
Phoenix, AZ 85048
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $515,000—positioned well below the $520,868 Fair Market Value by 1%. This valuation gap offers $5,868 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Renovated Granite Kitchen and modern wood-plank flooring. Located in the Lakewood community with access to scenic lakes and Top-Rated Schools like Kyrene de los Lagos (9/10), this property is an ideal fit for Owner-Occupants or first-time buyers seeking a lifestyle-focused, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3914 E AMBERWOOD Drive Subject | $499,000* List Price | 3 | 3 | 2,351 | $225 | - |
A 3530 E SALTSAGE Drive Sold | $590,000 | 3 | 3 | 2,331 | $253 | 0.5 mi |
B 3530 E SALTSAGE Drive Sold | $590,000 | 3 | 3 | 2,331 | $253 | 0.5 mi |
C 4213 E FRYE Road Sold | $590,000 | 5 | 3 | 2,303 | $256 | 0.4 mi |
D 4213 E FRYE Road Sold | $590,000 | 5 | 3 | 2,303 | $256 | 0.4 mi |
E 4213 E FRYE Road Sold | $590,000 | 5 | 3 | 2,303 | $256 | 0.4 mi |
F 4213 E FRYE Road Sold | $590,000 | 5 | 3 | 2,303 | $256 | 0.4 mi |
G 16614 S 38TH Way Sold | $369,000 List Price | 3 | 3 | 2,249 | 0.3 mi | |
H 4021 E AMBERWOOD Drive Sold | $405,000 | 4 | 2 | 2,001 | $202 | 0.1 mi |
I 16201 S 35TH Street Active | $599,000 List Price | 4 | 3 | 2,292 | $261 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the property has received significant modern updates including wood-plank tile flooring and a renovated kitchen with granite countertops, stainless steel appliances, and a subway tile backsplash. These renovations appear to be within the 5-15 year range. While the home is functional and move-in ready, visible unfinished ceiling repairs in the living area and the age of the original structure keep it from an 'Excellent' rating.
Elementary School: Kyrene de los Lagos School (9/10).
Situated in the desirable Lakewood community, the property offers exceptional lifestyle perks including scenic lakes with boat docks, catch-and-release fishing, and extensive walking paths.
The home features high-end updates such as wood-plank tile flooring, granite countertops, and a contemporary kitchen with ceiling-height subway tile and stainless steel appliances.
Built in 1987, the home may require more frequent maintenance or updates to major mechanical systems and structural components compared to newer builds in the area.
With a lot size of under 6,000 square feet for a 2,351 square foot residence, the outdoor space may feel constrained for buyers seeking a large private yard or significant expansion potential.
Welcome to the highly sought-after Lakewood community in Ahwatukee! This charming home offers incredible curb appeal with lush, manicured landscaping. Inside, you'll find a bright, open layout with soaring vaulted ceilings, neutral tones, and stylish wood-plank tile flooring. The spacious family room is anchored by a cozy wood-burning fireplace--perfect for relaxing or entertaining. The kitchen is ready for you to cook a feast in...ceiling-height subway tile backsplash, stainless steel appliances, and sleek granite countertops. The main-level primary suite features a private ensuite, while all bedrooms include walk-in closets. Step outside to an expansive backyard with a covered patio and endless possibilities to create your ideal outdoor space. Residents enjoy access to Lakewood's amenities, including 3 ramadas with picnic tables and BBQ grills, 2 tot lots, scenic lakes with boat docks, catch-and-release fishing, and walking paths. You cannot miss this opportunity!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,351 | - |
| Lot Size | 5,994 | - |
| Price | $499.0K | $495.4K |
| Price per sq ft | $212 | $290 |
| Built year | 1987 | 0 |
| HOA | $228 | $0 |
| Days on market | 82 | 1260 |
Jun 27, 2026
$499,000
$515,000
-3% Price Drop
Initial Listing
May 1, 2026
$515,000
Initial Listing