
Phoenix, AZ 85018
This High-Potential Arcadia Estate is a High-Potential Investment Opportunity listed at $2,199,000, representing a stable entry point at its $2,199,000 Fair Market Value. Boasting a Condition Rating of 4, the residence features hardwood flooring and high-end appliances as a foundation for significant appreciation. The oversized north-south lot includes a PebbleTec diving pool and rare, unobstructed Camelback Mountain views. Located within the Arcadia High School boundary, this property offers immense upside for Luxury Renovators or Owner-Occupants looking to build a $5M+ dream home in Phoenix’s most prestigious enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4851 E CALLE TUBERIA -- Subject | $2,199,000* List Price | 4 | 3 | 2,456 | $895 | - |
A 4108 N 52ND Street Sold | $2,000,000 | 4 | 2 | 2,674 | $748 | 0.4 mi |
B 4525 E CALLE VENTURA -- Sold | $2,600,000 | 4 | 3 | 2,741 | $949 | 0.6 mi |
C 3617 N 47TH Place Sold | $2,500,000 | 3 | 2 | 2,350 | $1,064 | 0.6 mi |
D 4525 E CALLE VENTURA -- Sold | $2,600,000 | 4 | 3 | 2,828 | $919 | 0.6 mi |
E 4627 E CALLE REDONDA -- Sold | $2,550,000 List Price | 5 | 4 | 3,328 | 0.4 mi | |
F 3630 N 54TH Court Active | $2,395,000 List Price | 4 | 3 | 2,320 | $1,032 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is well-maintained and move-in ready but remains largely outdated relative to modern luxury standards. While the home features hardwood flooring and high-end kitchen appliances (like the Wolf range), the cabinetry, bathrooms, and light fixtures reflect older styles from previous decades. The listing description emphasizes the property's 'potential' and 'opportunity to create a dream home,' acknowledging that substantial renovations are expected to bring the interior up to the $5M+ neighborhood standard.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14218, living area = 2456.
Situated in a prestigious enclave where neighboring remodeled homes command upwards of $5M, this property offers exceptional equity potential and walkability to premier dining and shopping.
The home boasts rare, unobstructed views of Camelback Mountain from all north-facing front rooms, providing a high-value aesthetic that is highly coveted in the Phoenix market.
Built in 1963 and marketed for its 'potential,' the property likely requires a substantial capital investment to update its systems and finishes to match the standards of the surrounding $5M+ homes.
At a list price of $2.199M for under 2,500 square feet, the cost per square foot is high, reflecting land value and location rather than the current condition of the existing structure.
Incredible potential in the heart of prestigious Arcadia on an oversized north-south lot in one of the neighborhood's most sought-after enclaves, where remodeled homes command upwards of $5M. This 4-bedroom, 2.5-bath residence offers breathtaking unobstructed Camelback Mountain views from all north-facing front rooms, while the private backyard retreat features a sparkling PebbleTec diving pool and expansive patio. Situated within walking distance to premier Arcadia restaurants, shopping, and Arcadia High School, the home boasts hardwood flooring and high-end appliances as a foundation for your buyers' vision. With inspiration, this prime Arcadia location presents an exceptional opportunity to create a dream home in one of Phoenix's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,456 | 2,705 | 41% |
| Lot Size | 14,218 | 9,936 | 70% |
| Price | $2.20M | $1.20M | 79% |
| Price per sq ft | $895 | $473 | 86% |
| Built year | 1963 | 1961 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 99 | 1537 | 3% |
Jan 17, 2026
$2,199,000
Initial Listing