1939 E ENCINAS Lane, Phoenix, AZ 85040, Phoenix, 85040 - 4 bed, 2 bath
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1939 E ENCINAS Lane
Phoenix, AZ 85040
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
2,035Sq Ft
7,005Lot Size
Property Price
LIST PRICE$485,000
EST. MARKET VALUE
$495,905
SUMMARY
This Modern Single Family Residence represents a Prime Investment Opportunity, listed at $485,000—positioned well below the $495,906 Fair Market Value by 2%. This valuation gap provides $10,906 in Instant Equity. With a Mint Condition Rating, the home features high-end finishes like quartz countertops and wood-plank tile. The detached guest quarters and kitchenette-ready bedrooms offer significant income potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in-ready asset with multi-generational living capabilities.
Estimated Market Value
$495,905
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1939 E ENCINAS Lane Subject | $485,000* List Price | 4 | 2 | 2,035 | $244 | - |
A 1813 E GRENADINE Road Sold | $420,000 | 3 | 2 | 1,671 | $251 | 0.7 mi |
B 1622 E CHANUTE Pass Sold | $425,000 List Price | 4 | 2 | 1,800 | 0.9 mi | |
C 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.8 mi |
D 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.8 mi |
E 1747 E GROVE Street Sold | $449,900 | 3 | 2 | 1,671 | $269 | 0.8 mi |
F 2332 E MARGUERITE Avenue Sold | $456,500 | 5 | 3 | 2,116 | $216 | 0.5 mi |
G 1521 E CHAMBERS Street Sold | $400,000 | 4 | 2 | 1,642 | $244 | 0.9 mi |
H 2730 E BROADWAY Road Active Under Contract | $435,900 List Price | 4 | 2 | 2,020 | $216 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and remains in mint condition. It features modern finishes such as wood-plank tile flooring, gray shaker cabinets, quartz countertops, and stainless steel appliances. Systems and structural elements are nearly new, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Finishes
Built in 2020, this home features contemporary upgrades including quartz countertops, shaker cabinets, and wood-plank tile flooring, ensuring a move-in-ready experience with modern aesthetics.
- Income & Multi-Gen Potential
The property includes a detached guest quarter with its own bathroom and secondary bedrooms plumbed for a kitchenette, offering exceptional flexibility for rental income or multi-generational living.
- No HOA & RV Accessibility
With no homeowner association fees and a dedicated RV gate with parking, this property provides significant financial freedom and convenience for owners with large vehicles or trailers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2035, other record living area = 1925.
- Low School Ratings
The assigned schools have ratings of 2 and 3 out of 10, which may be a significant drawback for families prioritizing educational quality and could impact future resale value.
- Freeway Proximity
While offering easy access to the I-17, the close proximity to a major freeway can result in increased ambient noise and may affect the overall tranquility of the residential setting.
About 1939 E ENCINAS Lane
Welcome to this charming ranch-style home featuring a 2-car garage, RV gate/parking, and inviting patio slabs in the front yard. Step into a bright, open floor plan with soft gray paint and wood-plank tile flooring. The kitchen boasts gray shaker cabinets, quartz countertops, stainless steel appliances, and a pantry. The primary bedroom includes an ensuite bathroom with a dual vanity. Two secondary bedrooms are plumbed for a kitchenette, offering flexible space for guests or rental potential. The backyard has a covered patio, storage shed, and a detached guest quarter with its own bathroom. The side yard features an additional covered patio, ideal for entertaining. Near restaurants, markets, schools, and with easy access to the I-17 fwy. Don't miss the opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 7,005 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Percy L Julian School
Grades K-8 • 0.4 mi
2/10
South Mountain High School
Grades 9-12 • 1.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,035 | 1,850.5 |
| Lot Size | 7,005 | 7,313 |
| Price | $485.0K | $481.7K |
| Price per sq ft | $238 | $289 |
| Built year | 2020 | 1987 |
| HOA | $0 | $175 |
| Days on market | 19 | 757 |
Pricing History
Listed for Sale
Jul 27, 2026
$485,000
Initial Listing