2720 W HARVEST GROVES Lane, Phoenix, AZ 85041, Phoenix, 85041 - 3 bed, 3 bath
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2720 W HARVEST GROVES Lane
Phoenix, AZ 85041
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,088Sq Ft
15,794Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$502,048
19% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a High-Potential Investment Opportunity, listed at $599,000—positioned well above the $502,048 Fair Market Value by 19%. While priced above market, the property features a Condition Rating of 3, showcasing modern upgrades like a Granite Kitchen and wood flooring. The expansive 15,794 sqft lot and versatile den provide significant utility for long-term value. Despite lower-rated local schools, the home offers a unique lifestyle with a private deck and citrus tree, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home.
Estimated Market Value
$502,048
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2720 W HARVEST GROVES Lane Subject | $599,000* List Price | 3 | 3 | 2,088 | $240 | - |
A 2011 W BRANHAM Lane Sold | $560,000 | 5 | 3 | 2,765 | $203 | 1.0 mi |
B 2115 W BRANHAM Lane Sold | $576,000 List Price | 4 | 3 | 2,628 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005 (21 years old), the home is in well-maintained, move-in ready condition. The kitchen features modern updates including white cabinetry, granite countertops, and stainless steel appliances, while the interior boasts fresh paint and wood flooring.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15794, living area = 2088.
- Modern Interior Upgrades
The home features high-end finishes including vaulted ceilings, a floor-to-ceiling stone fireplace, wood flooring, and a chef’s kitchen equipped with granite countertops and stainless steel appliances.
- Expansive Lot Size
Situated on a nearly 16,000 square foot lot, this property offers significantly more outdoor space than typical residential listings in the area, providing room for gardening, recreation, or future expansion.
CONSRISKS & DEFICIENCIES
- School District Ratings
The local assigned schools, Bernard Black Elementary and Cesar Chavez High, currently hold lower performance ratings, which may be a consideration for education-focused buyers.
- Detached Garage Layout
The 2-car garage is detached from the main residence, which can be a convenience drawback during extreme Phoenix summer heat or inclement weather compared to an attached garage.
About 2720 W HARVEST GROVES Lane
Front landscape included in HOA 3-bedroom home that perfectly blends modern style with timeless charm! From the moment you arrive, you'll be amazed by the 2-car detached garage, stone accents, and a welcoming front porch- the perfect spot to enjoy your morning coffee or unwind in the afternoon. Impressive open floor plan is designed for entertaining and comfortable everyday living, enhanced by wood flooring, vaulted ceilings, a floor-to-ceiling stone fireplace, and fresh paint throughout. Well-appointed kitchen is a chef's dream, fully equipped with SS appliances, crisp white cabinets, granite counters, a walk-in pantry, a center island, and recessed lighting that brightens every corner. Serene main retreat offers direct outdoor access, an ensuite with a soaking tub, and a walk-in clos PLUS! A versatile den provides endless possibilities and can easily serve as an additional bedroom, office, fitness area, or hobby space. Relaxing backyard includes a cozy deck and fragrant citrus tree. Don't let this fantastic opportunity slip by!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 15,794 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300 / Month
Neighborhood Insights
Phoenix Unified Schools
Bernard Black Elementary School
Grades K-8 • 0.3 mi
3/10
Cesar Chavez High School
Grades 9-12 • 1.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,088 | 1,850.5 |
| Lot Size | 15,794 | 7,313 |
| Price | $599.0K | $481.7K |
| Price per sq ft | $287 | $289 |
| Built year | 2005 | 1987 |
| HOA | $300 | $175 |
| Days on market | 14 | 757 |
Pricing History
Listed for Sale
Aug 1, 2026
$599,000
Initial Listing