2618 S SHANNON Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Southwest-inspired Turnkey Residence is a Prime Investment Opportunity, with a List Price of $575,000 positioned well below the $849,690 Fair Market Value by 32%. This significant valuation gap provides $274,690 in Instant Equity. Boasting an Excellent Condition Rating, the home features a professionally designed kitchen with Bosch appliances, a new foam roof (2024), and a Zen-inspired backyard. Located near McClintock High School, it offers a rare blend of luxury and financial upside. This is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2618 S SHANNON Drive Subject | $575,000* List Price | 3 | 2 | 2,072 | $410 | - |
A 2621 S RIVER Drive Sold | $580,000 | 4 | 2 | 2,103 | $276 | 0.0 mi |
B 1964 E WESLEYAN Drive Sold | $432,000 | 3 | 2 | 1,260 | $343 | 0.4 mi |
C 2639 S BALA Drive Active | $625,000 List Price | 4 | 2 | 2,103 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1978, the property has undergone extensive recent renovations that meet the 'excellent' criteria. Major systems have been recently updated, including a new foam roof (2024), AC (2019), and high-end windows and doors. The kitchen and bathrooms are professionally designed with premium features such as Bosch appliances, a warming drawer, and soft-close cabinetry. The interior is move-in ready with modern tile flooring, updated lighting, and contemporary additions like an EV outlet and mini-splits.
The home features professionally designed kitchen and bathrooms with high-end Bosch appliances, soft-close cabinetry, and a warming drawer, offering a luxury living experience.
Significant capital investments including a new foam roof (2024), AC (2019), and high-end windows/doors ensure energy efficiency and reduced maintenance costs for the new owner.
This move-in-ready home blends Southwest charm with modern convenience, featuring a beehive fireplace, wood beam ceilings, and a Zen-inspired backyard perfect for a lock-and-leave lifestyle.
With a lot size of 5,401 square feet, the outdoor space is relatively compact, which may not appeal to buyers seeking a large yard or significant privacy.
Despite the extensive surface and system renovations, the 1978 build date may present limitations in original floor plan flexibility compared to modern architectural standards.
Southwest inspired details, thoughtful upgrades throughout. The gorgeous kitchen and bathrooms were professionally designed, featuring soft-close cabinetry with dust-sealed construction, convection oven and Bosch microwave, warming drawer, and a two-drawer dishwasher for added convenience. Major improvements include a new AC 2019, foam roof (2024), all new high end windows and doors, water heater (2026), recirculating pump (2024). Added perks include mini splits, EV outlet, and a remote controlled skylight. The living room features a wood beam ceiling and beehive fireplace. Tile throughout. Step outside to a serene, Zen-inspired backyard with multiple conversation areas and a covered patio for year-round enjoyment. A truly turnkey opportunity and excellent lock and leave home
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,072 | 1,763.5 | 71% |
| Lot Size | 5,401 | 8,355 | 1% |
| Price | $575.0K | $404.5K | 81% |
| Price per sq ft | $278 | $251 | 59% |
| Built year | 1978 | 1969 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 2155 | 1% |
Mar 18, 2026
$575,000
Initial Listing