3110 W TIERRA BUENA Lane, Phoenix, AZ 85053, Phoenix, 85053 - 3 bed, 2 bath
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Phoenix, AZ 85053
This property presents a High-Potential Investment Opportunity with a List Price of $510,000—positioned well below the $526,957 Fair Market Value by 3%. This valuation gap offers $16,957 in Instant Equity. Featuring a Condition Rating of 4, the home requires modernization but offers significant upside through its 19,062 sq ft lot, resort-style pool, and 500+ sq ft detached workshop. Ideal for Buy-and-Hold Investors or Owner-Occupants, this asset provides rare flexibility without HOA restrictions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3110 W TIERRA BUENA Lane Subject | $510,000* List Price | 3 | 2 | 2,550 | $207 | - |
A 3325 W AIRE LIBRE Avenue Sold | $390,000 List Price | 4 | 3 | 2,783 | 0.5 mi | |
B 15810 N 30TH Drive Active Under Contract | $460,000 List Price | 3 | 2 | 1,822 | $252 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is over 40 years old and retains many dated features. The kitchen has been refreshed with paint but features older black appliances and laminate-style countertops, while the bathrooms show original-style oak cabinetry and older fixtures. While the home appears well-maintained and functional, the age of the systems (visible roof-mounted HVAC) and the 20+ year old aesthetic of the interior finishes necessitate modernization and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19062, living area = 2550.
The property features an expansive 19,000+ sq ft lot with a sparkling pool, flagstone accents, built-in BBQ, and a private below-ground hot tub, creating a premium environment for entertaining.
A significant 500+ sq ft detached workshop plus an additional storage shed provide exceptional space for hobbies, home businesses, or extensive storage that is rare for the area.
Built in 1981, the home may require updates to major mechanical systems or interior finishes to meet the expectations of modern buyers looking for contemporary energy efficiency and style.
At 2,550 sq ft, the home only provides 3 bedrooms, which represents a lower bedroom-to-square-footage ratio that may not appeal to larger families or those requiring multiple home offices.
Experience resort-style living in this beautifully designed 3-bedroom, 2-bath home offering 2,550 sq ft on an expansive 20,000 sq ft lot. Floor-to-ceiling windows in the enclosed Arizona room highlighting stunning views of the backyard oasis featuring a sparkling resort-style pool, flagstone accents, built-in BBQ, & an outdoor fireplace perfect for entertaining. The spacious primary suite includes an adjoining den with direct backyard access that leads to your private below-ground hot tub. Additional amenities include a detached 500+ sq ft workshop, a large storage shed providing endless flexibility for hobbies & home improvement projects.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 1.1 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 | 2,550 | 1,600 | 96% |
| Lot Size | 19,062 | 8,123 | 97% |
| Price | $510.0K | $345.8K | 93% |
| Price per sq ft | $200 | $225 | 37% |
| Built year | 1981 | 1975 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 1255 | 1% |
May 23, 2026
$510,000
Initial Listing