
Phoenix, AZ 85018
This Turnkey Biltmore Corridor Residence is listed at $440,000, representing a stable valuation for a fully modernized asset with a Condition Rating of 2. While the $404,162 Fair Market Value reflects a slight premium, the price accounts for extensive upgrades including a Modern Granite Kitchen and the rare inclusion of Two Reserved Underground Parking Spaces. Located minutes from Biltmore Fashion Park, this fully furnished home offers an immediate lifestyle upgrade in a premier gated community. It is an ideal match for Owner-Occupants seeking a move-in-ready sanctuary or Short-Term Rental Investors targeting a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5104 N 32ND Street 324 Subject | $440,000* List Price | 2 | 2 | 1,277 | $316 | - |
A 5104 N 32ND Street 311 Sold | $320,000 List Price | 2 | 2 | 1,277 | 0.0 mi | |
B 3825 E CAMELBACK Road 207 Sold | $315,000 | 2 | 2 | 1,184 | $266 | 1.0 mi |
C 3825 E CAMELBACK Road 182 Sold | $310,000 | 2 | 2 | 1,184 | $262 | 1.0 mi |
D 3825 E CAMELBACK Road 207 Sold | $315,000 | 2 | 2 | 1,184 | $266 | 1.0 mi |
E 5104 N 32ND Street 150 Active | $415,000 List Price | 2 | 2 | 1,277 | $325 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen features updated dark wood-grain cabinetry, granite countertops, a black subway tile backsplash, and stainless steel appliances. The living areas and bedrooms showcase consistent modern tile flooring, updated light fixtures, and a contemporary fireplace surround. Although built in 1990, the interior is in turnkey condition with no visible deferred maintenance, meeting the criteria for a recently renovated high-quality property.
Situated in the highly sought-after Biltmore corridor, this property offers exceptional proximity to luxury shopping at Biltmore Fashion Park, Scottsdale's entertainment districts, and Sky Harbor Airport.
The inclusion of two reserved underground parking spaces is a standout feature that provides a significant competitive advantage over most other units within the community.
As a fully furnished, updated unit with a proven track record as a successful short-term rental, this property offers an immediate 'turnkey' opportunity for investors or seasonal residents.
The monthly HOA fee of $574 is relatively high, which increases the total cost of ownership and may impact the net yield for investment-focused buyers.
The assigned high school has a low rating of 3/10, which could be a deterrent for families and may affect long-term appreciation compared to areas with higher-rated schools.
Turnkey opportunity in the highly sought-after Biltmore corridor - this beautifully maintained, fully furnished 2 bed, 2 bath condo offers the perfect blend of comfort, style, and location. The open-concept floor plan features a spacious living area, an updated kitchen with granite countertops and stainless steel appliances, and a private balcony ideal for relaxing or entertaining. Ideally positioned on the west-facing side of the community, this unit enjoys added privacy and minimal road noise - a rare advantage within the complex. Located just minutes from Biltmore Fashion Park, Scottsdale Fashion Square, Old Town Scottsdale, and Sky Harbor Airport, this provides convenient access to some of the Valley's best dining, shopping, and entertainment. A standout feature is the inclusion of two reserved underground parking spaces - a significant benefit over most units in the community. Previously operated as a successful, cash-flowing short-term rental, this property presents an excellent opportunity for investors or as a full-time residence in one of Phoenix's most desirable locations.
No exterior & parking available.
Grades 5-8 • 1.8 mi
Grades PK-4 • 2.6 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,277 | 1,044 | 80% |
| Lot Size | 1,448 | 815 | 87% |
| Price | $440.0K | $287.5K | 87% |
| Price per sq ft | $345 | $299 | 72% |
| Built year | 1990 | 1972 | 76% |
| HOA | $574 | $365 | 87% |
| Days on market | 39 | 1442 | 2% |
Mar 18, 2026
$440,000
Initial Listing