2024 W BONANZA Lane, Phoenix, AZ 85085, Phoenix, 85085 - 5 bed, 4 bath
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Phoenix, AZ 85085
This Spacious Two-Story Residence is a Strong Value Opportunity, listed at $799,000—positioned well above the $758,351 Fair Market Value by 5%. While priced slightly above market, the property features Owned Solar, a Sparkling Pool, and a 3-Car Garage on a generous 10,478 sqft lot. With a Good Condition Rating, this home offers immediate lifestyle appeal near the Norterra Canyon K-8 school. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Long-Term Investors prioritizing energy efficiency and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2024 W BONANZA Lane Subject | $785,000* List Price | 5 | 4 | 3,216 | $248 | - |
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 2009 W BAJADA Road Sold | $825,000 List Price | 5 | 3 | 3,578 | 0.2 mi | |
E 28115 N 17TH Drive Sold | $850,000 | 4 | 4 | 3,241 | $262 | 1.0 mi |
F 28115 N 17TH Drive Sold | $850,000 | 4 | 4 | 3,241 | $262 | 1.0 mi |
G 2427 W MAYA Way Sold | $700,000 List Price | 4 | 3 | 2,573 | 0.5 mi | |
H 1630 W RED BIRD Road Sold | $725,000 | 5 | 4 | 2,908 | $249 | 0.5 mi |
I 2020 W Bonanza Lane Active | $750,000 List Price | 5 | 3 | 3,084 | $243 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), this property falls within the 10-20 year range for 'Good' condition. The home is well-maintained and move-in ready with modern wood-look flooring, contemporary lighting, and neutral paint. While the kitchen cabinetry and bathroom tile work reflect the original build style, they are functional and in great shape. The addition of owned solar and a fully landscaped backyard with a pool indicates pride of ownership and minimal immediate maintenance needs.
The property features fully owned solar panels, offering significant long-term utility savings and environmental benefits in the Phoenix climate.
The expansive backyard is a true oasis, featuring a sparkling pool, built-in BBQ, gazebo, workshop, and RV gates on a generous 10,000+ sqft lot.
Ideally situated with easy access to the I-17, 101, and 303 freeways, and in close proximity to the major TSMC development, ensuring strong future demand.
While the local K-8 school is well-rated, the assigned high school and other nearby elementary options have lower performance scores, which may concern education-focused buyers.
Built in 2007, the home is approaching a timeframe where original high-ticket items like HVAC units and roofing may require inspection or replacement due to the harsh Arizona heat.
Welcome home! This truly remarkable two-story residence with OWNED SOLAR has it all-5 bedrooms plus loft, 3 bathrooms, a powder room, a 3-car garage, RV gates, and a sparkling pool! The interior seamlessly blends elegance and comfort, featuring wood-look flooring, contemporary lighting, plantation shutters to add timeless charm, arched passageways, a fireplace to ensure cozy winter evenings, and neutral paint ready for your choice of decor. The kitchen is a chef's delight, displaying staggered cabinets adorned with crown molding, plenty of counter space, stainless steel appliances, and a two-tiered island, perfect for casual meals. The tranquil owner's suite is a true retreat, complete with 2 sizable walk-in closets for effortless organization and a bathroom with double sinks and a separate enclosed shower & tub, plus easy outdoor access for added convenience. The huge loft features a projector and shelves, making it perfect for a media room and enjoying fun movie nights. Step outside to your backyard oasis, offering an expansive covered patio with pavers, perfect for relaxing with your favorite drink, a built-in BBQ, a large grass area, mature trees, a gazebo, ideal for gatherings, a workshop/shed, and a blue pool to enjoy sunny days! Just WOW! With nearby shopping/dining, and easy access to I-17, 101, 303 & TSMC. You REALLY don't want to miss this gem!
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 | 4.0 | 0.0 |
| Square foot | 3,216 | - |
| Lot Size | 10,478 | - |
| Price | $785.0K | $495.4K |
| Price per sq ft | $244 | $290 |
| Built year | 2007 | 0 |
| HOA | $210 | $0 |
| Days on market | 51 | 1260 |
Jul 2, 2026
$785,000
$799,000
-2% Price Drop
Initial Listing
Jun 1, 2026
$799,000
Initial Listing