
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 | $968,000* List Price | 4 | 3 | 2,334 | $465 | - |
A 505 W CORONADO Road Sold | $1,100,000 | 3 | 3 | 2,127 | $517 | 0.1 mi |
B 302 W VIRGINIA Avenue Sold | $825,000 List Price | 4 | 3 | 2,196 | 0.6 mi | |
C 120 W CORONADO Road Sold | $884,000 List Price | 4 | 3 | 2,068 | 0.1 mi | |
D 120 W CORONADO Road Sold | $680,000 List Price | 4 | 3 | 2,068 | 0.1 mi | |
E 505 W CORONADO Road Sold | $1,100,000 | 2 | 3 | 2,139 | $514 | 0.1 mi |
F 514 W MONTE VISTA Road Sold | $930,000 | 3 | 2 | 1,773 | $525 | 0.3 mi |
G 330 W ALMERIA Road Pending | $1,000,000 List Price | 5 | 3 | 2,368 | $422 | 0.1 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.
The historic c.1941 George and Vallie Cornforth residence, located in the idyllic Willo historic district, is an exquisite example of French Provincial Period Revival architecture offering 2,334 total square feet of livable space with 4 bedrooms and 3 bathrooms. The main residence spans 1,934 square feet with 3 bedrooms and 2 bathrooms, while the fully-equipped guest house provides an additional 400 square feet with 1 bedroom and 1 bathroom. Lovingly preserved and remodeled by successive stewards, the enduring spirit of this historic home has only grown richer with time. The home's architectural integrity remains beautifully intact, defined by a distinctive mint-hued brick façade, bold vintage front door and classic casement windows with decorative shutters. A Hollywood drive can accommodate multiple vehicles and leads to an RV gate with access to the guest house and rear yard, while a cozy patio greets guests at the entry. The updated interiors are both timeless and adaptable, offering a classic foundation that complements a wide range of design aesthetics. A rare find in Willo, this home features an impressive scale of open living spaces. Wood-look tile flooring, tall baseboards and elegant casement picture windows create a graceful continuity between rooms. The formal dining room provides a beautiful setting for gatherings and opens to the kitchen for effortless entertaining. The renovated and expanded kitchen blends timeless design with incredible craftsmanship, finished with elevated materials that complement the home's historic character. White shaker-style cabinetry with decorative millwork pairs with solid surface countertops and a tile backsplash for a timeless aesthetic. The appliance suite includes a stainless steel range/oven, French-door refrigerator and built-in microwave. A built-in china cabinet with glass uppers and drawers adds a vintage vibe that nods to the home's origins, while a walk-in pantry provides generous storage. Breakfast bar seating, recessed lighting and designer light fixtures enhance the space. There is room to incorporate a substantial island, if desired. The main residence offers 3 true bedrooms and 2 baths. The split primary suite is generously scaled, offering space for both a sitting area and home office, and opens to the rear yard through 2 sets of doors. Additional features include double-door entry, multiple windows and 2 spacious walk-in closets. The primary bath features a luxe walk-in shower with subway tile, herringbone marble accents, built-in niche and frameless glass enclosure, along with a classic white double vanity with solid surface counters, plus a private water closet with dual-flush toilet. The hall bath carries the same cohesive design, with subway-tiled tub/shower surround with marble accent tile and built-in niche, shaker-style cabinetry, solid surface counters and dual-flush toilet. Additional bedrooms feature updated flooring, ceiling fans and tall baseboards, continuing the home's clean, timeless aesthetic. A shiplap-accented passage leading to the primary suite incorporates mudroom-style storage with hanging hooks and built-in drawers for shoes and daily essentials. The chic 400-square-foot guest house offers 1 bedroom, 1 bath and a full kitchen. The efficient kitchen features white shaker-style cabinetry, solid surface counters and appliance package with stainless steel range/oven, built in microwave and full-sized refrigerator. The open layout allows flexible configuration for living and dining space. The timeless bath includes a subway-tiled shower, shaker-style vanity with solid surface counter and a dual-flush toilet. A newly-serviced central HVAC system ensures year-round comfort. This casita offers a versatile retreat ideal for guests, a creative studio or potential income-producing short-term rental. Substantial infrastructure improvements underscore the investment in quality, including new supply plumbing throughout the main house, new main house HVAC '25, new roof '16, new main house water heater '23 and updated flooring in the primary and 2nd bedroom '18. The home also offers a well-appointed interior laundry room with ample storage. The rear yard features sprawling natural lawns with sprinkler system, as well as mature bougainvillea, grapefruit and orange trees. A pergola provides shaded outdoor living space and can double as a carport for the guest house, with alley RV gate access. Brick and flagstone walkways and patios weave throughout the yard, while block fencing creates a private setting. This location is a treasure being just minutes from downtown + uptown hotspots and beloved local haunts.You'll be close to Sky Harbor Airport, ASU, downtown Phoenix arts + sports venues and the light rail + major freeways. Exceptional walkability with nearby neighborhood favorites including Oven+Vine, Sophia's A Brunch Bar, Little Rituals, First Watch, Pino Pizza Al Centro and more. A convenient stroll to the best of what Phoenix has to offer. Listed on the National Register of Historic Places, this distinguished residence offers architectural significance and meaningful financial advantage, including eligibility for owner-occupant historic tax classification, which currently reduces the property taxes by 50%. Set within one of Phoenix's most storied neighborhoods, the home presents a rare opportunity to steward an important piece of the city's architectural heritage. Historic pedigree and modern infrastructure come together in a treasured residence defined by thoughtful preservation and enduring value.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 80% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 2,334 | 1,623 | 87% |
| Lot Size | 7,457 | 7,392 | 52% |
| Price | $968.0K | $675.0K | 86% |
| Price per sq ft | $415 | $388 | 51% |
| Built year | 1941 | 1937 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 1577 | 1% |
Mar 12, 2026
$968,000
Initial Listing