
Phoenix, AZ 85018
This Fully Renovated Arcadia Residence is a Prime Investment Opportunity, listed at $925,000—positioned well below the $960,524 Fair Market Value by 3%. This valuation gap provides $35,524 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern open-concept layout, designer kitchen, and a resort-style backyard with a sparkling pool and outdoor kitchen. Located near Old Town Scottsdale, it offers significant rental upside. This turnkey asset is ideal for Short-Term Rental Investors or Owner-Occupants seeking a luxury lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4113 E GLENROSA Avenue Subject | $925,000* List Price | 3 | 3 | 3,000 | $320 | - |
A 4217 E CAMPBELL Avenue Sold | $850,000 List Price | 4 | 3 | 3,170 | 0.3 mi | |
B 4217 E CAMPBELL Avenue Sold | $759,900 List Price | 4 | 3 | 3,170 | 0.3 mi | |
C 3924 E DEVONSHIRE Avenue Sold | $775,000 List Price | 4 | 4 | 2,700 | 0.2 mi | |
D 3913 E CLARENDON Avenue Sold | $888,888 List Price | 4 | 4 | 3,040 | 0.5 mi | |
E 3913 E CLARENDON Avenue Sold | $950,000 List Price | 4 | 4 | 3,040 | 0.5 mi | |
F 4432 N 41ST Place Sold | $669,900 List Price | 4 | 3 | 2,650 | 0.2 mi | |
G 3933 E FLOWER Street Pending | $650,000 List Price | 3 | 2 | 2,041 | $318 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a full high-end renovation, featuring a completely reimagined open floor plan, a modern kitchen with premium appliances, and designer-updated bathrooms. Visuals confirm mint condition with recent upgrades to the flooring, pool, and outdoor kitchen, fitting the criteria for a renovation under 5 years old.
Situated in one of Phoenix's most prestigious and sought-after neighborhoods, the property offers exceptional proximity to Old Town Scottsdale, Sky Harbor Airport, and premier luxury dining.
The home has been completely reimagined with a modern open-concept layout, high-end finishes, and premium appliances, offering a move-in-ready experience ideal for a primary residence or high-performing short-term rental.
The backyard serves as a private oasis featuring a sparkling pool and a built-in outdoor kitchen, providing the essential amenities required to maximize ROI in the Arizona vacation rental market.
With a 3,000 sqft residence situated on a 7,616 sqft lot, the building-to-land ratio is high, which may result in limited yard space for those seeking traditional lawn areas or additional privacy buffers.
While the home is fully renovated, the original 1957 construction date may lead to buyer concerns regarding the longevity of underlying mid-century infrastructure compared to newer builds in the area.
**Fully Renovated Arcadia Gem | Turnkey Investment Opportunity** Welcome to your next high-performing investment in the heart of Arcadia--one of Phoenix's most sought-after luxury neighborhoods. This home offers an unparalleled lifestyle close to premier dining, shopping, and entertainment, as well as close proximity to Old Town Scottsdale and Sky Harbor Airport. This property checks every box for convenience and desirability. This beautifully renovated home blends modern design with effortless functionality, making it the perfect turnkey opportunity for the savvy investors looking to capitalize on this already successful thriving short-term rental market to maximize rental appeal and ROI. It has been completely reimagined with an open floor plan, creating a bright and airy environment perfect for both everyday living and entertaining. The heart of the home is the spacious kitchen, which flows seamlessly into the living and dining areas. Your private oasis awaits outdoors to create the ultimate backyard retreat, featuring a sparkling pool for splashing around or doing laps. Accompanied by an outdoor kitchen with a built-in grill--the perfect setting for Arizona's sunny days and starry nights. Step inside to discover a bright, open-concept layout featuring high-end finishes, upgraded flooring, and a seamless indoor-outdoor flow that today's guests love. The thoughtfully designed kitchen boasts sleek countertops, custom cabinetry, and premium appliances--ideal for entertaining or hosting extended stays. Each bedroom offers comfort and style, while both bathrooms have been fully updated with designer touches that elevate the overall experience. Whether guests are visiting for golf, spring training, or a relaxing desert getaway, this home delivers the upscale vibe they're searching for. Whether you're expanding your portfolio or entering the short-term rental space, this Arcadia beauty is a rare find with exceptional upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,000 | 2,750 | 57% |
| Lot Size | 7,616 | 9,988 | 23% |
| Price | $925.0K | $1.20M | 41% |
| Price per sq ft | $308 | $476 | 33% |
| Built year | 1957 | 1962 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 1561 | 0% |
Apr 24, 2026
$925,000
Initial Listing