5242 E HERRERA Drive, Phoenix, AZ 85054, Phoenix, 85054 - 4 bed, 2 bath
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Phoenix, AZ 85054
This Stunning Move-In Ready Home is listed at $1,050,000, offering exceptional value right at its $1,052,193 Fair Market Value. Featuring a 2020 complete remodel, a chef's kitchen with quartz countertops, and a remodeled mini-pebble pool, the property boasts an Excellent Condition Rating requiring zero immediate work. Situated in the prime Desert Ridge enclave, this listing combines financial stability with resort-style luxury. It is the perfect fit for discerning professionals or owner-occupants seeking a polished, stress-free transition in a highly desirable North Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5242 E HERRERA Drive Subject | $995,000* List Price | 4 | 2 | 2,340 | $403 | - |
A 5571 E Via Montoya Drive Sold | $975,000 | 4 | 3 | 2,670 | $365 | 0.5 mi |
B 22231 N 55TH Street Sold | $1,020,000 | 3 | 2 | 2,449 | $416 | 0.5 mi |
C 22231 N 55TH Street Sold | $1,020,000 | 3 | 2 | 2,449 | $416 | 0.5 mi |
D 22236 N 48TH Street Sold | $719,000 | 5 | 3 | 2,414 | $298 | 0.5 mi |
E 22236 N 48TH Street Sold | $719,000 | 5 | 3 | 2,414 | $298 | 0.5 mi |
F 22236 N 48TH Street Sold | $719,000 | 5 | 3 | 2,414 | $298 | 0.5 mi |
G 21349 N 58TH Street Sold | $1,140,000 | 5 | 5 | 3,119 | $366 | 1.0 mi |
H 22831 N 53rd Street Active Under Contract | $1,175,000 List Price | 4 | 3 | 2,913 | $403 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete remodel in 2020, meeting the <5-year renovation criteria for Excellent. It features a modern chef's kitchen with quartz waterfall countertops, updated flooring, and high-end finishes. Key systems are recently updated, including AC units (2020), roof (2016), and a full pool remodel in 2024, ensuring mint condition with no immediate maintenance required.
The property underwent a full interior renovation in 2020, featuring high-end Italian tile, solid wood flooring, Quartz countertops, and updated major systems including the AC and roof.
The backyard was professionally leveled in 2024 and features a remodeled mini-pebble pool and a large outdoor kitchen, offering a premium space for entertaining.
Situated in a highly desirable North Phoenix enclave, the home offers immediate access to the Loop 101, JW Marriott, Wildfire Golf Club, and high-end shopping at Desert Ridge Marketplace.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2340, other record living area = 2236.
For a four-bedroom home at a million-dollar price point, having only two bathrooms may be a drawback for larger families or buyers expecting a higher bed-to-bath ratio.
The hidden podcast studio, while unique, is a highly specialized feature that may require additional investment to convert back into a standard closet or functional living area for most buyers.
OVER $240,000 in updates!! This home is a rare find in Desert Ridge! Completely Remodeled in 2020, this 4 bedroom 2 bath home features countless upgrades including Large format Italian tile throughout the main living areas, Solid wood floors in all the bedrooms, LED lighting throughout, huge chefs kitchen and much more. The backyard was complete leveled in 2024, pool was remodeled with all new mini pebble liner, new pool filter and a large outdoor kitchen. New Roof in 2016, new AC units in 2020, Quartz countertops throughout, and much much more! There is also a hidden room that was used as a podcast studio!! Nearby conveniences - JW Marriott, Wildfire Golf Course, Desert Ridge Marketplace, High Street plus Loop101 access. North South exposure.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,340 | - |
| Lot Size | 8,075 | - |
| Price | $995.0K | $495.4K |
| Price per sq ft | $425 | $290 |
| Built year | 1999 | 0 |
| HOA | $300 | $0 |
| Days on market | 76 | 1260 |
Jul 8, 2026
$995,000
$1,000,000
+0% Price Increase
Initial Listing
Jun 27, 2026
$1,000,000
$1,015,000
-1% Price Drop
Initial Listing
Jun 17, 2026
$1,015,000
$1,025,000
-1% Price Drop
Initial Listing
Jun 4, 2026
$1,025,000
$1,050,000
-2% Price Drop
Initial Listing
May 8, 2026
$1,050,000
Initial Listing