3115 S Magnolia Lane, Chandler, AZ 85286, Chandler, 85286 - 3 bed, 3 bath
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Chandler, AZ 85286
This Turnkey Gated Residence is a Prime Investment Opportunity listed at $489,000—positioned well below the $501,718 Fair Market Value by 2%. This strategic entry point provides $12,718 in Instant Equity. Boasting an Excellent Condition Rating, the home features Modern Interior Finishes like maple cabinetry, tile flooring, and a versatile Bonus Loft. Located in the amenity-rich Layton Lakes community within the Chandler Unified School District, this property offers a seamless blend of lifestyle and value. It is an ideal match for growing families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3115 S Magnolia Lane Subject | $489,000* List Price | 3 | 3 | 1,928 | $260 | - |
A 3702 E DOGWOOD Drive Sold | $470,000 | 3 | 3 | 1,957 | $240 | 0.1 mi |
B 3183 S MAGNOLIA Lane Active | $475,000 List Price | 3 | 3 | 1,928 | $246 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year threshold for an excellent rating. The interior is well-maintained and move-in ready, featuring modern recessed lighting, maple cabinetry, and a combination of large-format tile and upgraded carpeting. All systems and finishes appear to be in near-original condition with no visible deferred maintenance.
Built in 2016, the home features contemporary upgrades including maple cabinetry, tile flooring throughout main living areas, and upgraded carpeting in the bedrooms.
Situated within a gated master-planned community, the property offers enhanced security and access to premium amenities including a playground and water play area.
The 1,928 sqft layout includes an open great-room and a bonus loft space, providing excellent flexibility for a home office, media room, or play area.
With a lot size of only 3,163 sqft, the property offers a relatively small yard, which may be a drawback for buyers seeking significant private outdoor space or gardening opportunities.
The association fee of $387 represents a significant recurring carrying cost that may impact the overall monthly affordability for budget-conscious buyers.
The house is in master plan community with gate. 2 stories house includes 3 bedrooms with loft and 2.5 bathroom, has 2-car garage, open great-room, maple cabinets, tile throughout the home with upgraded carpet in the bedrooms. Nice community play ground with water play area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,928 | - |
| Lot Size | 3,163 | - |
| Price | $489.0K | $527.5K |
| Price per sq ft | $254 | $302 |
| Built year | 2016 | 0 |
| HOA | $387 | $0 |
| Days on market | 113 | 2748 |
Mar 31, 2026
$489,000
Initial Listing