3164 W MEADOW Drive, Phoenix, AZ 85053, Phoenix, 85053 - 3 bed, 2 bath
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Phoenix, AZ 85053
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $470,000—positioned well below the $440,498 Fair Market Value by -6%. While the list price exceeds the current estimation, the property offers significant long-term utility through its Owned Tesla Solar System and a massive 30'x30' Workshop on a 12,590 sqft Cul-De-Sac Lot. With a Condition Rating of 3, the home is move-in ready with modern bathroom updates and a Private Backyard Pool. This is an ideal acquisition for Owner-Occupants or Home-Based Business Owners seeking a functional, energy-efficient lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3164 W MEADOW Drive Subject | $470,000* List Price | 3 | 2 | 1,522 | $289 | - |
A 2839 W WAGONER Road Sold | $430,000 | 4 | 2 | 1,583 | $272 | 0.9 mi |
B 3208 W JUNIPER Avenue Sold | $370,000 | 3 | 2 | 1,437 | $257 | 0.1 mi |
C 15611 N 30TH Avenue Sold | $425,900 List Price | 3 | 2 | 1,688 | 0.9 mi | |
D 3836 W Kings Avenue Sold | $425,000 | 3 | 2 | 1,806 | $235 | 0.9 mi |
E 2910 W ANDERSON Drive Sold | $440,000 | 3 | 2 | 1,633 | $269 | 0.4 mi |
F 3228 W MURIEL Drive Sold | $385,000 | 3 | 2 | 1,422 | $271 | 0.4 mi |
G 18225 N 29th Drive Sold | $434,200 | 4 | 2 | 1,690 | $257 | 0.8 mi |
H 3351 W JUNIPER Avenue Pending | $415,000 List Price | 3 | 2 | 1,476 | $281 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but features significant modern updates including a fully renovated bathroom with contemporary tile and fixtures, and a high-value owned Tesla solar system. While some areas like the second bathroom remain dated, the home is well-maintained, move-in ready, and includes functional systems and a large workshop.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12590, living area = 1522.
The property features a fully owned Tesla Solar System, resulting in exceptional energy savings with a reported June electric bill of less than $35, offering significant long-term value in the Phoenix climate.
Situated on a massive 12,590 sqft cul-de-sac lot, the home includes a rare 30'x30' oversized workshop, providing ample space for professional projects, vehicle storage, or a home-based business.
The property has undergone four consecutive price reductions within its first 32 days on the market, suggesting initial overpricing and potential challenges in buyer perception of value.
Built in 1979, the home may require more frequent maintenance or updates to its original systems and infrastructure compared to newer residential options in the area.
Welcome to this exceptional 3-bedroom, 2-bathroom home offering space, comfort, and outstanding amenities. Situated on one of the largest lots in the community in a Cul-De-Sac. The thoughtfully designed floor plan features spacious living areas, generously sized bedrooms, and large walk-in closets. The appliances are included, making this home truly move-in ready. No HOA. TESLA SOLAR SYSTEM is OWNED, helping reduce utility costs without a lease or payment assumption. JUNE 2026 ELECTRIC BILL is LESS THAN $35. OVERSIZED 30'X30' WORKSHOP with CAR LIFT for hobbies, projects, vehicles, equipment, or homebased business. Private backyard oasis featuring a sparkling pool, perfect for relaxing and entertaining. Conveniently located near schools, shopping, dining, freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,522 | - |
| Lot Size | 12,590 | - |
| Price | $470.0K | $495.4K |
| Price per sq ft | $309 | $290 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 41 | 1260 |
Jul 7, 2026
$470,000
$480,000
-2% Price Drop
Initial Listing
Jun 30, 2026
$480,000
$490,000
-2% Price Drop
Initial Listing
Jun 23, 2026
$490,000
$500,000
-2% Price Drop
Initial Listing
Jun 11, 2026
$500,000
Initial Listing