
Phoenix, AZ 85050
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $915,000—positioned well above the $785,680 Fair Market Value by -16%. While the property requires cosmetic updates to its original 1996 finishes, it features significant mechanical upgrades, including a dual HVAC system and new pool equipment. Located in the prestigious Desert Ridge community with access to top-rated schools like Desert Trails Elementary, this home is an ideal project for Value-Add Investors or Owner-Occupants seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4010 E HAMBLIN Drive Subject | $915,000* List Price | 4 | 2 | 2,471 | $318 | - |
A 4308 E KNUDSEN Drive Sold | $870,000 List Price | 4 | 3 | 2,290 | 0.3 mi | |
B 22229 N 41ST Street Sold | $900,000 | 4 | 2 | 2,478 | $363 | 0.3 mi |
C 4425 E ROBIN Lane Sold | $995,000 List Price | 5 | 5 | 2,996 | 0.4 mi | |
D 3823 E MORNING DOVE Trail Sold | $935,000 List Price | 3 | 3 | 2,625 | 0.7 mi | |
E 4511 E KIRKLAND Road Sold | $1,030,000 | 4 | 4 | 2,984 | $345 | 0.5 mi |
F 4719 E ADOBE Drive Sold | $659,000 | 4 | 2 | 1,962 | $336 | 0.7 mi |
G 4507 E GATEWOOD Road Active Under Contract | $685,000 List Price | 4 | 3 | 2,472 | $277 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the property is approximately 30 years old and retains its original dated kitchen and bathroom aesthetics, including oak cabinetry and gold-trimmed fixtures. While the HVAC, water heater, and pool equipment have been recently updated, the interior finishes are past the 20-year mark and require cosmetic modernization.
Elementary School: Desert Trails Elementary School (10/10).
Situated in the highly sought-after Desert Ridge community, this home is zoned for top-tier schools, including a 10/10 rated elementary school, making it an ideal choice for families.
The property features a private backyard with a sparkling pool and the significant advantage of no rear neighbors, providing a peaceful and secluded outdoor environment.
The mention of 'great design potential' suggests that the interior finishes may be original to the 1996 build and require updating to meet modern luxury standards.
For a 4-bedroom home exceeding 2,400 square feet, the 2-bathroom configuration may be a drawback for larger families or those expecting a higher bed-to-bath ratio.
Located in the highly desirable Desert Ridge community, this move-in ready home offers 4 bedrooms, 2 bathrooms, and 2,471 sqft in one of Arizona's top-rated school districts. Enjoy a sparkling pool, spacious backyard, and no rear neighbors for added privacy and peaceful outdoor living. The home offers great design potential and is ideally located near shopping, dining, parks, and freeway access. Recent upgrades include a dual HVAC system with split units for efficient year-round comfort, including a newer compressor and updated components across both systems. Additional improvements include a recently updated water heater and upgraded pool equipment, including the pump and filtration system--offering peace of mind and low-maintenance living for years to come.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 0.3 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 2,471 | 1,938 | 73% |
| Lot Size | 8,459 | 6,159 | 84% |
| Price | $915.0K | $505.0K | 85% |
| Price per sq ft | $370 | $299 | 81% |
| Built year | 1996 | 1998 | 42% |
| HOA | $300 | $143 | 94% |
| Days on market | 14 | 1481 | 0% |
May 23, 2026
$915,000
Initial Listing