
Phoenix, AZ 85018
This 2026 New Construction Montecito Home is a Strong Value Opportunity, listed at $1,645,000—positioned well below the $1,807,991 Fair Market Value by 9%. This valuation gap offers $162,991 in Instant Equity. Boasting a Condition Rating of 2, the residence features a chef's kitchen, separate casita, and 10-foot ceilings with stunning Camelback Mountain views. Located in the premier Arcadia Lite neighborhood near Ingleside Middle School, it balances high-end efficiency with versatile living. This is an exceptional acquisition for Owner-Occupants or Value-Driven Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3002 N 53RD Place Subject | $1,645,000* List Price | 4 | 5 | 4,548 | $398 | - |
A 4920 E OSBORN Road Sold | $1,345,000 | 4 | 3 | 3,009 | $447 | 0.6 mi |
B 4956 E CLARENDON Avenue Active | $1,375,000 List Price | 4 | 3 | 3,038 | $453 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction featuring high-end finishes, a chef's kitchen with top-tier appliances, premium wood flooring, and modern fixtures throughout. As a new build, it meets the highest quality standards with no physical depreciation and includes modern amenities like a separate casita and energy-efficient systems.
The inclusion of a separate casita and a flexible bonus room provides exceptional utility for a home office, gym, or guest accommodations, catering to modern lifestyle needs.
This 2026 new build features 10-foot ceilings and high-end finishes, while boasting an impressively low average monthly utility cost of approximately $208.
Situated in the highly desirable Arcadia Lite neighborhood, the property offers stunning views of Camelback Mountain and Papago Buttes, significantly enhancing its aesthetic appeal.
With over 4,500 square feet of living space on an 8,181 square foot lot, the outdoor yard area is relatively compact, which may limit space for extensive landscaping or recreation.
The assigned public schools carry average ratings (5-6), which could be a consideration for families prioritizing top-tier academic performance in their home search.
Welcome home! This thoughtfully built Montecito Home in the heart of Arcadia Lite offers 4 bedrooms/5 full baths, a flexible bonus room (ideal for a playroom, home office, or guest room), AND a separate casita (ideal for guests, a home office, man-cave, or gym). High 10-ft ceilings. A huge chef's kitchen with an oversized island and top of the line appliances. A large, bright great room with a large stackable sliding glass door floods the room with natural light and creates an open, comfortable feel. Built for real life, the home includes smart storage throughout, premium wood flooring, and no wasted hallways. No dead space. The generous master suite includes a large master bedroom; substantial his-and-her walk-in closets; a large, elegant bathroom complete with his-and-her oversized vanities, a beautiful walk-in shower and a soaking tub framed in its own inviting nook. Set apart from the master suite are 3 well-sized secondary bedrooms each with their own en-suite bathroom. There's also a large flexible bonus room ideal for a home office, playroom, or extra bedroom. A separate casita adds flexibility for guests, a home office, man-cave, or gym. Enjoy the added benefit of $208 average monthly utility costs (GAS/ELECTRIC). The home also offers 2 outdoor living spaces that complement the home's functional and efficient design. The landscape was very thoughtful by installing Ficas trees along the block fencing for added privacy. In a neighborhood framed by stunning Camelback Mtn and Papago Buttes views, the home enjoys a setting that elevates its overall appeal.
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 80% |
| Square foot | 4,548 | 2,715 | 89% |
| Lot Size | 8,181 | 9,936 | 29% |
| Price | $1.65M | $1.20M | 68% |
| Price per sq ft | $362 | $471 | 38% |
| Built year | 2026 | 1961 | 100% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 1537 | 0% |
Mar 17, 2026
$1,645,000
Initial Listing