23111 N 40TH Way, Phoenix, AZ 85050, Phoenix, 85050 - 4 bed, 3 bath
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Phoenix, AZ 85050
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $1,100,000—positioned well below the $1,131,169 Fair Market Value by 2%. This valuation gap offers $31,169 in Instant Equity. Featuring a High-End Modern Kitchen and an Excellent Condition Rating, the property includes a private pool and putting green. Located in a top-tier district with a 10/10 rated elementary school, this home is the ideal sanctuary for growing families or discerning owner-occupants seeking a turnkey, high-lifestyle residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23111 N 40TH Way Subject | $1,100,000* List Price | 4 | 3 | 3,508 | $322 | - |
A 23031 N 43RD Place Sold | $1,025,000 | 4 | 3 | 3,208 | $320 | 0.2 mi |
B 3988 E ROBIN Lane Sold | $785,000 List Price | 4 | 3 | 3,339 | 0.4 mi | |
C 4018 E ADOBE Drive Sold | $1,135,000 | 5 | 3 | 3,507 | $324 | 0.5 mi |
D 4536 E WALTER Way Sold | $1,045,000 | 5 | 4 | 3,507 | $298 | 0.5 mi |
E 23116 N 41ST Street Sold | $919,990 List Price | 5 | 3 | 3,508 | 0.0 mi | |
F 4308 E KNUDSEN Drive Sold | $870,000 List Price | 4 | 3 | 2,290 | 0.2 mi | |
G 4615 E NAVIGATOR Lane Sold | $1,100,000 | 4 | 4 | 3,706 | $297 | 0.5 mi |
H 4715 E VIA MONTOYA Drive Sold | $1,080,000 | 5 | 3 | 3,051 | $354 | 0.7 mi |
I 23023 N 43RD Place Pending | $975,000 List Price | 4 | 3 | 3,208 | $304 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2010, the property features a high-end, modern kitchen renovation with Euro-style cabinets and quartz waterfall countertops that appear to be less than 5 years old. The home is in mint condition with significant upgrades including a luxury outdoor living space, pool, and EV charger, qualifying it for the excellent rating.
Elementary School: Desert Trails Elementary School (10/10).
The backyard serves as a private oasis featuring a swimming pool with a waterfall, a putting green, a built-in BBQ, and a firetable, offering a premium turnkey outdoor lifestyle.
The recently updated kitchen boasts trendy Euro-style cabinets, quartz countertops with a waterfall island, and professional-grade stainless steel appliances, catering to modern aesthetic preferences.
For a home exceeding 3,500 square feet with four bedrooms and a loft, the 2.5-bathroom configuration may be considered insufficient for larger families or high-end buyers.
The $230 association fee adds a significant recurring expense that may impact the overall monthly carry cost compared to nearby non-HOA communities.
Modern and Spacious! 3500sqft, 4 Bedroom + Loft, 2.5 Bathroom home in one of North Phoenix's most desirable neighborhoods. Located near Desert Ridge, this thoughtfully designed home combines sleek, modern finishes with everyday functionality. Offering plenty of room to spread out, enjoy two living areas downstairs PLUS a large loft upstairs. The updated Kitchen features trendy Euro-style cabinets, Quartz countertops with waterfall island, large walk-in pantry, RO system, stainless steel appliances including built-in wall oven and gas cooktop. Upstairs, the XL Master Suite plus 3 Bedrooms provide amble space and flexibility for whatever suits your needs. 3Car Garage with built-in cabinets, EV charger & water softener. Outside, mature landscaping and fruit trees ensure privacy... while you enjoy the beautiful swimming pool with waterfall feature, putting green, or just relax on the large covered patio with automatic shades, firetable and built-in BBQ. Welcome to your beautiful dream home!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.5 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,508 | - |
| Lot Size | 8,378 | - |
| Price | $1.10M | $495.4K |
| Price per sq ft | $314 | $290 |
| Built year | 2010 | 0 |
| HOA | $230 | $0 |
| Days on market | 24 | 1260 |
Jun 29, 2026
$1,100,000
Initial Listing