5435 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 $444,990—positioned slightly above the $439,965 Fair Market Value. While the price reflects a premium for its Mint Condition Rating, the property offers immediate stability with high-end finishes like Quill-stained cabinetry and marble-look quartz countertops. Its strategic location near ASU and Sky Harbor ensures consistent rental demand, while the Alpharetta floor plan provides a versatile loft for modern living. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5435 S 35th Way Subject | $419,990* List Price | 3 | 3 | 1,713 | $247 | - |
A 5447 S 35th Way Pending | $469,990 List Price | 3 | 3 | 1,880 | $250 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction property (built in 2026) in mint condition. It features a modern kitchen with quartz countertops and stainless steel appliances, along with contemporary bathrooms including dual vanities and a walk-in shower, requiring zero maintenance.
Built in 2026, this home features contemporary design elements including quartz countertops and an open-concept layout, offering the benefits of energy efficiency and minimal immediate maintenance.
The property is ideally positioned near ASU, Sky Harbor Airport, and major commuter routes, making it highly attractive for professionals and providing strong potential for rental demand.
The Alpharetta plan includes a flexible upstairs loft and a spacious primary suite, providing adaptable living spaces that cater to various lifestyle needs or work-from-home requirements.
With a lot size of only 1,780 square feet, the property offers very little private yard space, which may be a significant drawback for buyers with pets or those who enjoy outdoor entertaining.
As a townhouse within a gated community, the close proximity to neighbors and shared walls may result in less privacy and potential noise concerns compared to a detached single-family residence.
~Special CASH Pricing Available $419,990~ Experience low-maintenance living at Urban at South Mountain, a gated townhome community conveniently located near ASU, major commuter routes, shopping, dining, and Sky Harbor Airport. The thoughtfully designed Alpharetta plan features an open layout with a spacious great room that seamlessly connects to the stylish kitchen, complete with Quill-stained cabinetry, marble-look quartz countertops, stainless-steel appliances, and a large island with pendant lighting. Upstairs, a versatile loft offers flexible living space, complemented by two secondary bedrooms and a private primary suite featuring dual vanities, a walk-in shower, and a generous walk-in closet.
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 | 1,713 | - |
| Lot Size | 1,780 | - |
| Price | $420.0K | $341.8K |
| Price per sq ft | $245 | $259 |
| Built year | 2026 | 0 |
| HOA | $179 | $0 |
| Days on market | 51 | 1211 |
Jun 27, 2026
$419,990
$444,990
-6% Price Drop
Initial Listing
Jun 2, 2026
$444,990
Initial Listing