
Glendale, AZ 85308
This Premium Waterfront Estate is a Strong Value Opportunity, listed at $1,190,000—positioned well below the $1,288,900 Fair Market Value by 7%. This valuation gap provides $98,900 in Instant Equity. Boasting a Move-In Ready Condition Rating, the residence features a private boat dock, pool and spa, and a main-level primary suite with panoramic lake and mountain views. Located near top-rated Legend Springs Elementary (9/10), this home balances luxury lifestyle with immediate financial upside. It is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5285 W MOHAWK Lane Subject | $1,190,000* List Price | 4 | 3 | 3,314 | $389 | - |
A 5286 W LONE CACTUS Drive Sold | $1,205,000 | 4 | 3 | 2,949 | $409 | 0.4 mi |
B 21659 N 58TH Avenue Sold | $1,170,000 | 5 | 4 | 3,687 | $317 | 0.8 mi |
C 20652 N 53RD Avenue Active | $1,165,000 List Price | 5 | 3 | 3,168 | $368 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates that elevate it above its 1997 original construction. The kitchen features granite countertops and stainless steel appliances, and the primary bathroom has been remodeled with a spa-inspired walk-in shower and vessel sinks. While the dark cabinetry and specific tile patterns suggest the renovations occurred approximately 10-15 years ago rather than recently, the home is well-maintained with high-quality features like wood shutters, epoxy garage floors, and a remodeled private boat dock.
Elementary School: Legend Springs Elementary School (9/10). Middle School: Sierra Verde Elementary School (9/10).
The property features a rare, high-end location in Arrowhead Lakes with a private boat dock, a sparkling pool, and unobstructed panoramic views of both the lake and mountains.
The home includes a highly sought-after first-floor primary suite with direct patio access and a spa-inspired bathroom, offering luxury and long-term accessibility.
Built in 1997, some original architectural elements or major systems may require modernization to meet the aesthetic and efficiency standards of contemporary luxury buyers.
The property is subject to ongoing association fees, which increase the total cost of ownership compared to non-HOA waterfront alternatives.
Experience exceptional waterfront living in a premium location with breathtaking long lake and mountain views in the highly sought-after community of Arrowhead Lakes. This beautifully maintained residence offers the ideal blend of comfort, elegance, and Arizona outdoor living, featuring a highly desirable main-level primary suite and thoughtfully designed spaces perfect for both everyday living and entertaining. The backyard captures the essence of lakeside living with a sparkling pool and spa, inviting patio, and a remodeled private boat dock. Whether enjoying morning coffee overlooking the water, cooling off with an afternoon swim, or hosting sunset gatherings with family and friends, the serene lake setting creates a truly special backdrop. Click ''More'' for additional details... Inside, a light-filled entry welcome you with elegant formal living and dining spaces highlighted by soaring ceilings and expansive windows. At the heart of the home, the center-island kitchen offers granite countertops, stainless steel appliances, dual ovens, a gas cooktop, breakfast bar, and a charming breakfast nook perfectly positioned to take in the tranquil lake views. The kitchen opens seamlessly to the family room, where dramatic ceilings, a floor-to-ceiling tiled fireplace, wall niches, and panoramic water views create a warm and inviting gathering space. The private primary retreat on the main level offers direct patio and pool access and features a spa-inspired bath with a tiled walk-in shower, two-person Jacuzzi tub, dual vanities with distinctive vessel sinks, and an oversized walk-in closet. A convenient built-in office area with desk and storage is located just outside the suite. Upstairs, a spacious loft and entertainment area showcases stunning lake views and includes a custom wet bar with two refrigerators and cabinetry. Step outside onto the view deck to enjoy sweeping panoramic vistas of the lake and surrounding mountains. Three generously sized secondary bedrooms complete the upper level. Additional highlights include wood shutters, custom tile flooring with decorative borders throughout, soaring ceilings, and a 3-car garage with epoxy flooring, built-in cabinetry, and service door. Ideally located near golf, recreation, dining, and shopping, this exceptional waterfront home offers a rare opportunity to enjoy the beauty and lifestyle of lakefront living in Arrowhead Lakes.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 1.2 mi
Grades PK-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 3,314 | 1,926.5 | 95% |
| Lot Size | 8,670 | 7,841 | 67% |
| Price | $1.19M | $388.0K | 98% |
| Price per sq ft | $359 | $231 | 98% |
| Built year | 1997 | 1994 | 72% |
| HOA | $276 | $95 | 88% |
| Days on market | 16 | 2547 | 0% |
Apr 6, 2026
$1,190,000
Initial Listing