5428 S 35th Way, Phoenix, AZ 85040, Phoenix, 85040 - 3 bed, 3 bath
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Phoenix, AZ 85040
This Modern New Construction Townhouse is a Strong Value Opportunity, listed at $440,880—positioned slightly above the $434,613 Fair Market Value. While not a discount play, the property features a Mint Condition Rating (2026 build) with high-end Gourmet Kitchen finishes and Quartz Countertops. The inclusion of a 6% Seller Incentive significantly enhances affordability and offsets closing costs. Its strategic location near ASU and downtown Phoenix ensures long-term demand. This is an ideal acquisition for first-time buyers or busy professionals seeking a low-maintenance, turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5428 S 35th Way Subject | $439,990* List Price | 3 | 3 | 1,582 | $274 | - |
A 5440 S 35th Way Active | $419,990 List Price | 3 | 3 | 1,582 | $265 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New construction (2026) in mint condition. Features a modern gourmet kitchen with quartz countertops and stainless steel appliances, along with updated bathrooms and brand-new systems.
As a 2026 build, this home features contemporary design elements including quartz countertops, GE stainless-steel appliances, and an open-concept layout that meets the demands of modern buyers.
The property is ideally positioned for commuters and professionals, offering quick access to ASU, Sky Harbor Airport, Downtown Phoenix, and major freeway systems.
The offer of up to 6% of the base price toward closing costs or interest rate buydowns provides a substantial competitive advantage and improves overall affordability for the buyer.
With a lot size of only 1,780 square feet, the property offers very little private yard space, which may be a drawback for buyers with pets or those desiring outdoor recreation areas.
Being a townhouse within a gated community, the property involves close proximity to neighbors and shared walls, which may limit privacy compared to detached residential options.
Enjoy low-maintenance living in the gated community of Urban at South Mountain, ideally situated close to ASU, Sky Harbor Airport, downtown Phoenix, shopping, dining, and major freeways. This beautifully crafted Orinda plan offers an open design that blends style and functionality. The gourmet kitchen is the heart of the home with Stone Grey cabinetry, Arctic White quartz countertops, GE stainless-steel appliances, a spacious island, and designer pendant lighting overlooking the great room. Upstairs, a flexible loft is perfect for a home office or media space. The relaxing primary suite features dual sinks, a walk-in shower, and a large walk-in closet, while two additional bedrooms provide space for family or guests. ^^Up to 6% of Base Price can be applied towards closing cost and/or short-long-term interest rate buydowns when choosing our preferred Lender. Additional eligibility and limited time restrictions apply. Ask for more information!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,582 | - |
| Lot Size | 1,780 | - |
| Price | $440.0K | $341.8K |
| Price per sq ft | $278 | $259 |
| Built year | 2026 | 0 |
| HOA | $179 | $0 |
| Days on market | 10 | 1211 |
Jul 18, 2026
$439,990
$440,880
+0% Price Increase
Initial Listing
Jul 13, 2026
$440,880
Initial Listing