
Phoenix, AZ 85016
This Ground-Floor Biltmore Residence is listed at $299,900, representing a stable and fair acquisition at its $299,900 Fair Market Value. Boasting a Good Condition Rating, the property features essential mechanical upgrades including a new A/C system (2024) and new windows (2023). Residents enjoy a premium lifestyle with scenic golf course and mountain views and direct gated access to Safeway. Situated in the Madison School District near Biltmore Fashion Park, this move-in-ready home is an ideal sanctuary for Seasonal Residents or Professionals seeking low-maintenance luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5102 N 31ST Place 412 Subject | $299,900* List Price | 1 | 2 | 1,224 | $245 | - |
A 5132 N 31st Way 114 Sold | $245,000 | 1 | 1 | 1,073 | $228 | 0.1 mi |
B 5124 N 31st Place 546 Sold | $375,000 List Price | 1 | 1 | 1,240 | 0.1 mi | |
C 5122 N 31st Way 213 Sold | $239,000 | 1 | 1 | 1,032 | $232 | 0.1 mi |
D 5124 N 31ST Place 534 Active | $385,000 List Price | 2 | 1 | 1,258 | $306 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements, including a new A/C system (2024) and new windows (2023). The bathroom has been tastefully updated with a modern vanity, stone countertops, and contemporary fixtures. The living areas show well-maintained flooring and plantation shutters. While the unit is highly updated and well-maintained, its 1981 construction and the absence of a total recent renovation of all components place it firmly in the 'good' category.
Situated in the prestigious Biltmore Estates, this ground-floor unit offers exceptional proximity to the Arizona Biltmore Resort, high-end shopping at Biltmore Fashion Park, and direct gated access to Safeway.
The property features significant recent capital improvements, including a brand-new A/C system installed in 2024 and new windows from 2023, providing immediate value and energy efficiency.
The association fee covers extensive maintenance including the roof, exterior, water, sewer, and trash, offering owners predictable monthly costs and protection from major exterior repair expenses.
At $735 per month, the association dues are relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
As a one-bedroom residence, the property may face a more limited pool of buyers compared to multi-bedroom units, potentially affecting long-term resale versatility.
Rare first-floor opportunity in the prestigious Biltmore Estates -- offering convenient ground-level access and one of the most accessible price points currently available in Biltmore Terrace. Unit #412 features 1,224 sq. ft. of spacious 1-bedroom, 1.5-bath living just moments from the iconic Arizona Biltmore - A Waldorf Astoria Resort. This well-maintained residence includes new windows (2023) and a new A/C system (2024), open living and dining areas, and a private patio within a beautifully landscaped, professionally managed community. The HOA provides extensive coverage, including exterior maintenance of the unit, roof repair and replacement, building insurance, water, sewer, waste collection, landscaping, and street maintenance -- --offering predictable ownership costs and protection from major exterior expenses. Residents enjoy two pools (one heated), a fitness center, and direct gated access to Safeway. Located near the Arizona Biltmore Golf Club and minutes from shopping and dining at Biltmore Fashion Park. An exceptional entry into Biltmore living.
No exterior & parking available.
Grades 5-8 • 1.7 mi
Grades PK-4 • 2.6 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,224 | 1,189 | 60% |
| Lot Size | 1,207 | 1,008 | 74% |
| Price | $299.9K | $360.0K | 46% |
| Price per sq ft | $245 | $312 | 36% |
| Built year | 1981 | 1984 | 44% |
| HOA | $735 | $365 | 80% |
| Days on market | 230 | 1430 | 28% |
Sep 8, 2025
$299,900
Initial Listing