40428 N HIGH NOON Way, Phoenix, AZ 85086, Phoenix, 85086 - 3 bed, 2 bath
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Phoenix, AZ 85086
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $525,000—positioned well above the $472,427 Fair Market Value by 11%. While the price reflects a premium, the property offers significant utility with a 3-car garage, mountain views, and a Condition Rating of 4. Located near top-tier schools like Diamond Canyon Elementary (10/10), this home provides a stable foundation for long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained property in a prime Anthem location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40428 N HIGH NOON Way Subject | $500,000* List Price | 3 | 2 | 1,674 | $282 | - |
A 2631 W Patagonia Way Sold | $569,000 | 3 | 2 | 1,710 | $333 | 0.4 mi |
B 2749 W BISBEE Way Sold | $420,000 | 3 | 2 | 1,230 | $341 | 0.6 mi |
C 41404 N YORKTOWN Court Sold | $475,000 | 3 | 2 | 1,810 | $262 | 0.6 mi |
D 39826 N MILL CREEK Court Sold | $412,000 | 3 | 2 | 1,638 | $252 | 0.4 mi |
E 3209 W WALDEN Court Sold | $490,000 | 3 | 2 | 1,672 | $293 | 0.8 mi |
F 2614 W MEDINAH Way Sold | $450,000 | 3 | 2 | 1,697 | $265 | 0.5 mi |
G 40936 N CITRUS CANYON Trail Active | $419,000 List Price | 3 | 2 | 1,431 | $293 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old and falls into the >20y category. While the home is very well-maintained and move-in ready, the kitchen and finishes appear dated, featuring original-style cabinetry and countertops that lack modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7449, living area = 1674.
Middle School: Diamond Canyon Elementary School (10/10).
Priced well under $600,000, this property offers a rare combination of a 3-car garage and mountain views that typically command a much higher premium in the Anthem market.
Constructed in 2003, the home may require updates to its original finishes and mechanical systems to align with contemporary buyer preferences and energy efficiency standards.
The $310 association fee adds a notable recurring cost to the monthly budget, which may impact the overall affordability for price-sensitive buyers.
IMMEDIATE PRICE IMPROVEMENT Offering a combination of features that is becoming increasingly difficult to find at this price point. Featuring a highly desirable 3-car garage and a private backyard with a view fence, this home provides the space, privacy, and functionality today's buyers are looking for. Whether you're a first-time buyer, growing family, or investor, this property presents an outstanding opportunity to own a home with features that typically command a much higher price. Properties offering a 3-car garage, view fencing, and a private backyard for under $700,000 in Anthem are rare. Opportunities like this don't come around often. If you've been waiting for the right home that delivers value without sacrificing the features that matter most, your search may be over.
No exterior & parking available.
Grades PK-6 • 5.3 mi
Grades PK-8 • 0.3 mi
Grades PK-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,674 | 2,182 | 20% |
| Lot Size | 7,449 | 7,840 | 46% |
| Price | $500.0K | $452.5K | 58% |
| Price per sq ft | $299 | $238 | 78% |
| Built year | 2003 | 2003 | 50% |
| HOA | $310 | $267 | 65% |
| Days on market | 14 | 1888 | 0% |
Jun 8, 2026
$500,000
$525,000
-5% Price Drop
Initial Listing
May 29, 2026
$525,000
Initial Listing