
Phoenix, AZ 85085
This 8-bedroom residence represents a High-Potential Investment Opportunity, listed at $1,129,000—positioned above the $1,065,515 Fair Market Value. Despite the premium, the property offers exceptional versatility for Corporate Housing Operators or Assisted Living Providers. Featuring an Excellent Condition Rating, the home includes a Granite Kitchen, Mountain Views, and proximity to Norterra Canyon K-8 (Rating 7). While the high-density layout requires strategic management, the property’s unique scale and turnkey finishes make it a compelling asset for those seeking high-yield, multi-use real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2335 W MAYA Way Subject | $1,129,000* List Price | 8 | 4 | 3,265 | $326 | - |
A 2406 W DESPERADO Way Active | $910,000 List Price | 6 | 3 | 3,502 | $260 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is approximately 19-21 years old and falls within the 'Good' range. It is exceptionally well-maintained and move-in ready, featuring upgraded engineered flooring, plantation shutters, and a high-end kitchen with staggered custom cabinetry, granite countertops, and stainless steel appliances. The bathrooms appear updated and functional, showing no signs of deferred maintenance.
With 8 bedrooms, this property is uniquely positioned for high-yield investment opportunities such as assisted living, corporate housing, or short-term rentals.
The interior boasts high-quality finishes including plantation shutters, crown molding, engineered flooring, and a chef's kitchen with custom cabinetry and granite countertops.
Ideally situated near Norterra Shopping Center and major freeways, the home also offers desirable mountain views and excellent curb appeal.
Fitting 8 bedrooms into 3,265 square feet likely results in smaller individual room sizes, which may feel cramped for traditional single-family use.
A standard 2-car garage may be inadequate for a residence designed to accommodate a high number of occupants, potentially creating parking logistical issues.
Impressive 8-bedroom, 4-bathroom home is now on the market! Many potential uses with this property ....primary residence, co-living/corporate housing, assisted living, Airbnb/VRBO, and many more. (buyer to verify all requirements). Fantastic curb appeal, with a manicured landscape, stone-accented facade, and a 2-car garage with plenty of storage space, and a water softener system! Explore the inviting interior, showcasing tile flooring, upgraded engineered flooring in all the right areas, plantation shutters for timeless charm, contemporary lighting, crown molding finishes, built-in cabinetry and shelves for added storage and decor, a soothing palette, and arched passageways connecting every space. The impeccable kitchen features staggered custom cabinet granite counters with a matching backsplash, stainless steel appliances, and a two-tiered island, perfect for midnight snacks and casual dining. The backyard is the perfect spot for relaxation, offering a covered patio ideal for morning coffee and peaceful evenings, and a grass area perfect for games. Perfect location close to freeways and Nortera Shopping Center, providing many options for entertainment/dining.
No exterior & parking available.
Grades K-5 • 18.2 mi
Grades PK-8 • 0.3 mi
Grades 7-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,265 | - |
| Lot Size | 9,559 | - |
| Price | $1.13M | $495.4K |
| Price per sq ft | $346 | $290 |
| Built year | 2005 | 0 |
| HOA | $210 | $0 |
| Days on market | 6 | 1260 |
Jul 16, 2026
$1,129,000
Initial Listing