1812 E FALLEN LEAF Lane, Phoenix, AZ 85024, Phoenix, 85024 - 5 bed, 5 bath
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Phoenix, AZ 85024
This Modern Luxury Desert Residence is a Prime Investment Opportunity, listed at $1,375,000—positioned well below the $1,417,614 Fair Market Value by 3%. This valuation gap provides $42,614 in Instant Equity. Boasting an Excellent Condition Rating, this 2022 Shea home features a chef’s kitchen, mountain views, and a resort-style backyard with a heated Shasta pool. Located in a secure gated community within the Paradise Valley Unified School District, it offers a turnkey lifestyle. This is an exceptional match for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1812 E FALLEN LEAF Lane Subject | $1,375,000* List Price | 5 | 5 | 3,508 | $404 | - |
A 1837 E VILLA LINDA Drive Sold | $1,300,000 | 4 | 3 | 3,097 | $420 | 0.0 mi |
B 2028 E CHAMA Drive Sold | $1,219,950 | 5 | 3 | 2,779 | $439 | 0.3 mi |
C 24314 N 21ST Place Sold | $1,075,000 | 5 | 4 | 3,472 | $310 | 0.4 mi |
D 2324 E AVENIDA DEL SOL -- Sold | $1,000,000 | 4 | 3 | 2,659 | $376 | 0.9 mi |
E 2209 E FALLEN LEAF Lane Pending | $1,395,000 List Price | 4 | 5 | 3,509 | $398 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property meets the highest quality standards with modern Desert Contemporary architecture. The interior features a chef's kitchen with a large waterfall island and premium appliances, designer light fixtures, and high-end tile work in the bathrooms. All systems and finishes are virtually new with no signs of wear or deferred maintenance.
The outdoor living space is exceptional, featuring a heated Shasta pool with a Baja shelf, a custom ramada, and artificial turf, all framed by scenic mountain views.
Built in 2022, this Shea home offers contemporary Desert elevation and high-end finishes, providing the peace of mind and energy efficiency of nearly new construction.
The 3,508 sqft floor plan is thoughtfully designed with five bedrooms and five baths, including two main-level bedrooms that offer versatility for guests or a home office.
Being located within a gated community involves monthly HOA fees and architectural restrictions that may limit homeowner autonomy compared to non-governed lots.
The $1.375M price point represents a significant investment for the area, which may narrow the pool of qualified buyers and increase sensitivity to market fluctuations.
Highly desirable Shea home with a striking Desert Contemporary elevation, ideally situated within a gated community. This exceptional, meticulously maintained 5-bedroom residence showcases refined upgrades throughout, including elegantly appointed tile baths. The expansive open-concept design is enhanced by soaring ceilings, a generous dining area with custom buffet, and a chef's kitchen curated for effortless entertaining. Two main-level bedrooms offer versatility for guests or a private office, while an elevated loft provides additional living space. The backyard is a true retreat, featuring a covered patio, ramada, heated Shasta pool with Baja shelf and self-cleaning system, artificial turf, mature citrus trees, and mountain views--creating an elevated indoor-out experience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 5.0 | 2.0 | 99% |
| Square foot | 3,508 | 1,759 | 98% |
| Lot Size | 10,535 | 6,546 | 93% |
| Price | $1.38M | $437.4K | 99% |
| Price per sq ft | $392 | $271 | 94% |
| Built year | 2022 | 1997 | 98% |
| HOA | $137 | $66 | 78% |
| Days on market | 54 | 1732 | 0% |
Mar 3, 2026
$1,375,000
Initial Listing