
Fountain Hills, AZ 85268
This Modernized Value-Add Condominium is a High-Potential Investment Opportunity, listed at $349,000—positioned well below the $428,440 Fair Market Value by 18%. This significant valuation gap offers $79,440 in Instant Equity. Boasting an Excellent Condition Rating, the interior features a Granite Kitchen, stainless appliances, and breathtaking Mountain Views. Located within walking distance of Fountain Park and served by Fountain Hills High School, this property balances lifestyle perks with substantial financial upside. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16715 E EL LAGO Boulevard 205 Subject | $349,000* List Price | 2 | 2 | 1,067 | $402 | - |
A 16525 E Avenue of the Fountains -- 112 Sold | $430,000 | 2 | 2 | 1,190 | $361 | 0.4 mi |
B 13700 N FOUNTAIN HILLS Boulevard 239 Sold | $345,000 | 2 | 2 | 1,197 | $288 | 1.0 mi |
C 16357 E Arrow Drive 5-101 Sold | $320,000 | 2 | 2 | 969 | $330 | 0.9 mi |
D 13606 N CAMBRIA Drive 101 Sold | $450,000 | 2 | 2 | 1,324 | $340 | 0.7 mi |
E 16657 E GUNSIGHT Drive 296 Sold | $285,000 List Price | 2 | 2 | 865 | 0.1 mi | |
F 16715 E EL LAGO Boulevard 317 Active Under Contract | $309,000 List Price | 2 | 2 | 1,085 | $285 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent interior updates, including new luxury vinyl plank flooring, granite countertops, and stainless steel appliances. Although the building was constructed in 1997, the kitchen and primary bathroom have been modernized with contemporary finishes and fixtures, and the overall maintenance appears excellent with no immediate repairs required.
The condo features significant recent upgrades including new flooring, granite countertops, stainless steel appliances, and a remodeled primary bathroom, offering a stylish, move-in-ready experience.
Ideally situated within walking distance to Fountain Park and local dining, the property also offers a private balcony with scenic mountain and greenery views.
Residents enjoy access to premium HOA-managed facilities, including a heated community pool, fitness center, clubhouse, and the convenience of covered parking.
Built in 1997, the building's core systems and common areas may require more frequent maintenance or future capital improvements compared to newer developments.
At approximately 1,067 square feet, the interior layout may feel restrictive for buyers prioritizing expansive living areas or significant additional storage.
Mountain views, modern updates, and a prime location near Fountain Park define this inviting Plaza Del Lago condo, offering style and convenience in one of Fountain Hills' most desirable settings. This 2-bedroom, 2-bath home spans approximately 1,100 square feet and features an updated interior with new flooring, granite countertops, and stainless steel appliances. The living area is highlighted by a fireplace and a unique wood plank accent wall that adds character and texture. Ceiling fans with remote controls are installed throughout the home. The kitchen is complete with granite countertops, an island, a pantry, and updated appliances. The spacious primary suite includes a walk-in closet and a recently remodeled bathroom with dual sinks and a soaking tub. A private balcony extends your living space outdoors, where you can enjoy views of the surrounding greenery and mountains. Residents of Plaza Del Lago enjoy access to a heated community pool, fitness center, and clubhouse, along with covered parking for added convenience. The community is ideally located on a quiet street within walking distance to Fountain Park, dining, shopping, and nearby parks.
No exterior & parking available.
Grades PK-3 • 1.5 mi
Grades 4-5 • 1.9 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,067 | 1,140 | 36% |
| Lot Size | 1,027 | 240 | 69% |
| Price | $349.0K | $0 | 79% |
| Price per sq ft | $327 | $0 | 82% |
| Built year | 1997 | 1994 | 64% |
| HOA | $340 | $260 | 82% |
| Days on market | 13 | 2233 | 3% |
Apr 9, 2026
$349,000
Initial Listing