
Phoenix, AZ 85020
This Hillside Value-Add Property is listed at $625,000, positioned relative to its $577,005 Fair Market Value. Nestled high in Cinnabar Canyon, the residence offers Panoramic City Light and Mountain Views on an expansive 11,476 sqft Lot. Currently holding a Condition Rating of 4, the 1,905 sqft layout serves as a canvas for modernization. Located within the Mercury Mine Elementary and Sunnyslope High School boundaries, the location ensures strong long-term demand. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a custom renovation project with high-end potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1742 E MOUNTAIN VIEW Road Subject | $599,000* List Price | 2 | 2 | 1,905 | $299 | - |
A 1840 E CINNABAR Avenue Sold | $660,000 | 4 | 2 | 2,148 | $307 | 0.1 mi |
B 1840 E CINNABAR Avenue Sold | $660,000 | 4 | 2 | 2,148 | $307 | 0.1 mi |
C 11133 N 15TH Street Sold | $462,000 | 3 | 2 | 1,582 | $292 | 0.9 mi |
D 9654 N 18TH Street Pending | $595,000 List Price | 3 | 2 | 1,929 | $308 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 and on the market for the first time in 30 years, the home is well-maintained but clearly dated. While the primary bathroom features a more recent tile renovation, the kitchen contains older cabinetry and appliances. The interior shows significant wear, particularly the heavily stained carpeting, and the overall aesthetic requires a 'new vision' and cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11476, living area = 1905.
Nestled high in Cinnabar Canyon, the property offers stunning million-dollar city light and mountain views, providing a premium atmosphere and significant value appreciation potential.
Offered for the first time in 30 years, this well-maintained 'hidden gem' serves as an ideal canvas for investors or homeowners looking to build equity through modern updates.
Built in 1972 and requiring a 'new vision,' the property likely needs substantial cosmetic and functional updates to meet the expectations of modern luxury buyers.
With only two bedrooms for nearly 2,000 square feet of living space, the current configuration may limit the buyer pool to smaller households or retirees.
Located in the popular Ocotillo Hills community nestled high up into Cinnabar Canyon. This comfortable home offers breathtaking million dollar city light views. The property is well maintained and captures natural lighting in all the rooms. This home is full of potential, and ready for new vision. With a little updating this hidden gem could truly shine. First time on the market in 30 years!
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 6-8 • 1.3 mi
Grades K-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,905 | 1,918 | 50% |
| Lot Size | 11,476 | 8,306 | 75% |
| Price | $599.0K | $446.0K | 66% |
| Price per sq ft | $314 | $283 | 58% |
| Built year | 1972 | 1967 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 1413 | 0% |
Apr 15, 2026
$599,000
$625,000
-4% Price Drop
Initial Listing
Apr 7, 2026
$625,000
Initial Listing