5124 N 31ST Place 534, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 1 bath
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Phoenix, AZ 85016
This Luxury Biltmore Condo is listed at $385,000, offering a stable acquisition at its $385,000 Fair Market Value. Boasting a Good Condition Rating, the interior features high-end walnut cabinetry, granite countertops, and new carpeting. The residence is defined by rare, unobstructed golf course, lake, and mountain views from the primary suite and private patio. Located in the prestigious Madison School District near Biltmore Fashion Park, this resort-style community provides 24-hour security and dual pools. It is an ideal sanctuary for Seasonal Residents or Professionals seeking a sophisticated lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5124 N 31ST Place 534 Subject | $369,999* List Price | 2 | 1 | 1,258 | $282 | - |
A 5110 N 31st Way 345 Sold | $390,000 | 2 | 2 | 1,415 | $276 | 0.0 mi |
B 5110 N 31ST Way N 345 Sold | $390,000 | 2 | 2 | 1,415 | $276 | 0.0 mi |
C 5124 N 31st Place 546 Sold | $375,000 List Price | 1 | 1 | 1,240 | 0.0 mi | |
D 5102 N 31ST Place 425 Sold | $360,000 | 1 | 1 | 1,073 | $336 | 0.1 mi |
E 5201 N 24TH Street 206 Sold | $420,000 | 2 | 2 | 1,189 | $353 | 0.7 mi |
F 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 move-in ready.
The property is move-in ready and well-maintained, featuring several significant updates that exceed the 'fair' category. The kitchen and bathroom have been renovated with walnut cabinetry, granite countertops, and a custom tiled walk-in shower. Additionally, the unit features new carpeting in the living and primary bedroom areas, plantation shutters, and crown molding. While the building dates to 1981 and some appliances are older black models, the overall quality and lack of deferred maintenance align with the 'good' condition criteria.
The property features rare, direct views of the AZ Biltmore golf course, the lake, and the mountain range from the primary bedroom, living room, and private patio.
Situated in a highly coveted area, the condo is within walking distance of luxury shopping at Biltmore Fashion Park, fine dining like Steak 44, and the scenic AZ Canal trails.
Residents enjoy a secure, resort-style lifestyle with 24-hour roving security, two pools, hot tubs, a fitness center, and professional on-site management.
The community enforces a strict no-pet policy, which significantly limits the potential buyer pool and may be a major drawback for many residents.
With two bedrooms but only one bathroom, the layout may be less convenient for guests or co-habitation compared to other units in this price range.
DIRECT LAKE/GOLF/MOUNTAIN VIEWS! LOCATION*LOCATION*LOCATION! FURNISHED (Except items listed in private remarks) ON THE LAKE! Absolutely Stunning Views of AZ Biltmore 3rd HOLE of GOLF Course, Lake and Spectacular Mountain Range On the 3rd Flr! Living the Dream of the Biltmore Lifestyle w One of A Kind Views and Sunsets in Prime AZ Location! 2 Bedroom 1 Bathroom Condo Has Unobstruted Views of from Primary Bedroom, Living Room and Patio. Open and Bright w Full Length Windows! Enter Directly Into Kitchen Area Featuring Plantation Shutters, Couffered Ceiing and Walnut Cabinetry w Granite Counters and Backsplash and Recessed Sink w Upgraded Pullout Chrome Faucet, Undermounted Cabinet Lighting and Black Appliances Included w Quaint Breakfast Sitting Area w Shutters. Great Room W Dining/Living Space and Direct Views of Lake/Golf/Mountains w Full Length Window, Crown Molding and French Doors Leading to Covered Patio w Extra Storage. Motorized Patio Shutter for Privacy! Custom Mirrored Display Niche w Shelving Off of Kitchen Area, Convenient Jack and Jill Bathroom w Split Bedrooms for Privacy. Custom Cabinetry w 2nd Vanity & TONS of Storage and Tiled Walk In Shower w Glass Shower Doors! Expansive Primary Bedroom w Full Length Mirrored Closet Doors and Large Full Length Windows for Stunning Lake/Golf Course/Mountain Views and Sitting Area. NEW Carpet In Living and Primary Bedroom Areas w Tile in Kitchen, 2nd Bedroom and Bathroom Areas. Stackable Laundry Room w Washer/Dryer Incl in Hallway for your Convenience. Don't Miss Out on this Premier Location within the Az Biltmore Estates adjacent to the 3rd and 4th Holes of the AZ Biltmore Golf Club, The Links Golf Course. Besides Lovely Lake, Golf and Mountain Views, This Condo is Within Walking Distance of Fine Dining (New Global Ambassador and Steak 44 Nearby, Etc) Shopping and Services Incl The Biltmore Fashion Park as well as the Wrigley Mansion and the Biltmore Hotel. Within Minutes of Hiking Trails at Piestewa Park and Camelback Mountain or Walk Community Path or Walk, Run, Bike the AZ Canal. The Back Gate Provides Access to Shopping, Banking, Dining and Services incl Hava Java, Matt's Big Breakfast, Keegans, The Collins and Safeway Grocery Store. Biltmore Terrace is a Gated Community w 24 Hr Roving Security Patrol, Professional On Site Managed. Amenities Incl 2 Pools, 2 Hot Tubs, Clubhouse, Conference Room, Bike Storage Room, Package Receipt Room and Exercise Room. Minimum 30 Day Rentals and NO Pet Community Policy (See HOA for Service Animal or Emotional Support Medical Exemption). A++++ LOCATION FOR TRUE AZ RESORT STYLE LIVING!
No exterior & parking available.
Grades 5-8 • 1.7 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 | 1.0 | 2.0 | 22% |
| Square foot | 1,258 | 1,189 | 62% |
| Lot Size | 1,230 | 1,008 | 75% |
| Price | $370.0K | $370.0K | 50% |
| Price per sq ft | $294 | $312 | 47% |
| Built year | 1981 | 1984 | 44% |
| HOA | $738 | $365 | 80% |
| Days on market | 98 | 1430 | 2% |
Apr 10, 2026
$369,999
$385,000
-4% Price Drop
Initial Listing
Jan 18, 2026
$385,000
Initial Listing