4324 E STANFORD Drive, Phoenix, AZ 85018, Phoenix, 85018 - 3 bed, 3 bath
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Phoenix, AZ 85018
This Architectural Mid-Century Modern Masterpiece is a High-Potential Investment Opportunity, listed at $1,999,999—positioned well below the $2,401,664 Fair Market Value by 16%. This valuation gap provides $401,665 in Instant Equity. Boasting a Renovated Condition Rating, the home features iconic unobstructed Camelback Mountain views, floor-to-ceiling glass, and a resort-style pool. Located in prestigious Marion Estates near top-rated Hopi Elementary, it offers unparalleled lifestyle luxury with significant financial upside. This is an elite acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting high-demand Arizona assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4324 E STANFORD Drive Subject | $1,999,999* List Price | 3 | 3 | 2,602 | $923 | - |
A 4211 E STANFORD Drive Sold | $1,575,000 | 3 | 3 | 2,705 | $582 | 0.2 mi |
B 5847 N 46th Street Sold | $2,200,000 List Price | 4 | 3 | 2,818 | 0.4 mi | |
C 5515 N MARION Way Sold | $1,550,000 | 4 | 4 | 2,180 | $711 | 0.2 mi |
D 4622 E PALO VERDE Drive Sold | $1,750,000 List Price | 4 | 2 | 2,482 | 0.6 mi | |
E 4448 E CAMELBACK Road 16 Sold | $2,000,000 | 3 | 3 | 3,193 | $626 | 0.4 mi |
F 5231 N 42ND Place Active | $2,475,000 List Price | 4 | 4 | 3,213 | $770 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1959, this Mid-Century Modern home has been extensively renovated in recent years to meet modern luxury standards. The kitchen features contemporary cabinetry, high-end stainless steel appliances, and stone countertops, while the bathrooms have been fully updated with modern tile work and designer fixtures. The property shows no signs of deferred maintenance, featuring updated flooring, lighting, and a meticulously maintained resort-style exterior.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16627, living area = 2602.
A masterfully preserved 1959 Mid-Century Modern home designed by Robert J. Peterson and Ted Alexander, featuring iconic floor-to-ceiling glass and seamless indoor-outdoor integration.
The property boasts breathtaking, framed views of Camelback Mountain and the Praying Monk from every room, providing a rare and highly sought-after desert backdrop.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2602, other record living area = 2358.
The property utilizes carports rather than a fully enclosed garage, which may be a drawback for buyers seeking climate-controlled storage or maximum security for high-end vehicles.
Despite extensive modern updates, the 1959 original structure may lack the high ceilings and expansive secondary suite proportions found in contemporary luxury new constructions.
CAMELBACK MOUNTAIN & PRAYING MONK VIEWS frame the backdrop to a masterpiece of Mid-Century Modern 1959 design seamlessly connecting breathtaking views with unparalleled architecture. A convergence of iconic architecture, breathtaking views, and one of Phoenix's most vibrant locations makes this home a rare masterpiece. Originally built in 1959 by architect Robert J. Peterson, and later updated by architect and one-time owner Ted Alexander, this home has been thoughtfully preserved to honor its era in the highly coveted neighborhood of Marion Estates. The iconic property blends architecture, natural elements, and views, leaving you in awe from the moment you arrive. Every room features floor to ceiling framed glass capturing the pristine surroundings & unobstructed Camelback views. The timeless design creates an atmosphere that is both visually striking and deeply livable. The open floor plan allows endless living enjoyment with 3 main bedrooms, large office/formal living space and a game room/media room. Remodeled throughout in recent years having modernized elements both inside and outside. The office space is sleek with modern retractable-style doors offering a highly versatile space designed to adapt to a variety of lifestyles. This dynamic area functions beautifully as a private office, gym, game or billiards room, or an indoor-outdoor pool lounge offering endless possibilities to tailor the space to your needs. Resort inspired outdoor living with multiple patios, curated sitting areas, misters, pool, raised gardens, outdoor speakers, mature desert landscaping & artificial grass accented with landscape lighting. Parking includes 2 distinct front covered carports offering up to 4 covered parking spaces plus the front circular motor court. An exceptional location places you at the center of Arcadia's most coveted lifestyle amenities. Just steps away from The Global Ambassador, Steak 44, AJ's Fine Foods, and The Henry delivering true urban living with world-class dining, markets, and social destinations right outside your door.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,602 | 2,705 | 45% |
| Lot Size | 16,627 | 9,936 | 73% |
| Price | $2.00M | $1.20M | 75% |
| Price per sq ft | $769 | $473 | 80% |
| Built year | 1959 | 1961 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 1537 | 0% |
Mar 24, 2026
$1,999,999
Initial Listing