2901 E LAS ROCAS Drive, Phoenix, AZ 85028, Phoenix, 85028 - 4 bed, 3 bath
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Phoenix, AZ 85028
This Fully Renovated Luxury Desert Retreat is a Prime Investment Opportunity, listed at $1,210,000—positioned well below the $1,252,551 Fair Market Value by 3%. This valuation gap provides $42,551 in Instant Equity. Boasting an Excellent Condition Rating, the home features a Taj Mahal Quartz kitchen, panoramic mountain views, and a Pebble Tec diving pool. Proximity to the 8/10 rated Mercury Mine Elementary adds significant long-term value. This turnkey estate is an elite acquisition for Owner-Occupants or Lifestyle-Driven Buyers seeking a sophisticated, maintenance-free sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2901 E LAS ROCAS Drive Subject | $1,210,000* List Price | 4 | 3 | 2,540 | $493 | - |
A 3131 E LAS ROCAS Drive Sold | $1,537,500 | 4 | 3 | 2,560 | $601 | 0.2 mi |
B 3220 E HATCHER Road Sold | $1,270,000 | 4 | 2 | 2,612 | $486 | 0.4 mi |
C 3423 E Beryl Lane Sold | $1,262,500 | 5 | 3 | 2,646 | $477 | 0.9 mi |
D 3220 E HATCHER Road Sold | $1,270,000 | 4 | 2 | 2,598 | $489 | 0.4 mi |
E 9225 N ARROYA VISTA Drive W Sold | $1,015,000 | 4 | 2 | 2,560 | $396 | 0.2 mi |
F 3417 E LAS ROCAS Drive Sold | $1,410,000 | 4 | 3 | 2,331 | $605 | 0.6 mi |
G 9626 N 27TH Street Active Under Contract | $949,000 List Price | 4 | 2 | 2,295 | $414 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive top-to-bottom renovation within the last 5 years. All major systems are new or recent, including a 200A electrical panel, PEX plumbing, sewer lines, HVAC, and roof. The interior features a brand-new modern kitchen with Taj Mahal quartz and shaker cabinets, fully updated bathrooms, and new flooring throughout, meeting the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10225, living area = 2540.
The property has undergone extensive modernization including a new 200A electrical panel, PEX plumbing, new gas and sewer lines, a GAF roof, and synthetic stucco, significantly reducing future maintenance concerns.
The home features a luxury split floorplan with a premium kitchen boasting Taj Mahal Quartz and white shaker cabinets, complemented by a primary suite with a 9-foot shower and dual walk-in closets.
While the elementary school is highly rated at an 8/10, the assigned middle and high schools carry lower ratings of 4/10 and 5/10, which may be a consideration for education-focused buyers.
Despite the thorough high-quality renovations, the home's 1975 origins may result in lower ceiling heights or architectural limitations compared to modern custom builds in the same price tier.
BEST VALUE IN HERITAGE HEIGHTS! $100,000 UNDER APPRAISAL! INSTANT EQUITY! MOUNTAIN & SUNSET VIEWS! Rare Diving Pool! 1/4 AC Lot, Mature landscape/Real Grass. Quiet Street! ALL COMPONENTS UPDATED BY LICENSED SUBS. BUILDER WARRANTY. NEW: 200A panel/fixtures; H2O PEX; Gas Line/Gas H2O Heater; Sewer line. Synthetic Stucco (never paint). RECENT AC, GAF Roof, Vinyl Windows, Pool Pebble Tec. NO STEPS. ADDED HALF BATH. Fireplace in LR. Split Floorplan, PRIMARY BR: 9' Shower AND Soaking Tub; Bidet seat; TWO walk-in closets; 2nd F/P. Generous-Size Guest Bedrooms. New Doors, LED's. OPEN KITCHEN WITH COUNTER SEATING. White Shaker Cabs w/ Soft Close. Glass appliances, Gas Range. Taj Mahal Quartz, Under-cabinet LEDs. ALL NEW BATHS! Putting green. EV Charger, Garage A/C. Security. MOVE-IN READY!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,540 | 2,159 | 73% |
| Lot Size | 10,225 | 10,211 | 50% |
| Price | $1.21M | $635.0K | 84% |
| Price per sq ft | $476 | $332 | 85% |
| Built year | 1975 | 1972 | 65% |
| HOA | $165 | $0 | 90% |
| Days on market | 25 | 1414 | 0% |
Apr 25, 2026
$1,210,000
Initial Listing