
Phoenix, AZ 85086
This Multigenerational Residential Estate is a High-Potential Investment Opportunity, listed at $1,590,000—positioned slightly above the $1,518,581 Fair Market Value. Featuring a Mint Condition Rating following comprehensive renovations, the property includes a main residence and a detached casita, totaling 10-car garage capacity and a diving pool with grotto. With its unique dual-living configuration and significant capital improvements like new solar and HVAC, this asset offers exceptional utility for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2616 W CANYON Road Subject | $1,350,000* List Price | 4 | 4 | 3,640 | $361 | - |
A 38133 N 29TH Avenue Sold | $949,900 | 4 | 3 | 2,530 | $375 | 0.3 mi |
B 39125 N 25TH Avenue Sold | $950,000 | 4 | 3 | 2,962 | $321 | 0.8 mi |
C 2639 W Lavitt Lane Active | $1,150,000 List Price | 4 | 3 | 3,011 | $382 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2003, the property has undergone a comprehensive renovation within the last 5 years. The listing confirms a new roof, new AC, and new windows. Interior images show a modern kitchen with shaker cabinets and stainless appliances, updated bathrooms with contemporary fixtures, and new flooring throughout, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43565, living area = 3640.
The property features two distinct residences on a one-acre lot, including a fully equipped detached casita with its own kitchen and laundry, ideal for extended family or generating rental income.
Boasts a rare 10-car total garage capacity, including a massive 1,100 sq. ft. 6-car detached garage with built-in ductwork, catering perfectly to car enthusiasts or those needing extensive workshop space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3640, other record living area = 2281.
The combination of a full acre lot, a diving pool with complex grotto/waterfall features, and two separate homes requires substantial ongoing maintenance and utility management.
The specific layout of 10 garage stalls and dual living quarters creates a specialized property profile that may limit the pool of traditional buyers, potentially leading to longer market times.
What a deal !!! Rare Opportunity: Two Homes on One Acre with 10-Car Garage Capacity, Resort-Style Pool & Endless Possibilities! Discover the perfect blend of luxury, flexibility, and functionality with this exceptional multi-generational living or income-producing property situated on a full acre. Featuring two separate residences, a spectacular resort-style backyard, and an incredible 10-car garage capacity, this property is truly one of a kind. The main residence offers approximately 2,800 square feet of beautifully updated living space, including 3 bedrooms, 2.5 bathrooms, and a versatile 500-square-foot bonus room complete with its own dedicated A/C system. Ideal as a home office, gym, media room, playroom, or guest space, this flexible area can easily adapt to your needs. Thoughtfully upgraded throughout, the home features a new roof, new HVAC system, new windows, solar power, and numerous additional improvements, providing both comfort and energy efficiency. The attached 4-car garage offers abundant storage and workspace. Thanks to the home's solar production, the current owners have enjoyed no electric bills. The detached casita provides exceptional privacy and independence with 1 bedroom, a spacious living room, a full kitchen, and its own laundry facilities, making it ideal for extended family, guests, or rental income opportunities. Attached to the casita is an impressive 1,100-square-foot, 6-car garage featuring built-in ductwork, perfect for car enthusiasts, hobbyists, workshop space, or future customization. Step outside and enjoy your own private oasis featuring a diving pool with a stunning grotto and waterfall, creating the ultimate setting for entertaining or relaxing year-round. Whether you're seeking a multi-generational estate, a property with substantial garage and workshop space, or a home with rental income potential, this exceptional property offers a rare combination of amenities that are difficult to find in today's market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,640 | 1,820.548 |
| Lot Size | 43,565 | 7,305.343 |
| Price | $1.35M | $470.3K |
| Price per sq ft | $371 | $279 |
| Built year | 2003 | 1986 |
| HOA | $0 | $186 |
| Days on market | 110 | 67 |
Aug 28, 2026
$1,350,000
$1,399,000
-4% Price Drop
Initial Listing
Aug 8, 2026
$1,399,000
$1,435,000
-3% Price Drop
Initial Listing
Jul 17, 2026
$1,435,000
$1,449,000
-1% Price Drop
Initial Listing
Jun 28, 2026
$1,449,000
$1,480,000
-2% Price Drop
Initial Listing
Jun 15, 2026
$1,480,000
$1,590,000
-7% Price Drop
Initial Listing
May 22, 2026
$1,590,000
Initial Listing