4619 E ADOBE Drive, Phoenix, AZ 85050, Phoenix, 85050 - 3 bed, 2 bath
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Phoenix, AZ 85050
This Renovated Desert Ridge Residence is a High-Potential Investment Opportunity listed at $575,000—positioned well below the $689,449 Fair Market Value by 16%. This valuation gap delivers $114,449 in Instant Equity. Boasting an Excellent Condition Rating, the home features a New Roof (2026), Granite Kitchen, and proximity to the 10/10 rated Desert Trails Elementary. The low-maintenance backyard with a covered patio enhances its lifestyle appeal. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset in a premier district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4619 E ADOBE Drive Subject | $569,000* List Price | 3 | 2 | 1,288 | $430 | - |
A 4421 E MOSSMAN Road Sold | $610,000 | 3 | 2 | 1,662 | $367 | 0.4 mi |
B 4520 E LONE CACTUS Drive Sold | $630,000 | 3 | 2 | 1,288 | $489 | 0.5 mi |
C 4520 E Lone Cactus Drive Sold | $630,000 | 3 | 2 | 1,289 | $489 | 0.5 mi |
D 4520 E LONE CACTUS Drive Sold | $630,000 | 3 | 2 | 1,288 | $489 | 0.5 mi |
E 4421 E MOSSMAN Road Sold | $610,000 | 3 | 2 | 1,663 | $367 | 0.4 mi |
F 4421 E MOSSMAN Road Sold | $610,000 | 3 | 2 | 1,663 | $367 | 0.4 mi |
G 4432 E MELINDA Lane Active | $559,500 List Price | 3 | 2 | 1,394 | $401 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1996, the property has undergone extensive renovations within the last five years, meeting the criteria for excellent condition. Significant capital improvements include a new roof (2026), fresh exterior paint (2025), and a new water heater (2024). The interior was fully updated in 2022 with modern tile flooring, upgraded cabinetry, granite countertops, and stainless steel Samsung appliances, leaving no deferred maintenance.
Elementary School: Desert Trails Elementary School (10/10).
The property features a brand-new roof (2026), fresh exterior paint (2025), and a new water heater (2024), significantly reducing immediate maintenance concerns and future costs for the buyer.
Situated in the highly desirable Desert Ridge area, the home is within walking distance of a 10/10 rated elementary school and minutes from premier shopping, dining, and major freeway access.
At 1,288 square feet, the living spaces and bedrooms may feel compact for a three-bedroom home, potentially limiting its appeal to growing families or those requiring more interior volume.
The list price represents a premium valuation per square foot for the neighborhood, which may pose appraisal challenges or deter value-conscious buyers looking for more space at this price point.
Exceptional value in Desert Ridge! This move-in-ready home combines thoughtful updates and recent major improvements, perfect for low-maintenance living in an unbeatable location. The desirable split-floor plan features tile flooring throughout, upgraded shaker-style cabinetry, granite countertops, stainless steel Samsung appliances, plantation shutters, and neutral paint. Step outside to a private backyard designed for easy Arizona living, featuring turf, pavers, a covered patio, and mature fruit trees. Recent big-ticket updates include a brand-new roof (2026), fresh exterior paint (2025), and a new gas water heater (2024), for true peace of mind. Combined with the premier location near Mayo Clinic, Honor Health, Desert Ridge Marketplace, Wildfire Golf Club, Cashman Park, walking/biking paths, top-rated schools, and Loop 101/SR-51 access, this home truly checks all the boxes!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 0.8 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,288 | 1,962 | 6% |
| Lot Size | 5,716 | 6,096 | 43% |
| Price | $569.0K | $500.0K | 67% |
| Price per sq ft | $442 | $299 | 96% |
| Built year | 1996 | 1998 | 43% |
| HOA | $300 | $132 | 94% |
| Days on market | 65 | 1589 | 1% |
Apr 15, 2026
$569,000
$575,000
-1% Price Drop
Initial Listing
Feb 16, 2026
$575,000
Initial Listing