3038 E AVALON Drive, Phoenix, AZ 85016, Phoenix, 85016 - 4 bed, 3 bath
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Phoenix, AZ 85016
This Renovated Arcadia Lite Residence is a High-Potential Investment Opportunity, listed at $659,999—positioned well below the $787,566 Fair Market Value by 16%. This valuation gap offers $127,567 in Instant Equity. Boasting a Condition Rating of 2, the home features a designer kitchen with stone countertops, exposed wood beams, and a backyard with a sparkling pool and mountain views. Near Biltmore dining and schools like Larry C Kennedy and Camelback High, it balances lifestyle with upside. This is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3038 E AVALON Drive Subject | $659,999* List Price | 4 | 3 | 2,819 | $279 | - |
A 3115 N 26TH Street Sold | $530,000 List Price | 4 | 3 | 2,303 | 0.6 mi | |
B 3930 N 30TH Street Active | $659,900 List Price | 4 | 2 | 2,534 | $260 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1969, this property has undergone an extensive and high-quality recent renovation that aligns with current market standards. The kitchen is fully modernized with white shaker cabinetry, stone countertops, a custom subway tile backsplash, and stainless steel appliances. The interior features a contemporary open floor plan with updated tile flooring, new carpeting, recessed lighting, and stylish exposed wood beams. Additional high-end upgrades include fresh interior paint, updated attic insulation, and a premium backyard retreat featuring a pool and a newly installed putting green, leaving the home in move-in ready condition with no visible deferred maintenance.
Situated in the highly desirable Arcadia Lite corridor, the property offers exceptional proximity to the dining, shopping, and entertainment hubs of both Downtown Phoenix and Old Town Scottsdale.
The private backyard is a true retreat, featuring a sparkling pool with a safety fence, a newly installed putting green, and low-maintenance turf, perfect for entertaining.
The home boasts a contemporary open floor plan with stylish exposed wood beams and a fully updated kitchen featuring stone countertops, shaker cabinetry, and a spacious walk-in pantry.
The assigned public schools for this address currently have lower performance ratings, which may be a concern for families prioritizing top-tier educational districts.
With nearly 2,900 square feet of living space on a 6,887-square-foot lot, the outdoor footprint is relatively compact, potentially limiting additional yard usage or expansion.
Welcome to this beautifully updated 4-bedroom, 2.5-bath home in the highly desirable Arcadia Lite corridor, ideally located between Downtown Phoenix and Old Town Scottsdale. This light-filled home features an open floor plan, exposed wood beams, and inviting spaces designed for both everyday living and entertaining. The updated kitchen offers stainless steel appliances, stone countertops, shaker-style cabinetry, a custom backsplash, and a spacious walk-in pantry. Thoughtful updates throughout reflect pride of ownership and modern comfort. Step outside to your private backyard retreat with a sparkling pool, removable mesh safety fence, newly installed putting green, and low-maintenance turf. Recent improvements include fresh interior paint and added attic insulation for enhanced comfort and efficiency. Close to some of the Valley's best dining, shopping, and entertainment, this home offers the perfect blend of style, comfort, and location.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,819 | 1,886.5 | 83% |
| Lot Size | 6,887 | 8,294 | 21% |
| Price | $660.0K | $595.0K | 59% |
| Price per sq ft | $234 | $353 | 32% |
| Built year | 1969 | 1955 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 1490 | 0% |
Mar 27, 2026
$659,999
Initial Listing