
Phoenix, AZ 85018
This Luxury Remodeled Estate is a High-Potential Investment Opportunity, listed at $2,850,000—positioned well below the $4,065,683 Fair Market Value by 29%. This significant valuation gap offers $1,215,683 in Instant Equity. Boasting an Excellent Condition Rating after a professional high-end remodel, the home features a 600-bottle wine room, dual primary suites, and unobstructed Camelback Mountain views on a private one-acre lot. Located near elite dining and Hopi Elementary, it balances lifestyle luxury with massive financial upside. This is an ideal acquisition for Owner-Occupants or High-Net-Worth Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4139 E COLTER Street Subject | $2,850,000* List Price | 5 | 4 | 4,151 | $979 | - |
A 4605 E ORANGE Drive Sold | $3,000,000 | 5 | 5 | 4,111 | $730 | 0.7 mi |
B 4605 E ORANGE Drive Sold | $3,000,000 | 5 | 5 | 4,111 | $730 | 0.7 mi |
C 4710 N 41ST Place Sold | $3,377,000 | 5 | 5 | 5,120 | $660 | 0.4 mi |
D 4525 E LAFAYETTE Boulevard Sold | $3,295,000 List Price | 5 | 5 | 5,602 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1976 estate has undergone a comprehensive, high-end professional remodel within the last few years, bringing it to current luxury standards. The gourmet kitchen features professional-grade stainless steel appliances, custom white cabinetry, and a large butcher block island. Bathrooms are fully modernized with floating vanities, quartz countertops, and contemporary lighting. The home includes premium upgrades such as a 600-bottle wine room, vaulted ceilings, wide-plank flooring throughout, and updated electrical/fixtures, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34574, living area = 4151.
Situated in the prestigious Camelback Corridor, this estate offers unobstructed, breathtaking views of Camelback Mountain and is within walking distance to luxury destinations like The Global Ambassador and Steak 44.
The nearly one-acre lot provides rare privacy and space in a central Phoenix location, featuring no HOA restrictions, a wraparound driveway, and meticulously designed outdoor living areas.
The assigned public middle and high schools carry ratings of 6 and 5 respectively, which may be a drawback for luxury buyers prioritizing top-tier public education for their children.
Despite the comprehensive aesthetic remodel, the original 1976 construction may present long-term maintenance considerations for underlying systems compared to a contemporary new-build estate.
Welcome to Colter, a rare opportunity in the highly sought after Camelback Corridor. This fully remodeled estate sits on just under an acre with no HOA, offering exceptional privacy and breathtaking views of Camelback Mountain.The expansive lot features a huge backyard, mature landscaping, and multiple outdoor living spaces designed for both relaxation and entertaining. A wraparound driveway leads to a striking entrance with custom iron doors. The open and thoughtfully redesigned floor plan showcases vaulted ceilings, wide hallways, and abundant natural light. The split layout includes 2 spacious primary suites, one with a sitting area overlooking the pool. This home offers 5 bedrooms, 3.5 bathrooms, and approximately 4,151 square feet of living space. A separate gathering area adjacent to the dining room features a fireplace and an impressive 600-bottle wine room, perfect for hosting.The gourmet eat-in kitchen includes gas cooking and opens seamlessly to the great room, complete with custom built-ins and a beverage refrigerator. A large laundry and mudroom with custom cabinetry provides ample storage. Enjoy a front patio with a firepit, ideal for taking in the stunning Camelback Mountain views. Located behind The Global Ambassador and just steps from Steak 44 and The Village Racquet Club, this property combines luxury living with an unbeatable location. Situated in the desirable Cudia City Estates neighborhood, this private estate is a true standout in the heart of Phoenix.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 4,151 | 2,715 | 86% |
| Lot Size | 34,574 | 9,936 | 94% |
| Price | $2.85M | $1.20M | 85% |
| Price per sq ft | $687 | $473 | 75% |
| Built year | 1976 | 1961 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 1537 | 0% |
Mar 14, 2026
$2,850,000
Initial Listing