27515 N 22ND Lane, Phoenix, AZ 85085, Phoenix, 85085 - 5 bed, 3 bath
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Phoenix, AZ 85085
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $989,000—positioned well below the $1,000,307 Fair Market Value by 1%. This valuation gap offers $11,307 in Instant Equity. The property maintains a Good Condition Rating, featuring a Resort-Style Backyard with a pool, spa, and putting green. Located within walking distance of the highly-rated Norterra Canyon K-8 school, this home balances luxury lifestyle with financial stability. It is an ideal acquisition for Owner-Occupants seeking a turnkey family sanctuary or discerning buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27515 N 22ND Lane Subject | $979,000* List Price | 5 | 3 | 3,574 | $273 | - |
A 27414 N 22ND Lane Sold | $853,000 | 5 | 3 | 3,574 | $239 | 0.1 mi |
B 27323 N COVERED WAGON Road Sold | $900,000 | 6 | 4 | 4,464 | $202 | 0.2 mi |
C 26807 N 24TH Avenue Sold | $894,900 | 4 | 3 | 3,115 | $287 | 0.5 mi |
D 27103 N GIDIYUP Trail Sold | $1,050,000 | 4 | 3 | 3,115 | $337 | 0.4 mi |
E 2009 W BAJADA Road Sold | $825,000 List Price | 5 | 3 | 3,578 | 0.4 mi | |
F 27103 N GIDIYUP Trail Sold | $1,050,000 | 4 | 3 | 3,115 | $337 | 0.4 mi |
G 1919 W BONANZA Lane Sold | $815,000 | 5 | 4 | 3,920 | $208 | 0.7 mi |
H 1806 W YELLOW BIRD Lane Sold | $919,000 | 4 | 4 | 4,007 | $229 | 0.6 mi |
I 2406 W DESPERADO Way Active | $910,000 List Price | 6 | 3 | 3,502 | $260 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is exactly 20 years old, placing it in the 'Good' category. The home is well-maintained and move-in ready, featuring significant upgrades including a modern kitchen with a professional-grade stainless steel range hood, granite countertops, and updated bathrooms. The interior shows high-quality finishes like dark wood flooring and custom barn doors, indicating it has been updated within the 5-15 year window.
The property features an exceptional outdoor oasis including a pool, spa, sunken ramada, and a private putting green, offering a high-end entertainment experience on a spacious corner lot.
With 3,574 square feet of living space, the home includes a movie room, office, and game room, providing the functional flexibility required for modern multi-generational living or remote work.
Situated on a prime corner lot with a park directly behind, the home offers enhanced privacy and is located within walking distance (0.27 miles) of the highly-rated Norterra Canyon K-8 school.
Built in 2006, the property may soon require significant capital expenditures for original systems such as the roof or HVAC units as they approach the end of their typical 20-year lifecycle.
While the elementary/middle school is highly rated, the designated high school and other nearby options have lower ratings, which may be a deterrent for families prioritizing long-term educational consistency.
UPGRADED WITH SO MANY FANTASTIC OPTIONS!!!THIS 5 BED/3 BATH SPECTACULAR SPLIT PLAN WITH FORMAL LIVING, DINING, MOVIE ROOM, OFFICE, GAME ROOM, AND MORE. OPEN KITCHEN, GREAT MASTER, UP GRADED BATHROOMS AND SHOWERS, CUSTOM MASTER CLOSET. OUTSIDE PUTT PUTT, RESORT STYLE POOL/SPA WITH A OUTSIDE SUNKIN RAMADA. PLUS MORE SPACE WITH A RV GATE, SITTING ON A PRIME CORNER WITH A GREAT PARK RIGHT BEHIND THEM. VERY PRIVATE AND QUIET NEIGHBORHOOD.
No exterior & parking available.
Grades K-5 • 18.7 mi
Grades PK-8 • 0.3 mi
Grades 7-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,574 | - |
| Lot Size | 12,760 | - |
| Price | $979.0K | $495.4K |
| Price per sq ft | $274 | $290 |
| Built year | 2006 | 0 |
| HOA | $180 | $0 |
| Days on market | 36 | 1260 |
Jul 18, 2026
$979,000
$989,000
-1% Price Drop
Initial Listing
Jun 16, 2026
$989,000
Initial Listing