
Phoenix, AZ 85042
This Custom Luxury Contemporary Home, known as the "Lantern of the Canyon," is listed at $1,049,000. Built in 2022, the property maintains a Pristine Condition Rating, featuring high-end Italian large-format tile and leathered black stone waterfall countertops. While the $847,752 Fair Market Value reflects standard area sales, this architectural masterpiece offers a premium lifestyle through its dual balconies with unobstructed views of South Mountain and Camelback Mountain. This Move-In Ready sanctuary is a rare find for luxury-seeking professionals or sophisticated buyers prioritizing architectural significance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3350 E HIGHLINE CANAL Road Subject | $949,999* List Price | 3 | 3 | 3,138 | $297 | - |
A 7920 S 37TH Way Sold | $675,000 List Price | 4 | 3 | 2,250 | 0.5 mi | |
B 3420 E Harwell Road Active | $839,000 List Price | 4 | 4 | 3,385 | $248 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this custom luxury home is in pristine, like-new condition. It features high-end contemporary finishes including Italian large-format tile flooring, leathered black stone waterfall countertops in the kitchen, custom cabinetry, and integrated smart home technology. The architectural design and premium materials meet the highest current quality standards with no deferred maintenance or visible wear.
Custom-designed by award-winning firms, this 'Lantern of the Canyon' home features high-end Italian tiles and leathered stone finishes that define modern luxury.
The property features dual balconies offering rare, unobstructed views of both South Mountain and Camelback Mountain, providing a serene backdrop for residents.
Built in 2022, this nearly-new home includes integrated multi-zone surround sound and contemporary lighting systems, ensuring modern efficiency and entertainment readiness.
With only three bedrooms across over 3,100 square feet, the layout may not suit larger families or buyers seeking more dedicated private rooms for the size.
The sub-8,000 square foot lot is relatively compact for a luxury custom home at this price point, which may limit extensive outdoor amenities or yard space.
Imagine these gorgeous mountain views out your front door and city views out the back! Custom-built home with an open floor plan for entertaining. Surrounded by peaceful nature and privacy, while simultaneously being centrally located 10 minutes from Sky Harbor airport. Short walk to hiking and biking trails. No Hoa offers the freedom to use your home how you want. Store your Rv, cars,boats, and toys with the double sized Rv gate on the side of the home. Clear glass door to your Den/ office that could be a pilates studio/ or children's playroom.Balconies upstairs facing South Mountain and Camelback Mountain. Waterfall island in a leathered black stone and Italian tile.Custom cabinetry throughout and a built-in wardrobe closet in the master suite.Whole home and patio surround sound speakers
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 3,138 | 1,870 | 91% |
| Lot Size | 7,896 | 7,200 | 62% |
| Price | $950.0K | $399.0K | 96% |
| Price per sq ft | $303 | $228 | 91% |
| Built year | 2022 | 2001 | 98% |
| HOA | $0 | $95 | 35% |
| Days on market | 115 | 1443 | 1% |
Jun 12, 2026
$949,999
$999,995
-5% Price Drop
Initial Listing
Jun 5, 2026
$999,995
$999,996
+0% Price Increase
Initial Listing
Jun 1, 2026
$999,996
$999,997
+0% Price Increase
Initial Listing
May 21, 2026
$999,997
$999,998
+0% Price Increase
Initial Listing
May 18, 2026
$999,998
$999,999
+0% Price Increase
Initial Listing
Apr 30, 2026
$999,999
$1,049,000
-5% Price Drop
Initial Listing
Feb 20, 2026
$1,049,000
Initial Listing