1701 E LAS PALMARITAS Drive, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
Analysis of 1701 E LAS PALMARITAS Drive, Phoenix, AZ 85020 is currently available with a list price of $875,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is in a state of significant disrepair and requires substantial rehabilitation. Interior images show bare concrete floors where flooring has been removed, missing baseboards, outdated kitchen cabinetry, fluorescent lighting, and missing electrical outlet covers. The 1962 structure is being sold 'As-Is' and, while potentially a candidate for a tear-down to utilize the large lot, the current dwelling requires a complete overhaul to be considered livable by modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45658, living area = 1567.
Situated at the base of the North Phoenix Mountain Preserve, this property offers direct trail access and stunning mountain views within a secluded, central neighborhood.
This rare 1.048-acre city lot is a fully equipped horse property featuring a corral, arena, stalls, and a tack room, catering to a niche and desirable lifestyle.
The property is being sold in as-is condition and requires substantial renovation or a complete rebuild to modernize the original 1962 structure.
At only 1,567 square feet, the existing home is undersized relative to the lot size and price point, likely requiring additional capital for expansion.
HUGE PRICE REDUCTION!! Priced to MOVE. Seller willing to consider all REASONABLE offers. Get off the sidelines and jump at this RARE OPPORTUNITY for 1.048 Acre horse property in the middle of the city! This home sits at the base of the North Phoenix Mountain Preserve with access to trails and includes corral, arena, stalls and tack room. Mountain views, desert vegetation and large saguaro surround the 3-bedroom, 2 bath home with 2-car carport, nestled between other large lots in the secret Stoney Mountain Neighborhood. Properties like this do not come up often and now is your opportunity to breathe new life into this special location. INVESTORS, this property is zoned R1-6 and could accommodate a couple of luxury homes with access to the cul-de-sac at the south end of the property Quick access to the 51 offers less than 15 minutes to Sky Harbor Airport, Downtown Phx, AZ Biltmore, Piestawa Peak & Paradise Valley. Opportunity abounds with this exceptional location located in this central and highly sought after location. Buyer & Buyer agent to verify all information deemed important to buyer. As Is Sale.
No exterior & parking available.
Grades PK-6 • 1.7 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,567 | 1,918 | 29% |
| Lot Size | 45,658 | 8,306 | 99% |
| Price | $875.0K | $446.0K | 83% |
| Price per sq ft | $558 | $283 | 93% |
| Built year | 1962 | 1967 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 108 | 1413 | 7% |
Jan 8, 2026
$875,000
Initial Listing