
Phoenix, AZ 85029
This Fully Renovated Luxury Residence is listed at $599,000, reflecting a premium for its Condition Rating of 2 and proven income-producing history. While positioned above the $552,256 Fair Market Value, the property justifies its valuation through extensive high-end upgrades including a Solar-Heated Diving Pool, Vaulted Ceilings, and a new Outdoor Firepit. Currently operating as a successful Airbnb, the home offers a turnkey transition for those seeking a desert sanctuary or a stable rental. This is an ideal fit for Owner-Occupants or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3017 W SAHUARO Drive Subject | $599,000* List Price | 5 | 2 | 2,143 | $258 | - |
A 3002 W MERCER Lane Sold | $460,000 | 5 | 3 | 2,190 | $210 | 0.1 mi |
B 11220 N 37TH Avenue Sold | $480,000 | 5 | 2 | 2,341 | $205 | 0.9 mi |
C 3009 W GAIL Road Sold | $490,000 | 4 | 2 | 1,786 | $274 | 0.2 mi |
D 3023 W SAHUARO Drive Sold | $424,000 | 3 | 2 | 1,725 | $246 | 0.0 mi |
E 11430 N 37TH Avenue Active | $519,900 List Price | 5 | 3 | 2,025 | $257 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1971, the property is described as a fully renovated luxury home. It features modern LVP flooring, recessed lighting, fresh interior/exterior paint, and updated systems including a new heater and garage door. The outdoor space is also fully updated with new pavers and a solar-heated pool, meeting the criteria for a high-end renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8729, living area = 2143.
Currently operating as a successful income-producing Airbnb, this fully renovated property offers immediate cash flow and a proven track record for short-term rental investors.
The property features a solar-heated diving pool, new professional landscaping with pavers and turf, and an outdoor firepit, creating a high-end desert oasis perfect for entertaining.
With five bedrooms but only two bathrooms, the property may experience functional bottlenecks during high-occupancy stays, which could impact guest comfort or resale appeal.
Despite the extensive renovations, the 1971 build date suggests that core structural elements and underground utilities may be nearing the end of their typical lifecycle compared to newer constructions.
Currently a very successful INCOME PRODUCING Air BnB! BEAUTIFUL Fully renovated 5 BEDRM & 2 BATH Luxury Home is located in the center of Phoenix. Walking distance to shops and restaurants. 15 miles to PHX Cardinal football Stadium and Suns basketball arena. This Home features - Diving Solar Heated Pool - Brand new Garage door and myQ Opener - Walk-in Closet - Indoor Fireplace and outdoor firepit - new front/back landscape (pavers/tuff) - Vaulted ceilings - new heater - Freshly painted inside/outside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,143 | - |
| Lot Size | 8,729 | - |
| Price | $599.0K | $495.4K |
| Price per sq ft | $280 | $290 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 1280 | 1260 |
Jan 20, 2023
$599,000
Initial Listing