2514 E MONTEBELLO Avenue, Phoenix, AZ 85016, Phoenix, 85016 - 3 bed, 3 bath
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Phoenix, AZ 85016
This Exclusive Biltmore Estate is a High-Potential Investment Opportunity, listed at $1,899,000—positioned well below the $2,511,387 Fair Market Value by 24%. This valuation gap offers $612,387 in Instant Equity. Boasting a Good Condition Rating, the residence features a Gourmet Chef's Kitchen with Wolf appliances and a Private Pool within a 24/7 guard-gated community. While the local high school carries a lower rating, the property’s luxury finishes and significant equity make it a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2514 E MONTEBELLO Avenue Subject | $1,899,000* List Price | 3 | 3 | 3,014 | $833 | - |
A 2550 E Denton Lane Sold | $1,595,000 | 4 | 3 | 2,968 | $537 | 0.3 mi |
B 6265 N 31st Place Sold | $1,760,000 | 3 | 4 | 2,745 | $641 | 0.8 mi |
C 6264 N 31ST Way Sold | $1,679,000 | 3 | 3 | 2,750 | $611 | 0.8 mi |
D 6502 N 25TH Way Sold | $1,850,000 List Price | 3 | 3 | 3,315 | 0.8 mi | |
E 6265 N 31st Place Sold | $1,760,000 | 3 | 4 | 2,745 | $641 | 0.8 mi |
F 6264 N 31ST Way Sold | $1,679,000 | 3 | 3 | 2,800 | $600 | 0.8 mi |
G 2521 E Marshall Avenue Active | $1,775,000 List Price | 3 | 4 | 2,734 | $649 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been meticulously maintained with high-end upgrades. The kitchen is a major highlight, featuring professional-grade Wolf and Dacor appliances, a butcher block island, and a 100+ bottle wine fridge. While the home was built in 1981, it has undergone significant remodeling including updated flooring, modern fireplace finishes, and luxury outdoor improvements like travertine pavers. Although some bathroom cabinetry retains a more traditional style, the overall quality of the finishes and the high-end kitchen features align with the 'good' criteria for a well-maintained, updated home.
The kitchen is a standout feature, equipped with premium Wolf and Dacor appliances, a 100+ bottle wine fridge, and a butcher block island, making it an ideal space for high-end entertaining.
Situated in the prestigious Biltmore neighborhood with 24/7 live guard security, the property offers a high level of privacy, safety, and status in a serene atmosphere.
The floor plan includes two primary suites and a large flex room suitable for a gym or office, with all bedrooms featuring private outdoor exits to the pool and patio area.
The assigned public high school has a lower rating of 3/10, which may be a drawback for families prioritizing top-tier public education.
Despite extensive remodeling, the 1981 construction may present older underlying infrastructure or architectural limitations compared to contemporary luxury developments.
Exclusive Biltmore neighborhood, where timeless elegance meets unparalleled convenience. Lush grounds, serene atmosphere & comfort. Remodeled, meticulously maintained 3BR all w/ private outdoor exits. Plus large flex room/family room/office/gym. Private backyard w/ beautiful pool, large covered patio & travertine pavers. Two primary bedrooms w/ walk in closets & 3rd BR with jack & jill to hall bath. Vaulted ceilings. True cook's kitchen awaits, equipped w/ top-of-the-line Dacor and Wolf stainless steel appliances. A butcher block island w/prep sink, party-prep area w/ additional sink & an abundance of cabinets provide an entertainer's dream. Expansive kitchen also boasts a long breakfast bar, generous prep space, a large pantry & a 100+ bottle wine fridge. Guard gate 24/7 w/ live guard.
No exterior & parking available.
Grades 5-8 • 1.1 mi
Grades PK-4 • 1.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 3,014 | 1,886.5 | 86% |
| Lot Size | 9,988 | 8,294 | 79% |
| Price | $1.90M | $595.0K | 90% |
| Price per sq ft | $630 | $354 | 88% |
| Built year | 1981 | 1955 | 82% |
| HOA | $385 | $0 | 89% |
| Days on market | 31 | 1490 | 0% |
Mar 26, 2026
$1,899,000
Initial Listing