3501 E PICCADILLY Road, Phoenix, AZ 85018, Phoenix, 85018 - 4 bed, 2 bath
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3501 E PICCADILLY Road
Phoenix, AZ 85018
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,791Sq Ft
7,466Lot Size
Property Price
LIST PRICE$859,000
EST. MARKET VALUE
$800,657
7% AboveMARKET VALUE
SUMMARY
This Renovated Arcadia Lite Residence is a Strong Value Opportunity, listed at $859,000—positioned well below the $800,657 Fair Market Value by -7%. While the list price reflects a premium, the property offers a Good Condition Rating with a 2019 renovation and a 2025 HVAC system. Key features include a detached finished bonus space and an expansive cul-de-sac lot. This home balances modern infrastructure with a prime location, making it an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting high-demand urban-suburban markets.
Estimated Market Value
$800,657
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3501 E PICCADILLY Road Subject | $859,000* List Price | 4 | 2 | 1,791 | $447 | - |
A 3601 E FAIRMOUNT Avenue Sold | $625,000 | 3 | 2 | 1,728 | $362 | 0.2 mi |
B 3807 E DEVONSHIRE Avenue Sold | $715,000 | 3 | 2 | 1,534 | $466 | 0.4 mi |
C 3318 E MONTECITO Avenue Sold | $970,000 | 3 | 2 | 1,790 | $542 | 0.5 mi |
D 3102 N 34th Street Sold | $643,500 | 4 | 2 | 1,731 | $372 | 0.7 mi |
E 3318 E MONTECITO Avenue Sold | $970,000 | 3 | 2 | 1,790 | $542 | 0.5 mi |
F 3827 E WELDON Avenue Sold | $727,500 | 3 | 2 | 1,416 | $514 | 0.5 mi |
G 3840 E MULBERRY Drive Sold | $975,000 | 4 | 3 | 2,342 | $416 | 0.7 mi |
H 3923 E WHITTON Avenue Sold | $725,000 List Price | 3 | 2 | 1,374 | 0.6 mi | |
I 4001 N 33RD Street Active | $850,000 List Price | 4 | 2 | 1,868 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The home underwent a major renovation in 2019 (7 years prior to the 2026 listing date) and features a brand-new HVAC system installed in 2025. While the kitchen and baths are modern and stylish, the renovation age falls within the 5-15 year 'Good' category rather than the <5 year 'Excellent' threshold.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7466, living area = 1791.
- Prime Arcadia Lite Location
Situated in the highly sought-after Arcadia Lite neighborhood, this property offers exceptional walkability to popular local dining and coffee shops, providing a vibrant urban-suburban lifestyle.
- Detached Flex Space
The property features a rare detached, finished bonus space equipped with electricity and air conditioning, offering a perfect solution for a private home office, gym, or creative studio.
CONSRISKS & DEFICIENCIES
- Modest School Ratings
The assigned public schools have lower ratings (3/10 and 4/10), which may be a consideration for families prioritizing high-performing educational districts.
- Vintage Home Considerations
Despite the 2019 renovation, the 1950s original construction may still present limitations in plumbing or electrical capacity compared to newer builds in the same price bracket.
About 3501 E PICCADILLY Road
Beautifully updated four-bedroom, two-bath home on an expansive cul-de-sac lot in the heart of Arcadia Lite, blending timeless charm with modern living. Walk to Arcadia's favorite restaurants and coffee shops. Renovated in 2019 with a new AC unit added in 2025, the open floor plan suits everyday living and entertaining, with a spacious living area flowing into a stylish kitchen anchored by a large center island. The primary suite offers a walk-in closet and an ensuite bath with dual vanities and an oversized walk-in shower. A second bedroom also has a walk-in closet, and the guest bath includes a tub. The expansive backyard has ample room to play, garden or entertain, plus a detached finished bonus space with electricity and air conditioning - ideal as an office, gym or studio.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,466 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Monte Vista Elementary School
Grades K-8 • 0.5 mi
4/10
Camelback High School
Grades 9-12 • 1.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,791 | 1,850.5 |
| Lot Size | 7,466 | 7,313 |
| Price | $859.0K | $481.7K |
| Price per sq ft | $480 | $289 |
| Built year | 1950 | 1987 |
| HOA | $0 | $175 |
| Days on market | 21 | 757 |
Pricing History
Listed for Sale
Jul 27, 2026
$859,000
Initial Listing