5209 W LAS PALMARITAS Drive, Glendale, AZ 85302, Glendale, 85302 - 3 bed, 2 bath
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Glendale, AZ 85302
This property presents a High-Potential Investment Opportunity with a List Price of $455,000—positioned well below the $462,339 Fair Market Value by 1.59%. This valuation gap offers $7,339 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), the home requires a full interior renovation to modernize its 1977 footprint. With a spacious 2,283 sqft layout, a large 8,786 sqft lot, and a private patio, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in Glendale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5209 W LAS PALMARITAS Drive Subject | $455,000* List Price | 3 | 2 | 2,283 | $203 | - |
A 5404 W Eva Street Sold | $419,000 | 4 | 2 | 1,955 | $214 | 0.9 mi |
B 5222 W LAS PALMARITAS Drive Pending | $440,000 List Price | 4 | 2 | 2,156 | $204 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and largely in original condition, the home features a dated kitchen with laminate counters, older cabinetry, and original bathroom fixtures. The listing is explicitly marketed as a renovation project for investors and flippers, indicating that while functional, the property requires a full rehab to meet modern standards.
With 2,283 square feet of living space including a bonus room and formal living/dining areas, this home offers a generous and flexible floor plan that is larger than many comparable 3-bedroom properties in the area.
Priced specifically for investors and renovation-minded buyers, the property provides a prime opportunity to build immediate equity through modernization and cosmetic upgrades in an established Glendale neighborhood.
The expansive 8,786-square-foot lot offers a sizable backyard for outdoor living, and the absence of an association fee provides homeowners with greater financial freedom and fewer property restrictions.
The property is positioned as a fixer-upper, suggesting that significant capital investment will be necessary to update the 1977 interior to meet modern market standards and buyer expectations.
The 2-car garage currently features a storage partition that limits its primary use, requiring the new owner to perform demolition and restoration work to regain full vehicle parking functionality.
Priced to sell with endless potential! This spacious 2,283-square-foot home offers 3 bedrooms, 2 bathrooms, a bonus room, formal living and dining areas, a generous family room, and a 2-car garage. The garage currently includes a storage area that can be removed to restore full two-car parking functionality. Situated on a sizable lot with a large backyard, this property presents an excellent opportunity for investors, flippers, or buyers looking to renovate and build equity. The flexible floor plan provides plenty of space to reimagine and modernize to today's standards. Conveniently located in the established Northern Palms community, just minutes from shopping, dining, schools, and major commuter routes. Enjoy easy access to the historic downtown Glendale district, nearby parks, local attractions such as Sahuaro Ranch Park and Manistee Ranch. The property is also a short drive from entertainment, sports venues, and retail destinations throughout the West Valley. Bring your vision and transform this property into something special. Opportunities like this don't come along often!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,283 | 1,909 |
| Lot Size | 8,786 | 7,371.5 |
| Price | $455.0K | $1.02M |
| Price per sq ft | $199 | $496 |
| Built year | 1977 | 1935 |
| HOA | $0 | $212 |
| Days on market | 28 | 1527 |
Jun 24, 2026
$455,000
Initial Listing