
Fountain Hills, AZ 85268
This Renovated Luxury Desert Estate is a High-Potential Investment Opportunity, listed at $1,495,000—positioned well below the $1,673,684 Fair Market Value by 10%. This valuation gap provides $178,684 in Instant Equity. Boasting a Like-New Condition Rating, the home features panoramic mountain views, marble and onyx flooring, and a heated pool. With a new roof and HVAC units, the property offers immediate luxury without deferred maintenance. It is an exceptional find for Luxury Homebuyers or Owner-Occupants seeking a high-equity trophy property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16640 E GREENBRIER Lane Subject | $1,495,000* List Price | 3 | 4 | 4,809 | $348 | - |
A 16607 E JACKLIN Drive Sold | $1,850,000 | 5 | 5 | 5,505 | $336 | 0.3 mi |
B 17055 E NICKLAUS Drive Sold | $1,350,000 List Price | 4 | 3 | 3,663 | 0.5 mi | |
C 10643 N INDIAN WELLS Drive Active | $1,150,000 List Price | 4 | 4 | 3,114 | $369 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1988, the property has undergone extensive recent renovations within the last 5 years that bring it to a like-new standard. Significant capital improvements include a new roof, multiple new HVAC units, new water heaters, and updated pool equipment. The interior features high-end marble and onyx flooring throughout, marble countertops, and upgraded lighting fixtures. The kitchen is modernized with newer dual ovens and premium cabinetry, and the bathrooms are well-appointed with contemporary finishes, leaving no evidence of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44431, living area = 4809.
The property offers unparalleled vistas of Red Mountain, Four Peaks, and the iconic Fountain, visible from nearly every room and the expansive outdoor living areas.
Recent upgrades including a new roof, multiple new HVAC units, and updated pool equipment provide peace of mind and reduced maintenance costs for the next owner.
With only three bedrooms across over 4,800 square feet, the home may not suit larger families or buyers requiring more dedicated sleeping quarters.
Despite extensive interior and mechanical updates, the 1988 construction may still feature some architectural elements or layout choices that feel dated compared to contemporary custom builds.
Framed by sweeping desert views from nearly every angle, this Fountain Hills residence captures the essence of elevated desert living, with sightlines that stretch across Red Mountain, Four Peaks, the iconic Fountain, and Desert Canyon Golf Course. A circular driveway and three-car garage set the stage, while the thoughtfully designed front landscape blends curated plantings with lush turf. The entry makes an immediate impression with oversized doors, beautiful flooring, and a direct visual connection to the surrounding mountains. Inside, the home unfolds into expansive living spaces designed for both everyday comfort and effortless entertaining. The main living area offers multiple seating zones, including a formal living space, conversation area, sitting room, sitting room, fireplace, and built-in bar, all oriented to maximize the views.The kitchen is generously sized with ample cabinetry, extensive counter space, a large island, newer dual ovens, warming drawer, and a well-appointed walk-in pantry. Just beyond, the breakfast nook is perfectly positioned to capture breathtaking views, while the formal dining room offers backyard access and designer wallpaper that adds character and warmth. A richly appointed office features beautiful woodwork, built-in bookcases, and abundant natural light. The primary suite is a true retreat, showcasing views of both Four Peaks and Red Mountain, along with private patio access oriented toward the Fountain. The spacious layout includes a large walk-in closet with built-in organization and a well-appointed bath with dual vanities, soaking tub, walk-in shower, and private water closet. Guest accommodations are equally inviting, including a secondary bedroom with built-in shelving and direct patio access, adjacent to a large bath both a soaking tub and walk-in shower. An additional flexible space offers versatility as a third bedroom, secondary living area, or office, allowing the home to adapt to a variety of needs. The backyard is designed to fully embrace the setting, offering a large covered patio, built-in grill, heated pool, and convenient exterior-access half bath, all surrounded by exceptional views. Extensive recent improvements enhance both form and function, including a new roof, full interior and exterior repaint, redesigned landscaping with irrigation, lighting, and turf, marble and onyx flooring throughout, marble countertops, upgraded lighting and fixtures, and significant mechanical updates such as multiple new HVAC units, water heaters, and pool equipment. A rare opportunity to experience refined desert living with truly unmatched views in every direction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 4,809 | 2,377 | 97% |
| Lot Size | 44,431 | 10,955 | 88% |
| Price | $1.50M | $655.0K | 91% |
| Price per sq ft | $311 | $312 | 49% |
| Built year | 1988 | 1995 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 1952 | 1% |
Apr 12, 2026
$1,495,000
Initial Listing