
Fountain Hills, AZ 85268
Analysis of 16540 E EL LAGO Boulevard 18, Fountain Hills, AZ 85268 is currently available with a list price of $730,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fountain Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2001 (23 years old), the property has been thoughtfully updated with modern finishes. The kitchen features contemporary two-tone cabinetry, stainless steel appliances, and updated pendant lighting. While some elements like the tile flooring appear original to the build date, the home is well-maintained, functional, and move-in ready.
Situated in the Villa Estates at Town Center, this property offers exceptional proximity to downtown Fountain Hills, providing easy access to local shopping, dining, and community amenities.
The home features a thoughtfully updated interior with stylish finishes and an open layout, offering a move-in-ready experience with contemporary aesthetic appeal.
The property boasts desirable mountain views and abundant natural light throughout, significantly enhancing the home's ambiance and overall value.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 247, living area = 1854.
The association fee of $450 per month is a substantial recurring expense that may impact the affordability and budget considerations for some buyers.
With a lot size of only 247 square feet for a nearly 1,900 square foot home, there is very limited private yard space, which may be a drawback for those prioritizing outdoor living.
Experience comfortable living in this beautifully updated villa-style estate featuring 3 spacious bedrooms and 2 bathrooms. Ideally located with terrific proximity to downtown, this home offers both convenience and a peaceful residential setting. Step inside to find a thoughtfully updated interior with stylish finishes, an open and inviting layout, and plenty of natural light throughout. The kitchen and living areas are designed for both everyday comfort and easy entertaining. Enjoy the perfect balance of privacy and accessibility, with shopping, dining, and city amenities just minutes away. This home is an excellent opportunity for anyone seeking charm, location, and modern updates all in one.
No exterior & parking available.
Grades PK-3 • 1.2 mi
Grades 4-5 • 1.6 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,854 | - |
| Lot Size | 247 | - |
| Price | $730.0K | $909.7K |
| Price per sq ft | $394 | $371 |
| Built year | 2001 | 0 |
| HOA | $450 | $0 |
| Days on market | 91 | 2691 |
Jun 6, 2026
$730,000
$745,000
-2% Price Drop
Initial Listing
May 16, 2026
$745,000
$750,000
-1% Price Drop
Initial Listing
Apr 23, 2026
$750,000
Initial Listing