
Phoenix, AZ 85016
This Luxury High-Rise Condominium is a Strong Value Opportunity, with a List Price of $415,000—positioned well below the $442,707 Fair Market Value by 6%. This valuation gap secures $27,707 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the 10th-floor residence features a modern granite kitchen, mountain views, and a newer HVAC system. Residents enjoy resort-style amenities including a rooftop pool and concierge service in the heart of the Biltmore district. This is an ideal acquisition for Luxury-Seeking Professionals or Owner-Occupants looking for a turnkey, value-driven urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4808 N 24TH Street 1005 Subject | $415,000* List Price | 2 | 2 | 1,121 | $395 | - |
A 4808 N 24TH Street 1427 Sold | $479,000 | 2 | 2 | 1,089 | $440 | 0.0 mi |
B 4808 N 24TH Street 1427 Sold | $479,000 | 2 | 2 | 1,089 | $440 | 0.0 mi |
C 4808 N 24TH Street 1427 Sold | $479,000 | 2 | 2 | 1,089 | $440 | 0.0 mi |
D 2482 E ROMA Avenue Sold | $447,500 | 2 | 3 | 1,203 | $372 | 0.5 mi |
E 2482 E ROMA Avenue Sold | $447,500 | 2 | 3 | 1,239 | $361 | 0.5 mi |
F 4808 N 24TH Street 530 Sold | $389,000 | 1 | 1 | 1,008 | $386 | 0.0 mi |
G 4808 N 24TH Street 231 Active | $425,000 List Price | 2 | 2 | 1,116 | $381 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (approx. 18-20 years old), the property is well-maintained and move-in ready. It features a modern kitchen with granite countertops and recent updates including a newer HVAC system, fresh interior paint, and updated appliances, fitting the criteria for a functional and updated home in this age bracket.
Situated in the heart of the prestigious Biltmore area, this property offers unparalleled walkability to premier shopping, dining, and entertainment venues.
The Optima Biltmore Towers provide a luxury lifestyle with high-end features including a rooftop pool and spa, a fitness center, and full-service concierge.
The unit features a newer HVAC system, fresh interior paint, and updated appliances, offering a move-in-ready experience with reduced immediate maintenance concerns.
The association fee of $821 per month is substantial and may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned public schools have ratings ranging from 3 to 4, which may be a drawback for families prioritizing high-performing educational districts.
You found it! Experience elevated urban living in the sought-after Optima Biltmore Towers with this stylish 10th-floor condo offering 2 bedrooms and 2 baths across 1,121 sq ft. Enjoy a bright, open layout with a modern kitchen featuring granite countertops, spacious living area, and a private balcony with serene courtyard and city views. Recent updates include newer HVAC, fresh interior paint, and updated appliances. Located in the heart of the Biltmore, directly across from premier shopping, dining, and entertainment, this full-service community offers resort-style amenities including rooftop pool and spa, fitness center, concierge, and secure parking. Optima Biltmore Towers delivers the perfect blend of luxury, convenience, and lock-and-leave lifestyle.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 1.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,121 | 1,185 | 46% |
| Lot Size | 1,091 | 1,008 | 63% |
| Price | $415.0K | $381.5K | 55% |
| Price per sq ft | $370 | $312 | 62% |
| Built year | 2006 | 1984 | 76% |
| HOA | $821 | $365 | 84% |
| Days on market | 3 | 1429 | 1% |
Apr 22, 2026
$415,000
Initial Listing