5231 N 42ND Place, Phoenix, AZ 85018, Phoenix, 85018 - 4 bed, 4 bath
Loading property details...
Phoenix, AZ 85018
This Updated Arcadia Ranch is a Strong Value Opportunity, listed at $2,475,000—positioned well below the $2,739,258 Fair Market Value by 9%. This valuation gap provides $264,258 in Instant Equity. Boasting a Renovated Condition Rating, the home features a high-end chef's kitchen and iconic Camelback Mountain views on an oversized corner lot. Located in the prestigious Hopi Elementary district, it offers immediate lifestyle luxury with significant financial upside. This is an exceptional acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting high-demand Arizona real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5231 N 42ND Place Subject | $2,475,000* List Price | 4 | 4 | 3,213 | $853 | - |
A 3729 E PIERSON Street Sold | $2,750,000 | 4 | 3 | 2,936 | $937 | 0.7 mi |
B 5847 N 46th Street Sold | $2,200,000 List Price | 4 | 3 | 2,818 | 0.7 mi | |
C 4316 E STANFORD Drive Sold | $1,999,999 List Price | 6 | 6 | 3,696 | 0.2 mi | |
D 3604 E ORANGE Drive Sold | $2,000,000 List Price | 3 | 3 | 2,526 | 0.8 mi | |
E 4324 E STANFORD Drive Active | $1,999,999 List Price | 3 | 3 | 2,602 | $769 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1959 ranch has been extensively renovated within the last 5 years, bringing all components up to modern quality standards. The property features a high-end chef's kitchen with premium Monogram appliances, updated bathrooms with contemporary tile work and fixtures, and new flooring and recessed lighting throughout. The exterior and interior show no signs of deferred maintenance, making it virtually new in terms of condition and style.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19114, living area = 3213.
Situated in the heart of Arcadia, this property offers an elite lifestyle with walking distance to premier destinations like The Global Ambassador and Steak 44, plus proximity to top-tier hiking trails.
The oversized corner lot provides significant outdoor space and privacy, featuring a classic diving pool and stunning, unobstructed views of Camelback Mountain.
Built in 1959, the home may have underlying structural or utility limitations typical of mid-century properties that modern cosmetic updates might not fully address.
While the property is in the desirable Hopi school district, the designated high school carries a lower rating of 5, which may be a concern for education-focused buyers.
Situated on an oversized corner lot on a quiet, tree-lined Arcadia street with beautiful Camelback Mountain views, this updated Arcadia ranch is located within the highly sought-after Hopi school district. The spacious floor plan features two primary suites and two generous living areas, offering flexibility for both family living and entertaining.The chef's kitchen is well appointed with Monogram appliances, double ovens, an oversized double refrigerator, ice maker, wine fridge, and gas cooktop. The backyard is ideal for Arizona living with two expansive patio areas, a built-in grill, RV gate, and a classic diving pool with diving board. Just minutes from premier hiking trails and walking distance to some of Arcadia's most popular dining and shopping destinations including The Global Ambassador, Steak 44, Flower Child and AJ's!
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 3,213 | 2,715 | 65% |
| Lot Size | 19,114 | 9,936 | 78% |
| Price | $2.48M | $1.20M | 82% |
| Price per sq ft | $770 | $473 | 80% |
| Built year | 1959 | 1961 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 1537 | 0% |
Mar 16, 2026
$2,475,000
Initial Listing