2330 E COLTER Street, Phoenix, AZ 85016, Phoenix, 85016 - 5 bed, 6 bath
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Phoenix, AZ 85016
This Rare Biltmore Development Asset is listed at $2,790,000, aligning perfectly with its $2,790,000 Fair Market Value. The property represents a High-Potential Investment Opportunity anchored by an expansive 1.3-acre irrigated lot and no HOA restrictions. Currently holding a Condition Rating of 4, the 1945-built main residence and 800 sqft guest house require modernization to meet contemporary luxury standards. Featuring a private pool and patio in a premier location, this is an ideal acquisition for Luxury Developers or Custom Home Builders seeking a legacy project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2330 E COLTER Street Subject | $2,790,000* List Price | 5 | 6 | 4,599 | $607 | - |
A 5225 N 23RD Street Sold | $2,250,000 List Price | 4 | 5 | 5,097 | 0.1 mi | |
B 5150 N 24th Street Sold | $2,425,000 | 5 | 4 | 3,754 | $646 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1945, this property is well-maintained and retains its 'classic splendor,' but it is significantly dated by modern standards. While the home appears clean and functional with unique architectural elements like flagstone flooring, the kitchen, bathrooms, and systems likely require modernization to meet current luxury expectations, as noted in the listing's suggestion to 'reimagine' the estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 56280, living area = 4599.
Situated on a rare 1.3-acre lot in the prestigious Bartlett Estates with no HOA, providing an unrivaled sense of space, mature landscaping, and freedom in a prime in-town location.
Located moments from Biltmore Fashion Park and the Arizona Biltmore Resort, offering immediate access to world-class dining, luxury shopping, and renowned golf courses.
Built in 1945, the property may require substantial capital investment to modernize its systems and finishes to meet contemporary luxury standards.
The assigned high school carries a lower performance rating, which may be a drawback for families prioritizing top-tier public education.
Rare opportunity to purchase your own in-town acre+ in BARTLETT ESTATES. One of the Biltmore area's most prestigious and seldom offered enclaves, Bartlett Estates presents a rare opportunity to create your own masterpiece on an expansive 1.3-acre lot, backyard irrigated, with NO HOA. A perfect canvas surrounded by mature trees, verdant grounds, and timeless neighboring estates, properties of this caliber and setting are exceptionally rare-offering a once-in-a-generation chance to enjoy the home in its classic splendor or reimagine it into a custom legacy estate. Built in 1945 by renowned architect Bert M. Thorud, the 4,599-square-foot main residence offers a light-filled, expansive floorplan. An 800-square-foot guest residence, complete with a full kitchen, (more) bedroom, and 1.5 baths, provides exceptional flexibility for guests, extended family, or a private creative retreat. The zoning is single family with the option for ADUs. Experience an unrivaled location just moments from the upscale Biltmore Fashion Park, fine dining, designer shops, vibrant nightlife & renowned golf. Minutes away, the Arizona Biltmore Resort elevated by a multi-million-dollar transformation boasts world-class amenities and an iconic ambiance, offering an unmatched blend of prestige, privacy, and proximity.
No exterior & parking available.
Grades 5-8 • 0.9 mi
Grades PK-4 • 1.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 6.0 | 2.0 | 98% |
| Square foot | 4,599 | 1,886.5 | 97% |
| Lot Size | 56,280 | 8,294 | 97% |
| Price | $2.79M | $595.0K | 97% |
| Price per sq ft | $607 | $354 | 87% |
| Built year | 1945 | 1955 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 191 | 1490 | 21% |
Oct 17, 2025
$2,790,000
Initial Listing