505 E ADAIR Drive, Phoenix, AZ 85012, Phoenix, 85012 - 3 bed, 3 bath
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Phoenix, AZ 85012
This Contemporary Santa Barbara Estate is a Stunning Move-In Ready Home listed at $1,340,000, representing a stable investment aligned with its $1,315,595 Fair Market Value. Boasting an Excellent Condition Rating, the interior features 17-foot ceilings, wide-plank white oak flooring, and a versatile guest casita perfect for visitors or a home office. Situated in an exclusive 10-home gated community with direct park access and proximity to top-rated Madison schools, this residence offers a refined lifestyle. It is the perfect fit for Luxury Homeowners or Multi-generational Families seeking a sophisticated, turnkey sanctuary.
Property is new construction or fully renovated.
Although built in 2003, the property has undergone significant high-end updates within the last few years, including the installation of wide-plank white oak flooring, modern designer light fixtures, and a contemporary 70-inch gas fireplace. The kitchen is in pristine condition with granite countertops and stainless steel appliances, and the primary suite features a luxurious limestone bathroom. The overall aesthetic is modern and move-in ready with no signs of deferred maintenance.
The property includes a separate attached casita with customized built-ins and a full bath, providing an ideal space for multi-generational living, a private home office, or guest accommodations.
This 'Crown Gem' features 17-foot ceilings, wide-plank white oak flooring, and a 70-inch gas fireplace, offering a high-end Contemporary Santa Barbara aesthetic with exceptional natural light.
Located in an intimate 10-home gated community, the residence sits on a premium lot siding to a private community park with direct access, ensuring enhanced privacy and security.
While the elementary and middle schools are well-rated at 7/10, the assigned high school has a significantly lower rating of 3/10, which may impact appeal for families with older children.
The 7,054 square foot lot is relatively small for a luxury home of this scale, resulting in an 'intimate' backyard that may lack the space desired by buyers seeking a large yard or private pool.
This enhanced Contemporary Santa Barbara is the ''Crown Gem'' in the gated (only 10 homes} community of Adair Manor. Ideally located siding to the private community park with direct access from the garage. Beyond charming lush courtyard greets you at the front entrance with a FP seating area and access to a separate attached casita with customized built-in cabinetry, walk-in closet and a full bath. Enter the main house through a custom 9ft bevelled glass door into an architectural wonderous experience of 17ft ceilings with beautiful light through stunning windows, french doors and updated light fixtures. Entertainment wet bar and large formal dining room. Wide plank white oak wood floors flow beautifully, designer touches and an impressive 70'' gas FP. Kitchen and breakfast nook display courtyard and park views. Granite counters, gas range, SS appliances, coffee bar & pantry. Primary bedroom has luxurious limestone bathroom and closet built ins. Guest bed and bath plus an office w/ windowed alcove & built in bookcases. All single level (no steps) living. Intimate backyard with stone walls, planters, gas BBQ patio area, lush greenery and gazebo.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 0.6 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 2,853 | 2,403 | 79% |
| Lot Size | 7,054 | 9,557 | 11% |
| Price | $1.34M | $332.5K | 95% |
| Price per sq ft | $470 | $131 | 76% |
| Built year | 2003 | 1950 | 84% |
| HOA | $225 | $0 | 92% |
| Days on market | 37 | 2085 | 3% |
Mar 19, 2026
$1,340,000
Initial Listing