39029 N 21ST Avenue, Phoenix, AZ 85086, Phoenix, 85086 - 4 bed, 2 bath
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Phoenix, AZ 85086
This Modernized Desert Estate represents a High-Potential Investment Opportunity, listed at $689,000—positioned well below the $769,230 Fair Market Value by 10%. This valuation gap provides $80,230 in Instant Equity for the incoming owner. Holding a High Condition Rating, the residence features an updated stainless kitchen, modern large-format tile, and distant mountain views. Situated on an expansive 1.19-acre lot with No HOA restrictions, the property offers exceptional privacy and utility. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39029 N 21ST Avenue Subject | $689,000* List Price | 4 | 2 | 1,948 | $395 | - |
A 38913 N 21ST Avenue Sold | $525,000 | 4 | 2 | 1,711 | $307 | 0.1 mi |
B 38712 N 22ND Drive Sold | $700,000 | 3 | 2 | 1,632 | $429 | 0.3 mi |
C 38822 N 21ST Avenue Sold | $878,000 | 3 | 4 | 2,326 | $377 | 0.1 mi |
D 38807 N 15TH Avenue Sold | $699,900 List Price | 3 | 2 | 1,739 | 0.7 mi | |
E 38712 N 22ND Drive Sold | $700,000 | 3 | 2 | 1,632 | $429 | 0.3 mi |
F 1730 W ADAMANDA Court Sold | $635,000 | 3 | 2 | 1,620 | $392 | 0.5 mi |
G 37441 N 19TH Avenue Active Under Contract | $724,900 List Price | 3 | 2 | 2,150 | $337 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows signs of well-maintained systems and aesthetic updates. Although built in 1998, the interior features modern large-format tile flooring throughout the main living areas. The kitchen has been updated with stainless steel appliances, a contemporary mosaic tile backsplash, and dark countertops. While the cabinetry retains a more traditional style, the overall condition of the home is high, with no visible deferred maintenance in the provided images, making it a solid example of a well-kept home that has undergone partial renovation within the last 5 to 15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 51967, living area = 1948.
The property sits on a massive 1.19-acre lot, providing exceptional privacy and ample space for outdoor amenities, RV storage, or future structural expansions.
With zero association fees, homeowners enjoy the freedom to customize their property and lifestyle without the oversight or monthly costs of a homeowners association.
Built in 1998, the property may require upcoming capital investments for major components like the roof or HVAC if they have not been recently modernized.
At approximately $353 per square foot, the listing price is positioned at a premium for the area, requiring high-end interior finishes to support the valuation.
Rare opportunity to purchase a North Phoenix horse property below comparable sales with built-in equity. This 4 bed, 2 bath custom home sits on just over an acre and offers an open layout with tile flooring, plantation shutters, and a well-appointed kitchen with island and breakfast nook. Primary suite includes private outdoor access, walk-in closet, and full ensuite. Property features a 7-stall mare motel, arena, paddocks (available on a separate bill of sale), livestock areas, RV pad with full hookups, and pull-through trailer access. Covered patio with built-in BBQ adds outdoor living space. Close to I-17, arenas, and trail access nearby. Short sale submitted to lender for approval.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,948 | 2,199 | 32% |
| Lot Size | 51,967 | 7,800 | 93% |
| Price | $689.0K | $460.0K | 77% |
| Price per sq ft | $354 | $239 | 90% |
| Built year | 1998 | 2003 | 6% |
| HOA | $0 | $288 | 21% |
| Days on market | 14 | 1741 | 0% |
Apr 8, 2026
$689,000
Initial Listing