4535 W COTTONTAIL Road, Phoenix, AZ 85086, Phoenix, 85086 - 3 bed, 3 bath
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Phoenix, AZ 85086
This Desert-Backed Lifestyle Residence is a High-Potential Investment Opportunity, listed at $534,999—positioned well below the $604,036 Fair Market Value by 11%. This valuation gap offers $69,037 in Instant Equity. Maintaining a Good Condition Rating, the property features a newly installed pool, mountain views, and an updated kitchen. Situated near the 10/10 Diamond Canyon Elementary, it combines resort-style Anthem amenities with immediate financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4535 W COTTONTAIL Road Subject | $524,999* List Price | 3 | 3 | 2,039 | $257 | - |
A 4516 W FORTUNE Drive Sold | $480,000 | 4 | 3 | 2,162 | $222 | 0.3 mi |
B 4614 W COTTONTAIL Road Sold | $414,000 | 4 | 2 | 1,757 | $236 | 0.2 mi |
C 4542 W STONEMAN Drive Sold | $420,000 | 3 | 2 | 1,625 | $258 | 0.1 mi |
D 4638 W Venture Court Sold | $530,000 | 3 | 2 | 2,131 | $249 | 0.4 mi |
E 4524 W STONEMAN Drive Active | $498,000 List Price | 4 | 2 | 1,860 | $268 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained since its 2004 construction. It features significant aesthetic updates including a refreshed kitchen with two-tone cabinetry, stone countertops, and a modern tile backsplash, as well as updated wood-look flooring in the main living areas. The addition of a newly installed pool and a solar system adds modern value, though some elements like the electric coil-top stove and standard fixtures reflect the home's age, placing it firmly in the 'Good' category.
Middle School: Diamond Canyon Elementary School (10/10).
The property backs directly to open desert with no rear neighbors, providing exceptional privacy and unobstructed mountain and sky views.
The outdoor space features a newly installed pool with a descent waterfall and an extended covered patio, creating a high-end environment for entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2039, other record living area = 2104.
The $310 association fee represents a notable recurring monthly expense that may impact the overall affordability for some buyers.
The multi-level design with an upstairs loft may be less appealing to buyers specifically seeking the accessibility and cooling efficiency of a single-story home.
Move-in ready 3 bedroom, 2.5 bathroom home with loft and private pool located in the highly sought-after Anthem Parkside community in Phoenix, AZ. This beautifully updated home backs to open desert with no rear neighbors, offering exceptional privacy and stunning mountain and sky views. The open-concept layout is designed for modern living and entertaining, featuring an upgraded kitchen with white cabinetry, modern backsplash, upgraded countertops, stainless steel appliances, and a walk-in pantry, all flowing seamlessly into the spacious great room filled with natural light. Upstairs, the oversized loft provides flexible space ideal for a media room, home office, game room, or second living area. The bedrooms are generously sized, creating comfort and separation for family or g Step outside to your private backyard oasis featuring a newly installed pool with sheer-descent waterfall, extended covered patio, and desert views--perfect for relaxing or entertaining year-round. The home also includes a solar system for energy efficiency, helping keep utility costs manageable. Located in the award-winning Anthem community, residents enjoy access to Anthem Community Park, featuring a water park, heated pools, fitness center, pickleball and tennis courts, basketball courts, skate park, and miles of walking and hiking trails. Conveniently located near shopping, dining, schools, and easy freeway access, this home is ideal for buyers searching for a Anthem AZ home with pool, desert view property, home with no rear neighbors, move-in ready home with loft, or energy-efficient home in North Phoenix.
No exterior & parking available.
Grades PK-6 • 4.4 mi
Grades PK-8 • 0.7 mi
Grades PK-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,039 | 2,172 | 37% |
| Lot Size | 5,969 | 7,706 | 25% |
| Price | $525.0K | $460.0K | 61% |
| Price per sq ft | $257 | $238 | 58% |
| Built year | 2004 | 2003 | 57% |
| HOA | $310 | $263 | 65% |
| Days on market | 108 | 1893 | 1% |
Apr 23, 2026
$524,999
$534,999
-2% Price Drop
Initial Listing
Feb 19, 2026
$534,999
Initial Listing