
Phoenix, AZ 85018
This Prime Arcadia Lite Ranch is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,198,099 Fair Market Value by 8%. This valuation gap delivers $98,099 in Instant Equity. Boasting an Excellent Condition Rating, the residence features seven-inch wood plank floors, a modern quartz kitchen, and a private backyard with a spa and patio. Located near premier dining, it balances high-end lifestyle perks with immediate financial upside. This is an elite acquisition for Owner-Occupants or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3746 E Fairmount Avenue Subject | $1,100,000* List Price | 4 | 3 | 2,729 | $439 | - |
A 3924 E DEVONSHIRE Avenue Sold | $775,000 List Price | 4 | 4 | 2,700 | 0.4 mi | |
B 3615 N 40TH Street Sold | $1,280,000 List Price | 4 | 3 | 2,948 | 0.3 mi | |
C 3720 N 40TH Place Sold | $1,195,000 | 4 | 3 | 2,514 | $475 | 0.3 mi |
D 3913 E CLARENDON Avenue Sold | $950,000 List Price | 4 | 4 | 3,040 | 0.3 mi | |
E 3814 E CRITTENDEN Lane Sold | $1,251,754 | 4 | 4 | 3,033 | $413 | 0.3 mi |
F 3720 N 40TH Place Sold | $1,195,000 | 4 | 4 | 2,514 | $475 | 0.3 mi |
G 3739 E FAIRMOUNT Avenue Active Under Contract | $1,095,000 List Price | 4 | 3 | 2,628 | $417 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1953, the property has undergone an extensive recent renovation that meets current luxury standards. The interior features high-end seven-inch wood plank flooring, a modern kitchen with quartz countertops and premium appliances, and a fully remodeled bathroom. Significant mechanical upgrades, including a new AC system and tankless water heater, combined with meticulous landscaping and a move-in-ready condition, justify the excellent rating.
Situated in the highly sought-after Arcadia Lite neighborhood, this property offers excellent proximity to Phoenix's premier shopping and dining destinations while maintaining a quiet residential feel.
The home is move-in ready with high-end finishes including seven-inch wood plank floors, quartz countertops, and significant mechanical improvements such as a new AC and tankless water heater.
With over 2,700 square feet, four bedrooms, and a dedicated flex room for an office or gym, the floor plan provides rare scale and flexibility for the area.
The assigned public schools, Monte Vista Elementary and Camelback High, have lower performance ratings (4 and 3 respectively), which may be a concern for education-focused buyers.
Despite the extensive cosmetic and mechanical updates, the 1953 original construction may still present long-term maintenance considerations typical of older ranch-style homes.
***Prime Arcadia Lite Ranch***with north/south exposure, thoughtful updates and a layout that simply works. Seven-inch beautiful wood plank floors run throughout, paired with custom cabinetry and timeless neutral finishes. The open kitchen features quartz countertops, stainless appliances and easy flow to the living spaces. Major improvements include AC, added insulation, tankless water heater and a fully remodeled hall bath. The master suite is generously sized with a walk-in closet. A bright flex room offers space for a gym, office or studio. Outdoors, enjoy mature landscaping, manicured turf, storage shed, above ground spa and a wraparound backyard with covered patio that feels like your own private park. Arcadia's best shopping and dining nearby! Easy living and move-in ready!
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,729 | 2,715 | 51% |
| Lot Size | 9,104 | 9,936 | 42% |
| Price | $1.10M | $1.15M | 49% |
| Price per sq ft | $403 | $471 | 41% |
| Built year | 1953 | 1961 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 1537 | 1% |
Feb 14, 2026
$1,100,000
Initial Listing