18601 N 16TH Place, Phoenix, AZ 85024, Phoenix, 85024 - 4 bed, 3 bath
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Phoenix, AZ 85024
This Renovated Turnkey Residence is a High-Potential Investment Opportunity, listed at $549,000—positioned well below the $647,425 Fair Market Value by 15%. This significant valuation gap provides $98,425 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features 2026 modern updates, including a quartz kitchen, stainless appliances, and a sparkling pool with new equipment. The massive 13,355 sqft lot uniquely includes HOA approval for an ADU, offering exceptional future value. This is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors looking for a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18601 N 16TH Place Subject | $549,000* List Price | 4 | 3 | 2,259 | $287 | - |
A 902 E RENEE Drive Sold | $550,000 | 4 | 2 | 2,107 | $261 | 0.8 mi |
B 902 E RENEE Drive Sold | $550,000 | 4 | 2 | 2,107 | $261 | 0.8 mi |
C 1306 E ESCUDA Drive Sold | $474,900 List Price | 4 | 3 | 2,177 | 1.0 mi | |
D 20016 N 19th Street Sold | $465,000 List Price | 3 | 2 | 2,210 | 1.0 mi | |
E 19806 N 15TH Place Sold | $630,000 | 5 | 3 | 2,121 | $297 | 0.8 mi |
F 902 E RENEE Drive Sold | $550,000 | 4 | 2 | 2,107 | $261 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent extensive renovations in 2026, featuring a modern kitchen with quartz countertops, white cabinetry, and stainless steel appliances. The interior boasts new wood-look flooring, fresh neutral paint, and updated fixtures throughout. With all major systems and aesthetics recently updated to current standards, the home shows no deferred maintenance and is in like-new condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13355, living area = 2259.
The home features comprehensive 2026 updates, including quartz countertops, stainless steel appliances, and new pool equipment, ensuring a turnkey experience for the buyer.
Situated on a massive 13,355 sqft cul-de-sac lot, the property uniquely includes HOA approval for an Accessory Dwelling Unit (ADU), offering exceptional flexibility and future value.
With all four bedrooms located on the upper level, the floor plan lacks a ground-floor suite, which may be a limitation for buyers with mobility concerns or those seeking multi-generational accessibility.
The assigned public schools carry average ratings (ranging from 4 to 6), which might be a consideration for families specifically targeting high-performing educational districts.
Fantastic POOL home in the gated Eaglepoint community--on a cul-de-sac--with all updates completed in 2026! HUGE lot with HOA approval to add an ADU if you're looking for more flexibility! Plus new community gates are scheduled for install. This 4 bed, 2.5 bath home offers manicured landscaping and a 2-car garage. Inside: tons of natural light, neutral tones, vaulted ceilings, and wood-look flooring (carpet upstairs). Enjoy a formal living/dining plus a separate family room. The spotless kitchen features SS appliances, quartz counters, white cabinetry, pantry, center island, and a breakfast nook with bay window. Upstairs you'll find all bedrooms, a cozy loft, and a double-door primary suite with dual sinks, soaking tub, and walk-in closet. Backyard oasis includes a covered patio, extra seating areas, and a sparkling pool with a brand-new pool filter and a rebuilt pool pump WOW!
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades 7-8 • 2.8 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,259 | - |
| Lot Size | 13,355 | - |
| Price | $549.0K | $495.4K |
| Price per sq ft | $243 | $290 |
| Built year | 2003 | 0 |
| HOA | $210 | $0 |
| Days on market | 166 | 1260 |
Feb 6, 2026
$549,000
Initial Listing