16861 N STONERIDGE Court, Fountain Hills, AZ 85268, Fountain Hills, 85268 - 3 bed, 2 bath
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Fountain Hills, AZ 85268
This Custom Mountain-View Residence is a High-Potential Investment Opportunity, listed at $820,000—positioned well below the $1,007,007 Fair Market Value by 18%. This significant valuation gap provides $187,007 in Instant Equity. While the home maintains a Condition Rating of 4 due to meticulous upkeep, the original 1996 finishes offer immense upside through cosmetic modernization. Backing directly to McDowell Mountain Regional Park, the property boasts unobstructed panoramic views and a large 10,145 sqft lot with no HOA. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16861 N STONERIDGE Court Subject | $774,900* List Price | 3 | 2 | 2,329 | $333 | - |
A 15612 E GRASSLAND Drive Sold | $549,999 List Price | 3 | 2 | 1,800 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and move-in ready with fresh interior paint; however, it retains most of its original 1996 features. The kitchen and bathrooms show dated aesthetics, including oak cabinetry, white appliances, and older tile styles, which align with the 'fair' criteria for homes built over 20 years ago without major modern renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10145, living area = 2329.
The property backs directly to McDowell Mountain Regional Park, offering unparalleled privacy and spectacular, unobstructed mountain views that significantly enhance the home's value.
This custom-built home has been exceptionally well-cared for, featuring fresh interior paint and upgraded landscaping, ensuring a move-in-ready experience for the buyer.
With only two bathrooms for a 2,329-square-foot residence, the layout may be less convenient for larger families or those who frequently host guests.
Built in 1996, some architectural elements and core systems may require modernization to meet the aesthetic and efficiency standards of contemporary luxury buyers.
This beautifully maintained custom home offers 3 bedrooms, 2 bathrooms, and an oversized 2-car garage. The property backs directly to McDowell Mountain Regional Park, providing exceptional mountain views and privacy. Features include: - Open-concept floor plan - Spacious kitchen with breakfast bar - Two-way fireplace - Large primary suite with a private oversized balcony - Ceiling fans throughout - Fresh interior paint - Upgraded landscaping - Home warranty included - No HOA (located within the Fountain Hills NPOA) Owner/Agent
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,329 | - |
| Lot Size | 10,145 | - |
| Price | $774.9K | $909.7K |
| Price per sq ft | $333 | $371 |
| Built year | 1996 | 0 |
| HOA | $0 | $0 |
| Days on market | 106 | 2691 |
May 26, 2026
$774,900
$799,000
-3% Price Drop
Initial Listing
May 9, 2026
$799,000
$820,000
-3% Price Drop
Initial Listing
Apr 8, 2026
$820,000
Initial Listing