16315 E TERRACE Lane, Fountain Hills, AZ 85268, Fountain Hills, 85268 - 3 bed, 3 bath
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Fountain Hills, AZ 85268
This Single-Level Luxury Condominium in the gated Balera at Firerock community is listed at $709,000, representing a stable valuation aligned with its $698,249 Fair Market Value. Boasting a Good Condition Rating, the residence features scenic mountain and golf course views, newer luxury vinyl plank flooring, and a granite-clad kitchen with custom cabinetry. With access to a heated pool and proximity to Fountain Hills High School, this turnkey home offers a premium desert lifestyle. It is an ideal sanctuary for seasonal lock-and-leave owners or full-time residents seeking accessibility and scenic tranquility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16315 E TERRACE Lane Subject | $709,000* List Price | 3 | 3 | 1,977 | $353 | - |
A 15957 E RIDGESTONE Drive Sold | $718,995 List Price | 2 | 3 | 1,734 | 0.4 mi | |
B 16207 E RIDGELINE Drive Pending | $739,900 List Price | 3 | 3 | 2,173 | $340 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the 10-20 year age profile (built 2005). It features several modern updates including newer luxury vinyl plank flooring and a tankless water heater. The kitchen is in high-quality condition with granite countertops and custom cabinetry, and while some fixtures and the carpet reflect the original build period, the overall lack of deferred maintenance and the functional state of major systems justify a 'good' rating.
The property features highly desirable mountain and golf course views from the covered patio, providing a premium backdrop that enhances the overall value and appeal.
This sought-after single-story floor plan offers maximum accessibility and convenience, making it an ideal choice for both full-time residents and seasonal lock-and-leave owners.
The interior boasts high-quality finishes including newer luxury vinyl plank flooring, granite countertops, and a tankless water heater, ensuring a move-in-ready experience.
The monthly association fee of $385 represents a significant ongoing carrying cost that may impact the budget of some potential buyers.
With a lot size of just over 1,000 square feet, the property offers very little private outdoor space or yard compared to detached single-family homes in the area.
Enjoy the mountain and golf course VIEWS from the covered patio in this Balera GATED community within the Firerock subdivision in Fountain Hills. This highly sought after SINGLE LEVEL condo offers 2 ensuite bedrooms,den & half bath; plus an attached two car garage with cabinets & newer TANKLESS water htr.Low maintenance NEWER luxury vinyl plank flooring in kitchen, great room & all traffic areas; carpets in bedrms The open-concept KITCHEN features granite counter-tops,custom cabinetry & breakfast bar in the island, which flows effortlessly into the spacious GREAT ROOM w/ a GAS fireplace. Residents have access to a heated pool, spa & fitness center. BALERA is just minutes from shopping, dining, hiking/walking paths, and the world famous fountain. Click MORE to see more comments. Lots of extra built in cabinetry in kitchen. This CONDO is ideal for full-time living or a seasonal lock-n-leave lifestyle. Car charger in garage does not convey.
No exterior & parking available.
Grades PK-3 • 2.9 mi
Grades 4-5 • 3.5 mi
Grades 6-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 74% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 1,977 | 1,190 | 87% |
| Lot Size | 1,032 | 240 | 69% |
| Price | $709.0K | $0 | 87% |
| Price per sq ft | $359 | $0 | 87% |
| Built year | 2005 | 1994 | 87% |
| HOA | $385 | $260 | 87% |
| Days on market | 77 | 2234 | 3% |
Feb 5, 2026
$709,000
Initial Listing