
Phoenix, AZ 85016
This Luxury New Construction residence represents a Prime Investment Opportunity, listed at $3,975,000—positioned well below the $4,072,086 Fair Market Value by 2%. This valuation gap provides $97,086 in Instant Equity. Featuring an Excellent Condition Rating, this 2026 build offers a Chef's Kitchen, Heated Pool/Spa, and Mountain Views. While public school ratings are moderate, the elite Biltmore location and high-end craftsmanship ensure long-term desirability. This property is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a turnkey, high-performance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2801 E ELM Street Subject | $3,975,000* List Price | 5 | 6 | 4,936 | $825 | - |
A 2901 E PIERSON Street Active | $3,725,000 List Price | 5 | 7 | 4,506 | $827 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 luxury construction in mint condition. It features a high-end chef's kitchen with professional-grade appliances and Brazilian quartzite, spa-inspired bathrooms with modern tile work, and superior systems including three tankless water heaters and a 400-amp electrical service.
This 2026 new build features exceptional craftsmanship, including 10-15' ceilings, a chef's kitchen with Brazilian quartzite, and energy-efficient spray foam insulation.
Situated in the prestigious Biltmore corridor, the property offers mountain views and a prime location in one of Phoenix's most sought-after luxury neighborhoods.
The home boasts a seamless indoor-outdoor flow with multi-panel sliding doors leading to a heated pool, spa, and a dedicated fitness/yoga room within the primary retreat.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4936, other record living area = 1947. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The assigned public schools carry relatively low ratings (3-4/10), which may be a drawback for luxury buyers prioritizing high-performing public education.
The 5,000-square-foot residence occupies a substantial portion of the 0.33-acre lot, which may limit the availability of expansive yard space for some buyers.
Completed New Build in the heart of the Biltmore corridor! This architecturally designed luxury residence offers 5000 SQF with 5 ensuite bedrooms, 5 baths, soaring 10'-15' ceilings, and seamless indoor-outdoor living. The chef's kitchen features an oversized leathered Brazilian quartzite island, professional-grade appliance package, built-in coffee station, and expansive butler's pantry. The private primary retreat includes dual walk-in closets, a spa-inspired bath, dedicated fitness/yoga room, and in-suite laundry. Designed for modern living, the versatile floor plan offers multigenerational living options, a dedicated office, media room, oversized 3-car garage, RV gate, pool bath, outdoor shower, and a resort-style backyard featuring a heated pool, spa and baja shelf Beyond the impressive floor plan, the home showcases a level of craftsmanship and attention to detail rarely found in today's market. The open-concept floor plan is anchored by multi-panel sliding glass doors that create a seamless connection between the interior living spaces and resort-style outdoor entertaining areas. Additional features include 3 tankless water heaters, energy-efficient dual-pane windows, spray foam insulation including garage, a residential fire sprinkler system and 400 amp electrical service. The backyard has been thoughtfully designed to complement the home's luxury lifestyle, with plans for a heated pool and spa, baja shelf, water features, BBQ area, and resort-style outdoor entertaining spaces. Buyers may have the opportunity to personalize select finishes and design elements prior to close. This is a rare opportunity to own a truly custom luxury residence where timeless architecture, thoughtful design, and exceptional craftsmanship come together in one of Phoenix's most desirable neighborhoods.
No exterior & parking available.
Grades PK-4 • 1.0 mi
Grades 5-8 • 1.7 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 6.0 | 0.0 |
| Square foot | 4,936 | - |
| Lot Size | 14,456 | - |
| Price | $3.98M | $495.4K |
| Price per sq ft | $805 | $290 |
| Built year | 2026 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 1260 |
Jun 18, 2026
$3,975,000
Initial Listing