5122 N 31ST Way 238, Phoenix, AZ 85016, Phoenix, 85016 - 1 bed, 2 bath
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Phoenix, AZ 85016
This Sophisticated Turnkey Biltmore Condominium is listed at $349,000, representing a stable entry point aligned with its $343,500 Fair Market Value. Boasting a Comprehensive Renovation Rating, the interior features a designer Quartz Kitchen with two-toned cabinetry and new LVT flooring. The primary suite includes a private patio and Marble Bathrooms. Located near Madison Elementary and Middle Schools and Camelback High, this gated community offers resort-style pools and fitness amenities. It is an ideal sanctuary for Professionals or Seasonal Residents seeking a polished, move-in-ready lifestyle in the heart of Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5122 N 31ST Way 238 Subject | $325,000* List Price | 1 | 2 | 1,170 | $276 | - |
A 5122 N 31st Way 213 Sold | $239,000 | 1 | 1 | 1,032 | $232 | 0.0 mi |
B 5132 N 31st Way 114 Sold | $245,000 | 1 | 1 | 1,073 | $228 | 0.0 mi |
C 5110 N 31ST Way N 345 Sold | $390,000 | 2 | 2 | 1,415 | $276 | 0.0 mi |
D 5132 N 31st Way 114 Sold | $245,000 | 1 | 1 | 1,073 | $228 | 0.0 mi |
E 5110 N 31st Way 345 Sold | $390,000 | 2 | 2 | 1,415 | $276 | 0.0 mi |
F 5201 N 24TH Street 206 Sold | $420,000 | 2 | 2 | 1,189 | $353 | 0.8 mi |
G 5132 N 31st Way N 134 Active | $365,000 List Price | 2 | 1 | 1,231 | $297 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation that meets modern quality standards. Key features include a completely remodeled kitchen with quartz countertops and two-toned cabinetry, updated bathrooms with marble surfaces and contemporary fixtures, new LVT flooring throughout, and a brand-new A/C system installed in 2022.
Situated in the exclusive, gated Biltmore Terrace community, this property offers unbeatable access to premier shopping, dining, Camelback Mountain, and Old Town Scottsdale.
The interior features sophisticated upgrades including quartz countertops, two-toned cabinetry, marble bathroom finishes, and a brand-new A/C system installed in 2022.
Residents benefit from luxury community features such as two sparkling pools, a fitness center, a recreation room, and direct access to the scenic Biltmore Circle.
The association fee of $650 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Despite the generous 1,170 square footage and two bathrooms, the single-bedroom configuration may limit the property's appeal to a smaller pool of buyers.
Welcome to your beautifully remodeled home in the heart of the exclusive, gated Biltmore Terrace community. Thoughtfully redesigned with exquisite attention to detail, this bright and open space exudes modern elegance. Enjoy the newer A/C installed in 2022 and new LVT flooring throughout, enhancing the home's seamless, neutral aesthetic. The kitchen is a showstopper; featuring sleek two-toned cabinetry, quartz countertops, and an extended island perfect for entertaining. The primary suite offers a private retreat with direct patio access, while the stunningly updated bathroom boasts marble countertops and plenty of space. Enjoy resort-style living with access to two sparkling pools, a fitness center, a rec room, and beautifully landscaped grounds that connect to Biltmore Circle. Just steps from premier shopping and dining at 32nd St & Camelback, and minutes from Camelback Mountain, Old Town Scottsdale, and the Biltmore area this location is truly unbeatable.
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 | 1.0 | 2.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,170 | 1,185 | 47% |
| Lot Size | 1,226 | 1,008 | 75% |
| Price | $325.0K | $360.0K | 48% |
| Price per sq ft | $278 | $312 | 41% |
| Built year | 1981 | 1984 | 44% |
| HOA | $650 | $365 | 75% |
| Days on market | 80 | 1430 | 1% |
Apr 24, 2026
$325,000
$340,000
-4% Price Drop
Initial Listing
Apr 10, 2026
$340,000
$349,000
-3% Price Drop
Initial Listing
Feb 5, 2026
$349,000
Initial Listing