
Phoenix, AZ 85050
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $970,000—positioned well below the $1,098,051 Fair Market Value by 11%. This valuation gap offers $128,051 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home boasts a 16' folding glass wall, chef's kitchen with Bosch/GE Café appliances, and a theater room. Located in the Paradise Valley Unified School District, this property is an ideal acquisition for discerning homeowners or luxury-focused buyers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4008 E LARIAT Lane Subject | $960,000* List Price | 4 | 3 | 3,163 | $346 | - |
A 4560 E PASO Trail Sold | $955,000 | 4 | 2 | 2,494 | $383 | 0.8 mi |
B 26269 N 45TH Place Sold | $675,000 List Price | 4 | 3 | 2,131 | 0.8 mi | |
C 4037 E PINTO Lane Active Under Contract | $950,000 List Price | 4 | 4 | 3,031 | $313 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1997, the property has undergone a comprehensive, high-end renovation where virtually nothing original remains. The kitchen was completely rebuilt with quartz countertops and Bosch/GE Café appliances, all bathrooms have been remodeled with modern tile and frameless glass, and the home features premium upgrades like a 16-foot folding glass wall and 8-foot stain-grade doors, placing it in mint, move-in-ready condition.
The property has been thoroughly reimagined with high-end finishes, including a 16-foot folding glass wall, 8-foot stain-grade doors, and a chef's kitchen featuring Bosch and GE Café Series appliances.
The backyard is a premier entertainment space equipped with a 10-foot linear fireplace, a custom pizza oven, professional landscape lighting, and scenic mountain views.
The home caters to modern needs with a dedicated office featuring custom built-ins, a fully equipped theater room, and a three-car garage with a Tesla charger and backyard pass-through.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3163, other record living area = 2712.
All four bedrooms are located on the upper level, which may be a drawback for buyers seeking a primary suite on the main floor or multi-generational living options.
While the interior is heavily renovated, the 1997 tract-home origin may mean some underlying structural components or systems are nearing the end of their typical lifespan compared to new construction.
Buy before rates Rise! Beautifully Renovated. Sought After Tatum Highlands neighborhood, minutes from Desert Ridge Marketplace where the new Trader Joe's is opening soon. Close to the Loop 101 & 51 freeways. 3,163 sqft, 4 bedrooms, dedicated office with custom built-ins, and a bonus room with a theater projector, motorized screen, surround sound system. Kitchen rebuilt with quartz countertops, large island, and Bosch/GE Café Series appliances. The rear opens through a 16' x 8' folding glass wall system opening the house to the outdoors and a backyard built for gatherings: 10' linear fireplace, fountain, outdoor kitchen with custom pizza oven, outdoor speakers and lighting. 3-car garage with pass-through, built-in storage cabinets in garage. All remodeled baths, 8' doors, Indoor Fireplac Massively Improved and renovated. Built in 1997 as a high quality tract home in Tatum Highlands, it has been so thoroughly reimagined over the years that virtually nothing original remains -- and the result is one of the most livable, thoughtfully finished homes in northeast Phoenix. Situated just south of Cave Creek Road near Jomax and 40th Street, minutes from the 101 and close to Desert Ridge Marketplace, the location is as convenient as the home is impressive. The 3,100+ sq ft two-story layout offers four bedrooms upstairs, a dedicated home office downstairs, and a bonus room configured for theater-level entertainment -- projector, 110" screen, and a sound system that turns movie night into an event. The office is fully built out with custom desk surfaces, file cabinets, and drawer pedestals. Every bedroom has been individually remodeled. Throughout the home: 8' stain-grade wooden doors, custom trim and baseboard, high-end tile and carpet, and three fully remodeled bathrooms. The kitchen was rebuilt around a large island open to the great room, with quartz countertops and a suite of Bosch and GE Café Series appliances that reward the cook. At the rear of the main level, a 16' wide by 8' tall folding window wall dissolves the boundary between indoors and out. The backyard is mature and fully built out -- a 10' linear fireplace, a fountain, an outdoor kitchen with a pizza oven, built-in speakers, and layered landscape lighting designed for evenings that don't end early. The 3-car garage includes backyard pass-through access, a full wall of built-in storage cabinets, and a Tesla charger. Paradise Valley Unified School District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,163 | - |
| Lot Size | 12,299 | - |
| Price | $960.0K | $495.4K |
| Price per sq ft | $304 | $290 |
| Built year | 1997 | 0 |
| HOA | $142 | $0 |
| Days on market | 37 | 1260 |
Jul 1, 2026
$960,000
$970,000
-1% Price Drop
Initial Listing
Jun 16, 2026
$970,000
Initial Listing
Nov 14, 1997
$224,780
Public Record