
Phoenix, AZ 85016
Analysis of 5301 N 23RD Street, Phoenix, AZ 85016 is currently available with a list price of $6,775,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This custom desert-modern estate was completed in 2020, making it less than 5 years old. The property features mint-condition architectural finishes, including a high-end minimalist kitchen, luxury baths with premium fixtures, and state-of-the-art systems, requiring zero maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57673, living area = 5191.
Designed by the award-winning Ranch Mine and featured in Dwell and the Wall Street Journal, this 'Foo' residence is a globally recognized architectural masterpiece offering immense prestige and collector value.
Situated on a rare 1.32-acre lot within the prestigious Biltmore-Bartlett Estates, the property provides an exceptional level of privacy and outdoor space seldom found in central Phoenix.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5191, other record living area = 6125.
The assigned public schools carry relatively low ratings, particularly the local high school at a 3/10, which may be a significant drawback for families prioritizing public education.
The wabi-sabi philosophy and use of raw materials like weathering steel and board-formed concrete create a highly specific architectural style that may limit the property's appeal to a narrow segment of luxury buyers.
Foo. An architectural icon - and now, for the first time, yours. Featured on the cover of Dwell and celebrated in the pages of the Wall Street Journal and Dezeen, Foo is one of the most acclaimed custom residences in the American Southwest. Designed by award-winning studio The Ranch Mine and completed in 2020, this 6,125 sq ft, includes (934 sq ft (2bed/1bth))casita desert-modern masterpiece sits on a rare 1.32-acre urban oasis in Phoenix's prestigious Biltmore-Bartlett Estates neighborhood. The design philosophy - rooted in the wabi sabi tradition - honors imperfection, texture, and time. Board-formed concrete, weathering steel, hand-troweled stucco, and reclaimed wood. This is not just a home. It is a published, celebrated, once-in-a-generation work of art; waiting for its next chapter!
No exterior & parking available.
Grades 5-8 • 0.8 mi
Grades PK-4 • 1.7 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 100% |
| Baths | 6.0 | 2.0 | 98% |
| Square foot | 5,191 | 1,886.5 | 99% |
| Lot Size | 57,673 | 8,294 | 97% |
| Price | $6.78M | $595.0K | 100% |
| Price per sq ft | $1.3K | $354 | 99% |
| Built year | 2019 | 1955 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 1490 | 0% |
Apr 23, 2026
$6,775,000
Initial Listing