
Phoenix, AZ 85028
Analysis of 3440 E SHANGRI LA Road, Phoenix, AZ 85028 is currently available with a list price of $1,400,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1982, the property is described as fully updated with modern finishes including luxury vinyl plank flooring, white shaker cabinetry, and granite countertops in both the main and guest houses. The inclusion of dual-paned windows and the pristine exterior condition shown in photos suggest a comprehensive renovation within the last 5 years, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21604, living area = 4504.
The property features a rare 855 sqft detached guest house with its own living area and bedrooms, offering exceptional versatility for extended family, long-term guests, or a home office suite.
Situated on a generous 21,604 sqft lot in the highly desirable Shea Corridor, this home provides a serene desert atmosphere with immediate proximity to the Phoenix Mountain Preserves and major transit routes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4504, other record living area = 3265.
While the elementary school is highly rated at an 8/10, the assigned middle and high schools carry lower ratings (4 and 5), which may impact appeal for families prioritizing top-tier secondary education.
Despite the extensive interior renovations, the 1982 build date may mean that some original structural elements or utility systems lack the energy efficiency and design standards of more contemporary constructions.
Tucked away along the highly desirable Shea Corridor, this rare property offers the perfect blend of peaceful desert living and exceptional city convenience. This fully updated home is situated on a 21k sf lot and presents a unique opportunity for multigenerational households or guest accommodations. The property features a 5bed/3bath, 3,649sf main residence complemented by a 2bed/1bath detached 855sf guest house (with the living room currently configured as a third bedroom). Together, the residences provide an impressive 4,504 square feet of livable space. Vaulted ceilings, luxury vinyl plank flooring, white shaker cabinetry and granite countertops throughout the main and guest home. Lush and serene backyard, dual paned windows and generous parking. Ideally located near the Phoenix Mountain Preserves and just minutes from SR-51, Sky Harbor International Airport, shopping, dining, and everyday conveniences. A truly rare offering combining size, versatility, and location in one of North Phoenix's most sought-after corridors.
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,504 | - |
| Lot Size | 21,604 | - |
| Price | $1.40M | $495.4K |
| Price per sq ft | $311 | $290 |
| Built year | 1982 | 0 |
| HOA | $0 | $0 |
| Days on market | 41 | 1260 |
Jun 11, 2026
$1,400,000
Initial Listing