
Phoenix, AZ 85041
This 2023 New Construction Home represents a Strong Value Opportunity, listed at $490,000—positioned above the $458,225 Fair Market Value. While priced at a premium, the property offers an Excellent Condition Rating and rare No HOA flexibility, including a large lot with RV Gate access. Featuring a modern open-concept layout, stainless steel appliances, and a spa-inspired primary suite, this residence provides a turnkey lifestyle near South Mountain trails. This is an ideal acquisition for Owner-Occupants seeking modern comfort or first-time buyers prioritizing move-in readiness and outdoor storage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5515 S 11TH Avenue Subject | $490,000* List Price | 4 | 3 | 1,997 | $229 | - |
A 5437 S MONTEZUMA Street Sold | $370,000 | 5 | 2 | 1,766 | $210 | 0.5 mi |
B 5811 S 16TH Drive Sold | $378,000 | 4 | 2 | 1,520 | $249 | 0.4 mi |
C 2007 W CHIPMAN Road Sold | $353,000 | 4 | 2 | 1,307 | $270 | 1.0 mi |
D 6009 S 15TH Drive Sold | $432,500 | 5 | 3 | 2,349 | $184 | 0.4 mi |
E 6009 S 15TH Drive Sold | $432,500 | 5 | 3 | 2,349 | $184 | 0.4 mi |
F 5519 S 11TH Avenue Active | $500,000 List Price | 4 | 3 | 1,970 | $254 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction home built in 2023, meeting the criteria for excellent condition. The property features a modern open-concept kitchen with stainless steel appliances, spa-like bathrooms with a freestanding soaking tub and walk-in shower, and brand-new HVAC and electrical systems.
Built in 2023, this home offers the peace of mind of new construction with contemporary open-concept living and high-end primary suite finishes.
The absence of HOA restrictions combined with a large lot and RV gate provides rare freedom for vehicle storage and personalized property use.
Ideally situated near Downtown Phoenix and South Mountain trails, offering a perfect balance of urban commute convenience and outdoor recreation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1997, other record living area = 1947.
While the front is landscaped, the large backyard is a blank canvas that will require additional buyer investment to complete.
With all four bedrooms located on the upper floor, the layout may be less desirable for buyers seeking single-level living or multi-generational accessibility.
NEW CONSTRUCTION | LARGE LOT | RV GATE | NO HOA! Experience the freedom and flexibility of owning a brand-new home with no HOA restrictions--perfect for storing your RV, toys, or creating the backyard you've always envisioned. This thoughtfully designed residence offers modern living at its finest, featuring an open-concept main floor with a spacious great room ideal for entertaining or relaxing. The stunning kitchen is the heart of the home, showcasing stainless steel appliances, a convenient breakfast bar for casual dining, and a generous walk-in pantry providing ample storage for all your needs. Upstairs, you'll find four generously sized bedrooms along with a conveniently located laundry room for everyday ease. The luxurious primary suite serves as a private retreat, complete with a large walk-in closet, spa-inspired bathroom with a walk-in shower, freestanding soaking tub, and an executive-height double vanity. Step outside to enjoy a fully landscaped front yard and a large backyard with RV gate access, offering endless possibilities--whether you envision a pool, workshop, garden, or outdoor entertaining space. Ideally located just minutes from major freeway loops, Downtown Phoenix, and South Mountain hiking trails, this home combines modern comfort with exceptional convenience and access to outdoor recreation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,997 | - |
| Lot Size | 7,889 | - |
| Price | $490.0K | $495.4K |
| Price per sq ft | $245 | $290 |
| Built year | 2023 | 0 |
| HOA | $0 | $0 |
| Days on market | 38 | 1260 |
Jun 15, 2026
$490,000
Initial Listing