
Phoenix, AZ 85016
This 2025 New Construction Luxury Estate is a Strong Value Opportunity listed at $2,400,000—positioned well below the $2,516,000 Fair Market Value by 5%. This strategic pricing offers $116,000 in Instant Equity for a home featuring a Sub-Zero/Wolf chef's kitchen and a private 800 sqft guest house. Boasting a New Construction Condition, the property includes a custom pool, heated spa, and AC-equipped garage. Located in the Madison School District, this residence is ideal for Luxury Home Seekers or Owner-Occupants seeking a sophisticated, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3035 E COOLIDGE Street Subject | $2,400,000* List Price | 4 | 5 | 3,372 | $636 | - |
A 4833 N 31ST Street Sold | $2,035,000 | 4 | 5 | 3,532 | $576 | 0.2 mi |
B 4833 N 31ST Street Sold | $2,035,000 | 4 | 5 | 3,660 | $556 | 0.2 mi |
C 4414 N 29th Street Sold | $2,525,000 List Price | 4 | 5 | 4,597 | 0.3 mi | |
D 4833 N 31ST Street Active | $2,098,000 List Price | 4 | 5 | 3,660 | $573 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a 2025 new construction luxury estate featuring top-tier Sub-Zero, Wolf, and Cove appliances, spa-inspired bathrooms with high-end marble finishes, and modern architectural lighting. All components, including the flooring, HVAC, and electrical systems, are brand new and meet the highest current quality standards with no physical depreciation.
This 2025 masterpiece features a world-class chef's kitchen with Sub-Zero and Wolf appliances, spa-inspired bathrooms, and a separate 800 sqft guest house, offering modern sophistication and versatile living.
Strategically priced at $2,400,000 despite a professional appraisal of $2,516,000, providing the buyer with over $116,000 in instant equity in the highly desirable Camelback Corridor.
The property boasts a resort-style backyard with a custom pool and heated spa, complemented by rare utility features like an air-conditioned three-car garage and a premium water purification system.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9976, other record lot size in square feet = 6642.
The assigned public schools have relatively low ratings (3-4/10), which may be a concern for luxury buyers with school-aged children prioritizing top-tier public education.
With a main residence, an 800 sqft guest house, and a pool on a sub-10,000 sqft lot, the outdoor space may feel somewhat constrained for buyers seeking expansive private grounds.
2025 NEW CONSTRUCTION MASTERPIECE | $116K INSTANT EQUITY | UNRIVALED 85016 LUXURY. Secure a rare architectural sanctuary professionally appraised at $2,516,000 and strategically offered at $2,400,000 for an immediate sale. This 2025 estate defines modern sophistication, featuring a main residence with 4 bedrooms, 4.5 spa-inspired bathrooms, three elegant fireplaces, and a world-class chef's kitchen with a pristine Sub-Zero, Wolf, and Cove appliance suite. Elevating the property is an 800 sqft guest house--complete with 1 bedroom, a dedicated den, a full bathroom, and its own full-size washer and dryer--offering an elite ''work-from-home'' sanctuary or private retreat. The resort-style grounds are a private oasis, centered around a custom pool, in-ground heated spa, & built in BBQ. Thoughtfully engineered for health and efficiency, the home is equipped with a premium water purification system and an air-conditioned three-car garage with one car carport. Marking total covered parking for 4 vehicles. Located minutes from Biltmore Fashion Park, Piestewa Peak, Safeway, AJ's, Steak 44, The Henry, La Grande Orange, The Global Ambassador, and so much more. This unfurnished "blank canvas" is the single most compelling value in the Phoenix luxury market today!
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades 5-8 • 2.0 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 3,372 | 1,886.5 | 91% |
| Lot Size | 9,976 | 8,294 | 79% |
| Price | $2.40M | $595.0K | 95% |
| Price per sq ft | $712 | $354 | 92% |
| Built year | 2025 | 1955 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 1490 | 1% |
Feb 19, 2026
$2,400,000
Initial Listing