
Phoenix, AZ 85016
This Remodeled Desert Oasis is a High-Potential Investment Opportunity, listed at $888,000—positioned well below the $1,276,943 Fair Market Value by 30%. This significant valuation gap provides $388,943 in Instant Equity. Boasting a Condition Rating of 3, the home features a remodeled interior, PebbleTech pool, and mountain views on a large corner lot with No HOA. Located near the Biltmore and Piestewa Peak, it balances luxury living with massive financial upside. This is an exceptional acquisition for Owner-Occupants or Lifestyle-Focused Buyers seeking immediate wealth creation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1802 E STELLA Lane Subject | $888,000* List Price | 3 | 2 | 1,849 | $691 | - |
A 1631 E CLAREMONT Street Sold | $800,000 | 4 | 2 | 1,951 | $410 | 0.2 mi |
B 1641 E PALO VERDE Drive Sold | $675,000 List Price | 3 | 2 | 1,613 | 0.6 mi | |
C 1909 E BETHANY HOME Road Sold | $677,500 | 3 | 2 | 1,677 | $404 | 0.5 mi |
D 1909 E BETHANY HOME Road Sold | $677,500 | 3 | 2 | 1,677 | $404 | 0.5 mi |
E 1801 E MONTEBELLO Avenue Sold | $717,800 | 3 | 2 | 1,662 | $432 | 0.7 mi |
F 1939 E SOLANO Drive Sold | $700,000 | 3 | 2 | 1,581 | $443 | 0.7 mi |
G 6820 N 23RD Place Pending | $965,000 List Price | 3 | 2 | 1,918 | $503 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a remodeled interior with updated wood-look flooring, recessed lighting, and a modern kitchen equipped with granite countertops and stainless steel appliances. While the home was built in 1996, the interior has been extensively updated within the last 5-15 years, and the exterior features a well-maintained PebbleTech pool and desert landscaping, meeting the criteria for a high-quality, well-maintained home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11768, living area = 1849.
Situated in a highly desirable neighborhood near the Biltmore, this property offers exceptional access to Piestewa Peak hiking, Sky Harbor Airport, and a variety of high-end dining and shopping options.
The large corner lot features a private courtyard, a sparkling PebbleTech pool, and mature citrus trees, creating a secluded desert oasis with sought-after mountain views.
At a list price of $888,000 for 1,849 square feet, the property sits at a premium price point that may challenge buyers looking for more interior living space at this valuation.
While the interior has been remodeled, the 1996 construction date suggests that major structural components or mechanical systems may be approaching the end of their typical lifecycles.
Experience unequalled charm as you walk through the front gate into your private, welcoming courtyard. Your backyard oasis, including sparkling PebbleTech pool, is the perfect sanctuary for relaxing and entertaining. In a highly desirable neighborhood near the Biltmore, this 3-bedroom, 2-bath home is on a large corner lot with beautiful desert landscaping and citrus trees. Step inside to a large, light filled, open Great Room with a remodeled and recently upgraded interior filled with charm and personality. This property is perfectly located with easy access to Sky Harbor Airport, Granada Park, Piestewa Peak hiking, and a myriad of restaurants. NO HOA! This Gem is one of a kind and a must see!
No exterior & parking available.
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 | 1,849 | 1,875 | 49% |
| Lot Size | 11,768 | 8,294 | 85% |
| Price | $888.0K | $595.0K | 73% |
| Price per sq ft | $480 | $354 | 76% |
| Built year | 1996 | 1955 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 1490 | 0% |
Mar 9, 2026
$888,000
Initial Listing