2802 N PENNINGTON Drive, Chandler, AZ 85224, Chandler, 85224 - 5 bed, 3 bath
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Chandler, AZ 85224
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $575,000—positioned above the $477,378 Fair Market Value. While priced at a premium, the property features a Condition Rating of 2, boasting a modern kitchen with quartz countertops and a rare 500 sq. ft. detached insulated shop. With NO HOA and dual RV gates, this home offers significant utility for hobbyists. It is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or hobbyists requiring extensive, high-quality workspace.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2802 N PENNINGTON Drive Subject | $560,000* List Price | 5 | 3 | 1,606 | $322 | - |
A 1506 W MISSION Drive Sold | $560,000 | 3 | 2 | 1,741 | $322 | 0.3 mi |
B 1226 W ALAMO Drive Sold | $525,000 | 3 | 2 | 1,772 | $296 | 0.4 mi |
C 1506 W ALAMO Drive Sold | $453,000 | 3 | 2 | 1,703 | $266 | 0.3 mi |
D 1103 W MISSION Drive Sold | $460,000 | 4 | 2 | 1,720 | $267 | 0.7 mi |
E 2501 N CHOLLA Street Sold | $600,000 | 4 | 2 | 1,805 | $332 | 0.3 mi |
F 1204 W MCNAIR Street Sold | $507,000 | 3 | 2 | 1,503 | $337 | 0.6 mi |
G 2115 N CENTRAL Drive Sold | $470,000 | 4 | 2 | 1,422 | $331 | 0.7 mi |
H 2006 W SUMMIT Place Sold | $499,000 | 4 | 2 | 1,726 | $289 | 0.7 mi |
I 1608 W ALAMO Drive Active | $515,000 List Price | 4 | 2 | 1,597 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinetry, quartz countertops, and brand-new stainless steel appliances. Interior updates include brand-new flooring, dual-pane windows, and remodeled bathrooms, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8786, living area = 1106.
The rare 500 sq. ft. insulated detached shop with 220V electrical and dual RV gates provides significant value for hobbyists, home businesses, or those needing extensive secure storage.
The interior boasts premium upgrades including a designer kitchen with quartz countertops, white shaker cabinetry, brand-new stainless steel appliances, and a fully remodeled primary shower.
At only 1,106 square feet, the interior living space is relatively small, which may be a constraint for growing families or those desiring larger common areas.
The list price of $575,000 for a 1,100 sq. ft. home built in 1980 places it at a premium price point that may challenge appraisal values compared to larger homes in the vicinity.
Welcome to this beautiful home check all the boxes with NO HOA, 2 RV gates, and a rare 500 sq. ft. detached guest casita with 2 bedrooms, 1 bathroom, kitchenette, and its own laundry room. Inside the main home, you'll love the stunning kitchen featuring white shaker-style cabinetry, quartz countertops, a designer tile backsplash, and brand-new stainless steel appliances. The home has been thoughtfully updated with brand-new flooring throughout, newer interior doors and hardware, dual-pane windows, ceiling fans, blinds, Arcadia doors, and a beautifully remodeled primary bathroom shower. The washer, dryer, and refrigerator are all included, making this home truly move-in ready. Outside, enjoy low-maintenance landscaping and a spacious backyard designed for entertaining, complete with a covered patio and plenty of room to relax or host family and friends.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,606 | - |
| Lot Size | 8,786 | - |
| Price | $560.0K | $527.5K |
| Price per sq ft | $349 | $302 |
| Built year | 1980 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 2748 |
Jul 21, 2026
$560,000
$575,000
-3% Price Drop
Initial Listing
Jun 26, 2026
$575,000
Initial Listing