1705 E BEAUTIFUL Lane, Phoenix, AZ 85042, Phoenix, 85042 - 4 bed, 3 bath
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Phoenix, AZ 85042
This Spacious Value-Add Residence offers significant potential for forced appreciation on a Gated Corner Lot in Las Colinas. Listed at $539,000, the property is priced fairly relative to its $519,323 Fair Market Value. Featuring a Condition Rating of 4, the 2,700 sqft layout includes soaring ceilings, a versatile loft, and a three-car tandem garage. While the interior requires cosmetic updates, the expansive backyard and private patio provide a blank canvas for customization. This property is an ideal acquisition for Owner-Occupants looking to build equity or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1705 E BEAUTIFUL Lane Subject | $499,000* List Price | 4 | 3 | 2,700 | $172 | - |
A 1836 E DESERT Lane Sold | $575,000 | 4 | 3 | 2,685 | $214 | 0.3 mi |
B 8308 S 23RD Place Sold | $514,500 | 4 | 3 | 2,249 | $229 | 0.8 mi |
C 8308 S 23RD Place Sold | $514,500 | 4 | 3 | 2,249 | $229 | 0.8 mi |
D 1709 E Beverly Road Sold | $442,700 | 3 | 3 | 2,093 | $212 | 0.1 mi |
E 1910 E VINEYARD Road Sold | $475,739 | 5 | 2 | 2,504 | $190 | 0.8 mi |
F 1619 E Carter Road Sold | $550,000 | 5 | 2 | 2,520 | $218 | 0.4 mi |
G 1813 E BEVERLY Road Active | $599,000 List Price | 5 | 3 | 2,959 | $202 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, this 21-year-old property is functional but shows significant signs of being outdated. The kitchen features original oak-style cabinetry and older white appliances, while the bathrooms and flooring (specifically the carpet) show visible wear and tear consistent with its age. The listing's mention of 'incredible potential' and the AI analysis noting a need for modernization align with the 'fair' criteria for homes over 20 years old that have not undergone major renovations.
Situated on a desirable corner lot within the gated Las Colinas community, offering enhanced privacy and a sense of security.
Boasting 2,700 square feet with soaring ceilings, a versatile loft, and a three-car tandem garage, providing ample room for growing families.
The expansive backyard on a 7,229 sqft lot offers a blank canvas to design a custom pool and a personalized outdoor entertainment retreat.
The assigned public schools carry lower ratings, particularly the high school at a 3/10, which may impact appeal for education-focused buyers.
Marketed as having 'incredible potential,' the 2003-built interior likely requires cosmetic updates to align with contemporary design trends.
Spacious two story home situated on a desirable corner lot in the gated community of Las Colinas. Offering incredible potential, this home welcomes you with soaring ceilings and an open floor plan. Generous living spaces and an open kitchen make it ideal for entertaining. Upstairs features four large bedrooms and a versatile loft. The expansive backyard offers plenty of room to design your dream pool and outdoor retreat. Three car tandem garage. A must see!
No exterior & parking available.
Grades PK-8 • 1.2 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 2,700 | 1,869 | 80% |
| Lot Size | 7,229 | 7,465.5 | 48% |
| Price | $499.0K | $415.0K | 72% |
| Price per sq ft | $185 | $227 | 31% |
| Built year | 2003 | 2001 | 59% |
| HOA | $155 | $99 | 75% |
| Days on market | 20 | 1331 | 0% |
Apr 16, 2026
$499,000
$539,000
-7% Price Drop
Initial Listing
Apr 2, 2026
$539,000
Initial Listing