
Glendale, AZ 85308
This Arrowhead Lakes Golf Course Residence is a High-Potential Investment Opportunity, listed at $900,000—positioned well below the $937,668 Fair Market Value by 4%. This valuation gap offers $37,668 in Instant Equity. Featuring a 3,023 sqft walkout basement layout with panoramic golf and lake views, the home maintains a Condition Rating of 3 with recent 2026 roof and 2025 HVAC upgrades. Located near top-rated schools like Legend Springs Elementary, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a premium, income-generating lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5681 W ABRAHAM Lane Subject | $900,000* List Price | 4 | 3 | 3,023 | $310 | - |
A 5465 W QUAIL Avenue Sold | $960,000 | 5 | 3 | 2,847 | $337 | 0.3 mi |
B 20652 N 53RD Avenue Sold | $1,060,000 | 5 | 3 | 3,168 | $335 | 0.4 mi |
C 21659 N 58TH Avenue Sold | $1,170,000 | 5 | 4 | 3,687 | $317 | 0.3 mi |
D 5663 W ABRAHAM Lane Active Under Contract | $885,000 List Price | 4 | 3 | 2,747 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1994, the home is exceptionally well-maintained and move-in ready. It features critical recent system updates including a new roof (2026) and new upstairs HVAC (2025). While the kitchen and bathrooms are aesthetically dated with original oak cabinetry and 90s-style fixtures, the interior has been refreshed with modern wood laminate flooring and stainless steel appliances, elevating it above the 'Fair' category.
Elementary School: Legend Springs Elementary School (9/10). Middle School: Sierra Verde Elementary School (9/10).
The property occupies a rare lot in Arrowhead Lakes, offering panoramic views of the 15th tee box, lush fairways of the Arnold Palmer-designed course, and a sparkling lake.
The rare walkout basement layout features a wet bar, family room, and two bedrooms, providing an ideal setup for multi-generational living or high-end short-term rental opportunities.
While the home features updated flooring, elements like the oak-paneled refrigerator and original cabinetry style may feel dated to buyers seeking a fully modernized luxury interior.
The $246 association fee, coupled with the maintenance requirements of a 3,000+ square foot home built in 1994, represents a notable recurring monthly expense for the owner.
Wake up every morning to panoramic views of the Arnold Palmer-designed Legend at Arrowhead Golf Club, where the 15th tee box, sparkling lake, and lush fairways create your own private backyard retreat. This rare walkout basement home offers one of the most desirable golf course settings in Arrowhead Lakes. Inside, soaring vaulted ceilings and expansive windows fill the home with natural light while showcasing the breathtaking views. The main level features the primary suite and second bedroom, formal dining, kitchen with abundant cabinetry, island, Whirlpool stainless appliances, KitchenAid refrigerator with matching oak panels, and spacious living room with a wood-burning fireplace. Mohawk wood laminate flooring extends throughout most of the home with slate tile in the entry and kitchen. Step onto the covered balcony from both the kitchen and primary suite to enjoy your morning coffee or evening sunsets overlooking the golf course and lake. The walkout basement is ideal for entertaining or multi-generational living with two additional bedrooms, full bath, large family room featuring a second wood-burning fireplace, wet bar, laundry room, and direct backyard access. Located in the sought-after Arrowhead Lakes community near shopping, dining, parks, hiking, Loop 101, and championship golf. Short-term rentals are permitted, making this home an exceptional opportunity for both full-time living and investment. New Roof - 2026 New AC upstairs - 2025
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.7 mi
Grades PK-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,023 | 1,909 |
| Lot Size | 8,731 | 7,371.5 |
| Price | $900.0K | $1.02M |
| Price per sq ft | $298 | $496 |
| Built year | 1994 | 1935 |
| HOA | $246 | $212 |
| Days on market | 21 | 1527 |
Jul 1, 2026
$900,000
Initial Listing