322 W CORONADO Road, Phoenix, AZ 85003, Phoenix, 85003 - 4 bed, 3 bath
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Phoenix, AZ 85003
This historic French Provincial residence is a High-Potential Investment Opportunity, listed at $968,000—positioned well below the $1,084,955 Fair Market Value by 10%. This valuation gap provides $116,955 in Instant Equity. Boasting a Condition Rating of 2, the property features a fully-equipped guest house, renovated kitchen, and a 2025 HVAC system. Located in the Willo Historic District, it qualifies for a 50% property tax reduction. This is an exceptional find for Owner-Occupants seeking a move-in ready sanctuary or House-Hackers looking for a high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 322 W CORONADO Road Subject | $899,000* List Price | 4 | 3 | 2,334 | $385 | - |
A 302 W VIRGINIA Avenue Sold | $825,000 List Price | 4 | 3 | 2,196 | 0.6 mi | |
B 306 W CULVER Street Sold | $880,000 | 3 | 3 | 2,450 | $359 | 0.3 mi |
C 331 W CAMBRIDGE Avenue Sold | $850,000 | 3 | 3 | 1,885 | $451 | 0.7 mi |
D 510 W LEWIS Avenue Sold | $699,999 | 2 | 1 | 1,413 | $495 | 0.5 mi |
E 526 W Willetta Street Sold | $850,000 List Price | 3 | 3 | 1,973 | 0.3 mi | |
F 541 W PALM Lane Active | $899,999 List Price | 4 | 3 | 2,415 | $373 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This historic home has been extensively renovated within the last 5 years, featuring a brand-new HVAC system (2025), water heater (2023), and updated supply plumbing. The kitchen and bathrooms are fully modernized with high-end finishes including white shaker cabinetry, solid surface countertops, subway tile with marble accents, and stainless steel appliances. The property is in move-in ready condition with no deferred maintenance and high-quality contemporary fixtures throughout.
Listed on the National Register of Historic Places, this 1941 French Provincial home qualifies for a 50% property tax reduction, providing significant financial advantage for owner-occupants.
The detached 400-square-foot casita features a full kitchen and private HVAC, offering versatile potential for rental income, a creative studio, or a private guest retreat.
The property combines historic charm with peace of mind through substantial updates, including new supply plumbing, a 2016 roof, and a brand-new 2025 HVAC system for the main residence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2334, other record living area = 1934. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The local public schools assigned to this address carry lower ratings (3-4/10), which may be a drawback for families prioritizing high-performing educational districts.
Despite the ample parking provided by the Hollywood drive and RV gate, the property lacks a traditional enclosed garage, which may be a concern for buyers seeking secure, climate-controlled vehicle storage.
Own a piece of Phoenix history AND a revenue stream! This beautifully preserved 1941 French Provincial in Willo comes with a guest house / ADU and 50% property tax reduction for owner-occupants, making this home an extraordinary opportunity for an income-producing short-term or long-term rental. The chic 400 square foot casita offers 1 bedroom, 1 bath and a full kitchen, all finished with the same elevated craftsmanship found throughout the main residence. The historic c.1941 George and Vallie Cornforth main residence is an exquisite example of French Provincial Period Revival architecture set in the heart of the beloved Willo Historic District featuring 3 bedrooms and 2 bathrooms, with a split floorplan. The home's architectural integrity remains beautifully intact with a distinctive mint -hued brick façade, bold vintage front door and classic casement windows. Brand new flooring and baseboards were just installed in May 2026. Timeless interiors feature a renovated kitchen with white shaker cabinetry, solid surface countertops and a full appliance suite, a generous split primary suite with dual walk-in closets and a luxe bath with herringbone marble accents. Substantial infrastructure upgrades include new supply plumbing, new HVAC in 2025 and a new roof in 2016. The private rear yard features sprawling lawns, mature fruit trees and a pergola with alley RV gate access. Listed on the National Register of Historic Places, this is preservation and modern living done right. Minutes from downtown Phoenix, Sky Harbor Airport and beloved neighborhood favorites. A truly irreplaceable piece of Phoenix's architectural heritage.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades PK-8 • 1.0 mi
Grades PK-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,334 | - |
| Lot Size | 7,457 | - |
| Price | $899.0K | $495.4K |
| Price per sq ft | $385 | $290 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 133 | 1260 |
Jun 15, 2026
$899,000
$950,000
-5% Price Drop
Initial Listing
May 28, 2026
$950,000
$968,000
-2% Price Drop
Initial Listing
Mar 12, 2026
$968,000
Initial Listing