
Phoenix, AZ 85020
Analysis of 1702 E Griswold Road, Phoenix, AZ 85020 is currently available with a list price of $1,275,000. 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.
Built in 1959, the property retains its original character and requires a complete interior rehabilitation to meet modern standards. The kitchen is highly outdated with original cabinetry, laminate countertops, and old white appliances, while the bathroom features 1950s-era pink tiling and dated fixtures. Although the electrical panel and septic system have been updated, the presence of wood-paneled walls, aged carpeting, and original finishes throughout indicates a need for substantial renovation, as suggested by the listing's mention of a 'fresh start' or 'total vision'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 92260, living area = 2736.
Situated on over 2 acres in the desirable Dreamy Draw area, this property offers rare scale and privacy for North Phoenix, providing ample space for expansion or a custom estate.
The property boasts sweeping, unobstructed mountain views that serve as a stunning natural backdrop, significantly increasing the site's desirability and premium value.
Built in 1959 and retaining its original character, the home requires a comprehensive renovation or a complete teardown to meet modern luxury standards and buyer expectations.
At a list price of $1.275M for a property needing significant work, the initial investment is high, potentially limiting the pool of buyers to those with substantial additional capital for construction.
VIEWS, VIEWS AND MORE VIEWS! Set on over 2 acres with sweeping mountain views, this property offers a rare opportunity to create something truly special. The home retains its original 1959 character and is ready for your vision—whether that's a thoughtful renovation, expansion, or a fresh start. Recent updates include a newer septic tank and an upgraded electrical panel, providing a solid foundation for future improvements. Enjoy wide-open space, privacy, and stunning natural surroundings, all while imagining the potential this scenic property holds. Excellent North Phoenix location!
No exterior & parking available.
Grades PK-6 • 1.8 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 2.4 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 | 2,736 | 1,952 | 81% |
| Lot Size | 92,260 | 8,306 | 99% |
| Price | $1.27M | $446.0K | 92% |
| Price per sq ft | $466 | $283 | 90% |
| Built year | 1959 | 1967 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 1413 | 2% |
Feb 3, 2026
$1,275,000
Initial Listing