326 W CYPRESS Street, Phoenix, AZ 85003, Phoenix, 85003 - 3 bed, 3 bath
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Phoenix, AZ 85003
This Iconic Spanish Mission Revival Landmark is a High-Potential Investment Opportunity, listed at $1,499,000—positioned well below the $1,557,682 Fair Market Value by 3%. This valuation gap offers $58,682 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a 2022 saltwater pool, city skyline views, and high-end finishes throughout. Located in the prestigious Willo Historic District, this property combines architectural significance with modern luxury. It is an ideal acquisition for Luxury Home Seekers or Historic Property Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 326 W CYPRESS Street Subject | $1,499,000* List Price | 3 | 3 | 3,026 | $515 | - |
A 505 W CORONADO Road Sold | $1,100,000 | 3 | 3 | 2,127 | $517 | 0.3 mi |
B 348 W PORTLAND Street Sold | $1,499,000 List Price | 3 | 3 | 2,886 | 0.9 mi | |
C 505 W CORONADO Road Sold | $1,100,000 | 2 | 3 | 2,139 | $514 | 0.3 mi |
D 501 W PALM Lane Sold | $1,290,000 | 3 | 3 | 2,118 | $609 | 0.2 mi |
E 335 W CAMBRIDGE Avenue Sold | $1,250,000 | 4 | 3 | 2,784 | $449 | 0.3 mi |
F 501 W PALM Lane Sold | $1,290,000 | 3 | 3 | 2,029 | $636 | 0.2 mi |
G 38 W VERNON Avenue Active | $1,400,000 List Price | 4 | 3 | 3,095 | $452 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1928, this historic landmark has undergone extensive high-end renovations within the last 5 years, including a 2022 saltwater pool, updated mechanical systems, and a modern kitchen with premium appliances and solid surface counters. The primary suite features a spa-like bath with heated floors, and the overall property shows no deferred maintenance, meeting the highest quality standards for a fully renovated historic home.
Known as 'El Padre,' this iconic 1928 Spanish Mission Revival home is a recognized historic landmark featuring authentic hand-hewn beams, Saltillo flooring, and original architectural details that have earned multiple magazine covers.
The property features significant recent investments, including a 2022 heated and chilled saltwater pool, updated mechanical systems, and a primary suite with a spa-like bath and heated floors.
Situated in the highly coveted Willo Historic District, the home offers an unbeatable location with immediate access to the Phoenix Art District and top-tier local dining.
The assigned public schools for this address carry relatively low ratings, with several scoring a 3 out of 10, which may be a concern for families prioritizing public education.
As a 1928 masonry structure with specialized materials like clay tile roofing and custom wrought iron, the property will require specialized and potentially costly ongoing preservation efforts.
Just listed in the highly coveted Willo Historic District. Known as ''El Padre,'' this iconic 1928 Spanish Mission Revival home-originally built by F.P. Baldi and historically recognized as the Baily & Upshaw Spec House-is a true architectural landmark. Concrete masonry construction, stucco exterior, and a high-pitched clay tile roof with exposed rafters anchor its timeless design, while arched entry details, Talavera tile accents, custom wrought iron, and dramatic windows complete the Spanish electric style. The home's significance is reflected in its multiple magazine features, including three cover appearances since 2016 and recognition by Phoenix Home & Garden. Inside, original character blends seamlessly with thoughtful modern upgrades. Highlights include a grand foyer with hand-hewn beams, Saltillo flooring, and skylights; an elegant ballroom with soaring ceilings and original wood floors; and a beautifully updated kitchen featuring solid surface counters, a nook, & hand-painted Talavera tile, premium appliances, and restored ceilings. The primary suite offers a spa-like bath with heated floors and custom finishes, while the outdoor spaces showcase a heated and chilled saltwater pool (2022), brick pavers, custom ironwork, and updated mechanical systems, preserving historic charm while delivering today's comfort and convenience. You can't beat the location of this home & you have a chance to own a piece of history. It's an amazing neighborhood with quick access to popular restaurants and the Art district.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 1.1 mi
Grades PK-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 3,026 | 1,623 | 94% |
| Lot Size | 7,340 | 7,392 | 42% |
| Price | $1.50M | $675.0K | 99% |
| Price per sq ft | $495 | $388 | 61% |
| Built year | 1928 | 1937 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 73 | 1578 | 6% |
Feb 12, 2026
$1,499,000
Initial Listing