one time buyer fee of $400.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,581 | 2,377 | 61% |
| Lot Size | 12,493 | 10,942 | 56% |
| Price | $749.0K | $652.5K | 56% |
| Price per sq ft | $290 | $311 | 43% |
| Built year | 1994 | 1995 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 1910 | 1% |
Apr 18, 2026
$749,000
$799,000
-6% Price Drop
Initial Listing
Mar 13, 2026
$799,000
Initial Listing