
Phoenix, AZ 85020
This Luxury Modern New Construction is a Strong Value Opportunity, listed at $2,500,000—positioned well below the $2,613,533 Fair Market Value by 4%. This valuation gap provides $113,533 in Instant Equity. Boasting a Mint Condition Rating, the 2024-built residence features a chef’s kitchen with butler’s pantry, mountain views, and a resort-style pool and spa. With Energy Star certification and no HOA, it offers sustainable luxury near Piestewa Peak. This is an exceptional acquisition for Luxury Home Seekers or Owner-Occupants prioritizing modern efficiency.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1831 E PALMAIRE Avenue Subject | $2,500,000* List Price | 5 | 6 | 5,186 | $504 | - |
A 1832 E PALMAIRE Avenue Active | $2,245,555 List Price | 4 | 5 | 4,353 | $516 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 construction in mint condition. It features high-end modern finishes in the kitchen and spa-like bathrooms, including a butler's pantry and floating vanities. All major systems, including the HVAC and tankless water heater, are new as of 2024, requiring zero maintenance.
Built in 2024 with Energy Star and Indoor Air Plus certifications, this home offers cutting-edge sustainability, high-end luxury finishes, and the peace of mind that comes with all-new mechanical systems.
The property is designed for hosting, featuring a chef’s kitchen with a butler's pantry, a resort-style backyard with a circular pool and spa, and a second-story loft with decks offering mountain views.
The absence of an HOA provides owner flexibility and freedom, complemented by high-value additions like a 3-car garage, tankless water heater, and a whole-house water softener system.
While the elementary schools are rated fairly, the assigned high school has a low rating of 3/10, which may be a concern for families prioritizing public education at this price point.
With over 5,100 square feet of living space on a 0.29-acre lot, the substantial footprint and extensive outdoor amenities leave limited open yard space for buyers seeking more expansive grounds.
This stunning two-level modern home combines thoughtful design, luxury finishes, and energy efficiency. Built with Energy Star and Indoor Air Plus certifications, the home emphasizes sustainability and comfort while oversized windows flood the interior with natural light and highlight the spacious open-concept floor plan. The chef's eat-in kitchen is designed for both style and functionality, featuring a gas range with pot filler, large refrigerator, and a walk-in butler's pantry complete with an additional sink, fridge, and extra cabinetry--perfect for entertaining or everyday convenience. The living area centers around a striking 60-inch gas fireplace, creating a warm and modern focal point. The first-floor primary suite offers a luxurious private retreat with an accent ceiling feature, projector setup, and private backyard access. The spa-like bathroom includes dual floating vanities, a soaking tub, glass shower, tile flooring, and access to a unique outdoor shower, along with a large custom walk-in closet. Upstairs, a versatile loft with a bar and mini-fridge area opens to second-story decks on both sides of the home, offering beautiful mountain views and additional entertaining space. Step outside to a resort-style backyard featuring a circular heated chlorine pool, separate spa, covered patio, and outdoor BBQ/kitchen area. Both the front and backyard are finished with low-maintenance turf, creating a clean and modern landscape. Additional highlights include a 3-car garage, A/C new as of 2024, tankless water heater installed in 2024, reverse osmosis system, and a whole-house water softener adding even more peace of mind. Best of all, there is no HOA, offering flexibility and freedom in a beautifully designed home that blends modern luxury, energy efficiency, and exceptional indoor-outdoor living.
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades 5-8 • 1.6 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 5,186 | 1,952 | 99% |
| Lot Size | 12,875 | 8,306 | 80% |
| Price | $2.50M | $446.0K | 96% |
| Price per sq ft | $482 | $283 | 91% |
| Built year | 2024 | 1967 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 1413 | 0% |
Mar 30, 2026
$2,500,000
Initial Listing