5440 W HOBBY HORSE Drive, Phoenix, AZ 85083, Phoenix, 85083 - 3 bed, 3 bath
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Phoenix, AZ 85083
This Spacious Corner-Lot Residence is a Strong Value Opportunity, listed at $524,999—positioned well below the $580,796 Fair Market Value by 9%. This valuation gap provides $55,797 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the home features a Granite Kitchen, high ceilings, and a private patio with distant mountain views. Located within the boundary of the 10/10 rated Stetson Hills Elementary, it balances lifestyle luxury with immediate financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5440 W HOBBY HORSE Drive Subject | $524,999* List Price | 3 | 3 | 2,094 | $277 | - |
A 25212 N 56TH Avenue Sold | $600,000 | 3 | 2 | 1,843 | $326 | 0.5 mi |
B 26708 N BABBLING BROOK Drive Active | $376,900 List Price | 2 | 3 | 1,306 | $289 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011, this property falls within the 10-20 year age range for a 'good' rating. The home is move-in ready and well-maintained with no visible deferred maintenance. The kitchen features granite countertops and stainless steel appliances that, while not brand new, are modern and fully functional. The flooring and fixtures are in good condition, and the overall aesthetic remains contemporary and stylish.
Middle School: Stetson Hills Elementary School (10/10).
Situated on a desirable corner lot, this property offers enhanced curb appeal and increased privacy with fewer immediate neighbors compared to standard interior lots.
The home features a contemporary kitchen with granite countertops, stainless steel appliances, and a center island, all complemented by high ceilings and abundant natural light.
With a lot size of 3,810 square feet for a 2,094 square foot home, the backyard and outdoor living areas are relatively compact.
The property is subject to a $296 association fee, which increases the monthly cost of ownership compared to non-HOA communities in the region.
Corner lot charm meets spacious + stylish living! This two-story, 3 bed + den, 2.5 bath home offers 2,094 sq/ft of living space that's situated on a desirable corner lot. High ceilings and natural light are at the center of the home that flows into the kitchen which has granite countertops, a center island, and stainless steel appliances. Upstairs, the spacious primary suite offers a private retreat with an ensuite bathroom featuring dual sinks, a separate soaking tub, and a walk-in shower. With its generous layout, modern finishes, and prime corner lot location, this home offers the perfect blend of style and functionality.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades PK-8 • 1.4 mi
Grades PK-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,094 | 2,512 | 35% |
| Lot Size | 3,810 | 7,781 | 3% |
| Price | $525.0K | $525.0K | 49% |
| Price per sq ft | $251 | $227 | 62% |
| Built year | 2011 | 2002 | 85% |
| HOA | $296 | $169 | 98% |
| Days on market | 16 | 1697 | 0% |
Apr 9, 2026
$524,999
Initial Listing