1961 S SANTA ANNA Drive, Chandler, AZ 85286, Chandler, 85286 - 4 bed, 4 bath
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Chandler, AZ 85286
This Semi-Custom Gated Estate represents a Strong Value Opportunity with a List Price of $1,100,000—positioned well below the $1,174,647 Fair Market Value by 6%. This valuation gap provides $74,647 in Instant Equity for buyers ready to modernize the Fair Condition Rating finishes. Featuring 12-foot ceilings, a private pool and spa, and proximity to Hamilton High School, the layout is optimized for forced appreciation through cosmetic updates. This is a prime acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a high-upside project in a prestigious Chandler subdivision.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1961 S SANTA ANNA Drive Subject | $950,000* List Price | 4 | 4 | 4,163 | $228 | - |
A 2087 W REMINGTON Drive Active | $999,999 List Price | 6 | 4 | 4,057 | $246 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, this property is well-maintained and move-in ready but features mostly original finishes that are now stylistically dated. The kitchen and living areas show early 2000s design elements, such as the cabinetry and tile work, and the carpeting shows visible signs of wear. While the home is functional and clean, it falls into the 'fair' category as it is over 20 years old and requires cosmetic updates to meet current modern standards.
Positioned as a value-add opportunity, the property offers an estimated $200K in equity upside through cosmetic renovations, making it an ideal play for investors or equity-minded homeowners.
The home features impressive 12-foot ceilings throughout and the largest square footage in the subdivision, providing a grand and spacious feel within a prestigious gated community.
The floor plan includes a smart conversion to maximize livable space and a second bedroom already stubbed for an additional bathroom, allowing for a relatively simple and high-impact upgrade.
To realize the full market value, the property requires a budget for cosmetic modernization to update the original 2001 finishes and styling.
Given the home's age and the emphasis on 'upside,' buyers should anticipate potential capital expenditures for aging major systems like HVAC or roofing that are typical for a 20+ year old residence.
Ever wanted $200K in equity just for finding the right deal? This semi-custom home sits inside a gated community in one of the most sought-after areas of Chandler. It's clean enough to move right in, but the real opportunity is in the upside. With a few cosmetic changes, you can unlock serious value. 12-foot ceilings throughout give the home a grand, open feel, and the layout offers flexibility for both an end user looking to create their dream design or an investor looking for a strong play. Bedroom 2 is already stubbed for an additional bathroom--currently used as a closet--making it an easy value-add. The home also features the largest square footage in the subdivision, with a smart conversion that maximizes livable space. Priced to sell.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,163 | - |
| Lot Size | 13,752 | - |
| Price | $950.0K | $527.5K |
| Price per sq ft | $228 | $302 |
| Built year | 2001 | 0 |
| HOA | $412 | $0 |
| Days on market | 119 | 2748 |
May 14, 2026
$950,000
$999,000
-5% Price Drop
Initial Listing
Apr 19, 2026
$999,000
$1,100,000
-9% Price Drop
Initial Listing
Mar 26, 2026
$1,100,000
Initial Listing