
Phoenix, AZ 85024
This Renovated Single-Family Residence is a Prime Investment Opportunity, listed at $540,000—positioned well below the $555,704 Fair Market Value by 2%. This valuation gap provides $15,704 in Instant Equity for a property in Excellent Condition. The home features modern wood-look flooring, vaulted ceilings, and breathtaking mountain views, complemented by access to the top-rated 8/10 Boulder Creek Elementary. Located near Desert Ridge and the 101 Freeway, it offers a seamless blend of lifestyle and value. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2135 E MARIPOSA GRANDE Street Subject | $530,000* List Price | 3 | 2 | 1,498 | $354 | - |
A 23651 N 22nd Way Sold | $530,000 | 3 | 2 | 1,518 | $349 | 0.2 mi |
B 2119 E DALEY Lane Sold | $599,900 List Price | 3 | 2 | 1,600 | 0.8 mi | |
C 2508 E PARAISO Drive Sold | $540,000 | 3 | 2 | 1,460 | $370 | 0.7 mi |
D 2160 E CASITAS DEL RIO Drive Sold | $535,350 | 3 | 2 | 1,553 | $345 | 0.4 mi |
E 2508 E PARAISO Drive Sold | $540,000 | 3 | 2 | 1,460 | $370 | 0.7 mi |
F 23651 N 22ND Way Sold | $530,000 | 3 | 2 | 1,518 | $349 | 0.2 mi |
G 2045 E CHARLOTTE Drive Pending | $673,500 List Price | 3 | 2 | 1,612 | $418 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1999, this property has undergone extensive recent renovations that align with current modern standards. The interior features high-quality, contemporary wood-look flooring throughout, updated bathrooms with modern vanities and fixtures, and a move-in-ready aesthetic. The kitchen includes stainless steel appliances, and the overall maintenance of the home, including the vaulted ceilings and updated lighting, indicates a high level of care and recent investment in quality finishes.
The property is perfectly positioned within the Mountain Gate community to offer stunning, direct mountain views, providing a premium natural backdrop that enhances the home's overall appeal.
The residence has been thoughtfully updated with high-quality finishes and meticulous attention to detail, offering a completely move-in-ready experience that stands out in the current market.
Ideally situated with quick access to the 101 Freeway, Desert Ridge, and Reach 11, the home is also served by highly-rated schools, including Boulder Creek Elementary.
With 1,498 square feet of living space, the home may feel somewhat restrictive for larger families or those seeking expansive common areas.
The 5,500 square foot lot offers limited backyard space, which may be a drawback for buyers looking for significant outdoor recreation area or private pool potential.
Welcome home to an exceptional residence in the highly sought after Mountain Gate community, where charm, comfort, and breathtaking mountain views come together in perfect harmony. From the moment you arrive, you'll be captivated by the stunning scenery right outside the front door, an everyday reminder of just how special this location truly is. This home has been thoughtfully updated beyond what you can imagine, offering a move in ready experience with modern finishes, quality craftsmanship, and meticulous attention to detail throughout. Every space has been designed to blend style and function, creating a warm, inviting atmosphere ideal for both everyday living and entertaining. Great access to Desert Ridge, Reach 11 and the 101 Freeway.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 2.4 mi
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 | 1,498 | 1,751.5 | 32% |
| Lot Size | 5,500 | 6,492 | 31% |
| Price | $530.0K | $437.4K | 62% |
| Price per sq ft | $354 | $271 | 85% |
| Built year | 1999 | 1997 | 62% |
| HOA | $104 | $66 | 67% |
| Days on market | 80 | 1732 | 2% |
Apr 16, 2026
$530,000
$540,000
-2% Price Drop
Initial Listing
Feb 5, 2026
$540,000
Initial Listing