16307 E ARROW Drive 205, Fountain Hills, AZ 85268, Fountain Hills, 85268 - 2 bed, 2 bath
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Fountain Hills, AZ 85268
This Upgraded Second-Floor Condominium is a Strong Value Opportunity, listed at $355,000—positioned well below the $386,434 Fair Market Value by 8%. This valuation gap provides $31,434 in Instant Equity. Maintaining a Good Condition Rating, the home features quartz countertops, Samsung appliances, and scenic mountain views from the private deck. With a new roof installed in 2025 and proximity to Fountain Hills High School, it balances modern finishes with structural peace of mind. This is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or Buy-and-Hold Investors targeting a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16307 E ARROW Drive 205 Subject | $355,000* List Price | 2 | 2 | 1,180 | $327 | - |
A 13700 N FOUNTAIN HILLS Boulevard 239 Sold | $345,000 | 2 | 2 | 1,197 | $288 | 0.3 mi |
B 16525 E Avenue of the Fountains -- 112 Sold | $430,000 | 2 | 2 | 1,190 | $361 | 0.6 mi |
C 13606 N CAMBRIA Drive 101 Sold | $450,000 | 2 | 2 | 1,324 | $340 | 0.5 mi |
D 16357 E Arrow Drive 5-101 Sold | $320,000 | 2 | 2 | 969 | $330 | 0.1 mi |
E 12851 N MIMOSA Drive 101 Sold | $289,900 List Price | 2 | 3 | 1,140 | 0.7 mi | |
F 13600 N CAMBRIA Drive 102 Sold | $419,900 List Price | 2 | 2 | 1,435 | 0.6 mi | |
G 13700 N FOUNTAIN HILLS Boulevard 338 Active | $329,900 List Price | 2 | 2 | 1,228 | $269 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant recent updates including quartz countertops, stainless steel Samsung appliances, and a new roof installed by the HOA in 2025. While the building dates to 1998, the interior features modern wood-look tile flooring and professionally painted cabinetry. The presence of minor floor damage in the dining area and the age of the original structure align it with the 'good' category rather than 'excellent'.
The condo features significant recent improvements, including quartz countertops, professionally painted cabinetry, and high-end Samsung appliances with a built-in air fryer.
Peace of mind is provided by a brand-new roof installed in 2025 and scheduled garage roof resealing in 2026, ensuring the building's long-term structural integrity.
Ideally located near hiking trails and the famous fountain, the property includes a private one-car garage and access to a solar-heated community pool.
The dining room floor has documented water damage from a previous owner, which will require the buyer to perform repair work using the provided extra flooring.
As an upstairs unit, the property may be less appealing to buyers with mobility concerns or those who prefer the convenience of a ground-level entrance.
BEAUTIFUL UPSTAIRS CONDO with UPGRADES! This 2 bedroom, 2 bathroom home w/a 1 car garage offers comfort, style & a prime location. Kitchen & bath cabinets have been professionally painted, and paired with Samsung appliances, including an oven with a built-in air fryer. Enjoy quartz countertops, a stylish newer backsplash, InSinkErator garbage disposal, and an added breakfast bar. Additional improvements include newer windows and sliding glass door, ceiling fans, a custom front screen door and a newer garage door opener. You will appreciate the abundance of wood-look tile flooring (existing plant/water damage in dining room floor by previous owner; extra flooring conveys). HOA replaced the roof in 2025 for added peace of mind, and in 2026 HOA to reseal garage roof. See MORE... Relax in the solar-heated community pool and take advantage of the convenient location of this condo which is near shopping, hiking trails and the world-famous fountain.
No exterior & parking available.
Grades PK-3 • 0.6 mi
Grades 4-5 • 1.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,180 | 1,130 | 52% |
| Lot Size | 120 | 226 | 43% |
| Price | $355.0K | $0 | 81% |
| Price per sq ft | $301 | $0 | 71% |
| Built year | 1998 | 1991 | 64% |
| HOA | $350 | $258 | 83% |
| Days on market | 7 | 1864 | 2% |
Apr 15, 2026
$355,000
Initial Listing