
Phoenix, AZ 85048
This Ahwatukee Value-Add Asset represents a High-Potential Investment Opportunity for those seeking forced appreciation. Listed at $405,000, the property offers a spacious 4-bedroom footprint in the desirable Mountainside community. Currently holding a Poor Condition Rating, the residence requires a comprehensive renovation to address significant neglect and outdated systems. Situated in the top-tier Kyrene School District near Desert Vista High School, the location ensures robust exit demand. This is an ideal acquisition for Fix-and-Flip Investors or Cash Buyers looking to capture equity in a high-demand Phoenix submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4216 E AMBERWOOD Drive Subject | $405,000* List Price | 4 | 3 | 2,059 | $140 | - |
A 4333 E TANGLEWOOD Drive Sold | $475,000 | 4 | 3 | 2,059 | $231 | 0.2 mi |
B 3743 E WINDSONG Drive Sold | $313,500 List Price | 4 | 2 | 2,162 | 0.7 mi | |
C 4637 E FRYE Road Sold | $299,900 List Price | 3 | 3 | 2,065 | 0.6 mi | |
D 16429 S 46TH Place Sold | $315,000 List Price | 3 | 2 | 1,770 | 0.5 mi | |
E 16429 S 46TH Place Sold | $295,111 List Price | 3 | 2 | 1,770 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as an 'Investor Special' requiring substantial repairs and updating. Interior images reveal significant neglect, including completely removed flooring (exposed subfloor), large holes in interior doors, and outdated, worn bathroom fixtures. Built in 1988 with no evidence of recent renovations, the home likely has deferred maintenance across major systems and is currently in a non-habitable state for traditional buyers, making it unsuitable for standard financing.
Situated in the highly sought-after Mountainside community, the property offers excellent proximity to I-10 and Loop 202, ensuring quick access to major employers and downtown Phoenix.
As a value-add 'Investor Special,' this home is priced to allow for substantial equity growth through renovation, making it an ideal project for those looking to flip or hold.
Featuring 4 bedrooms, 3 bathrooms, and over 2,000 square feet on a nearly 8,000 square foot lot, the property provides a generous and versatile layout that is highly desirable for families.
The property requires significant updating and structural or cosmetic repairs, which will necessitate a large upfront capital investment and professional project management.
Due to its current condition, the home likely will not qualify for traditional FHA or conventional financing, limiting the buyer pool primarily to cash investors or hard money borrowers.
Investor Special! This property at 4216 E Amberwood Dr presents a rare value-add opportunity in the highly sought-after Ahwatukee area. The home needs repairs and updating but offers excellent potential for the right buyer. Conveniently located near I-10 and Loop 202, providing quick access to Downtown Phoenix, major employers, and amenities. Perfect for investors or cash buyers looking to renovate and capture strong equity growth. Don't miss this opportunity!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,059 | 2,162 | 46% |
| Lot Size | 7,976 | 6,970 | 66% |
| Price | $405.0K | $446.0K | 47% |
| Price per sq ft | $197 | $218 | 47% |
| Built year | 1988 | 1992 | 18% |
| HOA | $76 | $200 | 12% |
| Days on market | 8 | 1686 | 0% |
Apr 14, 2026
$405,000
Initial Listing