
Fountain Hills, AZ 85268
This Spacious Custom Residence represents a Prime Investment Opportunity, listed at $1,195,000—positioned well below the $1,234,589 Fair Market Value by 3%. This valuation gap provides $39,589 in Instant Equity. While the home maintains a Condition Rating of 4, its expansive 48,003 sq. ft. lot, stunning mountain views, and private pool offer significant upside for modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth through strategic cosmetic updates.
Property is moderate renovation needed.
Built in 1981, this property is over 40 years old and maintains much of its original character. While the home is spacious and functional, the kitchen features dated oak cabinetry and the Saltillo tile flooring reflects an older renovation style (>20 years). It is move-in ready but requires cosmetic updates and modernization of key systems and surfaces to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48003, living area = 4782.
Priced $55,000 below a recent appraisal, this property offers immediate equity and a highly competitive price-per-square-foot for a custom home in Fountain Hills.
Situated on over an acre, the oversized lot provides rare privacy, stunning mountain views, and a resort-style backyard equipped with a pool, outdoor showers, and a built-in BBQ.
Built in 1981, the home may require significant cosmetic updates or modernizations to meet the aesthetic expectations of contemporary luxury buyers.
The 2-car garage is undersized for a residence of this scale and price point, which may be a drawback for families with multiple vehicles or a need for additional storage.
PRICED $55,000 BELOW RECENT APPRAISED VALUE! Nestled on over an acre, this expansive custom home offers nearly 4,800 square feet of living space, exceptional indoor-outdoor entertaining, and one of the best values currently available in Fountain Hills. Featuring 4 bedrooms, 4 bathrooms, and a 2-car garage, the thoughtfully designed floor plan offers multiple living and entertaining spaces, abundant natural light, and the flexibility to accommodate guests, multigenerational living, or a work-from-home lifestyle. The home's standout entertainment room features a full bar and provides the perfect setting for holiday gatherings, celebrations, game days, and special events. Multiple gathering spaces throughout the home make entertaining effortless. Step down to your private backyard retreat featuring a sparkling pool, outdoor showers, built-in BBQ grill, extensive covered patio space, and stunning mountain views. The expansive outdoor living areas are ideal for dining, relaxing, and entertaining year-round while enjoying the beauty and privacy of this oversized lot. PRICED BELOW APPRAISED VALUE " OVER AN ACRE " NEARLY 4,800 SQ FT " FULL BAR " BUILT-IN BBQ " POOL " OUTDOOR SHOWERS " EXPANSIVE COVERED PATIOS " MOUNTAIN VIEWS A rare combination of space, views, privacy, and value in the heart of Fountain Hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,782 | - |
| Lot Size | 48,003 | - |
| Price | $1.18M | $909.7K |
| Price per sq ft | $246 | $371 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 31 | 2691 |
Jul 14, 2026
$1,175,000
$1,195,000
-2% Price Drop
Initial Listing
Jun 22, 2026
$1,195,000
Initial Listing