3048 E STELLA Lane, Phoenix, AZ 85016, Phoenix, 85016 - 3 bed, 2 bath
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Phoenix, AZ 85016
This Refined Golf Course Estate is a High-Potential Investment Opportunity, listed at $1,050,000—positioned well below the $1,185,313 Fair Market Value by 11%. This valuation gap offers $135,313 in Instant Equity. Maintaining a Condition Rating of 3, the residence features a private pool and spa with stunning Piestewa Peak views and direct Biltmore Links access. A rare framed second-level expansion provides a unique path to forced appreciation and increased square footage. Located near Madison District Schools, this property is ideal for Luxury Home-Seekers or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3048 E STELLA Lane Subject | $1,050,000* List Price | 3 | 2 | 1,975 | $600 | - |
A 6205 N 29TH Place Active Under Contract | $1,100,000 List Price | 3 | 2 | 1,786 | $616 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is meticulously maintained and move-in ready, featuring a high-quality outdoor living area with a pool, spa, and modern fire pit. While the 1981 build date and Saltillo tile flooring reflect its original era, the home has been updated with modern light fixtures, a contemporary mosaic fireplace, and neutral paint. The overall condition suggests well-maintained systems and minimal wear, though it has not undergone a full recent renovation.
Situated in a prestigious guard-gated community, the property backs directly onto the Biltmore Links Golf Course and offers stunning views of Piestewa Peak.
A rare expansion opportunity exists with a framed partial second level, allowing buyers to increase square footage and capture even more dramatic mountain views.
The residence features a meticulously maintained exterior with a sparkling pool, spa, and versatile flex space, providing a tranquil retreat in the heart of the city.
Built in 1981, the home may require cosmetic or mechanical updates to align with modern luxury expectations despite its well-maintained condition.
The property is zoned for Camelback High School, which currently holds a lower academic rating, potentially impacting appeal for families prioritizing education.
Meticulously maintained, never-before-offered residence in the highly coveted, guard-gated community of Colony Biltmore. Tucked away on an exceptionally private lot backing directly to the Biltmore Links Golf Course, this refined estate captures breathtaking views of Piestewa Peak and delivers a rare sense of tranquility in the heart of the city. Enjoy the sparkling pool and spa, a covered patio perfect for entertaining, and versatile exterior flex space, ideal for a garden, outdoor workspace, or pet retreat. RARE expansion opportunity, with an existing framed partial second level, offering the potential to unlock even more dramatic views and enhance long-term value. Walking distance to the renowned Arizona Biltmore Resort and moments from the Biltmore Fashion Park, premier golf courses, dining and hiking trails!
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades 5-8 • 1.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,975 | 1,886.5 | 56% |
| Lot Size | 4,905 | 8,294 | 6% |
| Price | $1.05M | $595.0K | 78% |
| Price per sq ft | $532 | $354 | 81% |
| Built year | 1981 | 1955 | 82% |
| HOA | $435 | $0 | 92% |
| Days on market | 80 | 1490 | 2% |
Feb 5, 2026
$1,050,000
Initial Listing