2846 W VILLA RITA Drive, Phoenix, AZ 85053, Phoenix, 85053 - 5 bed, 3 bath
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Phoenix, AZ 85053
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $475,000—positioned well below the $518,787 Fair Market Value by 8%. This valuation gap provides $43,787 in Instant Equity for the buyer. Featuring a Remodeled Kitchen, Energy-Efficient Windows, and a Private Pool on a large corner lot, the home maintains a Condition Rating of 3. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready home with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2846 W VILLA RITA Drive Subject | $475,000* List Price | 5 | 3 | 2,400 | $216 | - |
A 18225 N 29th Drive Sold | $434,200 | 4 | 2 | 1,690 | $257 | 0.1 mi |
B 3020 W HARTFORD Drive Active | $469,950 List Price | 3 | 2 | 2,018 | $233 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the property has undergone significant recent renovations including a remodeled kitchen with stainless appliances, energy-efficient dual-pane windows, and updated flooring throughout. The home is well-maintained and move-in ready, though some dated elements like popcorn ceilings remain.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11940, living area = 2400.
The home features a fully remodeled kitchen with stainless steel appliances and custom lighting, paired with energy-efficient dual-pane vinyl windows that improve insulation and reduce utility costs.
Situated on a quarter-acre corner lot, the property offers a rare gated concrete RV parking area and a sparkling pool, providing exceptional utility for outdoor enthusiasts and entertainers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 2076.
Built in 1978, the property may have aging major systems such as plumbing or electrical components that could require future capital investment compared to newer builds.
The expansive 11,940 square foot lot and private pool demand consistent time and financial resources for landscaping, water usage, and chemical upkeep.
Discover this 5-bedroom, 3-bath home situated on a premium corner lot of just over a quarter acre. The spacious floor plan offers multiple living areas, wood-look flooring, and a cozy fireplace that creates a warm and inviting atmosphere. The remodeled kitchen is the heart of the home, featuring stainless steel appliances, updated cabinetry, beautiful countertops, and custom lighting above and below the cabinets, creating both style and functionality. Energy-efficient vinyl dual-pane windows and sliding glass doors fill the home with abundant natural light while helping improve comfort year-round. The generously sized primary suite includes an ensuite bath and private access to the backyard. Step outside to enjoy the covered patio, expansive backyard, and sparkling pool--offering plenty of space to relax, entertain, or personalize to your own vision. The property also features a full-length concrete RV parking area with a gated enclosure, providing secure space for your RV, boat, trailer, or additional vehicles. With over a quarter acre of outdoor space and five spacious bedrooms offering endless flexibility for guests, a home office, or hobbies, this exceptional property is ready to welcome its next owner.
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 | 2,400 | - |
| Lot Size | 11,940 | - |
| Price | $475.0K | $495.4K |
| Price per sq ft | $198 | $290 |
| Built year | 1978 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 1260 |
Jul 10, 2026
$475,000
Initial Listing