
Phoenix, AZ 85085
This Turnkey Model Home represents a Strong Value Opportunity, listed at $700,000—positioned slightly above the $654,291 Fair Market Value. While the list price reflects a premium for its Mint Condition Rating and professional designer furnishings, the property offers a unique Buy-and-Hold Investor advantage through a rare 24-month leaseback program. Featuring mountain views, a private covered deck, and resort-style amenities, this residence is an ideal acquisition for Owner-Occupants seeking a sophisticated, move-in-ready lifestyle in a high-demand community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 W SONORAN DESERT Drive 164 Subject | $700,000* List Price | 2 | 2 | 1,854 | $353 | - |
A 2121 W SONORAN DESERT Drive 140 Active | $622,000 List Price | 3 | 3 | 2,043 | $304 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2024 construction model home in mint condition. Features high-end designer finishes, a modern kitchen with waterfall countertops and farmhouse sink, and state-of-the-art HVAC and electrical systems.
As a professionally designed Toll Brothers model home, this property includes all high-end furnishings and decor, offering a sophisticated, move-in-ready experience.
The rare opportunity for a 24-month leaseback provides immediate financial returns and peace of mind for investors or buyers not yet ready to occupy.
The community features premium facilities including a fitness studio, pool, and outdoor gathering areas, providing a luxury lifestyle within the Valle Norte development.
The monthly HOA fee of $462 is a significant recurring expense that increases the total carrying cost and may impact overall affordability.
At a $700,000 price point, the two-bedroom configuration may be perceived as a lower value compared to larger townhomes or single-family residences in the surrounding area.
Toll Brothers model home now available! Turnkey opportunity! All furnishings and decor included! Experience elevated living in this professionally designed Toll Brothers model home, now available for purchase with a rare leaseback opportunity of up to 24 months. Two primary suites. Resort-style amenities including a community center, fitness studio, pool, outdoor BBQs, firepit, outdoor gathering areas, and dog park. Featuring an expertly designed floor plan with luxurious outdoor spaces, Residence Five offers exceptional living. An intimate foyer with stairs flows up to an inviting casual dining area and palatial great room that provides desirable access to an outdoor covered deck. The beautifully crafted kitchen overlooks the main living space and is complemented by ample counter and cabinet space, a spacious breakfast bar, as well as a roomy pantry. Tucked away off the great room, the elegant primary bedroom suite is highlighted by an expansive primary retreat with a private covered deck, as well as a spacious walk-in closet and a spa-like primary bath complete with a deluxe shower, dual vanities, and a private water closet. A sizable secondary bedroom offers a sizable closet and a shared hall bath. Also offered in Residence Five is a centrally located laundry, an everyday entry with drop zone, and plenty of storage throughout.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,854 | - |
| Lot Size | 1,844 | - |
| Price | $700.0K | $341.8K |
| Price per sq ft | $378 | $259 |
| Built year | 2024 | 0 |
| HOA | $462 | $0 |
| Days on market | 76 | 1211 |
May 7, 2026
$700,000
Initial Listing