4923 E PALM Lane, Phoenix, AZ 85008, Phoenix, 85008 - 4 bed, 2 bath
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Phoenix, AZ 85008
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $510,000—positioned above the $484,735 Fair Market Value. While priced slightly above market, the property maintains a Mint Condition Rating due to a complete modern renovation, including a new primary suite and owned solar panels. Located in the desirable Arcadia Lite area, this home offers a premium lifestyle without HOA restrictions. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready sanctuary in a high-demand Phoenix neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4923 E PALM Lane Subject | $499,900* List Price | 4 | 2 | 1,813 | $264 | - |
A 2601 N 51ST Street Active | $499,000 List Price | 4 | 3 | 1,883 | $265 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone a complete modern renovation within the last 5 years. The interior features a fully remodeled kitchen with quartz countertops and stainless steel appliances, updated flooring, fresh paint, and a newly added primary suite. The inclusion of owned solar panels and modern finishes indicates mint condition with no deferred maintenance.
Situated in the highly sought-after Arcadia Lite area, this property offers exceptional access to Papago Park, Old Town Scottsdale, and major transit hubs without the restrictions of an HOA.
The home features owned solar panels, providing a significant long-term financial benefit by reducing utility costs and increasing energy independence in the Arizona climate.
A complete renovation has delivered a desirable split floor plan, a contemporary kitchen with a large center island, and a luxurious primary suite, ensuring move-in-ready appeal.
The local assigned schools, Brunson-Lee Elementary and Camelback High School, both carry a rating of 3, which may be a drawback for education-focused families.
Originally built in 1955, the property may possess aging underlying systems such as plumbing or electrical that could require more maintenance than a newer construction home.
Welcome to your dream home in the highly sought-after Arcadia Lite area! This beautifully updated 4-bedroom, 2-bath residence offers 1,813 square feet of thoughtfully designed living space with a desirable split floor plan and modern finishes throughout. Natural light fills the open-concept living area, creating a warm and inviting atmosphere perfect for everyday living and entertaining. The stunning remodeled kitchen serves as the heart of the home, featuring a large center island, ample storage, and seamless views into the living room. A complete renovation added a luxurious primary suite with a spacious walk-in closet and spa-inspired bathroom, providing the perfect private retreat. Enjoy Arizona living year-round with owned solar panels, helping to maximize energy efficiency and utility costs. Situated in the desirable non-HOA community of Orangedale Manor, this home offers exceptional convenience with easy access to Papago Park, the Phoenix Zoo, Desert Botanical Garden, Arizona State University, Tempe Marketplace, Old Town Scottsdale, Phoenix Sky Harbor Airport, and major freeways. Combining modern updates, an unbeatable location, and move-in-ready appeal, this exceptional home offers the best of the Arcadia lifestyle. Don't miss your opportunity to make it yours!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,813 | - |
| Lot Size | 6,569 | - |
| Price | $499.9K | $495.4K |
| Price per sq ft | $276 | $290 |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 1260 |
Jul 19, 2026
$499,900
$510,000
-2% Price Drop
Initial Listing
Jun 8, 2026
$510,000
Initial Listing