301 W Cypress Street, Phoenix, AZ 85003, Phoenix, 85003 - 4 bed, 4 bath
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Phoenix, AZ 85003
This Spacious Historic Residence is a Strong Value Opportunity, listed at $1,490,000—positioned well below the $1,571,589 Fair Market Value by 5%. This valuation gap offers $81,589 in Instant Equity. Featuring a Condition Rating of 3, the home includes a 634 sq ft guest apartment, heated/chilled pool, and granite kitchen. This property balances historic charm with modern utility, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-end lifestyle property in the Willo district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 301 W Cypress Street Subject | $1,490,000* List Price | 4 | 4 | 3,337 | $471 | - |
A 335 W CAMBRIDGE Avenue Sold | $1,250,000 | 4 | 3 | 2,784 | $449 | 0.4 mi |
B 348 W PORTLAND Street Sold | $1,499,000 List Price | 3 | 3 | 2,886 | 0.8 mi | |
C 505 W CORONADO Road Sold | $1,100,000 | 2 | 3 | 2,139 | $514 | 0.3 mi |
D 505 W CORONADO Road Sold | $1,100,000 | 3 | 3 | 2,127 | $517 | 0.3 mi |
E 69 W LYNWOOD Street Pending | $1,550,000 List Price | 5 | 4 | 3,661 | $423 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1950, the property has undergone a comprehensive renovation likely within the 10-20 year range. The kitchen features granite countertops, high-end stainless steel appliances, and updated cabinetry. The interior shows consistent large-format tile flooring, recessed lighting, and updated systems. The property is well-maintained and move-in ready, though the aesthetic finishes are slightly dated compared to current modern trends.
The property features a fully equipped 634 sq ft guest apartment with a full kitchen above the garage, providing an excellent opportunity for rental income or a private multi-generational living arrangement.
The backyard is a high-end private oasis equipped with a heated and chilled pool, built-in gas grill, and a gas fire pit, making it ideal for year-round outdoor entertaining in the Arizona climate.
Located in the prestigious Willo historic district, this home offers a rare combination of over 3,300 square feet of living space and a single-level main house layout, which is highly sought after in this neighborhood.
As a property built in 1950 within a historic district, it may require more specialized and frequent maintenance compared to newer builds to preserve its character and infrastructure.
With over 3,300 square feet of living space and a guest house on an 8,965 sq ft lot, the property has a high building-to-land ratio, which may feel restrictive for buyers desiring a large traditional lawn or garden space.
Amazing opportunity to own over 3,300 square feet of living space in the highly desirable Willo historic district. The main house spans 2,703 sq ft and features 3 bedrooms, 3 bathrooms, and a versatile den, all conveniently located on the ground level with zero steps. Above the 2 car garage, a fully equipped 634 sq ft apartment offers 1 bedroom, 1 bathroom, and a full kitchen, the perfect setup for multi-generational living or an income-producing property. Built for hosting, the home boasts an open-layout living area complete with a dedicated bar. Outside, low-maintenance landscaping makes upkeep a breeze. The backyard is a private oasis featuring a heated and chilled pool, built-in gas grill, and a gas fire pit to make year-round entertaining effortless. Fully fenced and gated property. Fully fenced and gated for ultimate privacy and security, this is a rare opportunity to own a one-of-a-kind property in Willo."
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,337 | - |
| Lot Size | 8,965 | - |
| Price | $1.49M | $482.6K |
| Price per sq ft | $447 | $286 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 31 | 1359 |
May 25, 2026
$1,490,000
Initial Listing