2329 E HATCHER Road, Phoenix, AZ 85028, Phoenix, 85028 - 4 bed, 5 bath
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Phoenix, AZ 85028
This Hillside Residential Estate represents a High-Potential Investment Opportunity, listed at $1,995,000—positioned above the $1,758,223 Fair Market Value. While the property commands a premium for its exclusive location, its Fair Condition Rating and 1994-era finishes provide a clear path for value-add modernization. Featuring a resort-style pool, panoramic mountain views, and a versatile guest studio, the home offers a unique lifestyle for Luxury Homeowners or Value-Add Investors looking to modernize a rare, large-lot asset in the Phoenix Mountain Preserve.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2329 E HATCHER Road Subject | $1,995,000* List Price | 4 | 5 | 4,838 | $363 | - |
A 2404 E Mountain View Road Sold | $1,425,000 | 4 | 3 | 3,454 | $413 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, this 30-year-old home appears to be in its original condition. While the property is exceptionally well-maintained and clean, the kitchen and bathrooms feature dated oak cabinetry, Hollywood-style strip lighting, and older tile/fixtures. It is functional and move-in ready but requires aesthetic updates 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 = 25813, living area = 4838.
Situated in an exclusive gated enclave of only 16 residences, this property offers unparalleled privacy on a cul-de-sac backing directly to the Phoenix Mountain Preserve with private trail access.
The floorplan features two distinct primary suites and a separate upstairs guest studio with its own kitchen, making it ideal for extended family, long-term guests, or a private home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4838, other record living area = 3956.
While the elementary school is highly rated, the assigned middle and high schools have lower ratings (4/10 and 5/10), which may be a consideration for families prioritizing education.
Built in 1994, the home may require cosmetic updates to its nearly 5,000 square feet of living space to align with contemporary luxury trends and buyer expectations at this price point.
Private, elevated, and encircled by the Phoenix Mountain Preserve, this hillside home in a gated enclave of just 16 residences offers mountain views from every window and the community's own entry to the trail system. Set on more than half an acre at the end of a cul-de-sac, this 4bd/3ba home features two true primary suites split for privacy and seclusion. An upstairs guest studio with its own kitchen and half bath is well suited to in-laws, long stays, or a private retreat. The entertainer's backyard delivers a pool, covered patio, built-in BBQ, and outdoor fireplace, all backing to open desert, while a wet bar, den, and 3-car garage complete the home. Custom cabinetry throughout! Minutes from the 51, Scottsdale, and Sky Harbor, yet worlds apart. Homes here rarely come to market.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 4,838 | - |
| Lot Size | 25,813 | - |
| Price | $2.00M | $495.4K |
| Price per sq ft | $412 | $290 |
| Built year | 1994 | 0 |
| HOA | $1200 | $0 |
| Days on market | 6 | 1260 |
Jul 20, 2026
$1,995,000
Initial Listing