3307 S TERRACE Road, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 3 bath
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Tempe, AZ 85282
This Refined Mid-Century Contemporary Sanctuary is a Prime Investment Opportunity, listed at $765,000—positioned well below the $789,808 Fair Market Value by 3%. This valuation gap secures $24,808 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2 following a $300,000 renovation, the home features a waterfall-edge quartz kitchen, 13 skylights, and a resort-style diving pool. Located near the highly-rated Hudson Elementary, it balances luxury living with financial upside. This is an ideal acquisition for Owner-Occupants or design-focused professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3307 S TERRACE Road Subject | $765,000* List Price | 3 | 3 | 2,518 | $295 | - |
A 310 E FREMONT Drive Sold | $645,000 | 4 | 2 | 2,565 | $251 | 1.0 mi |
B 501 E HERMOSA Drive Sold | $539,000 List Price | 3 | 2 | 1,642 | 0.7 mi | |
C 1316 E CARTER Drive Sold | $699,995 | 4 | 2 | 2,052 | $341 | 0.7 mi |
D 1502 E MINTON Drive Sold | $555,000 | 4 | 2 | 2,083 | $266 | 0.9 mi |
E 1502 E MINTON Drive Sold | $555,000 | 4 | 2 | 2,083 | $266 | 0.9 mi |
F 2704 S TERRACE Road Sold | $630,000 | 5 | 2 | 2,024 | $311 | 0.5 mi |
G 922 E LOYOLA Drive Active | $709,900 List Price | 4 | 3 | 2,412 | $294 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1966, the property underwent a $300K+ high-end renovation within the last 5 years. It features a modern kitchen with waterfall quartz and smart appliances, a new standing seam metal roof, and mint condition finishes throughout.
Boasting over $300,000 in high-end renovations, including a standing seam metal roof and a chef’s kitchen with smart appliances, this home offers a turn-key luxury experience.
The integration of 13 skylights throughout the open mid-century layout creates a bright, airy atmosphere that is rare for homes of this vintage.
The backyard serves as a private retreat featuring a diving pool, custom charred wood privacy wall, and professional landscaping, perfect for Arizona’s indoor-outdoor lifestyle.
Despite the extensive cosmetic and surface upgrades, the 1966 original construction may present maintenance challenges common to older homes regarding underlying plumbing or electrical systems.
While the local elementary school is highly rated (7/10), the assigned middle and high schools carry lower ratings (5/10), which may impact appeal for education-focused families.
Rare, Refined Tempe gem, this mid-century contemporary home boasts over $290K in design-forward upgrades. Clean lines meet warm finishes with rich wood flooring, recessed lighting, & a stacked-stone fireplace. Kitchen offers a waterfall-edge quartz island, custom cabinetry, open shelving, copper farmhouse sink, under-cabinet lighting, & sleek white glass smart appliances. Flex sunroom is ideal for office, media, or game room space. Resort-style backyard with diving pool, turf, mature landscaping, & custom charred wood privacy wall. Standing seam metal roof adds modern appeal with long-term durability. Open layout with abundant light from 13 skylights & recessed lighting.A private retreat that blends sophisticated design with effortless indoor-outdoor living in a prime Tempe location.No HOA
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.0 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 | 90% |
| Square foot | 2,518 | 1,669 | 94% |
| Lot Size | 8,799 | 8,357 | 67% |
| Price | $765.0K | $185.8K | 96% |
| Price per sq ft | $304 | $112 | 69% |
| Built year | 1966 | 1970 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 2446 | 2% |
Apr 12, 2026
$765,000
Initial Listing