
Phoenix, AZ 85042
Analysis of 2315 E South Mountain Avenue, Phoenix, AZ 85042 is currently available with a list price of $1,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1989 (36 years old), the property is meticulously maintained and move-in ready but remains largely dated. The kitchen features original-style honey-oak cabinetry and older black appliances, and the carpeted areas reflect an older design aesthetic. While functional, the home requires cosmetic updates to the kitchen and bathrooms to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 99012, living area = 2854.
The expansive 2.27-acre lot offers rare flexibility with no HOA, horse rights, and the potential to split the land for additional residential builds or investment opportunities.
Perfectly positioned for outdoor enthusiasts near South Mountain Preserve trails, while remaining minutes from ASU, Sky Harbor Airport, and Downtown Phoenix.
Built in 1989, the home may require capital improvements or cosmetic updates to meet the contemporary standards expected at this price point.
The large desert acreage and additional workshop structures demand significant ongoing maintenance and landscaping effort compared to traditional subdivision homes.
Private, secluded 2.27 acre property with custom home and separate workshop! Meticulously maintained and built solid by the original owner who was a craftsman. This unique home gives a mid-century modern vibe with a lofty open floor plan and lots of natural light! Enjoy the expansive quiet desert setting with views of the mountain, the city lights, and both sunrise and sunset! Unlimited potential to have toys, animals, pool, sports-courts, etc. The workshop has a one-car garage and a one-car carport can be easily converted to a guest house! The lot can be split to build other homes or to sell a series of lots. A prime location: only minutes to popular hiking & biking trails in the South Mountain Preserve Mormon and Geronimo trails. NO HOA and Horse rights! Mins to ASU, Airport, Downtown! Also Listed as Vacant Land
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,854 | 1,869 | 86% |
| Lot Size | 99,012 | 7,183 | 99% |
| Price | $1.25M | $399.5K | 98% |
| Price per sq ft | $438 | $228 | 99% |
| Built year | 1989 | 2000 | 26% |
| HOA | $0 | $95 | 34% |
| Days on market | 323 | 1434 | 37% |
Jul 18, 2025
$1,250,000
Initial Listing