4614 E DEVONSHIRE Avenue, Phoenix, AZ 85018, Phoenix, 85018 - 4 bed, 2 bath
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Phoenix, AZ 85018
This Fully Remodeled Arcadia Residence is a Prime Investment Opportunity, listed at $1,025,000—positioned well below the $1,392,059 Fair Market Value by 26%. This valuation gap offers $367,059 in Instant Equity. Boasting a Condition Rating of 2, the home features a designer kitchen, Camelback Mountain views, and a functional layout. Located within the elite Hopi Elementary boundaries near The Global Ambassador, it pairs lifestyle luxury with significant financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a high-equity asset in Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4614 E DEVONSHIRE Avenue Subject | $1,025,000* List Price | 4 | 2 | 2,140 | $650 | - |
A 4550 E GLENROSA Avenue Sold | $1,250,000 | 4 | 3 | 2,269 | $551 | 0.1 mi |
B 4550 E GLENROSA Avenue Sold | $1,250,000 | 4 | 3 | 2,359 | $530 | 0.1 mi |
C 4842 E FAIRMOUNT Avenue Sold | $810,000 List Price | 3 | 2 | 1,772 | 0.5 mi | |
D 4240 E SELLS Drive Sold | $1,020,390 | 4 | 3 | 2,165 | $471 | 0.5 mi |
E 4240 E SELLS Drive Sold | $1,020,390 | 4 | 3 | 2,111 | $483 | 0.5 mi |
F 4240 E SELLS Drive Sold | $1,020,390 | 3 | 3 | 2,052 | $497 | 0.5 mi |
G 4402 E Montecito Avenue Active | $894,999 List Price | 4 | 3 | 2,105 | $425 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1953, the property has undergone a comprehensive recent remodel and addition that brings it to modern standards. The interior features updated light-colored wood flooring, fresh paint, and modern light fixtures. The addition of mini-split cooling systems and the high-quality finishes in the kitchen and bathrooms, as described and shown in the images, indicate that all major components are virtually new. The exterior has been modernized with a clean white and black aesthetic and updated landscaping, meeting the criteria for a fully renovated home with no deferred maintenance.
Situated in the heart of Arcadia, this home offers an elite lifestyle with walking distance to The Global Ambassador and LGO, while being located within the highly-coveted Hopi Elementary School boundaries.
The property features a comprehensive remodel and addition, boasting a light-filled open layout, a designer kitchen with a beverage bar, and sought-after views of Camelback Mountain.
With 2,140 square feet of updated living space, the home includes a large laundry room with extensive storage and a functional four-bedroom floor plan that meets modern family needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2140, other record living area = 1574.
The home features four bedrooms but only two bathrooms, which may be considered insufficient for a luxury property at this price point or for larger families.
At 5,811 square feet, the lot is relatively small for the Arcadia area, potentially limiting outdoor yard space and privacy compared to neighboring properties.
Perfectly positioned in the heart of Arcadia, this beautifully remodeled home offers the ideal blend of location, lifestyle, and design. Just steps from Arcadia favorites like The Global Ambassador, LGO, and Kachina Park and within coveted Hopi School boundaries, this home truly checks every box. The current owners completed a full remodel and addition, creating a functional, light-filled layout with stunning Camelback Mountain views. The home includes four bedrooms and two beautifully remodeled bathrooms. The kitchen anchors the residence with a generous island and a beverage/pantry bar, perfect for entertaining. A large laundry room with ample storage adds everyday convenience, while a backyard shed provides additional storage.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 2,140 | 2,705 | 28% |
| Lot Size | 5,811 | 9,936 | 4% |
| Price | $1.02M | $1.15M | 48% |
| Price per sq ft | $479 | $473 | 51% |
| Built year | 1953 | 1961 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 1537 | 1% |
Feb 6, 2026
$1,025,000
Initial Listing