3115 E BIGHORN Avenue, Phoenix, AZ 85048, Phoenix, 85048 - 4 bed, 3 bath
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Phoenix, AZ 85048
This Spacious Single-Level Residence in the prestigious Mountain Park Ranch community is a strategic Value-Add Asset. Listed at $700,000, the property is positioned relative to its $580,127 Fair Market Value, reflecting the premium for its private corner lot, mountain views, and covered patio. Holding a Condition Rating of 4, the home requires cosmetic modernization to maximize its 2,778 sqft floor plan and vaulted ceilings. Located in the top-rated Kyrene School District, this property offers significant ROI potential through renovation. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3115 E BIGHORN Avenue Subject | $700,000* List Price | 4 | 3 | 2,778 | $209 | - |
A 15827 S 27TH Way Sold | $656,000 | 4 | 3 | 2,997 | $219 | 0.5 mi |
B 15827 S 27TH Way Sold | $656,000 | 4 | 3 | 2,997 | $219 | 0.5 mi |
C 15827 S 27TH Way Sold | $656,000 | 4 | 3 | 2,997 | $219 | 0.5 mi |
D 2737 E AMBERWOOD Drive Sold | $775,000 List Price | 5 | 3 | 2,885 | 0.7 mi | |
E 15014 S 28TH Street Sold | $565,000 | 4 | 2 | 2,120 | $267 | 0.4 mi |
F 15809 S 31ST Street Sold | $640,000 | 4 | 2 | 2,236 | $286 | 0.3 mi |
G 2639 E VERBENA Drive Active Under Contract | $649,000 List Price | 5 | 3 | 2,933 | $221 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is largely in its original condition and requires cosmetic modernization to meet current standards. While the home is well-maintained and functional, the kitchen features dated Corian countertops and older white appliances, and the carpets show visible wear and staining. The listing explicitly states the home is 'ready for updating,' which fits the criteria for a property over 30 years old with no major recent renovations.
Located in the sought-after Mountain Park Ranch, residents enjoy access to three recreation centers, Jr. Olympic pools, tennis courts, and 25 miles of hiking and biking trails.
This desirable corner lot offers enhanced privacy with no direct neighbors and features beautiful mountain views, adding significant long-term value.
The 2,778 sqft floor plan features soaring vaulted ceilings and a split primary bedroom design, providing an excellent architectural foundation for a modern home.
The property is in original 1993 condition and requires comprehensive cosmetic updates to the kitchen, flooring, and fixtures to meet contemporary standards.
While priced to reflect its condition, the scale of the home means buyers will need a significant additional budget to complete the necessary renovations.
Opportunity in the highly desirable Phoenix 85048 area within the sought-after Mountain Park Ranch community. This amazing single-level home sits on a corner lot with added privacy and no direct neighbors and offers beautiful mountain views. The home features a spacious open floor plan with soaring vaulted ceilings that create a bright, open feel. The split primary bedroom layout provides privacy from the secondary bedrooms. Architectural details, wood shutters, and 6'' baseboards add character throughout. The kitchen opens to the family room and includes Corian countertops and ample storage, creating a functional space for everyday living and entertaining. The primary suite features a custom travertine shower. This property offers a great opportunity for buyers looking to update and customize a home in a prime location. Home is ready for updating and priced to allow buyers to create their own vision. Residents enjoy outstanding community amenities including three recreation centers, Jr. Olympic-size pools, heated spas, children's pools, tennis and pickleball courts, sand volleyball courts, playgrounds, picnic areas and BBQ ramadas. The community also features approximately 25 miles of hiking and biking trails, greenbelts, scenic desert and mountain views, and easy access to South Mountain Park trails. Conveniently located near shopping, restaurants, Phoenix Premium Outlets, I-10 freeway access, and schools within the Kyrene School District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,778 | 2,162 | 73% |
| Lot Size | 8,046 | 6,970 | 66% |
| Price | $700.0K | $450.0K | 84% |
| Price per sq ft | $252 | $219 | 59% |
| Built year | 1993 | 1992 | 56% |
| HOA | $208 | $200 | 65% |
| Days on market | 37 | 1686 | 0% |
Mar 16, 2026
$700,000
Initial Listing