1637 W TIERRA BUENA Lane, Phoenix, AZ 85023, Phoenix, 85023 - 4 bed, 2 bath
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Phoenix, AZ 85023
This Newly Constructed Custom Conversion is a Strong Value Opportunity, listed at $389,991—positioned well below the $428,329 Fair Market Value by 8%. This valuation gap provides $38,338 in Instant Equity. Boasting an Excellent Condition Rating, the 2024 build features a modern stainless kitchen, upgraded finishes, and a large corner lot with No HOA restrictions. Located near the 8/10 rated Thunderbird High School, the property offers both lifestyle luxury and financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey, high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1637 W TIERRA BUENA Lane Subject | $389,991* List Price | 4 | 2 | 2,026 | $192 | - |
A 14657 N 17TH Avenue Sold | $399,000 List Price | 4 | 2 | 1,982 | 0.6 mi | |
B 1427 W ANDERSON Drive Sold | $480,000 | 4 | 3 | 2,483 | $193 | 0.9 mi |
C 731 W AIRE LIBRE Avenue Sold | $385,000 List Price | 4 | 3 | 2,706 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 2024 newly constructed custom conversion features all-new modern finishes, including a contemporary kitchen with stainless steel appliances, updated bathrooms with marble-look countertops, and new flooring and lighting throughout, meeting the highest quality standards with no deferred maintenance.
Listed at $389,991 despite a recent appraisal of $460,000, this property offers immediate equity and significant value for buyers in the Phoenix market.
Built in 2024, this custom conversion features high-end upgrades including a brand-new kitchen with stainless appliances, modern cabinetry, and a spacious primary suite with a private sitting area.
The property sits on a generous corner lot with no HOA restrictions, providing ample parking, a large backyard with a sliding gate, and the freedom to customize the space without association fees.
Located in 'Turf Mobile Estates,' the neighborhood's association with mobile homes may impact the long-term appreciation and perceived prestige compared to traditional stick-built subdivisions.
As a 'custom conversion,' the unique nature of the construction may require specialized financing and could limit the pool of future buyers who prefer standard residential architecture.
This newly constructed custom conversion is bursting at the seams w/ upgrades. Fully permitted and recently Appraised at 460K!! Enter through the large covered patio at front, you'll find an elegant living area w/foyer like feel to the right. An upgraded kitchen, brand new cabinets & a matching stainless appliance set. To the left a large dining area for all your gatherings w/bedroom behind or nice office space/storage your choice. Down the hall an entire isle of storage like it should be. Inside W/D, a flex space, bedroom and garage. Nice full bath on the way to 2 more bedrooms. Upgraded main suite + awesome sitting area walks out to large backyard, covered patio +sliding gate. Parking galore, corner lot, NO HOA Too many upgrades to list! ALSO OFFERED FOR RENT-$2,450/M
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,026 | - |
| Lot Size | 7,907 | - |
| Price | $390.0K | $495.4K |
| Price per sq ft | $192 | $290 |
| Built year | 2024 | 0 |
| HOA | $0 | $0 |
| Days on market | 141 | 1260 |
Mar 4, 2026
$389,991
Initial Listing