5450 E DEER VALLEY Drive 3172, Phoenix, AZ 85054, Phoenix, 85054 - 2 bed, 2 bath
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Phoenix, AZ 85054
This Premium Resort-Style Condominium is listed at $550,000, offering a rare ownership opportunity in the vibrant Desert Ridge area. Positioned at a premium relative to the $501,501 Fair Market Value, the valuation is supported by its status as a top-floor corner unit with a spacious split floor plan and the community's only 30-day rental flexibility. Maintaining a Move-in Ready Condition, the residence provides immediate access to world-class resort amenities including three pools and elite fitness centers. It is an ideal acquisition for Seasonal Residents or Lifestyle-Driven Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5450 E DEER VALLEY Drive 3172 Subject | $550,000* List Price | 2 | 2 | 1,464 | $343 | - |
A 5450 E DEER VALLEY Drive 1195 Sold | $440,000 | 2 | 2 | 1,392 | $316 | 0.0 mi |
B 5350 E DEER VALLEY Drive 1276 Sold | $480,000 | 2 | 2 | 1,392 | $345 | 0.2 mi |
C 5450 E DEER VALLEY Drive 2191 Sold | $410,000 | 2 | 2 | 1,246 | $329 | 0.1 mi |
D 21320 N 56TH Street 2090 Sold | $424,900 List Price | 2 | 2 | 1,408 | 0.3 mi | |
E 5350 E DEER VALLEY Drive 2256 Sold | $500,000 | 2 | 2 | 1,468 | $341 | 0.2 mi |
F 5350 E Deer Valley Drive 1276 Sold | $480,000 | 2 | 2 | 1,392 | $345 | 0.2 mi |
G 5450 E DEER VALLEY Drive 1180 Active | $449,000 List Price | 2 | 2 | 1,385 | $324 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014, this property is in the 10-20 year age range and remains in move-in ready condition. The kitchen is well-appointed with modern dark wood cabinetry, stone countertops, and stainless steel appliances. The bathrooms feature contemporary fixtures and finishes consistent with the overall quality of the unit. Flooring and paint appear well-maintained, and the property requires no immediate renovations.
As the only community in Desert Ridge allowing 30-day rentals, this property offers a unique and lucrative opportunity for seasonal investors or those seeking a flexible lifestyle.
This third-floor corner unit features a desirable split floor plan with abundant natural light from extra windows and enhanced privacy with fewer shared walls.
The community provides an unparalleled lifestyle package including three resort-style pools, two fitness centers, and on-site management, rivaling high-end vacation destinations.
The association fee of $590 per month is a significant recurring expense that may impact the overall affordability and net return on investment for some buyers.
The vacation-oriented nature of the complex and the allowance of short-term rentals can lead to high resident turnover and a less stable, traditional neighborhood atmosphere.
Where resort living meets real life. Premium third floor corner unit with great balcony views! A split floor plan condo with tons of natural light peeking through the large windows and convenience in a vibrant gated community. Underground parking space with elevator access. Enjoy year-round resort living with 3 resort style pools, 3 clubhouses, 2 world class fitness centers, yoga room, game and billiards room, community lounge and an executive conference room. A full lifestyle program - all supported by on-site property management and a dedicated staff. With the only 30-day rentals allowed in all of Desert Ridge, it's perfect for seasonal living or investment. You're steps from dining, shopping, golf and entertainment. Experience luxury, flexibility and community in one stunning package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,464 | 1,246 | 67% |
| Lot Size | 1,433 | 1,230 | 75% |
| Price | $550.0K | $385.0K | 75% |
| Price per sq ft | $376 | $352 | 76% |
| Built year | 2014 | 2008 | 73% |
| HOA | $590 | $279 | 88% |
| Days on market | 43 | 1653 | 2% |
Mar 10, 2026
$550,000
Initial Listing