
Phoenix, AZ 85054
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,165,582 Fair Market Value by 9%. This valuation gap offers $115,582 in Instant Equity for the buyer. Featuring a Gourmet Kitchen with cherry cabinets and a Resort-Style Backyard with a pool, the home maintains a Condition Rating of 2. Located in the prestigious Desert Ridge, this property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a high-end, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5571 E Via Montoya Drive Subject | $995,000* List Price | 4 | 3 | 2,670 | $374 | - |
A 22231 N 55TH Street Sold | $1,020,000 | 3 | 2 | 2,449 | $416 | 0.1 mi |
B 22231 N 55TH Street Sold | $1,020,000 | 3 | 2 | 2,449 | $416 | 0.1 mi |
C 22847 N 55TH Street Sold | $1,275,000 List Price | 4 | 3 | 3,316 | 0.5 mi | |
D 22236 N 48TH Street Sold | $719,000 | 5 | 3 | 2,414 | $298 | 0.8 mi |
E 22236 N 48TH Street Sold | $719,000 | 5 | 3 | 2,414 | $298 | 0.8 mi |
F 22236 N 48TH Street Sold | $719,000 | 5 | 3 | 2,414 | $298 | 0.8 mi |
G 22106 N 59TH Way Active | $1,249,900 List Price | 4 | 3 | 2,771 | $451 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1998, the property shows evidence of a high-end renovation within the last 5 years. Updates include modern wide-plank flooring, fresh neutral paint, and a completely remodeled primary spa-bath with contemporary floor-to-ceiling tile and a frameless glass shower. The gourmet kitchen with granite and double ovens, combined with the mint condition of the systems and exterior, places this in the top tier.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10813, living area = 2670.
Situated in the highly sought-after Desert Ridge community, this property offers immediate access to award-winning schools, premium shopping, and high-end dining.
The oversized corner lot features a comprehensive outdoor oasis including a shimmering play pool, built-in BBQ, and a large grassy area, ideal for entertaining.
Built in 1998, the home may soon require capital improvements for aging major systems such as the roof or HVAC to maintain modern efficiency.
The $300 association fee adds a recurring monthly expense that may impact the overall affordability for some buyers in this price bracket.
Welcome to the crown jewel of the Northeast valley-incomparable and ultra desirable Desert Ridge! And welcome home to this incredible home quietly nestled on the resort side of Desert Ridge, on an oversized corner lot with a 3 car garage! Let's start with the gourmet kitchen highlighted by rich cherry cabinets, gas range, double ovens, huge center island and slab granite counters. Split floorplan features a private owner's retreat with spa bath, dual vanities and large soaking tub. Additional rooms include a living room, dining room and large family room anchored by a gas fireplace. The backyard oasis features a large covered patio, shimmering play pool, built in BBQ and large grassy area. Desert Ridge is the place to be with award winning schools, incredible parks, shopping and dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,670 | 2,414 | 58% |
| Lot Size | 10,813 | 6,740 | 81% |
| Price | $995.0K | $719.0K | 55% |
| Price per sq ft | $373 | $346 | 52% |
| Built year | 1998 | 1999 | 45% |
| HOA | $300 | $186 | 74% |
| Days on market | 31 | 1022 | 3% |
May 31, 2026
$995,000
$1,050,000
-5% Price Drop
Initial Listing
May 14, 2026
$1,050,000
Initial Listing