2538 N 50TH Street, Phoenix, AZ 85008, Phoenix, 85008 - 5 bed, 4 bath
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Phoenix, AZ 85008
This Renovated Arcadia Lite Residence is a Strong Value Opportunity, listed at $875,000—positioned well below the $978,411 Fair Market Value by 10%. This valuation gap provides $103,411 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features a modernized kitchen, spa-like primary suite, and a backyard oasis with a pool. Located near Old Town Scottsdale, it balances lifestyle luxury with financial upside despite lower-rated schools like Griffith Elementary. This is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2538 N 50TH Street Subject | $875,000* List Price | 5 | 4 | 2,548 | $384 | - |
A 4617 E CAMBRIDGE Avenue Sold | $1,100,000 | 4 | 3 | 2,867 | $384 | 0.5 mi |
B 5455 E VIRGINIA Avenue Sold | $935,000 | 4 | 3 | 2,450 | $382 | 0.6 mi |
C 5435 E Cambridge Avenue Sold | $834,900 | 4 | 3 | 2,038 | $410 | 0.6 mi |
D 4622 E VIRGINIA Avenue Active | $1,000,000 List Price | 4 | 3 | 2,402 | $416 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1963, the property has undergone an extensive recent renovation that meets current quality standards. The home features a fully updated kitchen with white shaker cabinetry and quartz countertops, a spa-like primary suite with a garden tub and expansive shower, modern wood-look flooring, updated light fixtures, and a well-maintained backyard oasis with a pebble-tec pool and new decking.
The residence features a fully updated kitchen with quartz countertops and a spa-like primary suite, providing a contemporary living experience that rivals newer constructions.
The property boasts a comprehensive backyard oasis including a pebble-tec pool with a waterfall, misters, and an RV gate on a generous 10,000+ square foot lot.
Ideally situated near the high-demand Arcadia Lite area and Old Town Scottsdale, offering residents quick access to top-tier dining, shopping, and entertainment.
The assigned public schools carry lower performance ratings (3 and 4 out of 10), which may be a concern for families prioritizing educational rankings.
Built in 1963, the home may have underlying aged mechanical or structural components that require more maintenance than a modern build despite the aesthetic renovations.
Welcome home to this spacious 5-bedroom, 4-bath residence just outside the sought-after Arcadia Lite area. Ideally located minutes from Old Town Scottsdale and Arcadia's popular dining and shopping, this home sits in a quiet, charming neighborhood. The fully updated kitchen features white shaker cabinetry, quartz countertops, stainless steel appliances, and a large center island with additional seating. An open, inviting floor plan and cozy fireplace make it perfect for everyday living and entertaining. The primary suite offers a spa-like retreat with an expansive walk-in shower, garden soaking tub and oversized walk-in closet. Step outside to a lush backyard oasis complete with a pebble-tec pool, soothing waterfall, and newly coated pool decking. There's ample space for dining, lounging, or soaking up the sun, plus a covered patio with misters. The side yard includes an RV gate, storage shed, and workspace, perfect for all your outdoor toys.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,548 | 1,518.5 | 91% |
| Lot Size | 10,010 | 7,780 | 79% |
| Price | $875.0K | $380.0K | 96% |
| Price per sq ft | $343 | $252 | 76% |
| Built year | 1963 | 1954 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 1569 | 2% |
Feb 19, 2026
$875,000
Initial Listing