2206 W RANCHO Drive, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 2 bath
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Phoenix, AZ 85015
This Fully Remodeled Mid-Century Residence is a Prime Investment Opportunity, listed at $450,000—positioned well below the $471,900 Fair Market Value by 4%. This valuation gap provides $21,900 in Instant Equity. Boasting an Excellent Condition Rating after a comprehensive 2025 renovation, the home features wood-look laminate flooring, a modernized kitchen, and a private patio on a 9,618 sqft corner lot with No HOA. Located in central Phoenix near R E Simpson School, it is a turnkey asset for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2206 W RANCHO Drive Subject | $450,000* List Price | 4 | 2 | 1,916 | $246 | - |
A 6221 N 20TH Lane Sold | $510,000 | 3 | 2 | 1,919 | $266 | 0.5 mi |
B 2216 W BERRIDGE Lane Sold | $525,000 | 4 | 2 | 1,927 | $272 | 0.3 mi |
C 2101 W LUKE Avenue Sold | $434,300 | 4 | 2 | 1,945 | $223 | 0.3 mi |
D 2122 W KEIM Drive Sold | $404,500 | 4 | 2 | 1,898 | $213 | 0.4 mi |
E 2035 W CLAREMONT Street Sold | $400,000 | 4 | 2 | 1,613 | $248 | 0.5 mi |
F 2239 W BETHANY HOME Road Sold | $359,900 | 4 | 2 | 1,342 | $268 | 0.1 mi |
G 2303 W MARSHALL Avenue Active | $415,000 List Price | 4 | 3 | 2,149 | $193 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive top-to-bottom renovation in 2025, featuring brand-new wood-look laminate flooring, fully updated bathrooms with modern vanities and fixtures, new windows, and fresh interior paint. As a 1953 home extensively renovated within the last year, it meets the criteria for excellent condition with all major interior components being new or virtually new.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9618, living area = 1916.
The property underwent a complete top-to-bottom remodel in 2025, featuring new windows, wood-look laminate flooring, and modern kitchen and bathroom updates, offering a turnkey, move-in-ready experience.
Situated on an oversized 9,618 sq ft corner lot, the property provides ample outdoor space and the freedom of no homeowner association restrictions, ideal for customization or additional storage.
The assigned public schools for this address have low performance ratings (ranging from 1 to 3), which may be a significant drawback for families prioritizing education.
Despite the modern cosmetic updates, the original 1953 construction may still feature older underlying systems or structural elements typical of mid-century homes that require ongoing monitoring.
Completely remodeled in 2025, this move-in ready Phoenix home offers 1,916 sq ft on a large 9,618 sq ft corner lot with no HOA. The extensive renovation includes new windows, wood-look laminate flooring, a fully updated kitchen, and beautifully remodeled bathrooms, creating a bright and modern interior. The spacious layout provides comfortable living and great flow for entertaining. Outside, the low-maintenance landscaping makes it easy to enjoy the oversized lot with minimal upkeep. Located in central Phoenix with quick access to major freeways, shopping, dining, and entertainment, making commuting and everyday living incredibly convenient. A rare opportunity to own a fully updated home on a large corner lot with no HOA.
No exterior & parking available.
Grades K-3 • 1.1 mi
Grades 4-8 • 0.5 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,916 | 1,474.5 | 78% |
| Lot Size | 9,618 | 7,693 | 82% |
| Price | $450.0K | $370.0K | 72% |
| Price per sq ft | $235 | $263 | 40% |
| Built year | 1953 | 1951 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 994 | 1% |
Mar 6, 2026
$450,000
Initial Listing