2044 W OLNEY Avenue, Phoenix, AZ 85041, Phoenix, 85041 - 4 bed, 2 bath
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Phoenix, AZ 85041
This Stunning Move-In Ready Home is a High-Potential Investment Opportunity, listed at $800,000—positioned well below the $841,925 Fair Market Value by 4%. This valuation gap offers $41,925 in Instant Equity. With an Excellent Condition Rating and recent capital improvements like a 2023 roof, this property features a Granite Kitchen, Sparkling Pool, and Panoramic Mountain Views. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors looking for a high-quality, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2044 W OLNEY Avenue Subject | $800,000* List Price | 4 | 2 | 2,199 | $383 | - |
A 2535 W SUNRISE Drive Sold | $645,000 | 3 | 2 | 1,633 | $395 | 0.7 mi |
B 2064 W DOBBINS Road Pending | $700,000 List Price | 3 | 2 | 1,795 | $390 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1999, the property qualifies as Excellent due to comprehensive recent capital improvements and high-end finishes. Major systems are nearly new, including the roof and exterior paint (2023), water heater (2022), and HVAC (2020). The interior is in mint condition with travertine flooring, granite countertops, and stainless steel appliances, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45584, living area = 2199.
The property is situated on a rare 1-acre private lot with no HOA, offering significant space for customization and a secluded feel while remaining close to city amenities.
Extensive recent updates including a new HVAC (2020), water heater (2022), and a new roof and exterior paint (2023) significantly reduce near-term maintenance costs for the buyer.
The home offers 4 bedrooms but only 2 bathrooms, which may be a limitation for larger families or buyers expecting more convenience at this price point.
With a list price of $800,000 for 2,199 square feet, the property sits at a high price-per-square-foot for the area, which may impact its competitive positioning.
Experience the beauty of Arizona living from this custom 4-bedroom, 2-bath home on a private 1-acre lot with breathtaking mountain views, sparkling city lights, and unforgettable sunsets. The open-concept design features travertine flooring, crown molding, a cozy fireplace, and a spacious kitchen with granite countertops and stainless-steel appliances. Step outside to your backyard oasis with a sparkling pool and plenty of room to relax or entertain. A 3-car garage provides ample storage and parking. Recent updates include HVAC (2020), garage openers (2021), water heater (2022), and roof/exterior paint (2023). Conveniently located near schools, parks, shopping, dining, freeways, downtown, and the airport.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,199 | - |
| Lot Size | 45,584 | - |
| Price | $800.0K | $495.4K |
| Price per sq ft | $364 | $290 |
| Built year | 1999 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 1260 |
Jun 16, 2026
$800,000
Initial Listing