2020 W Bonanza Lane, Phoenix, AZ 85085, Phoenix, 85085 - 5 bed, 3 bath
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Phoenix, AZ 85085
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $750,000—positioned above the $695,167 Fair Market Value. While priced slightly above market, the property offers significant long-term stability through its Good Condition Rating and premium upgrades, including Paid Solar and a Newer HVAC System. Situated on a Premium Corner Lot with Open Views, the home provides a private, move-in-ready lifestyle. With proximity to the highly-rated Norterra Canyon K-8, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained, energy-efficient home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2020 W Bonanza Lane Subject | $710,000* List Price | 5 | 3 | 3,084 | $234 | - |
A 2130 W HEDGEHOG Place Sold | $680,000 | 5 | 4 | 3,061 | $222 | 0.6 mi |
B 2130 W HEDGEHOG Place Sold | $680,000 | 5 | 4 | 3,061 | $222 | 0.6 mi |
C 2130 W HEDGEHOG Place Sold | $680,000 | 5 | 4 | 3,061 | $222 | 0.6 mi |
D 27414 N 22ND Lane Sold | $853,000 | 5 | 3 | 3,574 | $239 | 0.5 mi |
E 1919 W BONANZA Lane Sold | $815,000 | 5 | 4 | 3,920 | $208 | 0.1 mi |
F 2427 W MAYA Way Sold | $700,000 List Price | 4 | 3 | 2,573 | 0.5 mi | |
G 28115 N 17TH Drive Sold | $850,000 | 4 | 4 | 3,241 | $262 | 1.0 mi |
H 28115 N 17TH Drive Sold | $850,000 | 4 | 4 | 3,241 | $262 | 1.0 mi |
I 2011 W SPUR Drive Active | $740,000 List Price | 5 | 3 | 3,115 | $238 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), the property falls within the 10-20 year range for 'Good' condition. It is meticulously maintained and move-in ready with functional, original kitchen and bath finishes. Significant value is added by updated systems, including a newer HVAC, newer water heater, and paid solar.
The property includes fully paid solar panels and a newer A/C system, providing significant utility savings and peace of mind regarding major mechanical components.
Situated on a desirable corner lot with view fencing and no neighbors directly behind, the home offers enhanced privacy and open views compared to standard interior lots.
With 5 bedrooms, a dedicated office, and a 3-car garage, the 3,084 sqft floor plan is perfectly designed for large families or those requiring a professional home workspace.
While the K-8 school is highly rated, the assigned middle and high schools have lower ratings (3 and 5 respectively), which may be a concern for education-focused buyers.
Built in 2007, the home is approaching 20 years of age; while meticulously maintained, it may require cosmetic updates to align with modern design trends found in newer area builds.
Beautiful 5-Bedroom Home on a Premium Corner Lot with Owned Solar! Meticulously maintained, original-owner offering 5 bedrooms, 3 full bathrooms, and a 3-car garage. Situated on a desirable corner lot with view fencing and no neighbors directly behind, this home provides privacy and open views. Open floor plan featuring a large great room, separate living area, and a dedicated office--perfect for working from home. The well-designed layout offers plenty of room for entertaining and everyday living. Primary suite is a true retreat, featuring a luxurious walk-through shower, double sinks & walk in closet. Updates include OWNED solar, a newer A/C system, and a newer water heater. Additional bedrooms and bathrooms provide comfort and convenience for family and guests. Exceptionally clean well cared for, this move-in-ready home is waiting for its next owner. Don't miss this rare opportunity to own a beautiful home with premium features, modern upgrades, and an unbeatable location!
No exterior & parking available.
Grades K-5 • 18.2 mi
Grades PK-8 • 0.3 mi
Grades 7-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,084 | - |
| Lot Size | 9,344 | - |
| Price | $710.0K | $495.4K |
| Price per sq ft | $230 | $290 |
| Built year | 2007 | 0 |
| HOA | $210 | $0 |
| Days on market | 42 | 1260 |
Jul 10, 2026
$710,000
$750,000
-5% Price Drop
Initial Listing
Jun 10, 2026
$750,000
Initial Listing