
Phoenix, AZ 85042
This Rare Corner Lot Residence is a strategic Value-Add Asset listed at $405,000, positioned near its $397,508 Fair Market Value. Boasting a Fair Condition Rating, the property offers immediate ROI potential through the modernization of its popcorn ceilings, wood paneling, and unfinished backyard. The expansive 9,805 sq ft lot features RV access, a workshop, and scenic mountain views. Served by Cloves C Campbell Sr Elementary and South Mountain High, this acquisition is an ideal match for Buy-and-Hold Investors or Owner-Occupants looking to build equity near South Mountain Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1943 E SOUTH MOUNTAIN Avenue Subject | $405,000* List Price | 4 | 2 | 1,518 | $262 | - |
A 1938 E Desert Drive Sold | $425,000 List Price | 4 | 2 | 2,053 | 0.1 mi | |
B 1524 E GARY Way Sold | $420,000 | 3 | 2 | 1,497 | $281 | 0.6 mi |
C 2405 E BEVERLY Road Sold | $440,000 | 4 | 2 | 1,902 | $231 | 0.6 mi |
D 1431 E WINSTON Drive Sold | $310,000 List Price | 3 | 2 | 1,150 | 0.7 mi | |
E 2023 E FAWN Drive Sold | $519,000 List Price | 3 | 2 | 1,852 | 0.3 mi | |
F 1704 E BEVERLY Road Sold | $485,000 List Price | 4 | 2 | 1,785 | 0.4 mi | |
G 1704 E SOUTH MOUNTAIN Avenue Active | $484,900 List Price | 4 | 2 | 1,920 | $253 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property falls into the 'fair' category as it shows a mix of recent cosmetic updates and significant dated features. While the interior has been refreshed with new luxury vinyl plank flooring and white paint, the presence of popcorn ceilings, 1980s-style wood paneling around the fireplace, and louvered closet doors indicate the home has not undergone a full modern renovation. The laundry area and 'blank canvas' backyard further reflect a need for additional investment and modernization to meet current market standards for a 'good' or 'excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9805, living area = 1518.
Situated on a rare corner lot near the base of South Mountain, the property offers stunning desert and mountain views with immediate access to over 16,000 acres of hiking and biking trails.
The absence of a homeowners association combined with a massive 9,805 sq ft lot and RV access provides owners with significant freedom and space for vehicle storage or property customization.
The oversized backyard is described as a 'blank canvas,' implying that significant landscaping and investment will be required to transform it into a functional outdoor retreat.
The local high school carries a lower rating of 3, which may be a drawback for families prioritizing public education quality and could impact future resale appeal to that demographic.
Rare corner lot home near the base of South Mountain with stunning desert and mountain views and no HOA. This 4 bed, 2 bath home offers 1,518 sq ft of living space on a huge 9,805 sq ft lot with RV access, two fireplaces, and a two-car garage with workshop/additional storage. The oversized backyard is a blank canvas for entertaining, gardening, or creating your retreat. Just 20 minutes from Downtown Phoenix and Sky Harbor Airport, and minutes from South Mountain Park's 16,000+ acres of hiking, biking, and horseback riding trails.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,518 | 1,869 | 22% |
| Lot Size | 9,805 | 7,503 | 74% |
| Price | $405.0K | $412.5K | 49% |
| Price per sq ft | $267 | $227 | 74% |
| Built year | 1980 | 2001 | 20% |
| HOA | $0 | $98 | 34% |
| Days on market | 99 | 1331 | 5% |
Jan 13, 2026
$405,000
Initial Listing