3817 N 49TH Place, Phoenix, AZ 85018, Phoenix, 85018 - 2 bed, 1 bath
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Phoenix, AZ 85018
This High-Potential Investment Opportunity is listed at a List Price of $810,000, positioned well below the $817,387 Fair Market Value by 0.9%. Featuring a Condition Rating of 3, the home offers a move-in ready interior with Spectacular Camelback Mountain Views. While the 1,100 sqft footprint is compact, the prime Arcadia location and redevelopment potential provide significant long-term upside. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic entry into a prestigious neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3817 N 49TH Place Subject | $749,900* List Price | 2 | 1 | 1,100 | $639 | - |
A 4314 E Montecito Avenue Sold | $725,000 List Price | 3 | 2 | 1,494 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1954, the property has undergone a significant renovation likely within the last 10-15 years. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances, and the bathroom is clean and functional. The home is well-maintained and move-in ready, serving as a viable starter home despite the unfinished utility room and the long-term redevelopment potential of the lot.
Situated in one of Phoenix's most prestigious and coveted neighborhoods, this property offers an elite residential address with immediate proximity to top-rated schools and high-end amenities.
The property boasts spectacular, unobstructed views of Camelback Mountain, a premium feature that significantly enhances the long-term value and aesthetic appeal of the site.
Positioned as an exceptional redevelopment opportunity, the lot provides a perfect canvas for a luxury custom rebuild in a high-demand area where property values continue to appreciate.
With only 2 bedrooms, 1 bathroom, and 1,100 square feet, the current footprint is significantly undersized for the price point and may not meet the needs of modern families.
Priced at over $730 per square foot, the property commands a significant premium that reflects land value rather than the utility or condition of the existing 1954 structure.
This charming Arcadia ranch offers the perfect entry point into one of Phoenix's most coveted neighborhoods. With spectacular Camelback Mountain views, the home works beautifully as a comfortable starter home today or an exceptional redevelopment opportunity for the future.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,100 | - |
| Lot Size | 6,486 | - |
| Price | $749.9K | $495.4K |
| Price per sq ft | $682 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 64 | 1260 |
Jul 19, 2026
$749,900
$779,900
-4% Price Drop
Initial Listing
Jun 24, 2026
$779,900
$810,000
-4% Price Drop
Initial Listing
May 19, 2026
$810,000
Initial Listing