
Phoenix, AZ 85032
This Brand-New Construction Home is a High-Potential Investment Opportunity, listed at $410,000—positioned well below the $469,207 Fair Market Value by 12%. This valuation gap offers $59,207 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this turnkey property offers modern open-concept living and zero maintenance. With No HOA and proximity to the SR-51 corridor, it provides both lifestyle convenience and financial stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2709 E PHELPS Road Subject | $410,000* List Price | 3 | 3 | 1,650 | $284 | - |
A 16243 N 27TH Street Sold | $360,000 List Price | 3 | 2 | 1,488 | 0.2 mi | |
B 16243 N 27TH Street Sold | $399,900 List Price | 3 | 2 | 1,488 | 0.2 mi | |
C 2624 E ANDERSON Drive Sold | $472,450 | 4 | 2 | 1,514 | $312 | 0.4 mi |
D 2650 E HARTFORD Avenue Sold | $438,000 | 3 | 2 | 1,532 | $286 | 0.3 mi |
E 2626 E LIBBY Street Sold | $389,000 | 3 | 2 | 1,344 | $289 | 0.7 mi |
F 2650 E HARTFORD Avenue Sold | $438,000 | 3 | 2 | 1,521 | $288 | 0.3 mi |
G 2640 E BEVERLY Lane E Active Under Contract | $410,000 List Price | 3 | 2 | 1,513 | $271 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction featuring modern open-concept living, all-new stainless steel appliances, contemporary kitchen finishes, and pristine systems, requiring zero maintenance.
As a 2026 build, this home offers the latest in modern design, energy efficiency, and contemporary finishes, providing the peace of mind that comes with a completely new structure and appliances.
The absence of a Homeowners Association allows for greater owner flexibility and eliminates monthly dues, making it a rare find for new construction in the Phoenix area.
The property's proximity to the SR-51 corridor ensures convenient access to downtown Phoenix, major employment hubs, and a variety of local shopping and dining amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1650, other record living area = 470.
The assigned public schools for this address currently hold low ratings (ranging from 2 to 4), which may be a significant drawback for families prioritizing high-performing educational districts.
With 1,650 square feet split among three bedrooms and three bathrooms, the individual room sizes and common areas may feel somewhat constrained for buyers seeking a more expansive living space.
Welcome to 2709 E Phelps Rd, Phoenix, AZ 85032! This brand-new construction home, completed this year, offers modern living with a spacious open-concept floor plan designed for comfort and entertaining. Enjoy all-new finishes, new appliances, and the peace of mind that comes with owning a completely new home. Best of all, there's NO HOA! Conveniently located near the SR-51 corridor, providing easy access to commuting, shopping, dining, entertainment, and everyday amenities. Don't miss this opportunity to own a beautiful new construction home in a prime Phoenix location.
No exterior & parking available.
Grades PK-3 • 0.5 mi
Grades 4-6 • 0.6 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,650 | - |
| Lot Size | 6,214 | - |
| Price | $410.0K | $495.4K |
| Price per sq ft | $248 | $290 |
| Built year | 2026 | 0 |
| HOA | $0 | $0 |
| Days on market | 48 | 1260 |
Jun 5, 2026
$410,000
Initial Listing