4848 W HIGHLAND Avenue, Phoenix, AZ 85031, Phoenix, 85031 - 3 bed, 2 bath
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Phoenix, AZ 85031
This Mid-Century Character Home is a strategic acquisition, listed at $350,000—positioned below the $354,073 Fair Market Value by 1%. This valuation gap offers $4,073 in Instant Equity. While currently holding a Fair Condition Rating, the property boasts high-demand features including a Diving Pool, a spacious Arizona Room, and a covered patio. With a larger footprint than many nearby comparable sales, this John F. Long build balances vintage charm with rental-ready stability. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4848 W HIGHLAND Avenue Subject | $350,000* List Price | 3 | 2 | 1,708 | $207 | - |
A 4724 W MONTEROSA Street Sold | $335,000 | 3 | 2 | 1,460 | $229 | 0.7 mi |
B 4727 N 50TH Drive Active | $344,999 List Price | 3 | 2 | 1,899 | $182 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this property is well-maintained but significantly outdated, retaining much of its original '50s charm' which translates to aged infrastructure. The kitchen features vintage cabinetry, laminate countertops, and older white appliances, while the bathrooms show dated vanities and tub surrounds. While the home is move-in ready and functional, the lack of recent renovations to major aesthetic and mechanical components aligns with the fair condition category.
The property features a desirable diving pool and a spacious backyard with real grass, offering a perfect setting for outdoor activities and entertaining in the Phoenix climate.
With 1,708 square feet including three bedrooms, two bathrooms, a dedicated den, and a classic Arizona room, the home provides significantly more functional living area than many standard mid-century models.
Built by the renowned John F. Long, this home retains its unique 1950s charm and architectural individuality, appealing to buyers looking for a residence with historical character rather than a modern cookie-cutter design.
Constructed in 1955, the property may require ongoing maintenance or future capital improvements to major systems like plumbing and electrical to meet contemporary efficiency standards.
The 6,199 square foot lot is relatively modest for a home that includes a diving pool and an Arizona room, which may limit additional outdoor expansion or alternative yard uses.
Buy Now, Play Now! Built by John F Long, this is the perfect Phoenix getaway home or full-time residence. Step inside and you will feel right at home. Entertain your friends & family with the diving pool and a big backyard with real grass. Three bedrooms, two bathrooms, a den and even an Arizona room, full of old-style 50s charm. Now there is a home as individual as you are. Without a doubt, it is priced to make you the lucky new owner. Nearby you'll find a fun neighborhood park, shopping, dining, and other recreation. Move-in ready for a summer full of fun in Phoenix! It's impossible to be bored when you live in the "Valley of the Sun." This area offers scenic beauty, miles of natural parkland, picturesque lakes, and a wide variety of activities, events, and attractions for every interest. Surrounding cities and metropolitan areas offer a unique mix of culture, shopping, sports stadiums, concert arenas, and attractions ranging from the cosmopolitan to the Southwestern.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,708 | 1,444 | 74% |
| Lot Size | 6,199 | 7,172 | 17% |
| Price | $350.0K | $283.7K | 86% |
| Price per sq ft | $205 | $156 | 67% |
| Built year | 1955 | 1957 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 73 | 1374 | 3% |
Feb 12, 2026
$350,000
Initial Listing