2540 E MISTY WILLOW Lane, Phoenix, AZ 85024, Phoenix, 85024 - 5 bed, 3 bath
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Phoenix, AZ 85024
This Spacious Turnkey Residence is listed at $730,000, positioned near its $699,341 Fair Market Value. This price reflects the home's Good Condition Rating and premium upgrades, including a 3-car garage and a versatile 5-bedroom plus office layout. Located on a corner lot in the Paradise Valley School District, the property offers proximity to the 8/10 rated Boulder Creek Elementary and 7/10 rated Pinnacle High. Featuring a low-maintenance backyard with an above-ground spa, this home provides a move-in ready lifestyle sanctuary. It is an ideal match for growing families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2540 E MISTY WILLOW Lane Subject | $725,000* List Price | 5 | 3 | 2,790 | $251 | - |
A 2712 E Quiet Hollow Lane Sold | $740,000 | 5 | 3 | 2,773 | $267 | 0.5 mi |
B 2712 E QUIET HOLLOW Lane Sold | $740,000 | 5 | 3 | 2,773 | $267 | 0.5 mi |
C 2712 E Quiet Hollow Lane Sold | $740,000 | 4 | 3 | 2,773 | $267 | 0.5 mi |
D 2712 E QUIET HOLLOW Lane Sold | $740,000 | 4 | 3 | 2,773 | $267 | 0.5 mi |
E 2242 E SOFT WIND Drive Sold | $650,000 | 4 | 3 | 2,222 | $293 | 0.5 mi |
F 3010 E SHADY SPRING Trail Sold | $590,000 | 3 | 3 | 2,670 | $221 | 0.8 mi |
G 2650 E BEAR CREEK Lane Active Under Contract | $775,000 List Price | 5 | 3 | 2,965 | $261 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property falls within the 10-20 year age range for a 'good' rating. The home is move-in ready and well-maintained with a functional kitchen featuring granite countertops and stainless steel appliances. The primary bathroom shows a modern updated glass shower, and the overall interior, including flooring and paint, appears to be in great condition with minimal wear.
With five bedrooms, an office, and a loft, including a highly desirable downstairs bedroom and full bathroom, this layout offers maximum flexibility for multi-generational living or a home-based business.
The property is ideally situated on a corner lot with easy access to the 101 and 51 freeways and is located within the sought-after Paradise Valley School District, ensuring strong long-term value.
The inclusion of a three-car garage provides significant added value for buyers requiring extra space for vehicles, hobbies, or storage, which is a premium feature in this subdivision.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2790, other record living area = 2734.
While the backyard is low-maintenance with an above-ground spa, the absence of a permanent in-ground pool may be a disadvantage for buyers seeking a traditional Arizona backyard oasis at this price point.
The $209 association fee represents an additional monthly carrying cost that may impact the affordability index for some buyers compared to nearby non-HOA communities.
Desert Peak corner-lot home with paid-off solar. This 5-bedroom, 3-bath layout also includes a dedicated office and loft, giving you the space to live, work, and grow. The open kitchen features a large island, ample storage, and flows seamlessly into the family room and eat-in area. Step outside to a spacious backyard with turf and an above-ground spa--low-maintenance with room to make it your own. A full bedroom and bath downstairs add flexibility, and the 3-car garage offers the storage everyone wants. Located near the 51 and 101 and within the Paradise Valley School District, this is the kind of home buyers hope to find. Come see why Desert Peak is such a hidden gem, with walking paths and a neighborhood park.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,790 | 1,759 | 95% |
| Lot Size | 6,770 | 6,546 | 55% |
| Price | $725.0K | $437.4K | 91% |
| Price per sq ft | $260 | $270 | 43% |
| Built year | 2007 | 1997 | 82% |
| HOA | $209 | $66 | 95% |
| Days on market | 142 | 1732 | 10% |
Apr 23, 2026
$725,000
$730,000
-1% Price Drop
Initial Listing
Dec 5, 2025
$730,000
Initial Listing