2118 E PEBBLE BEACH Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
Loading property details...
Tempe, AZ 85282
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $675,000—positioned well below the $683,315 Fair Market Value by 1.2%. This valuation gap offers $8,315 in Instant Equity. Featuring a Mint Condition Rating, the home includes a 2018 kitchen remodel, 2020 primary bath update, and 2024 turf installation. With a private pool and no HOA, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near ASU.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2118 E PEBBLE BEACH Drive Subject | $675,000* List Price | 3 | 2 | 2,342 | $292 | - |
A 2507 E MALIBU Drive Sold | $520,000 | 4 | 2 | 2,247 | $231 | 0.6 mi |
B 2407 S ALLRED Drive Active Under Contract | $679,990 List Price | 4 | 2 | 1,969 | $345 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in mint condition with significant recent renovations including a primary bath remodel (2020, <5 years) and a full kitchen update (2018) featuring modern cabinetry, stone counters, and stainless steel appliances. With additional upgrades like the 2024 turf and 2015 laundry remodel, the home is move-in ready with no visible deferred maintenance.
The property is ideally situated near major hubs including ASU, Old Town Scottsdale, and Chandler Fashion Center, making it highly attractive for both commuters and short-term rental guests.
Key high-value areas have been recently renovated, including the kitchen (2018), primary bathroom (2020), and the installation of low-maintenance turf (2024), offering a move-in-ready experience.
With no HOA fees and a proven history as a short-term rental, this property offers significant flexibility for investors or homeowners looking for a secondary income stream.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2342, other record living area = 2500.
Built in 1978, the home may have original underlying systems such as plumbing or electrical that could require attention despite the cosmetic and surface-level updates.
At 2,342 square feet, a three-bedroom configuration is relatively low for the size, which may limit its appeal to larger families who typically expect four or more bedrooms in this square footage range.
Welcome to 2118 E Pebble Beach Dr in Tempe, offering 2,342 sq ft, 3 bedrooms, 2 bathrooms, and two spacious living areas in a quiet neighborhood. The kitchen was updated in 2018, with additional upgrades including a laundry/pantry remodel (2015) and a primary bath remodel (2020). Tile flooring runs throughout for easy maintenance. Enjoy an Arizona room overlooking the pool and a low-maintenance backyard with turf installed in 2024. Ideally located just minutes from ASU, Sloan Park, Old Town Scottsdale, Chandler Fashion Center, and Mesa Community College. Previously used as a short-term rental....ask listing agent for details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,342 | 1,669 | 90% |
| Lot Size | 8,359 | 8,357 | 50% |
| Price | $675.0K | $185.8K | 92% |
| Price per sq ft | $288 | $112 | 63% |
| Built year | 1978 | 1970 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 2446 | 2% |
Apr 7, 2026
$675,000
Initial Listing