
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 | $2,095,000* List Price | 6 | 6 | 7,282 | $323 | - |
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.
This 2.5-acre, resort-style home is adjacent to the Phoenix Sonoran Desert Preserve and Cove Buttes Recreation Area. Experience both mountain and twinkling city lights as you sit under the covered patio or at the fire pit. Take in the ever-changing sunsets and glimpse weekly hot air balloons as they quietly float over the property. There is a huge loft for an adult game area with an en-suite bedroom and a basement for the kiddos with a bedroom, bathroom, bonus room, and a walkout patio. The main level has 3 bedrooms with their own balcony or patio. There is a short flight of stairs to the primary bedroom off the main level. Two of the bedrooms have their own en-suite bathroom. The backyard is a show stopper with a heated pool and waterfall, fire pit, putting green, outdoor BBQ with countertop seating, and fireplace. Up a short flight of stairs to the primary with sprawling space and an indoor sauna. A two-car garage with an EV charger and a separate single-car garage off the lower walk-out basement that currently showcases a kid's room with an air-hockey table, ping pong table, foosball, and a basketball throwing game. Thirty-six miles of trails begin less than an acre away, to bike or hike. Take in all the native cactus, plants, wildlife, and beautiful views. Easy access to the 101, 17, and 51 highways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 7,282 | 1,820.548 |
| Lot Size | 108,900 | 7,305.343 |
| Price | $2.10M | $470.3K |
| Price per sq ft | $288 | $279 |
| Built year | 1997 | 1986 |
| HOA | $0 | $186 |
| Days on market | 51 | 67 |
Aug 29, 2026
$2,095,000
$2,195,000
-5% Price Drop
Initial Listing
Aug 16, 2026
$2,195,000
$2,295,000
-4% Price Drop
Initial Listing
Aug 7, 2026
$2,295,000
$2,350,000
-2% Price Drop
Initial Listing
Jul 20, 2026
$2,350,000
Initial Listing