4808 N 24TH Street 305, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 2 bath
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Phoenix, AZ 85016
This Upscale Biltmore Residence is a Strong Value Opportunity, listed at $363,000—positioned well below the $395,534 Fair Market Value by 8%. This valuation gap provides $32,534 in Instant Equity. Boasting a Condition Rating of 3, the unit features a modern kitchen with Thermador appliances, floor-to-ceiling windows, and two dedicated parking spaces. Residents enjoy resort-style amenities and proximity to Madison District Schools. This is an ideal acquisition for Owner-Occupants seeking urban luxury or Buy-and-Hold Investors targeting the high-demand Camelback Corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4808 N 24TH Street 305 Subject | $363,000* List Price | 2 | 2 | 1,121 | $353 | - |
A 2482 E ROMA Avenue Sold | $447,500 | 2 | 3 | 1,203 | $372 | 0.5 mi |
B 1701 E Colter Street 308 Sold | $272,000 | 2 | 2 | 971 | $280 | 0.9 mi |
C 4808 N 24th Street 602 Sold | $254,900 List Price | 1 | 1 | 883 | 0.0 mi | |
D 2482 E ROMA Avenue Sold | $447,500 | 2 | 3 | 1,239 | $361 | 0.5 mi |
E 4808 N 24TH Street 530 Sold | $389,000 | 1 | 1 | 1,008 | $386 | 0.0 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, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready and features high-quality, well-maintained original components including a modern kitchen with premium Thermador stainless steel appliances, floor-to-ceiling windows, and consistent tile flooring throughout. While the cabinetry and bathroom finishes reflect the building's original era, they remain functional and stylish with no signs of deferred maintenance.
Situated in the heart of the Camelback Corridor, this property offers unparalleled walkability and access to Biltmore Fashion Park, luxury dining, and premier golf courses.
The building features high-end amenities including a rooftop pool with 360-degree mountain views, an on-site concierge, and a fitness center conveniently located on the same floor as the unit.
The residence boasts floor-to-ceiling windows, a modern kitchen with a Thermador gas cooktop, and the rare inclusion of two dedicated parking spaces plus a storage locker.
The monthly association fee of $775 is relatively high, which may impact the overall affordability and investment yield for potential buyers.
The signature rooftop pool and spa are currently under construction, meaning these key lifestyle features are not immediately available for resident use.
Prime Biltmore location on the Camelback Corridor! Experience upscale urban living in this stunning 2-bedroom, 1.75-bathroom condo with 2 parking spaces located in the highly sought-after Optima Biltmore Towers. Boasting high 9-ft. ceilings and an open-concept design, this residence is bathed in natural light with floor to ceiling windows, creating a spacious and inviting atmosphere. The modern kitchen is wonderfully equipped for cooking and entertaining and features stainless steel appliances, a Thermador 5-burner gas cooktop, and large single basin sink. This 3rd floor condo with tile flooring throughout has 2 spacious bedrooms and offers courtyard views perfect for enjoying the courtyard water features and is conveniently located on the same floor as the fitness center. Enjoy top notch resort-style amenities, including a rooftop pool and spa (construction should be completed soon), rooftop relaxing space with lounge chairs, tables, and barbecues all with breathtaking 360-degree views of the city skyline and Camelback Mountain. Optima Biltmore also offers an on-site concierge, meeting space, and secured entry. This residence includes two parking spaces and a storage locker in the gated parking garage. Seller is also including the recently purchased washer and dryer. Located just minutes from Biltmore Fashion Park, top-rated restaurants, luxury shopping, golf, hiking trails, and Sky Harbor airport, this is the ultimate blend of urban sophistication and convenience.*Some furniture is virtually staged.
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 | $363.0K | $363.0K | 50% |
| Price per sq ft | $324 | $312 | 55% |
| Built year | 2006 | 1984 | 76% |
| HOA | $775 | $365 | 83% |
| Days on market | 16 | 1430 | 1% |
Apr 10, 2026
$363,000
Initial Listing