2534 W FERNWOOD Drive, Phoenix, AZ 85086, Phoenix, 85086 - 4 bed, 4 bath
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Phoenix, AZ 85086
This Modern Luxury New Construction is a Prime Investment Opportunity, listed at $1,099,900—positioned well below the $1,147,408 Fair Market Value by 4%. This valuation gap provides $47,508 in Instant Equity for a move-in-ready asset. Boasting a Pristine Condition Rating, the residence features a 4-car garage with a 50' RV bay, a gourmet kitchen, and mountain views on an expansive one-acre lot with No HOA. It is the perfect sanctuary for Luxury Home Buyers or Outdoor Enthusiasts seeking utility and elegance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2534 W FERNWOOD Drive Subject | $1,099,900* List Price | 4 | 4 | 2,808 | $409 | - |
A 2811 W Desert Hills Drive Sold | $1,025,000 List Price | 4 | 4 | 3,038 | 0.3 mi | |
B 38822 N 21ST Avenue Sold | $878,000 | 3 | 4 | 2,326 | $377 | 0.6 mi |
C 38718 N 24TH Avenue Active | $1,300,000 List Price | 4 | 4 | 2,926 | $444 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2024 new construction home featuring modern luxury finishes, including a high-end kitchen with stainless steel appliances, wood-look tile flooring throughout, and contemporary fixtures. All systems and components are brand new with no physical depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43564, living area = 2808.
The property features a rare 4-car garage plus a 50-foot attached RV garage, offering unparalleled space for car enthusiasts, travelers, and storage for large recreational vehicles.
As a 2024 build, this home offers the latest in modern luxury design, featuring a desirable split floor plan and high-end finishes that provide a move-in-ready experience with contemporary efficiency.
Being a new construction spec home on a full acre, the buyer will likely need to budget significant additional capital to landscape and finish the expansive outdoor areas.
Located in the northern 85086 area, the property may present a challenge for those requiring frequent access to central Phoenix or the East Valley due to longer commute times.
This stunning new construction spec house embodies modern luxury and spacious living on an expansive flat acre lot. Spanning 2810 square feet with 50' RV garage, this meticulously crafted home features a desirable split floor plan, offering 4 bedrooms and 3.5 bathrooms -- perfect for both family privacy and comfort. At the heart of the home lies a beautifully designed kitchen, ideal for entertaining guests or enjoying family meals. The expansive living area flows effortlessly from the kitchen, creating a welcoming atmosphere for gatherings. A standout feature of this property is the coveted 4-car garage, complete with an attached RV garage, catering to car enthusiasts and travelers alike. Enjoy the perfect blend of elegance and functionality in a home designed for a modern lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 2,808 | 2,208 | 72% |
| Lot Size | 43,564 | 7,820 | 81% |
| Price | $1.10M | $460.0K | 93% |
| Price per sq ft | $392 | $239 | 96% |
| Built year | 2024 | 2003 | 98% |
| HOA | $0 | $288 | 21% |
| Days on market | 34 | 1741 | 0% |
Mar 19, 2026
$1,099,900
Initial Listing