
Phoenix, AZ 85009
This Resort-Style Luxury Residence is a Prime Investment Opportunity, listed at $899,000—positioned well below the $1,153,869 Fair Market Value by 22%. This significant valuation gap provides $254,869 in Instant Equity. Boasting an Excellent Condition Rating after an extensive high-end renovation, the home features a gourmet kitchen with Sub-Zero appliances and a private backyard oasis with a heated PebbleTec pool and infrared sauna. While local school ratings are modest, the dual primary suites offer rare functional flexibility. This is a premier acquisition for Owner-Occupants seeking a turnkey sanctuary or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2602 N 20TH Avenue Subject | $870,000* List Price | 4 | 2 | 2,549 | $341 | - |
A 1916 W CAMBRIDGE Avenue Sold | $695,000 List Price | 4 | 3 | 2,165 | 0.2 mi | |
B 2108 W Virginia Avenue Active | $669,000 List Price | 4 | 3 | 2,251 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1956, the property has undergone an extensive, high-end renovation that brings it to current luxury standards. The gourmet kitchen is equipped with premium appliances (Sub-Zero, Fulgor Milano, Fisher & Paykel) and custom Knotty Alder cabinetry. The interior features modern wood-look tile flooring, recessed lighting, and updated dual-pane windows. The bathrooms are fully modernized with designer finishes, and the exterior has been transformed into a resort-style oasis with PebbleTec pool, travertine hardscaping, and integrated smart home features, showing no signs of deferred maintenance.
The property features an extraordinary backyard oasis equipped with a heated PebbleTec pool, dry/infrared sauna, outdoor shower, and a built-in BBQ station, offering a luxury lifestyle rarely found at this price point.
The chef's kitchen is outfitted with premium appliances, including a Sub-Zero refrigerator and Fulgor Milano gas range, complemented by custom Knotty Alder cabinetry and an oversized quartz island.
The floor plan includes two primary suites among its four spacious bedrooms, providing exceptional flexibility for multi-generational families or high-end guest accommodations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2549, other record living area = 2487.
With only two bathrooms serving four bedrooms, the home may face functional challenges for larger households or guests, especially given its positioning as a luxury residence.
The assigned public schools carry relatively low ratings (3/10 and 4/10), which could be a deterrent for families prioritizing education and may impact future appreciation.
Encanto Estates is just one of those Phoenix neighborhoods that leaves a lasting impression. Located just north of Central Phoenix, with mature tree-lined streets and architecturally beautiful homes, this area instills a real sense of belonging. Back in the 1950's, Encanto Estates ''Luxor-Life'' homes were conceived as an upscale, close-in retreat from the central core, and they boasted suburban living with metropolitan convenience. Original base models offered buyers a basic floor plan that they could add any of 38 features they liked. Encanto Estates was one of the few remaining tracts of land downtown that could be developed as single-family residential in 1955. Today, this neighborhood is still as popular as ever! Welcome to your private Phoenix oasis. This fully renovated 2,550 sq ft ranch sits on a rare 9,757 sq ft corner lot and features two primary suites, a gourmet kitchen with high-end appliances, and stunning designer finishes throughout. The backyard is the real star -- a heated Pebble Tec pool, hot tub, infrared and traditional sauna, outdoor shower, built-in BBQ, outdoor fireplace with TV, fire pit, covered patio, and Sonos sound throughout. Perfect for entertaining or relaxing in total privacy. Updated, move-in ready, and loaded with extras like a built-in Sub-Zero fridge, soft water system, and RV parking. Just minutes from the freeways and downtown. If you're looking for resort-style living without the HOA, this is it. Come see it today.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,549 | - |
| Lot Size | 9,757 | - |
| Price | $870.0K | $495.4K |
| Price per sq ft | $341 | $290 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 113 | 1260 |
Jun 24, 2026
$870,000
$880,000
-1% Price Drop
Initial Listing
Jun 16, 2026
$880,000
$889,900
-1% Price Drop
Initial Listing
May 22, 2026
$889,900
$899,000
-1% Price Drop
Initial Listing
Mar 31, 2026
$899,000
Initial Listing