26040 N 5TH Street N, Phoenix, AZ 85085, Phoenix, 85085 - 6 bed, 6 bath
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Phoenix, AZ 85085
This expansive estate represents a High-Potential Investment Opportunity, listed at a List Price of $2,350,000—positioned well below the $2,470,815 Fair Market Value by 4%. This valuation gap offers $120,815 in Instant Equity. Featuring a Condition Rating of 4, the property offers a massive 7,282 sqft layout on a 2.5-acre lot with panoramic mountain views and a private pool. While cosmetic modernization is recommended, the scale is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a luxury canvas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26040 N 5TH Street N Subject | $2,350,000* List Price | 6 | 6 | 7,282 | $339 | - |
A 619 E BRILES Road Active | $1,795,000 List Price | 6 | 6 | 4,652 | $386 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (29 years old), the property falls into the >20y category. While well-maintained and featuring some updates like wood-look tile flooring, the overall interior aesthetic—including the brick fireplace and carpet—is dated and requires modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 7282.
Boasting over 7,200 square feet with six bedrooms and six bathrooms, this estate provides exceptional scale and versatility for large families or multi-generational living.
Situated on a massive 2.5-acre lot with no HOA, the property offers unparalleled privacy and the freedom to add custom amenities like equestrian facilities or a guest house.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =108900, other record lot size in square feet = 107550. Living area discrepancy between mls listing and other public or private record. mls listing living area = 7282, other record living area = 6320.
Built in 1997, the property may require significant cosmetic updates or system overhauls to meet the high-end finish expectations of today’s luxury buyers at the $2.35M price point.
Located in the 85085 zip code, the property's premium pricing may face stiff competition from newer developments or more established luxury enclaves closer to Scottsdale and Paradise Valley.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 6.0 | 0.0 |
| Square foot | 7,282 | - |
| Lot Size | 108,900 | - |
| Price | $2.35M | $495.4K |
| Price per sq ft | $323 | $290 |
| Built year | 1997 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 1260 |
Jul 20, 2026
$2,350,000
Initial Listing